| 02/28/08 - AAER Inc. announced that it has retained the services of Helmut W. Moll, P.Eng., a leading strategic advisor in the wind industry, to assist the Company in developing additional banking relationships and further expand its supply chain. Through this relationship, AAER will have access to administrative and office infrastructure in Bonn, Germany. "Europe has been at the forefront of the renewable energy sector with the development of leading technologies, the emergence of global manufacturers, and the deployment and financing of its alternative energy infrastructure. Accordingly, Europe plays an important role in our industry today and Mr. Moll's extensive experience will enable AAER to further develop its interactions with manufacturers and financial players. His access to a long established network will be instrumental in delivering our business plan and will bring us closer to our objective of becoming the premier North-American wind turbine manufacturer," said Dave Gagnon, President and CEO of AAER. Mr. Moll has over 35 years of experience in the energy industry. He was most recently Chairman of an independent German wind turbine manufacturer and advisor to Harpen AG, the renewable power distribution affiliate of the German conglomerate RWE Group. He also acted as an advisor to the German Energy Supply Industry, helped establish the International Energy IPP Group and held various management positions at energy companies around the globe. Mr. Moll started his career at AEG Siemens AG as a Nuclear engineer in Cologne and he holds an Engineering Diploma in Physics and Technology from the Technical University of Aachen in Germany. |