Broadwind Energy, Inc. (NASDAQ:BWEN) today announced the appointment of Daniel E. Schueller as president of Brad Foote Gear Works, Inc., the Company’s gearing systems business, effective April 12, 2010. Schueller will report to Broadwind Energy CEO Cam Drecoll. “We are delighted to have Dan join our leadership team and expect that he will lead the gearing systems team with a robust combination of deep manufacturing experience, leadership skills and customer focus,” said J. Cameron Drecoll, chief executive officer of Broadwind. “As the anticipated upswing of the U.S. wind energy market creates new opportunities for Broadwind’s precision gearing system business, Dan’s proven success as an executive leader in manufacturing will be an asset to our customers and stockholders.” Schueller stated, “I look forward to working with the Broadwind team as we capitalize on a rich heritage of more than 85 years of gearing leadership at Brad Foote.” Prior to joining Broadwind Energy, Schueller served as vice president and general manager of Federal Signal Corporation’s Vactor Manufacturing, Inc., subsidiary, a leading manufacturer of municipal combination catch basin/sewer cleaning vacuum trucks. Previously, he served in positions of increasing responsibility in operations with Tecumseh Products Company, a leading global manufacturer of compressors and related products. Schueller holds a Bachelor of Science Degree in mechanical engineering technology from the Milwaukee School of Engineering, and a Master of Business Administration degree from St. Ambrose University in Davenport, Iowa. About Broadwind Energy, Inc. Broadwind Energy, Inc., based in Naperville, Illinois, provides technologically advanced high-value products and services to the U.S. wind energy industry. Broadwind’s product and service portfolio provides customers, including wind turbine manufacturers, wind farm developers and wind farm operators, with access to a broad array of wind component and service offerings. These product and service offerings include wind turbine gearing systems, wind turbine structural towers, industrial products, technical services, precision repair and engineering services, and logistics. For more information on Broadwind Energy, please visit http://www.broadwindenergy.com. Forward-Looking Statements This news release includes "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995 — that is, statements related to future, not past, events. Forward-looking statements are based on current expectations and include any statement that does not directly relate to a current or historical fact. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as “anticipate,” “believe,” “intend,” “expect,” “plan,” “will” or other similar words. These forward-looking statements involve certain risks and uncertainties that ultimately may not prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. The Company’s forward looking statements may include or relate to the Company’s plans to grow its business; the sufficiency of the Company’s working capital; the Company’s use of proceeds from financing activities; and the Company’s expectations regarding the state of the wind energy market generally, as well as the Company’s expectations relating to the economic downturn and the potential impact on its business and the business of its customers. For further discussion of risks and uncertainties, individuals should refer to the Company's SEC filings. The Company undertakes no obligation and does not intend to update these forward-looking statements to reflect events or circumstances occurring after this news release. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this news release. All forward-looking statements are qualified in their entirety by this cautionary statement.
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