Broadwind Energy (BWEN) Announces Realignment of Management Team

June 23, 2009 4:32 PM EDT

Broadwind Energy, Inc. (Nasdaq: BWEN) has realigned its management team to advance its business development, international and technology efforts.

"Broadwind Energy's focus over the past two years has been on building the premier component and service supplier to the North American wind energy industry," said J. Cameron Drecoll, CEO of Broadwind Energy. "We now look to leverage our success in North America and develop our global footprint. Our new management structure provides the framework for pursuing international business opportunities so that we can better serve our customers, enhance our supply chain and develop additional synergies among our subsidiary companies. In addition, we plan to increase our efforts in developing new technologies that will further enhance the products and services we provide our customers in the wind energy market worldwide."

Mr. Drecoll announced the following management changes:

Lars Moller was named President, Technology and International, and will focus his efforts on Broadwind Energy's technology leadership and international expansion, along with managing key customer and other third-party relationships. Moller was formerly the Company's Chief Operations Officer.

Jess Collins has been named Group President for three Broadwind subsidiary companies - Tower Tech Systems, RBA and Badger Transport.

Don Naab has been named Group President for Broadwind's Brad Foote Gear Works and EMS subsidiary companies. [SM]

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