Far East Wind Power Announces Appointment of James Crane as CFO
28 Giugno 2010 - 3:00PM
Marketwired
Far East Wind Power Corp. (OTCBB: FEWP) ("Far
East Wind" or the "Company") is pleased to announce the appointment
of James T. Crane to the position of Chief Financial Officer,
effective immediately.
Mr. Crane is an experienced public company executive originally
trained at Ernst & Young. He brings an extensive background
with notable achievements in the development and management of
business ventures in China.
He has held executive level positions with several ventures in
China including Longwei Petroleum Investment Holding Limited
("Longwei") of Taiyuan City as CFO (June 2009 - Present). Longwei
operates in Shanxi Province and is a wholesale distributor of
finished petroleum products serving select gas outlets and coal
power plants. He was instrumental in the successful completion a
$15 million financing in October 2009 and anticipated the
successful listing of Longwei on the NYSE Amex in June 2010.
Additionally, Mr. Crane served with Subaye, Inc. ("Subaye) of
Guangzhou City as CFO (October 2007 - Present). The Company
operates throughout Asia primarily providing internet-based
marketing and cloud computing products to the emerging markets
within China. Mr. Crane was instrumental in successfully listing
Subaye on the NASDAQ Global Market in March 2010.
Mr. Crane is the Founder and President of J. Crane & Company
of Beijing, a professional services firm which provides various
public company services involving financial, accounting and
investor communications matters. Mr. Crane resides in Beijing which
places him firmly at the intersection between government officials
and corporate leaders in the wind industry. He has worked with
businesses listed on the NYSE, NASDAQ, NYSE Amex and OTCBB stock
exchanges since 1999. He was educated at the Bentley College
Undergraduate School, where he received a B.S. in Accountancy. He
is a certified Public Accountant, Massachusetts, and was formerly
registered as a FINRA General Securities Representative, and FINRA
Investment Advisor, Series 7 and 65.
Mr. Marcus Laun, Director of Far East Wind, comments, "We are
very pleased by James' appointment. His financial acumen, market
knowledge and background in China are a great fit for us. We are
extremely gratified to have him join our team at this important
stage of our growth."
Details of the company's business, finances, appointments and
agreements can be found as part of the Company's continuous public
disclosure as a reporting issuer under the Securities Exchange Act
of 1934 filed with the Securities and Exchange Commission's ("SEC")
EDGAR database. For more information visit:
www.fareastwind.com.
About Far East Wind Power Corp. (OTCBB:
FEWP) Far East Wind Power Corp. aims to generate clean and
profitable energy in one of the world's fastest growing energy
sectors through access to a portfolio of high-calibre utility-class
wind power development projects. Far East will inject innovation to
drive cost out of turbine manufacturing, introduce new technologies
and strategic relationships, plus aggressively pursue low cost of
capital to deliver the most competitive cost per capacity and
highest rates of return in the Asian marketplace. For more
information, visit: www.fareastwind.com
Notice Regarding Forward-Looking
Statements This news release contains "forward-looking
statements" as that term is defined in Section 27A of the United
States Securities Act of 1933, as amended and Section 21E of the
Securities Exchange Act of 1934, as amended. Statements in this
press release which are not purely historical are forward-looking
statements and include any statements regarding beliefs, plans,
expectations or intentions regarding the future. Such
forward-looking statements include, among other things, the
development, costs and results of new business opportunities.
Actual results could differ from those projected in any
forward-looking statements due to numerous factors. Such factors
include, among others, the inherent uncertainties associated with
new projects and development stage companies. These forward-looking
statements are made as of the date of this news release, and we
assume no obligation to update the forward-looking statements, or
to update the reasons why actual results could differ from those
projected in the forward-looking statements. Although we believe
that any beliefs, plans, expectations and intentions contained in
this press release are reasonable, there can be no assurance that
any such beliefs, plans, expectations or intentions will prove to
be accurate. Investors should consult all of the information set
forth herein and should also refer to the risk factors disclosure
outlined in our annual report on Form 10-K for the most recent
fiscal year, our quarterly reports on Form 10-Q and other periodic
reports filed from time-to-time with the Securities and Exchange
Commission.
ON BEHALF OF THE BOARD
Far East Wind Power Corp.
----------------------------- Marcus Laun,
Director
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Investor Information: Evergreen Investor Relations, Inc.
Phone: 1-866-513-2537 Email: Email Contact Web:
www.fareastwind.com
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