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http://www.city-windmills.com/cwnews8-9-12.pdf CITY WINDMILLS UPDATE September 8th., 2012
City Windmills Ltd. ("CYW") is continuing its product development with KMB Design Group of New Jersey, USA, on its soon to be launched Aquilon 500 small wind turbine. KMB Design Group, LLC was founded in April 2008 by a team of seasoned professionals who have been working together for 10 years. Their extensive experience in the engineering, energy and telecommunications industries provides a great foundation for a successful design firm. KMB’s focus on technology and continuous improvement enables the firm to keep up with the latest innovations and provide state-of-the-art design solutions for its clients. KMB is licensed in 49 states and in Europe allowing for business both nationally and internationally. In particular, KMB's proximity to the manufacturing facility in Connecticut will allow for close monitoring during the early production stages of manufacturing.
As part of ongoing corporate changes, Didier Pretot, a Geneva-based lawyer, has joined the Board of Directors as an Independent Director, and suspended Director Sean Kelly has resigned upon request. David Mapley has also accepted the position of CEO and Head of US Operations with immediate effect.
CYW is currently conducting a capital raising round of funding to finance the product design and development, as well as to apply to the Frankfurt Stock Exchange - XETRA for an uplisting of its current listed status. More information is available on the new company web-site, www.city-windmills.com.
For further details, contact :
David Mapley
Chief Executive Officer
pp City Windmills Ltd.
email: mapley@city-windmills.com
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