U.S. Wind Farming, Inc.
Announces International Development Contracts for
Multi-Megawatt Wind Energy Electricity/Hydrogen Cooperatives
CHICAGO--(BUSINESS WIRE)--Nov. 22, 2004--U.S. Wind Farming,
Inc. (Pink Sheets:USWF)
-- U.S. Wind Farming, Inc. Has Entered into Several
International Development Contracts to Install and Own the
"Next Generation" of Integrated Renewable Energy
Systems Utilizing Advanced Wind Energy Technology and
Decentralized Hydrogen Technology
-- Under the Terms of Those Contracts, U.S. Wind Farming,
Inc. Will Produce Electricity and Hydrogen for the
Residential, Commercial and Transportation Industry
U.S. Wind Farming, Inc. (Pink Sheets:USWF),
"America's Only Publicly Traded Wind Energy
Company," (www.uswindfarming.com)
has entered into an agreement with U.S. Global Corporation
of Northbrook, Illinois and Cambridge Energy Group, Ltd. of
Northfield, Illinois to provide the development resources
for several immediate projects worldwide.
U.S. Wind Farming, Inc. ("USWF") has executed
several international development contracts to install and
own the "Next Generation" of Integrated Renewable
Energy Systems utilizing advanced GE Wind Energy Technology
(www.gewindenergy.com)
and Stewart Energy's Decentralized Hydrogen Technology (www.stuartenergy.com).
USWF will produce Electricity and Hydrogen for the
residential, commercial and transportation industry
internationally. Financing of equipment and construction for
each Wind Energy Electricity/Hydrogen Cooperative is being
accomplished with the assistance of Ashlin Capital, LLC (www.ashlincapital.com),
which is already providing financing to USWF, via Renewable
Energy Utility Trust Bonds and direct loans from major
financial and electrical utility institutions that will be
provided with renewable energy and carbon credits for their
qualified energy portfolios. USWF is the majority owner of
all Wind Energy Electricity/Hydrogen Cooperatives. USWF will
realize increasing fixed income from renewable energy
contracts for the next 30 years.
USWF expects its "Next Generation" Wind Energy
Electricity/Hydrogen Cooperatives will produce at least 25%
more revenue than current generation Wind Energy Projects.
This will provide the Company with the ability to be even
more competitive within the existing wind energy industry,
and allow it to compete with the fossil fuel industry in
delivering cost-effective electricity and fuels without
government subsidies and tax incentives.
The Company relies upon the Safe Harbor Laws of 1933,
1934 and 1995 for all public news releases. Statements,
which are not historical facts, are forward-looking
statements. The company, through its management, makes
forward-looking public statements concerning its expected
future operations, performance and other developments. Such
forward-looking statements are necessarily estimates
reflecting the company's best judgment based upon current
information and involve a number of risks and uncertainties,
and there can be no assurance that other factors will not
affect the accuracy of such forward-looking statements. It
is impossible to identify all such factors. Factors which
could cause actual results to differ materially from those
estimated by the company include, but are not limited to,
government regulation; managing and maintaining growth; the
effect of adverse publicity; litigation; competition; and
other factors which may be identified from time to time in
the company's public announcements.
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