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CLIPPER WINDPOWER APPOINTS MICHAEL KEANE AS CHIEF FINANCIAL OFFICER AND SENIOR VICE PRESIDENT
Keane Brings Substantial Functional And Executive Leadership Experience Within The Manufacturing, Technology, and Information Technology Services Sectors
CARPINTERIA, CALIFORNIA - September 24, 2008 - Clipper Windpower Plc ("Clipper"), in a statement
delivered to the London Stock Exchange's Regulatory News Service on July 28, 2008, announced the
appointment of Michael Keane as Chief Financial Officer and Senior Vice President, effective September 2, 2008.
"Michael brings to Clipper a substantial track record of both functional and executive leadership" said
Douglas Pertz, President and Chief Executive Officer. "His financial expertise within the manufacturing,
technology, and information technology (IT) services sectors, combined with his proven abilities with
manufacturing-based, public companies will be invaluable as we continue to expand Clipper's capability within the global wind energy sector."
Prior to joining Clipper, Mr. Keane served as CFO for a number of publicly-listed companies over the past 12 years, including Western Atlas Inc., Unova, Inc., and Computer Sciences Corporation, a US$16.5 billion global IT services company. His prior experience also includes positions with Litton Industries and Price
Waterhouse. Mr. Keane holds a BS in accounting from Illinois State University, an MBA from the Anderson Graduate School of Management at UCLA, and is a Certified Public Accountant.
About Clipper Windpower
Clipper Windpower, www.clipperwind.com, is a rapidly growing wind energy technology, turbine manufacturing, and wind project development company. With offices in California, Colorado, Maryland, Mexico and the U.K., and ISO9001:2000 QMS Certified manufacturing and assembly facilities located in Cedar Rapids, Iowa, the company designs advanced wind turbines, manufactures its 2.5-MW Liberty wind turbine and actively develops wind power generating projects in the Americas and Europe. In September 2005, Clipper completed a successful IPO on the London Stock Exchange’s Alternative Investment Market (AIM). Clipper’s ticker symbol is CWP.
The ordinary shares of Clipper Windpower are traded on the Alternative Investment Market of the London Stock Exchange and are not registered under the U.S. Securities Act of 1933, as amended. Such shares may not be offered or sold to residents of the United States or to persons acting on their behalf, or to other persons who are "United States Persons" within the meaning of Regulation S as promulgated under the Securities Act of 1933, unless such shares have been registered under the Securities Act or there is an available exemption from registration.
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For more information contact:
Mary McCann-Gates
Director, Global Communications
Clipper Windpower Inc.
6305 Carpinteria Avenue, Suite 300
Carpinteria, CA 93013
(main) 805.690.3275
(direct) 805.576.1323
(fax) 805.899.1115
(mobile) 661.301.0400
mgates@clipperwind.com
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