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Far East Wind Power Appoints Investment Professional Cary Zhou to Advisory Board


Published on 2010-05-11 06:10:38 - Market Wire
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PHOENIX, AZ--(Marketwire - May 11, 2010) - Far East Wind Power Corp. (OTCBB: [ FEWP ]) ("Far East" or the "Company") is pleased to announce the appointment of Mr. Cary Zhou to the Company's advisory board.

Mr. Zhou is a senior partner with NewMargin Ventures ("NewMargin"), one of the first independent and professionally managed private equity fund management companies in China to undertake the management of both domestic and offshore funds. NewMargin currently has about $520 million under management and to-date has invested more than US$200 million in 65 companies. Of these, over 16 have gone public in domestic or international stock exchanges. NewMargin has been recognized as a "Top 10" venture capital firm in China by the China Venture Capital Forum almost every year since 2000.

Over the years, Mr. Zhou has worked throughout China beginning with AT&T Bell Labs, followed by a move to Lucent Technology (China) resulting in his role as a VP, Sales & Marketing prior to his joining NewMargin in 2007.

The Board and Management of Far East welcome Cary to the advisory board where his lengthy industry background, extensive government relationships and demonstrated business expertise will prove to be an extraordinary asset for the Company.

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.
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Marcus Laun, Director