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Wind Stock:XZERES Corp to Present at Sidoti & Company’s Semi-Annual New York Micro-Cap Conference
 

WILSONVILLE, OR, Jan 04, 2011 (MARKETWIRE via COMTEX) — XZERES Corp. (OTCBB: XPWR), designer, developer and producer of distributed generation, wind power systems for the small wind (2.5kW-100kW) market, is pleased to announce that the Company’s Chairman, David N. Baker, will be presenting at Sidoti & Company’s Semi Annual New York Micro-Cap Conference. Baker is scheduled to present on behalf of XZERES at 1:30 p.m. on Monday, January 10, 2011 at the Grand Hyatt in New York City. For more information about the conference visit

“We are excited for the opportunity to discuss some of our newest business models, including our recently-announced Buy Direct program and innovative Micro-Generation Utility model, to this group of savvy micro-cap investors,” stated XZERES Chairman David Baker. “Events such as the Sidoti & Company’s Semi Annual New York Micro-Cap Conference enable us to provide details on our progress so that attendees can gain a broader perspective regarding XZERES Corp’s growth potential and the company’s successes.”

A podcast of the presentation will be available for download after the event. David Baker invites interested parties to present any questions prior to the podcast by emailing their questions to questions@xzeres.com. To download the podcast after the event please visitwww.XZERES.com for instructions.

For more information about XZERES Corp and its products please visit www.xzeres.com.

About Sidoti & Company:

Sidoti & Company, LLC founded in 1999, continues to set the Wall Street standard for small-cap equity research. Our analysts mine dozens of industries to provide unbiased, institutional-quality research on more than 500 largely undiscovered, profitable companies at a market capitalization below $3 billion. The firm, also, is quickly becoming the leading provider of research in the micro-cap arena. Sidoti & Company, LLC, now covers more than 50 names in that sector. The number is growing steadily. Sidoti research is exclusive to institutional investors. Our deep, experienced sales force and trading desk serve hundreds of clients in the U.S., Canada and the U.K. Our analysts commit to unbiased research, focusing on the investment merits of our universe equities. Corporate access is an important benefit. Our annual Investor Forums and corporate access are unrivaled, as we arrange at least 1,000 management marketing meetings per year. We take pride in meeting FINRA and SEC requirements. Building upon our lead as the small-cap research leader, Sidoti & Company boasts new micro-cap ($200 million market cap or less) coverage, focusing on companies that we find inexplicably ignored by investors and that offer favorable P/E, cash flow and low debt. Our foray into micro-caps, and our goal of more than 100 names by spring 2011, is yet another chapter of Sidoti’s long and successful evolution of providing value to our clients.

About XZERES Corp.:

XZERES Corp designs, develops, manufactures and markets distributed generation, wind power systems for the small wind (2.5kW-100kW) market. Our grid connected and off grid wind turbine systems, which consist of our 2.5kW and 10kW devices and related equipment, are utilized for electrical power generation for applications and markets such as residential, micro-grid based rural electrification, agricultural, small business, rural electric utility systems, as well as other private, corporate infrastructure and government applications. Our wind power systems are focused on distributed energy, where a specific machine’s energy output is largely or entirely used on-site where the equipment is installed, as well as grid connected applications. While many of our customers take advantage of their local net-metering rules within the United States and Feed In Tariffs that are often available in Europe and Internationally (to sell power back to the grid), our wind power systems are not dependent on transmission needs to carry the energy produced to another location. For more information please see the Company’s web site at www.xzeres.com

Forward Looking Statements and Safe Harbor Statement:

The information provided herein may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. XZERES Corp claims the protection of the safe-harbor for forward-looking statements contained in the Reform Act. These “Forward-looking statements” are largely based on our current expectations and projections about future events and financial trends affecting the financial condition of our business. Such forward-looking statements include, in particular, projections about our future results included in our Exchange Act reports, statements about our plans, strategies, business prospects, changes and trends in our business and the markets in which we operate. These forward-looking statements may be identified by the use of terms and phrases such as “anticipates”, “believes”, “can”, “could”, “estimates”, “expects”, “forecasts”, “intends”, “may”, “plans”, “projects”, “targets”, “will”, and similar expressions or variations of these terms and similar phrases. Additionally, statements concerning future matters such as new business models, new products, product enhancements, new technologies, sales levels, expense levels and other statements regarding matters that are not historical are forward-looking statements. Management cautions that these forward-looking statements relate to future events or our future financial performance and are subject to business, economic, regulatory and other risks and uncertainties, both known and unknown, that may cause actual results, levels of activity, performance or achievements of our business or our industry to be materially different from those expressed or implied by any forward-looking statements.

These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected, including without limitation, the following: (a)new business models may be more difficult and/or take longer than anticipated, may be more costly than anticipated and may have unanticipated adverse effects relating to the Company’s business; (b) the challenge of compensating and retaining key employees; (c) the impact on the Company and our customers from the current domestic and international economic, geo-political and financial market conditions; (d) the success of our new products and new business models in achieving their expected benefits; (e) to perform as expected without material defects; (f) to be qualified and accepted by our customers, (g) to successfully compete with products, systems, technologies and services offered by our competitors; (h) we may not be successful in undertaking the steps currently planned in order to further develop the business; and (i) other risks and uncertainties described in our filings with the Securities and Exchange Commission.

Neither XZERES Corp. management nor any other person assumes responsibility for the accuracy and completeness of the forward-looking statements. All forward-looking statements in this press release are made as of the date hereof, based on information available to us as of the date hereof, and subsequent facts or circumstances may contradict, obviate, undermine, or otherwise fail to support or substantiate such statements. We caution you not to rely on these statements without also considering the risks and uncertainties associated with these statements and our business that are addressed in our filings with the Securities and Exchange Commission that are available on the SEC’s web site located at www.sec.gov. Certain information included in this press release may supersede or supplement forward-looking statements in our other Exchange Act reports filed with the SEC. We assume no obligation to update any forward-looking statement to conform such statements to actual results or to changes in our expectations, except as required by applicable law or regulation.

 

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