Friday, April 8, 2011

Juhl Wind (OTC:JUHL) Highlights Recent Conference Call

Juhl Wind (OTC:JUHL) Highlights Recent Conference CallOxford, MS 4/8/2011 (Penny PayDay) -- Juhl Wind, Inc. (OTCBB:JUHL) announced, in a press release, that it held its 2010 Earnings Call and 2011 Outlook on Monday, April 4th and on Tuesday the Company is provided a summary of the highlights from the call. The call was hosted by Juhl's President, John Mitola and its Chief Financial Officer, John Brand. As I write, shares of Juhl Wind were flat at $1.30 per share on volume of more than 17,000 shares compared to its average daily volume of nearly 9,000 shares. The company has a market cap of $28 million and a 52-week range between $0.70 and $2.15 per share.

"Its very significant for our investors to note that we believe our company has completed more work on wind farms over the past year and a half than any other independent, publicly traded wind development company in the United States," stated John Mitola. "When you consider the fact that we have built or are in the process of completing six wind farms over this past year or so, totaling approximately $150 million in value, we think that level of activity is unmatched in the market."

"In the management discussion and analysis section of our 10K, we highlighted our subsequent events and reported that we received cash deposits in March of approximately $2.5 million," added John Brand. "These deposits exclude the receipt of $1 million we received in March from an advance of the sale of our development rights to a 40MW project, and we expect to receive an additional $1.8 million in April 2011 as a last installment on the Adams and Danielson projects. A substantial portion of our development fee revenues are going to be recognized in first and second quarters of 2011 since our revenue recognition accounting policy on this fee revenue essentially has us recording these fees upon the financial closing of a project. Thus, we expect approximately $5 million of development fee revenue will be recorded in the first and second quarters."

To date, the Company has completed 18 wind farm projects and provides operations management and oversight across the portfolio. Juhl Wind services every aspect of wind farm development from full development and ownership, general consultation, construction and system operations and maintenance. With its acquisition of Next Generation Power Systems, Juhl Wind now provides full sales and service to smaller, on-site wind and solar projects in addition to our larger Community Wind Farms. Juhl Wind is based in Woodstock, Minnesota.

Additional information is available at the Company's website at www.juhlwind.com.

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