Atlantic Wind & Solar Inc. Acquires a Major Shareholding in Hybridyne Power Systems Canada Inc.

MIAMI, FL--(Marketwire - June 2, 2009) - Atlantic Wind & Solar Inc. (PINKSHEETS: AWSL) is pleased to announce that it has acquired a major (47.5%) interest in Hybridyne Power Systems Canada Inc. (HPS) for $2,000,000, payable in restricted common shares of Atlantic Wind & Solar Inc. This acquisition is in keeping with AWSL management's strategy of building a leading technical position at the forefront of the dynamic Renewable Energy industry, and allows AWSL to, among other things, fully exploit revolutionary Conversion/Inversion Technology that represents a quantum leap forward in efficiency when converting wind & solar power into electricity.