CLBN Caliber Energy Inc New (CE)

Navajo Wind Energy Corp. (the "Company" and formerly Caliber Energy Inc.) (PINKSHEETS: CLBN) announced today that it has completed its acquisition of First Wind Energy Systems, a company that specializes in community scale wind turbine systems. The acquisition of First Wind Energy Systems ("First Wind") brings smaller wind turbine expertise to Navajo Wind to enhance and expand its community wind power product and service offerings.

"The acquisition of First Wind Energy Systems is a perfect fit for Navajo Wind," stated Barry Doyle, CEO of Navajo. "First Wind extends our area of expertise and service coverage offerings into community scale wind projects by employing smaller wind turbines, an area virtually untouched by the wind development industry. First Wind's systems are designed to be installed in a wide spectrum of smaller site classifications such as residential, municipal utilities, bank branches, agricultural, general commercial, universities and other institutions."

"The acquisition of First Wind was always part of our plan to expand our business rapidly," continued Barry Doyle. "We think this sends a strong message that we want to be the leader in the community energy and small scale wind arena. The growth opportunities in this sector are enormous and there are very few entities with the capabilities that are brought to the market place by Navajo. Going forward, we will continue to consider opportunities to expand our business and will certainly be opportunistic when the right strategic fit presents itself. This acquisition demonstrates our wherewithal to get deals done to expand our business in the right way."

About Navajo Wind Energy

Navajo Wind Energy Corp. is a renewable energy company focused on the development of more than 500 megawatts of clean wind energy to drive its future revenues and growth. The Company is pursuing significant opportunities to provide clean wind power to the growing demand in China. With the key acquisition of wind farm and power trading company Guangzhou Jianianxiang Co. Ltd, Navajo will become one of only a few companies licensed to trade electrical power in and outside of China.

Navajo Wind Energy Corp. Peter Wong 800-598-2034, ext. 109 Investor Relations http://www.navajowindenergy.com