the

NEWTONIAN Energy is blowing in the wind!

Assembly Update The third quarter included additional

enhancements to our shop further readying it for final assembly of the

preproduction unit and installation of parts and components.

KWT is appreciative of the efforts of our local suppliers including, but not

limited to: Rapistak, Ancor, Niabraze, L&S Metals, Alliance Innovative, Rand Corporation, K.D.M., K&K Machine, and SMG. We are working diligently

with many others, as well, to find suppliers who are able to meet KWT’s

design specifications enabling us to finalize the preproduction assembly.

Of significance the past few months is the delivery of the following

components to KWT’s shop: The alternator; the main beam and axle; the slip ring assembly; the first shipment of bearings; the tail fin; and the turbine,

hub and cowling all as one part.

These deliveries, in addition to receipt of other parts, have allowed KWT to

progress with assembly at a steady pace.

KWT is in final negotiations with the supplier of the special, direct-drive ratio

system after hosting an extensive meeting last month with individuals

from New England and Chicago. An order will be placed soon.

O C T O B E R 2 0 1 4

Financial Update The Certificate of Incorporation has been amended in accordance with the Shareholders’ unanimous approval at the Shareholder meeting held last year on August 28, 2013. The New York Department of State Division of Corporations approved and filed the amended Certificate of Incorporation June 9, 2014. Form D was filed and accepted by the S.E.C. August 4, 2014. As stated previously, this new placement is, primarily, for future employees. The Corporate Financials were prepared by Brock, Schecter, Polakoff, LLP and submitted to NYS and the IRS. Additionally, the accounting firm completed the FY 2013 Corporate Financial Statement.

Patent Update New Zealand and Russia were granted, completing three

formal issuances, to date. The Patent Attorney indicated he received word that the European Union has also been granted,

though the official notification has not yet been provided.

Kean Wind Turbines, Inc. (KWT) 5500 Main Street, Suite 102

Williamsville, NY 14221 716-626-0200

THE NEWTONIAN OCTOBER 2014

2

Good Times of Olean: Host of ASME Olean Presentation Lawrence Skroback and Kean Stimm

(Not all-inclusive)

Small Wind Conference DWEA Small Wind SMART

Chautauqua County Town of Friendship

Wellsville Chamber/Council Energy Group NYSSPE Fall Meeting ASME Olean Section

Niagara USA Chamber & IDA DWEA Conference

Hamburg Rotary NYS Engineering Technology Association Conference

Renewable Energy Participation/Presentations

Above: One-piece Aluminum Turbine including Blades, Hub and Cowling Bottom Left: Aluminum Tail Fin

Bottom Right: Elevated Aluminum Turbine with Aluminum Nose Cone