 CICERO, Ill., July 23, 2020 GLOBE NEWSWIRE -- Broadwind NASDAQ: BWEN, a diversified precision manufacturer of specialized components and solutions serving global markets, today announced that it will issue second quarter 2020 results before the market opens on August 5, 2020. A conference call will be held that same day at 11:00 A.M. ET to review the Companys financial results, discuss recent events and conduct a question-and-answer session. A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of Broadwinds website at To listen to a live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register, download, and install any necessary audio software.To participate in the live teleconference: Domestic Live:877-407-9716 International Live:201-493-6779 To listen to a replay of the teleconference, which will be available through August 12, 2020: Domestic Replay: 844-512-2921 International Replay: 412-317-6671 Conference ID: 13706212 FORWARD-LOOKING STATEMENTSThis release contains forward looking statementsthat is, statements related to future, not past, eventsas defined in Section 21E of the Securities Exchange Act of 1934, as amended, that reflect our current expectations regarding our future growth, results of operations, financial condition, cash flows, performance, business prospects and opportunities, as well as assumptions made by, and information currently available to, our management. Forward looking statements include any statement that does not directly relate to a current or historical fact. We have tried to identify forward looking statements by using words such as anticipate, believe, expect, intend, will, should, may, plan and similar expressions, but these words are not the exclusive means of identifying forward looking statements.Our forward-looking statements may include or relate to our beliefs, expectations, plans andor assumptions with respect to the following, many of which are, and will be, amplified by the COVID-19 pandemic: i the impact of global health concerns, including the impact of the current COVID-19 pandemic on the economies and financial markets and the demand for our products; ii state, local and federal regulatory frameworks affecting the industries in which we compete, including the wind energy industry, and the related extension, continuation or renewal of federal tax incentives and grants and state renewable portfolio standards as well as new or continuing tariffs on steel or other products imported into the United States; iii our customer relationships and our substantial dependency on a few significant customers and our efforts to diversify our customer base and sector focus and leverage relationships across business units; iv the economic and operational stability of our significant customers and suppliers, including their respective supply chains, and the ability to source alternative suppliers as necessary, in light of the COVID-19 pandemic; v our ability to continue to grow our business organically and through acquisitions, and the impairment thereto by the impact of the COVID-19 pandemic; vi the production, sales, collections, customer deposits and revenues generated by new customer orders and our ability to realize the resulting cash flows; vii information technology failures, network disruptions, cybersecurity attacks or breaches in data security, including with respect to any remote work arrangements implemented in response to the COVID-19 pandemic; viii the sufficiency of our liquidity and alternate sources of funding, if necessary; ix our ability to realize revenue from customer orders and backlog; x our ability to operate our business efficiently, comply with our debt obligations, manage capital expenditures and costs effectively, and generate cash flow; xi the economy, including its stability in light of the COVID-19 pandemic, and the potential impact it may have on our business, including our customers; xii the state of the wind energy market and other energy and industrial markets generally and the impact of competition and economic volatility in those markets; xiii the effects of market disruptions and regular market volatility, including fluctuations in the price of oil, gas and other commodities; xiv competition from new or existing industry participants including, in particular, increased competition from foreign tower manufacturers; xv the effects of the change of administrations in the U.S. federal government; xvi our ability to successfully integrate and operate acquired companies and to identify, negotiate and execute future acquisitions; xvii the potential loss of tax benefits if we experience an ownership change under Section 382 of the Internal Revenue Code of 1986, as amended; xviii our ability to utilize various relief options enabled by the Coronavirus Aid, Relief and Economic Security Act; xix the limited trading market for our securities and the volatility of market price for our securities; and xx the impact of future sales of our common stock or securities convertible into our common stock on our stock price. These statements are based on information currently available to us and are subject to various risks, uncertainties and other factors that could cause our actual growth, results of operations, financial condition, cash flows, performance, business prospects and opportunities to differ materially from those expressed in, or implied by, these statements. We are under no duty to update any of these statements. You should not consider any list of such factors to be an exhaustive statement of all of the risks, uncertainties or other factors that could cause our current beliefs, expectations, plans andor assumptions to change.ABOUT BROADWINDBroadwind NASDAQ: BWEN is a precision manufacturer of structures, equipment and components for clean tech and other specialized applications. With facilities throughout the U.S., our talented team is committed to helping customers maximize performance of their investmentsquicker, easier and smarter. Find out more at CONTACT: CORPORATE CONTACT Jason Bonfigt 