November 17, 2005 15:20 ET

McKenzie Bay Completes Cornell Capital Partners, LP Financing

FARMINGTON HILLS, MI -- (MARKET WIRE) -- November 17, 2005 -- McKenzie Bay International, Ltd., (OTC BB: MKBY) on November 14, 2005 completed its second and final closing of the purchase by Cornell Capital Partners, LP of an aggregate of $5,000,000 in Secured Convertible Debentures. Further details and information relating to these transactions are included in McKenzie Bay International, Ltd's Current Reports on its Form 8-K dated October 11, 2005 and October 21, 2005 as filed with the SEC. Approximately $2,000,000 of the proceeds were used to pay past indebtedness to Cornell Capital Partners, LP and the balance of the net proceeds will be applied to development of the WindStor® distributed generation wind energy system, installation of WindStor® systems, working capital and other corporate purposes.

For further information about this release, contact McKenzie Bay International Ltd. & WindStor Power Co., 248-489-1961, info@mckenziebay.com and/or Rich Kaiser, Investor Relations 800-631-8127 .

This information statement contains statements that are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as 'estimates,' 'anticipates,' 'plans,' 'believes,' 'projects,' 'expects,' 'intends,' 'predicts,' 'future,' 'may,' 'potential,' 'contemplates,' 'will,' 'should,' 'could,' 'would' or the negative of such terms or other comparable terminology. These statements relate to the Company's future operations and financial performance or other future events. These statements are only predictions and not guarantees of future success. Many of the forward-looking statements are based on assumptions about future events that may prove inaccurate. Actual events, results, performance or achievements may differ materially from the events, results, performance or achievements discussed in the forward-looking statements. McKenzie Bay undertakes no obligation to revise, update or clarify forward-looking statements to reflect events or conditions after the date of this information statement.