MILWAUKEE, March 27, 2023 (GLOBE NEWSWIRE) -- WM Argyle Fund, LLC (the "Fund"), which has nominated three highly qualified director candidates to the Broadwind, Inc. ( NASDAQ: BWEN ) ("Broadwind" or the "Company") Board of Directors (the "Board") in connection with the 2023 Annual Meeting of Stockholders, today issued the following statement: "The Fund views this appointment - which increases the board to seven members - as an attempt by Broadwind to blunt criticism of the Company, protect the current Board and block meaningful change. This appointment marks the second time the Company has named a new director since the Fund first contacted the Board in July 2022 to open a constructive dialogue about its governance and performance. The Board's actions show it is not ready do what is required to position the Company for long-term success to benefit stockholders, who have endured years of underperformance by the Company."