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W2 Energy Inc.: W2 Energy Initiates Marketing of Its Waste to Energy Plant in Europe

^{Published on 2009-06-03 09:47:28, Last Modified on 2009-06-03 09:48:09 - Market Wire}
 

TORONTO--(Marketwire - June 3, 2009) - W2 Energy, Inc. (PINKSHEETS: [ WTWO ]), a sustainable energy company, is pleased to announce that it has received interest in its plants and technology from Europe. On June 1, 2009, W2 Energy signed a Letter of Intent appointing a distributor to market the W2 Waste to Energy plant in Hungary. The distributor has 6 months to confirm the sale of a W2 Energy plant in order to maintain their distributorship.

The company has received other inquires from Europe as information on the capabilities of its plant becomes known in the industry and to those people concerned with the environmental aspects of waste disposal in Europe. The Company continues to get significant inquires from numerous countries in South America, Central America and the Caribbean and is preparing additional Memorandums of Understanding (MOU) that set the terms for the purchase of the W2 plants. The Company feels that this Letter of Intent from Europe is the first of many, as more and more countries with waste disposal problems in Europe realize how advanced the W2 Waste to Energy plant is and that we can solve many problems related to disposal of old tires, car batteries, and old computers as well as municipal waste. The W2 Waste to Energy plant is a closed system with no emissions. It does not release toxic fumes into the atmosphere. It is a net user of CO2.

About W2 Energy

W2 Energy trades in the United States on the OTC under the symbol "WTWO." For further information, please contact Mike McLaren at (519) 341 3185 or [ www.w2energy.com ].

NOTE: Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors that may cause results to differ materially. Such risks, uncertainties and other factors include but are not limited to new economic conditions, risk in product development, market acceptance of new products and continuing product demand, level of competition and other factors described in Company reports and filings with regulatory bodies.