W2
Energy, Inc.
Acquires
Hydrokinetic
Laboratory, LLC
GUELPH, ON --
(MARKET WIRE) --
11/30/10
)
W2 Energy, Inc., a
clean energy company
(PINKSHEETS: WTWO),
announced today that
it has purchased
100% of Hydrokinetic
Laboratory, LLC (www.hklabllc.com),
developer of the
HyPEG underwater
power system.
W2 Energy,
Inc. introduces
its new subsidiary,
W2 Hydrokinetics
(W2H),
continuing its clean
energy diversity
expansion.
The HyPEG (hydro
kinetically powered
electrical
generator) has the
ability to harness
water power from any
moving body of water
including rivers,
streams, the ocean
and even the Gulf
Stream. It is ideal
for small towns and
villages, industrial
complexes that
require supplemental
power sources to
support existing
power grids or in
areas that are not
connected to a power
grid or the cost to
hook up to the power
grid is prohibited.
The marketing team
of W2 Energy is very
excited about the
prospects and will
immediately begin
making the
information
available to the
market place
worldwide.
W2 Energy
will mate the HyPEG
water power system
with its SEGS system
(Small Electrical
Generating System),
which will combine
the water power from
the HyPEG system,
increasing the power
output potential of
its Co-generation
offerings.
"Hydrokinetic
Labs have developed
the perfect system
to link to SEGS
systems," says Mike
McLaren, President
and CEO of W2
Energy. "We have
already begun to
design a complete
water power
generation system
based on the HyPEG
and SEGS
technologies and
patents."
The acquisition
of Hydrokinetic
Laboratory, LLC
includes the rights
to two patents
pending for its
HyPEG power system,
which is
environmentally
friendly, operates
out of site and
under water in
shallow bodies of
water if necessary
and does not disturb
the habitat of
marine life or birds
and associated
waterfowl. These
differences alone
give the HyPEG
system several
advantages over a
conventional
hydropower system.
W2 Energy trades
in the United States
on the OTC market
under the symbol "WTWO."
For further
information, please
contact Mike McLaren
at
(519) 341 3185 or go
to
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 reports
and filings with
regulatory bodies.
Contact:
W2 Energy, Inc.
519-341-3185
info@w2energy.com
W2
Energy, Inc. Expands
Operations
GUELPH, ON --
(MARKET WIRE) --
11/24/10)
W2 Energy,
Inc., a clean energy
company (www.w2energy.com)
(PINKSHEETS: WTWO),
is pleased to
announce the
expansion of its
operation from their
5,000 square foot
Airpark Drive
facility to the
10,000 square foot
facility located at
335 Woodlawn Road
Guelph, Ontario,
Canada.
W2 Energy as also
secured an option
that allows for the
expansion of the
Woodlawn Road
facility up to
52,000 square feet.
The move to the
larger facility
marked the next
chapter in W2
Energy, Inc.'s
expansion as it
steps up production
and pre-production
on the NT Plasmatron
system, the Solar
Bug solar electric
vehicle, the SEGS
hydraulic power
system, the
SunFilter Algae
Reactor carbon
sequestration
system, and the
SteamRay steam and
syngas-powered
rotary engine.
"Our rate of
growth requires us
not just to expand,
but prepare for the
continued increase
as we ramp up
current production,"
says Mike McLaren,
President and CEO of
W2 Energy. "The
option of having the
ability to expand as
much as 5X the size
of our old facility
gives us the much
needed room to
design, build and
grow but it also
allows us the
flexibility to match
our growth with
output and demand."
W2 Energy, Inc.
trades in the United
States on the OTC
market under the
symbol "WTWO." For
further information,
please contact Mike
McLaren at
(519) 341 3185 or go
to
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 reports
and filings with
regulatory bodies
Contact:
W2 Energy, Inc.
519-341-3185
info@w2energy.com