WWEN NEWS
W2 Energy Inc. Receives Letters of Request for Production Quantities
NEW YORK, May 8, 2006 (PRIMEZONE) -- W2 Energy Inc. (Pink Sheets:WWEN), a developer of green energy, is pleased to announce it has received letters of request for diesel samples from several large European re-sellers of diesel fuel. The letters request a total production of 3,360,000 metric tons or 25,200,000 barrels of diesel per year, representing a total dollar value of US$1,512,000,000. In order to fill these orders the company will construct a minimum of seven 10,000 bpd plants throughout the Continental U.S. and Canada. Mr. Michael McLaren states, "We have begun the process of marketing our product and have had outstanding results." He also states, "The Company has been working on the long term financing of these projects and is cooperating with some large project finance firms to bring these plants to fruition."
About W2 Energy Inc.
W2 Energy Inc. is a growing, publicly traded company that develops renewable energy technologies and applies it to new generation power systems. Specifically, W2 Energy Inc.'s biomass to energy plants utilize state of the art technologies to produce green energy, both fuel (sulfur free diesel) and electricity at the most efficient cost in capital investment and production per/barrel, per/Megawatt.
The W2 Energy GAT reactor breaks down biomass or coal using the chemical energy stored in the biomass itself; the plasma acts as a high temperature catalyst. Unlike typical plasma reactors that utilize convection of the intense heat produced by the plasma, our GAT reactor can amazingly produce enough Syngas (H2, CO) to feed a 10,000 barrel per day synthetic diesel plant and 100 Megawatt steam turbine with a mere 4 MW input. Since our unique process works in this manner, most if not at all the CO2 produced by the process is converted into Carbon suboxides in the form of humic acid and is mixed within the ash to produce high grade organic fertilizer. Therefore the process is completely C02 neutral, even using coal or peat as base fuel.
Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, statements are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in the future periods to differ materially from forecasted projections. These risks and uncertainties include, among other things, energy market volatility, product demand, market competition, and risk inherent to the company's research and development operations.
CONTACT: W2 Energy Inc.
(416) 246-1100
www.w2energy.com
Source: PrimeZone (May 8, 2006 - 6:00 AM EDT)
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