NEWS OUT!W2 Energy Begins the Process to Become Vertically Integrated
Press Release
Source: W2 Energy Inc.
On Monday August 31, 2009, 1:15 pm EDT
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TORONTO--(Marketwire - 08/31/09) - W2 Energy Inc. (Pinksheets:WTWO - News), a developer of green energy, is pleased to announce that it has begun to take delivery of materials to begin construction of the Algae plant previously announced on August 13, 2009. The construction of the Algae plant is the first step in W2 Energy becoming vertically integrated. The Algae plant is expected to be completed and in full production by the end of 2009. W2 Energy currently markets its waste to energy plants to third parties, and now the company will use its own technology and equipment to produce diesel for resale. The Company is very confident that it can produce the algae-diesel at 1/3 of the cost of those companies making bio-diesel by using its technology and catalytic methods, rather than methanol, catalyst and heat.
W2 Energy has been developing a line of reasonably priced, easy to install and user friendly consumer products, and now will use its own equipment and technology to manufacture and sell fuel at a cost substantially below its competitors, but with an excellent profit margin generating day to day revenues.
Pictures and video will be posted step by step on the company's website www.w2energy.com under our new project heading as they become available.
Remember with a W2 ENERGY PLANT, garbage becomes a renewable resource.
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. W2 Energy Inc.
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