SOURCE: W2 Energy, Inc.

W2 Energy, Inc.

August 24, 2010 09:15 ET

W2 Energy and the Arizona Research Institute for Solar Energy Collaborate on the Development and Testing of Cutting Edge Renewable Energy Products

TORONTO--(Marketwire - August 24, 2010) -  W2 Energy, Inc. (PINKSHEETS: WTWO) is pleased to announce that it has become a research affiliate of the Arizona Research Institute for Solar Energy (AzRISE).

AzRISE (www.azrise.org) is a global institute at the University of Arizona in Tucson whose mission is to transform science into large and small-scale solar energy solutions that are demonstrable and can transform individual lives.

W2 Energy will be shipping one of the Solar Bug solar-electric vehicles to AzRISE. AzRISE will test the Solar Bug and provide 3rd party certification of its operation and efficiency.

In addition to testing the Solar Bug, AzRISE, in collaboration with musicians and composers at the University of Arizona, will be performing musical pieces that promote solar energy. Several of the musicians will drive the Solar Bug to schools and community centers and will perform their music using power from the Solar Bug's on-board batteries. The musicians will plug in their instruments, amplifiers and microphones into the Solar Bug's 110 volt outlet.

"What a great real world example of the beauty and efficacy of solar power," says Joe Simmons, the Director of AzRISE. "We will play our songs about solar energy using solar energy."

W2 Energy, in collaboration with AzRISE, will be developing new solar energy technologies using concentrating solar power to generate steam and then using that solar-generated steam to drive W2 Energy's SteamRay Steam Engine.

"We are thrilled to be partnering with AzRISE on a variety of renewable energy projects," says Michael McLaren, CEO of W2 Energy. "They have an abundance of sun there in Tucson and we are going to convert it into energy in lots of interesting ways."

About AzRISE
AzRISE, a global institute at the University of Arizona, creates multi-disciplinary partnerships that integrate research, economics, public policy and education. Spanning academia, industry and government, these partnerships are creating the solar energy innovations essential to securing a sustainable future. The Institute was created in 2007 to provide the leadership for selecting strategic directions for research, development and analysis, for enabling the formation of strategic teams and for guiding activities that will accelerate the adoption and deployment of solar energy in the state, nation and world.

About W2 Energy, Inc
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 reports and filings with regulatory bodies.

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