SOURCE: W2 Energy Inc.

July 08, 2008 09:56 ET

W2 Energy Builds Plants Which Turn Garbage Into Energy

NEW YORK, NY--(Marketwire - July 8, 2008) - When Mike McLaren, CEO of W2 Energy (PINKSHEETS: WTWO) sees landfills, he doesn't see garbage... he sees opportunity.

"Landfills, sewage sludge, it may not be pretty to look at or to smell, but there is money in them thar hills," says McLaren. "That garbage is full of hydrogen atoms, carbon atoms. We can turn them into fuel. At the same time, we can make all that garbage disappear."

W2 Energy makes waste-to-energy plants which can turn nearly any carbon and hydrogen-based feedstock into electricity, liquid fuels like synthetic diesel or jet fuels, and process heat.

"People have no idea how much energy is contained in what they throw away, or, as gross as it is, in what they flush down the toilet," says McLaren. "Our plants can turn one ton of municipal solid waste or sewage sludge into approximately 2 1/2 barrels of synthetic diesel and 3600 kilowatt hours of electricity. We think that's pretty impressive."

W2 Energy has just formed a joint venture with a Chilean waste-to-energy firm called Cobal Chile to build two 40-ton per day municipal solid waste to energy plants in Central America. Each plant will turn those 40 tons of waste into approximately 100 barrels of synthetic diesel per day. The two plants together will run a 10 megawatt steam turbine which will produce enough power to run 3000 homes.

"I didn't start out a true believer in green technologies. I built and sold two robotics companies. But as I built W2 and saw the opportunities in the waste-to-energy industry, I got more and more excited. Our partnership with Cobal Chile is going to demonstrate to the world how far this technology has come. We will be eliminating the waste problem and also solving our energy problems as the same time," says McLaren.

W2 Energy will also be using their waste-to-energy technology to make cheaper biodiesel. They have just started a division to make biodiesel with a new technology called Magnetic Cavitation. They will modify waste-to-energy plants to make their own methanol for use in their biodiesel plants, rather than buying the large quantities of methanol necessary to make biodiesel.

"Waste not, want not. It's an old adage, but it's the basis of W2 Energy," says McLaren. "We won't use food products as feedstocks for energy production. And we will only do things that are good for the planet."

W2 Energy is currently negotiating with joint venture partners worldwide to build waste-to-energy and biodiesel plants.

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.

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