SOURCE: W2 Energy Inc.

July 16, 2007 08:16 ET

W2 Energy Inc. Corporate Status Report

NEW YORK, NY--(Marketwire - July 16, 2007) - W2 Energy Inc. (PINKSHEETS: WWEN), a developer of green energy, is pleased to announce a corporate status update.

Mr. Michael McLaren reports:

Form 10 SB Statement

On July 9, 2007 the company received comments from the SEC regarding its 10SB submission made on June 1, 2007. The company will provide a copy of the response letter available on the Edgar website once the comments are addressed.

Bio-Butanol Development

On June 26, 2007 the company disclosed the development of a bio-butanol product. The company is continuing on the development of a bio-butanol product and is presently in negations with two other parties who will assist in the development of this product.


Letter of Intent.

May 31, 2007 the company announced a letter of intent with Zero Waste Energy Systems. The two parties are negotiating a definitive agreement regarding the development of the 6000 series compactor.

Technology

On May 22, 2007 the company disclosed the development of a low speed generator capable of 60 Hz operation at low speed. The company is moving forward with this development and is presently evaluating the concept for patent submission.

Joint Ventures, Partnerships and Acquisitions.

W2 Energy is actively pursuing joint venture partnerships and acquisitions. The company is in the process of negations with several potential partners for joint venture relationships. W2 Energy is also in negotiations with a few potential acquisition candidates and is presently evaluating the corporate synergy and technologies of these candidates. The company is aggressively pursuing acquisition candidates with technologies in the field of alternative energy production.

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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