SOURCE: World Health Energy Holdings, Inc.

April 27, 2011 09:30 ET

World Health Energy Holdings, Inc. Announces Launch of Turnkey Algae Biodiesel Project With Forecasted $100 Million Annual Revenue

Memorandum of Understanding (MOU) Signed for 250 Acre Algae Farm Development Project for Biodiesel Production

NEW YORK, NY--(Marketwire - Apr 27, 2011) - World Health Energy Holdings, Inc. (PINKSHEETS: WHEN), a public holding company operating in the alternative energy sector, announced today that the company's wholly-owned subsidiary, GNE-India, has completed a land survey for the Algae Biodiesel project referenced in the Memorandum of Understanding (MOU) with Prakash Anthony for a joint venture to install a 250 acre commercial algae biodiesel farm. WHEN's partner, Prakash Anthony, has budgeted up to $100 Million for the completion of the initial project. The company currently has two additional letters of intent (LOI) for the development of two other 250 acre algae farms. World Healthy Energy expects to see annualized revenue of up to $100 Million from the completed algae farms.

The first stage of the development involves a 2.5 acre algae biodiesel farm designed for the production of commercial fish feed for fish farms and algal oil for biodiesel. Located in the Ramanagara District of Karnataka, India will utilize the proprietary GB3000 technology for the rapid and efficient production of growing algae.

As previously announced, World Health Energy Holdings, Inc. recently acquired GNE-India, an algae technology company with the distribution and licensing rights to the GB3000 system. GNE-India owns and retains the distribution and sales rights for the proprietary technology in both India and Sri Lanka.

World Health Energy Holdings, Inc. has launched a business plan focused on biofuels produced from algae which produces substantially higher yields in comparison to ethanol derived from corn, rapeseed, jatropha and palm oil. The company also works with visionary enterprises in the multi-billion dollar renewable energy sector producing progressive, broad-based solutions for better physical, nutritional and environmental health worldwide.

Shareholders and interested investors who would like to be added to WHEN's corporate e-mail list are encouraged to send an e-mail to for all future corporate press releases and industry updates.

About Prakash Anthony

A graduate in Chemical engineering from Anna University and with a Masters in Business Administration qualification from International Management Institute, New Delhi, Prakash has worked with large and renowned companies such as Mazzoni India, Siemens, and Satyam before co-founding Korcomptenz. In his past career, Prakash was responsible for the growth and leadership of the manufacturing practice of one of the Top Indian Big 5 Organizations.

About World Health Energy Holdings, Inc.

World Health Energy Holdings, Inc. is an emerging renewable energy and biofuel company. The company will produce, sub-license and market high-quality, low cost B100 Biodiesel to replace traditional fossil fuels with proprietary algae biofuel systems.

About GNE-India, Inc.

GNE Global Natural Energy Ltd. is an algae tech company with unique systems to grow algae commercially for energy and food. The Company was founded by top experts in the plant and algae field after several years of Research and Development to create affordable and viable algae biofuel systems.

"Safe Harbor Statement" Under The Private Securities Litigation Reform Act Of 1995
This press release contains forward-looking statements that involve risks and uncertainties. The statements in this release are forward-looking statements that are made pursuant to safe harbor provision of the Private Securities Litigation Reform Act of 1995. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause World Health Energy Holdings, Inc.'s actual results in future periods to differ materially from results expressed or implied by forward-looking statements. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making investment decisions.

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