NEW YORK, March 22, 2005 (PRIMEZONE) -- W2 Energy Inc. (Pink Sheets:WWEN), a developer of Green Energy technologies, is pleased to announce that -- in conjunction with the University of Toronto -- they have begun to develop their Rotary Hydrogen Engine.
The engine is a compact high output engine based on previous patents owned by W2 Energy Inc. The engine will run on various fuels such as hydrocarbons, compressed natural gas and hydrogen. W2 will utilize the engine technology to produce further amounts of electricity from the abundance of hydrogen produced at its Hydrogen Plasma Black Reactor plant that converts bio-mass to GTL (Gas to Liquid) and electricity without any discharged atmospheric gases, scheduled to break ground in Ontario in early summer.
W2 Energy Inc. is focused on expanding the commercial reach of its Alternative Power Producing technologies such as its large-scale combination electrical /GTL (Gas to Liquids) fuel plants.
About W2 Energy Inc.
W2 Energy Inc. is a growing, publicly traded company on the OTCBB (Symbol WWEN) that develops renewable energy technologies and applies it to new generation electrical power systems. Specifically, W2 Energy Inc. produces Green Power utilizing its core-patented technologies to produce green power generating and clean transportation fuel plants utilizing biomass and GTL technologies. W2 Energy Inc. has seasoned management and cutting edge technology. W2 Energy Inc. owns a large technology portfolio of patents and know-how that has been extensively validated and ready for commercial 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.