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W2 Energy's Laurel, MD Project Continues to Move Forward

^{Published on 2009-11-24 05:09:22 - Market Wire}
 

TORONTO--(Marketwire - November 24, 2009) - W2 Energy Inc., a clean energy company ([ www.w2energy.com ]) (PINKSHEETS: [ WTWO ]), is pleased to announce that the Laurel, MD project is moving ahead at a rapid pace. Starting last week, the company began operational meetings with all participants in the project, including the appropriate regulatory authorities, to review protocols and procedures related to the operation of the plant. These initial meetings are also to discuss land use, solid waste and air quality requirements. As the project moves ahead, discussions will also take place regarding carbon credits and the certification of the project for carbon credits. The Laurel, MD project was previously mentioned in press releases and in the video prepared by Forbes.com on their program "Breakout."

As the W2 Energy 4Ton Plant proves itself, the Company will work with the City of Laurel to designate a second site for a full size waste to energy plant. Based upon estimates done for W2 Energy by their engineering partner, one metric ton of municipal solid waste will be able to generate 101.25 gallons of gasoline, diesel fuel, JP8 jet fuel and electricity from steam generated by heat recovery. W2 Energy expects to generate a significant cash flow from the project by marketing the by-products while helping the City of Laurel with their waste disposal.

The Forbes.com feature on W2 Energy can be seen on our website [ www.w2energy.com ]. It should also be mentioned that Toxco has produced a video about the current joint venture with W2 Energy regarding the disposal of old batteries and this has also been added to the website.

W2Energy is a net user of CO2. It generates carbon free power. Garbage is a renewable resource.

W2Energy trades in the United States on the OTC market under the symbol "WTWO."

For further information, please contact Mike McLaren at (519) 341 3185 or go to [ 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