TORONTO -- (MARKET WIRE) -- 05/11/09 --
W2 Energy (PINKSHEETS: WTWO), a sustainable energy
company, is pleased to announce that W2 Solar, its solar power subsidiary,
has purchased the Therm2Volt System which converts heat into electricity
using solid state circuitry.
W2 Solar will use the Therm2Volt System to convert solar heat into
electricity on many of its solar heat and electricity systems, which will
increase profitability for W2 Solar clients and joint venture partners.
W2 Energy will also use the Therm2Volt System to turn heat into electricity
in their mass-to-energy plants, which will increase its thermal efficiency.
W2 Solar has also has purchased the rights to develop Thinking Home
Software for Windows.
Over 1200 copies of Thinking Home have been sold over the last nine years.
Thinking Home currently controls every aspect of a home's energy system via
computer and/or voice activation. W2 Solar will convert Thinking Home
Software into a Windows-based software system which will be able to control
commercial buildings up to 100,000 square feet and more.
W2 Solar will sell the Mac-based home version of Thinking Home on
w2solar.com.
W2 Energy has issued to Bruce Lawton 250,000 shares of its common stock for
the rights to Thinking Home, and 1,000,000 shares of its common stock for
the rights to the Therm2Volt system.
Mr. Lawton has joined W2 Solar as its Chief Technologist. He will be
helping to market, design and service all of its solar energy
installations.
Mr. Lawton brings to W2 Solar a background as an electrical engineer,
software engineer and solar energy system designer and installer.
About W2 Solar
W2 Solar USA develops, builds, sells and deploys solar energy technologies
worldwide. W2 Solar uses SunCatcher brand solar collectors, heat exchangers
and steam generators, and Steam Ray brand rotary steam engines, to generate
steam, process heat and electricity from solar energy.
About W2 Energy
W2 Energy trades in the United States on the OTC under the symbol "WTWO."
For further information, please contact Mike McLaren at (519) 341 3185 or
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 Company
reports and filings with regulatory bodies.
W2 Energy Inc.info@w2energy.comwww.w2energy.com
Phone 519-341-3185
W2 Solar
Info@w2solar.comwww.w2solar.com