International
Power Group Opens Office In England
Jan 23, 2006 - Business Wire
International Power Group, Ltd. Peter Toscano, 973-875-6423
www.international-power.com
International Power Group, Ltd. (Pink Sheets: IPWG) today announced
the opening of their office at 1 Threadneedle Street, London EC2R8AW.
Peter Toscano, President/CEO of International Power Group, stated
"IPWG needs a presence in England to explore the many opportunities for
Waste to Energy plants in England."
About International Power Group, Ltd:
International Power Group (IPWG) is a waste to energy company
operating a proprietary technology that not only handles waste
management in a more environmentally friendly manner, but also converts
the energy generated from the process into meaningful amounts of cost
effective electricity. Substantial amounts of purified drinking water
can also be extracted from the process.
The Company will be contracting with governments to secure tipping
fees for the removal of toxic and hazardous wastes and will be
processing the materials in company owned and operated plants. The
Company will build these plants - estimated at $250 million each - in
areas that can benefit from the electricity and water production
by-products of the process.
The Company's revenue streams include the tipping fees, fees for
electricity, and fees for purified water. The Company will not be paying
to receive the waste and will have costs limited to plant construction
and operation only.
Safe Harbor Act Disclaimer: This press release contains forward-
looking statements within the meaning of Section 27A of the Securities
Act of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended (the "Exchange Act"), and as such, may involve risks
and uncertainties. Forward-looking statements, which are based on
certain assumptions and describe future plans, strategies, and
expectations, are generally identifiable by the use of words such as
"believe," "expect," "intend," "anticipate," "estimate," "project," or
similar expressions. These forward- looking statements relate to, among
other things, expectations of the business environment in which the
Company operates, projections of future performance, potential future
performance, perceived opportunities in the market, and statements
regarding the Company's mission and vision.
The Company's actual results, performance, and achievements may
differ materially from the results, performance, and achievements
expressed or implied in such forward-looking statements.
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