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W2 Energy Files US Patent for SteamRay Steam Engine
Thursday, March 25, 2010
Toronto -- W2 Energy, Inc., a clean energy company (www.w2energy.com) (PINKSHEETS: WTWO), is pleased to announce that it has filed a U.S. provisional patent on its SteamRay steam engine technology.
The SteamRay is a high efficiency rotary steam engine that can be scaled to a number of different sizes just by adding rotor modules. The SteamRay is designed to take advantage of applications where larger more expensive solutions would not be financially viable.
The SteamRay can utilize steam as low as 15 psi and still manage to create usable energy. Most commercial boilers used for heating schools, buildings etc. use steam ranging from 15-50 psi.
This is the second patent that the Company has filed in the last two weeks. The filing of these patents is further confirmation as to the viability of the different technologies being developed by W2 Energy. The SteamRay's core technology is covered under some of W2 Energy's previous patents. The company feels that the filing of this patent assists in developing W2 Energy's position as a leader related to the production of green energy and energy recovery. W2 intends to market the product through its website which is presently being modified to integrate an e-commerce store as well as its ecommerce sites on eBay and alibaba.com. The company is also considering distributorship through qualified entities.
W2 Energy 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
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.
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