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Mass Megawatts NewsMass Megawatt’s Concludes $1,000,000 SaleWORCESTER, MA., February 22, 2010 /PRNewswire-FirstCall/ -- Mass Megawatts Wind Power, Inc.(OTC Bulletin Board: MMGW.OB ), announced today that , Catskill Mountain Wind Management, Inc. had accepted the Company’s newest version of its technology, which was a prerequisite for Catskill’s purchase from Mass Megawatts a number of demonstration units to be installed throughout New York State to promote the MAT (Multi-Axis Turbosystem) and Augmenter System. Under the terms of an agreement with Catskill, Mass Megawatts was required to have a commercialized version of its new Augmenter System (patent pending) installed, and have achieved an augmentation benchmark (increase in wind speed velocity entering the wind turbine area) over a month period of greater than 50%. Recently, Mass Megawatts announced that the new version of its Augmenter System, which was installed on its Hunter, New York project had maintained an augmentation level of 70% for over 30 days, and an average increase in wind velocity for that period of 70%. The Hunter, New York wind power project has been jointly sponsored and financed by Mass Megawatts and Catskill Mountain Wind Management. The Project's basis was to provide power to the Hunter Township’s Water Remediation Facility, where the Unit is located, allowing for excess generation to be utilized on behalf of the Township and the Greene County IDA. Catskill Mountain Wind Management, Inc worked side by side with the Mass Megawatts team over the past month to finalize the first phase of the Hunter project, and was pleased to achieve the augmentation benchmark of 50%. Additionally, both Mass Megawatts and Catskill Mountain Wind Management appreciate the enormous help from the local governments and citizens. In special recognition of honor and their reputation of high esteem, the success of the Hunter project has been made possible with the several months of valuable dedication and devoted support from the Greene County Industrial Development Authority and the Township of Hunter. This press release contains forward-looking statements that could be affected by risks and uncertainties, including but not limited to Mass Megawatts’ ability to produce a cost-effective wind energy conversion device. Among the factors that could cause actual events to differ materially from those indicated herein are: the failure of Mass Megawatts Wind Power, Inc. (MMGW.OB) to achieve or maintain necessary zoning approvals with respect to the location of its MAT power developments; the ability to remain competitive; to finance the marketing and sales of its electricity; general economic conditions; and other risk factors detailed in periodic reports filed by Mass Megawatts Wind Power, Inc. (MMGW.OB). Contact: Jon Ricker Mass Megawatts Wind Power, Inc. Releases Hunter, NY Project ResultsWORCESTER, MA., February 19, 2010 /PRNewswire-FirstCall/ -- Mass Megawatts Wind Power, Inc.(OTC Bulletin Board: MMGW.OB ), announces the first data sets from its Hunter, NY wind power project. It is the company’s first project incorporating a full blown Augmenter System, and, initial data indicated that we anticipated an increase in wind velocity through the System of close to 55%. In the data compiled in the past 30 days, the Hunter Project has achieved more than 70% augmentation during its first month of operation. The initial results look good. However, more data collection is needed. During the course of these first two months we had seen every level of wind speed, from dead calm to gusts of 60 mph, and have had combinations of prevailing winds from every degree on the compass, and second by second, minute by minute and day by day the System has averaged out at more than 70% increased wind speed. This press release contains forward-looking statements that could be affected by risks and uncertainties, including but not limited to Mass Megawatts’ ability to produce a cost-effective wind energy conversion device. Among the factors that could cause actual events to differ materially from those indicated herein are: the failure of Mass Megawatts Wind Power, Inc. (MMGW.OB) to achieve or maintain necessary zoning approvals with respect to the location of its MAT power developments; the ability to remain competitive; to finance the marketing and sales of its electricity; general economic conditions; and other risk factors detailed in periodic reports filed by Mass Megawatts Wind Power, Inc.(MMGW.OB). Contact: Jon Ricker Mass Megawatt Licensee Announces $10,800,000 ContractWORCESTER, MA., February 3, 2010 /PRNewswire-FirstCall/ -- Mass Megawatts Wind Power, Inc.(OTC bulletin Board: MMGW.OB ) , a Worcester, Massachusetts based Company, announced that a licensee, Electric City Wind Power Corporation, has signed a $10,800,000 agreement with Penobscot Mountain Wind, LLC, a wind power energy development group focused on distributed energy projects in Northeastern Pennsylvania. Distributed energy projects are based on localized energy production and distribution, a strategy that is one of key underpinnings of the national 'Smart Grid' initiative. The sales agreement between Electric City Wind Power and Penobscot Mountain Wind entails the manufacture and installation of a total of 6 megawatts of the Multi-Axis Turbo System vertical wind power generation equipment, which Electric City produces under a licensing agreement with Mass Megawatts. Under the terms of the agreement Penobscot Mountain Wind has the right to apportion its 6 MW equipment purchase into a number of individual projects, with a minimum nameplate capacity of any given project being 500 kW. Dr. Mark Puffenberger, MD, a managing partner of Penobscot Mountain Wind, related in a prepared statement that "Although we negotiated the right to have Electric City install projects for Penobscot below a megawatt in size, we're already well into discussions with counterparties for power purchase agreements where the requirements are two megawatts or greater. We also have talks underway for turnkey projects, where Penobscot Mountain will sell the completed wind power facility to a third party that has the prerequisites to engage in megawatt-sized net metering, while we stay on as the managing operator for the course of the facility's commissioned service. The reality is that we expect to have the 6 megawatts of capacity committed to projects very shortly, and Penobscot Mountain Wind is already back at the table with Electric City Wind Power to work out terms on a second equipment and installation purchase agreement. We're focusing our efforts on the 1 to 2 megawatt customers which fit well with the Mass Megawatts Multi-Axis Turbo System technology." Hamlin, Pennsylvania based attorney Michael Walker, also a managing partner of Penobscot Mountain Wind, LLC, released a separate statement in which he said, in part, that "Mass Megawatts' MAT technology has allowed us to bring the missing piece to the table that has kept community based wind power projects from moving forward. The MAT wind power generation system is below 75 feet in height, noise-free, and doesn't harm migratory birds. A number of municipalities have viewed a presentation by Electric City Wind Power and responded very favorably. Obviously, we're pleased that the timing of our agreement with Electric City Wind Power coincides with Mass Megawatts' introduction to the market of the new version of the MAT technology. Our projects will feature the newly introduced Augmenter System and other technology. It's an extremely exciting product and we have a customer base that is clamoring for it." Christopher T. Powell, Electric City's Corporate Counsel, cited the far reaching regional economic benefits that distributed energy model strategies, such Penobscot Mountain Wind's development plan, will have in Northeastern Pennsylvania. "Development groups like Penobscot Mountain are going to create a localized wind energy economy that keeps the benefit and the dollars generated by projects within the region, allowing municipalities, school districts and businesses to save huge sums on electricity over the years, while, at the same time creating a revenue basis that stays local and creates permanent manufacturing and installation jobs that can't be exported out of our mountain counties." Electric City Wind Power's Vice President of Sales, John Moran, told listeners in a recent investor's conference call that "The new version of the MAT and Augmenter Systems provides a technology platform that allows for the placement of projects in regions with medium grade wind resources, greatly expanding the geographic foot print into which viable commercial and community based wind projects can be sited." This ability to profitably operate wind power projects in areas that previously had not been considered to have an exploitable resource will allow for a tremendous increase in the number of businesses, municipalities, and school districts that can adopt distributed energy models based on medium grade wind resources. Developers such as Penobscot Mountain Wind, LLC and other groups that are in the process of forward purchasing allotments of MAT equipment are well positioned to engage in a design-build model, delivering turn-key wind power projects. This press release contains forward-looking statements that could be affected by risks and uncertainties, including but not limited to Mass Megawatts' ability to produce a cost-effective wind energy conversion device. Among the factors that could cause actual events to differ materially from those indicated herein are: the failure of Mass Megawatts Wind Power, Inc. to achieve or maintain necessary zoning approvals with respect to the location of its power developments; the ability to remain competitive; to finance the marketing and sales of its electricity; general economic conditions; and other risk factors detailed in periodic reports filed by Mass Megawatts Wind Power, Inc. Contact: Jon Ricker (508) 751-5432
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