International Power Group Hires Firm to Complete Environmental Impact Study.

Site in Mexicali under Consideration for Waste-to-Energy Plant

CELEBRATION, Fla. -- IPWG announced today that it has hired Sistemas Integrales de Seguridad y Medio Ambiente S.A. de C.V. ("SISMA") to perform an environmental impact study in the City of Mexicali, North Baja California, Mexico. The study will assist with the development of the joint venture agreement with Sistemas Inegrales de Seguridad y Medio Ambiente S.A. de C.V. ("SEPA") that was signed in November of 2006.

SISMA is extensively testing area land to confirm viability to build a waste-to-energy plant in Mexicali. Its study is expected to be finalized within six months of the commencement date of February 6, 2007. Under the Joint Venture agreement with SEPA, IPWG expects to receive at least 450 tons of waste per day from SEPA which IPWG estimates has a value of an average of $230 per ton or $103,500 per day. The Company will also be open to handling waste from neighboring cities and companies.

About International Power Group, Ltd.

International Power Group, Ltd. is dedicated to providing multifaceted alternative energy solutions in a sustainable and environmentally friendly manner. Through its subsidiaries, strategically placed around the world, and its strategic partnerships, the Company intends to provide turnkey solutions for waste disposal and electricity and potable water production. The Company intends to establish waste-to-energy facilities to convert commercial, hazardous, organic and toxic wastes into saleable electricity and potable water. IPWG believes it is uniquely positioned to produce revenue from the in-processing of waste and the out-processing of electricity and drinking water, while addressing the growing need for "green" sources of energy.

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FORWARD-LOOKING STATEMENTS: 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. For a discussion of such risks and uncertainties that could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report on Form 10-KSB, as amended, for the most recently ended fiscal year. 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 environmental impact study completed within six months of February 6, 2007 and expecting to receive at least 450 tons of waste per day from SEPA., 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.