International Power Group Reports on Its AddPower Unit.

CELEBRATION, Fla. -- International Power Group, Ltd., (OTCBB: IPWG.OB) announced today that its AddPower Unit was installed and has been operating since July 4, 2007 at Vargons Alloys Steel Mill in Uddevalla, Sweden. AddPower is IPWG's proprietary patented low temperature turbine technology, which allows low temperature waste heat to be converted to electricity, at approximately 67% to 75% lower than high temperature systems. IPWG believe that the use of this technology will allow many businesses to significantly increase their electricity output without corresponding increases in their fuel costs.

Michael Maguire, Vice President of Engineering of International Power Group stated, "The AddPower unit is up and running and operating according to all of our expectations. Upon satisfactory completion of this initial operating stage, which we anticipate will be completed within ten to seventeen days, our next stage will be stepping up operations to maximum production."

Peter Toscano, President of International Power Group, stated, "Once operation of this unit satisfactorily reaches full capacity, we plan to accelerate our marketing efforts of the AddPower technology to electricity providers throughout the world. To date, we are very pleased with the results, and are projecting AddPower sales revenues of $20 million dollars during the remainder of our fiscal year."

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 our subsidiaries, strategically placed around the world, and our strategic partnerships, we intend to provide turnkey solutions for waste disposal and electricity and potable water production. We intend to establish waste-to-energy facilities to convert commercial, hazardous, organic and toxic wastes into saleable electricity and potable water. We believe we are uniquely positioned to produce revenue from the in processing of waste and the out-processing of electricity while addressing the growing need for "green" sources of energy.

Pictures of the work in progress are available on our web site www.i-pwg.com.

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"), including statements regarding the expectation that testing of the AddPower Unit will be completed within ten to seventeen days and the projection of AddPower Sales of $20 million during the remainder of our 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 statements are subject to a number of risks and uncertainties and other factors that could cause actual events or results in future periods to differ materially from what is expected or implied by those statements, including the risk that testing of the AddPower Unit will take longer than expected, the risk that AddPower sales may be materially less than expected and the other risks set forth in our filings with the Securities and Exchange Commission.