New York Based Private Equity Group Invests in International Power Group.CELEBRATION, Fla. -- Chief Executive Officer Peter Toscano, today announced that a private equity group based in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. has invested $2.3 million into International Power Group, Ltd. (OTCPK: IPWG IPWG Internet Policy Working Group (FCC) IPWG Implementation Planning Working Group IPWG Interactive Privacy Working Group IPWG Interagency Project Working Group IPWG Internet Privacy Working Group IPWG Integrated Portfolio Work Group ). Mr. Toscano stated, "International Power Group views this new equity investment in our company, by a visionary fund that focuses its investments in promising technologies, as a significant vote of confidence in our business plan to provide alternative energy solutions by constructing our waste-to-energy and AddPower(TM) technologies in key locations worldwide." About International Power Group, Ltd. International Power Group, Ltd. is dedicated to providing multifaceted mul·ti·fac·et·ed adj. Having many facets or aspects. See Synonyms at versatile. Adj. 1. multifaceted - having many aspects; "a many-sided subject"; "a multifaceted undertaking"; "multifarious interests"; "the multifarious alternative energy solutions in a sustainable and environmentally friendly Environmentally friendly, also referred to as nature friendly, is a term used to refer to goods and services considered to inflict minimal harm on the environment.[1] 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 potable /pot·a·ble/ (po´tah-b'l) fit to drink. po·ta·ble adj. Fit to drink; drinkable. potable fit to drink. water production. The Company intends to establish waste-to-energy facilities to convert commercial, hazardous, organic and toxic wastes into saleable sale·a·ble adj. Variant of salable. saleable or US salable Adjective fit for selling or capable of being sold saleability or US 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 drinking water supply of water available to animals for drinking supplied via nipples, in troughs, dams, ponds and larger natural water sources; an insufficient supply leads to dehydration; it can be the source of infection, e.g. leptospirosis, salmonellosis, or of poisoning, e.g. , while addressing the growing need for "green" sources of energy. To receive e-mail announcements about the Company, http://www.Directstocknews.com/IPWG 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, expectations of the business environment in which the Company operates, projections of future performance, potential future performance, perceived opportunities in the market, quotation on the OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. 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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