Mass Megawatt Licensee Announces $5,800,000 Contract

WORCESTER, Mass., Nov. 20 /PRNewswire-FirstCall/ — Mass Megawatts Wind
Power, Inc. (OTC Bulletin Board: MMGW) announced today that a Pennsylvania
based licensee, Electric City Wind Power Corp had executed a $5,800,000
agreement with John Gianacopoulos, principal of a leading architectural firm,
who heads a consortium of wind power investors from the Scranton area.

The parties had previously signed a letter of understanding, and Electric
City Wind Power Corp announced on November 20th that a contract been signed
with the Gianacopoulos’ group in order to secure 2010 manufacturing and
delivery schedules for the wind power generation equipment covered by the
contract according to Attorney Chris Powell, a senior partner of the Scranton,
PA based Powell Law who represents Electric City Wind Power Corporation.

Under the terms of the agreement, Mr. Gianacopoulos and his investors will
purchase a total of 3 Megawatts of Mass Megawatt’s Multi-Axis Turbosystem
(MAT) equipment which will be installed as a series of wind power projects to
be sited in northeastern Pennsylvania. The projects will be sized from 500 kW
to 1 MW in nameplate capacity.

In a statement previously released to the media, Gianacopoulos had pointed
out the opportunities that his group was seeking to capitalize on, saying, in
part, that “The Scranton Wilkes-Barre corridor has a very unique combination
of a large, localized demand for electricity sitting in close proximity to an
abundant wind resource. Many of our Valley’s windy ridgelines sit within a
mile or so of huge consumers of electricity, be they businesses, schools,
hospitals or government facilities. We’ve developed a distributed energy model
that speaks to creating varied strategic partnerships between wind power
investors and electricity consumers, partnerships that leverage the generous
Federal and state subsidies and tax benefits, while utilizing Pennsylvania’s
net metering law, which is the most progressive in the country.

“Working with Mass Megawatts and Electric City allowed for us to bring the
one element to the table that has kept us from moving forwards, which was the
lack of a wind power technology that was acceptable to the communities of the
region. Mass Megawatt’s MAT wind power generation system is below 50 feet in
height, and local municipalities that have had Electric City Wind Power
provide presentations on the system have had an extremely favorable reaction.

“We’re also pleased that the timing of our agreement with Electric City
Wind Power coincides with the coming to market of the latest generation of the
MAT technology. All of our projects will feature the newly introduced
enhancements. I fully expect that we will have the full 3 Megawatt’s worth of
projects committed within the next few months, and we’ll be back talking with
Electric City to seek additional capacity, with the same pricing structure, of
course.”

Mass Megawatts has completed the installation of the first commercialized
version of the Company’s new model at Hunter, New York. Over the past 18
months the Company’s engineering team has been designing and field testing a
new MAT configuration that allow for enhancements to the Augmenter equipment
to be incorporated into the overall system. Additionally, the Company’s
recently developed Wind Diffuser (patent pending) will be installed on the
Hunter Project. The power curve on the new MAT System is projected to be
higher than that of the previous version of the technology.

John Moran, a senior sales executive with Electric City Wind Power, who
served as the Company’s lead negotiator in the talks that led to the agreement
with Gianacopoulos, had explained to attendees at a company sponsored
renewable energy conference in August that “The new version of the MAT and
Augmenter is going to allow for highly efficient commercial and community wind
projects to be sited in lower wind areas. This will expand the viable wind
resource footprint into areas that contain an unlimited number of prime
candidates for distributed energy wind power projects.

“Our net metering law in Pennsylvania allows for ‘virtual’ net metering
within a two mile radius of an owner’s renewable energy generator. In essence,
this means that Mr. Gianacopoulos and his group are well positioned to engage
in a design-build model, delivering turn-key wind power projects for
businesses and organizations in the region. Obviously, this is a model that
will be successful throughout Pennsylvania.”

Frank Smollon, Electric City Wind Power Corp’s CEO, commenting on the
agreement with the Gianacopoulos group, stated that “The execution of the
agreement with John Gianacopoulos and his group is a testament to the
technology we’re bringing to market. Our negotiations with a number of other
organizations in Pennsylvania who are intent on developing wind power projects
are taking advantage of the same alignment of positive elements that John
Gianacopoulos recognized; Federal and state subsidies totaling up to 40% of a
project’s cost, the right to completely depreciate a project in 5 years, net
metering that pays close to retail cost for any excess generation, and, of
course, the willingness of communities to embrace the MAT’s equipment’s low
height.”

This press release contains forward-looking statements that could be
affected by risks and uncertainties, including but not limited to Mass
Megawatts Wind Power, Inc.’s 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 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.

www.massmegawatts.com

SOURCE Mass Megawatts Wind Power, Inc.