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Mass Megawatts Wind Power, Inc., (OTC-Bulletin Board: MMGW) Starts Production

Posted on: Thursday, 7 September 2006, 09:21 CDT

WORCESTER, Mass., Sept. 7 /PRNewswire-FirstCall/ -- Mass Megawatt Wind Power, Inc. (BULLETIN BOARD: MMGW) http://www.massmegawatts.com/ started the production for selling its first product, the Multiaxis Turbosystem, also known as MAT. The initial production will be helpful toward delivering additional sales for larger projects beyond the initial production. The company's ability to grow with the demand for its units should be easier after a few initial sales and an establishment of a marketing and production infrastructure.

The MAT system is a patented, wind energy conversion device that is capable of generating electricity at 2.5 cents per kilowatt-hour at an average wind speed of 16 miles per hour. This generation cost is 40% below traditional wind energy technologies, and is directly competitive with fossil fuel power plants such as coal and natural gas.

The MAT design is based on the deployment of many small individual blades, which are mounted vertically on shafts that drive generators located at the base of the system. The MAT design has received a PE stamp, certifying that the structure can withstand 120 mph winds, as well as level 4 earthquakes.

The MAT structure provides several key advantages over traditional wind energy designs. This includes a reduction in capital, operational, and maintenance costs, along with the ability to operate profitably in lower wind speed locations. In the United States alone, suitable MAT locations currently exist to potentially supply 20 percent of the nation's electricity.

The company reports that it has limited the technology and operational risks for its customers by providing a warranty on the performance for each MAT system sold. The level of electricity generated by a MAT, based upon wind-speed, is guaranteed by the company. In addition, favorable accelerated depreciation rules can, in some cases, create a positive cash flow situation in the first year of operation.

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.

Mass Megawatt Wind Power, Inc.

CONTACT: Jon Ricker of Mass Megawatts, +1-508-751-5432,JonRicker@massmegawatts.com

Web site: http://www.massmegawatts.com/

Source: PRNewswire-FirstCall

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