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Mass Megawatts Wind Power, Inc. (OTC Bulletin Board: MMGW) Reports Results for the Fiscal Quarter Ended January 31,2007

Posted on: Monday, 19 March 2007, 12:01 CDT

WORCESTER, Mass., March 19 /PRNewswire-FirstCall/ -- Mass Megawatts Wind Power, Inc. (BULLETIN BOARD: MMGW) reports a net loss of one cent per share or $54,562 in the third fiscal quarter or three month period ended January 31, 2007. In the third quarter of the previous year, there was a net loss of four cents per share or $119,435.

Mass Megawatts (http://www.massmegawatts.com/) has very little debt and only 3,722,982 shares issued and outstanding.

Mass Megawatts uses several patented innovations to reduce the cost of producing wind power. Some new wind energy improvements include the use of less material and a reduction of custom made parts.

In the past five years, the wind industry achieved a growth rate of more than 25 percent per year. In 2006, more than $9 billion of new wind power plants worldwide were constructed.

For more information, the web site is http://www.massmegawatts.com/ and the company can be reached at the phone number of (508) 751-5432.

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. 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 Megawatts Wind Power, Inc.

CONTACT: Jon Ricker for Mass Megawatts Wind Power, Inc., +1-508-751-5432,JonRicker@massmegawatts.com

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


Source: PRNewswire-FirstCall

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