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International Power Group Adds New Member to Board of Directors

Posted on: Tuesday, 17 January 2006, 15:00 CST

International Power Group, Ltd. (Pink Sheets: IPWG) today announced the election of Thomas Mitchell to the company's board of directors.

Thomas Mitchell most recently served as Senior Vice President and Director of Federal Programs for marketing and sales with Metcalf & Eddy, Inc., an international environmental and engineering firm whose specialty is municipal water and waste water systems. Mr. Mitchell provided direction to project teams working on water, wastewater and remediation sites at 32 military installations.

Mr. Mitchell served at the Pentagon as a Colonial in the United States Air Force and provided coordination with congressional committees regarding base closures and cleanup. He was involved in producing reports on all defense agencies including key funding recommendations for environmental cleanup; Congress ultimately enacted such funding recommendations.

Mr. Mitchell has served as a senior negotiator with the North Atlantic Treaty Organization (NATO) in Brussels, Belgium. He also served as Department Chair and Professor of Aerospace Studies at San Francisco State University. "We are excited to have someone of Thomas Mitchell's stature join International Power Group," stated IPWG President Peter Toscano, "his vast experience with environmental issues, cleanup and waste management coupled with his international and governmental experience will no doubt prove to be tremendous assets for a organization."

About International Power Group, Ltd:

International Power Group (IPWG) is a waste to energy company operating a proprietary technology that not only handles waste management in a more environmentally friendly manner, but also converts the energy generated from the process into meaningful amounts of cost effective electricity. Substantial amounts of purified drinking water can also be extracted from the process.

The Company will be contracting with governments to secure tipping fees for the removal of toxic and hazardous wastes and will be processing the materials in company owned and operated plants. The Company will build these plants - estimated at $250 million each - in areas that can benefit from the electricity and water production by-products of the process.

The Company's revenue streams include the tipping fees, fees for electricity, and fees for purified water. The Company will not be paying to receive the waste and will have costs limited to plant construction and operation only.

Safe Harbor Act Disclaimer: 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. 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, 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.

Source: Business Wire

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