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Mass Megawatts Wind Power, Inc. (OTC Bulletin Board: MMGW) Reports for Fiscal Quarter Ending January 31, 2006

Posted on: Friday, 17 March 2006, 09:00 CST

WORCESTER, Mass., March 17 /PRNewswire-FirstCall/ -- Mass Megawatts Wind Power, Inc. (BULLETIN BOARD: MMGW) reports a third quarter loss of four cents per share or $119,435 for the third fiscal quarter ended January 31, 2006. In the same three month period ending January 31, 2005 of the previous year, Mass Megawatts had a net loss of three cents per share or $87,403.

During 2005, the wind industry installed more than $3 billon in new wind generating equipment serving more than 2.3 million households. Those wind power plants can generate electricity at less than 5 cents per kilowatt hour, not including the federal production tax credit.

Mass Megawatts, on a large scale, is anticipated to reduce the cost of producing wind power at least 35% less than the cost of traditional wind power plants. For example, Mass Megawatts uses smaller blades utilizing a fraction of the material per rated kilowatt. Another advantage for Mass Megawatts is the lower maintenance cost with the generators and gearboxes being isolated from problem causing vibration. As a result, it prevents premature failure.

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 of 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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