Mass Megawatts Continues Technological Advances; 'Wind Prism' Design Further Increases Output

WORCESTER, Mass., July 2 /PRNewswire-FirstCall/ -- Mass Megawatts Wind Power, Inc. (OTC Bulletin Board: MMGW) introduces the addition of a "wind prism" to be fitted for usage in all newly constructed augmenters for their MAT (Multi-Axis Turbosystem) wind turbines.  

While the augmenter technology has been proven effective at increasing wind velocity upwards of 70%, the new implementation of a "wind prism" is designed to additionally enhance output.  It works by smoothing the internal sides of the augmenter with a fitted material, thereby decreasing turbulence resulting in still higher wind speeds and greater electricity generation. This will become a permanent fixture in the MAT augmenter technology.  

In other news, Mass Megawatts raised enough funds recently to eliminate its remaining debt. The company also raised enough cash to expand its ongoing operations.  Mass Megawatts, a company with only nine million shares issued and outstanding, has essentially reduced to near zero all company debt. Additionally, the Company no longer experiences a severe cash flow problem. Most of the time including the recent past, Mass Megawatts was burdened with cash and debt issues. As a result, Mass Megawatts is now financially poised to achieve their next goal of preparation for mass production of their MAT wind turbines. Once independent, third-party verification of the latest technology of the "Wind Prism" is completed, Mass Megawatts can effectively expand the marketing of their product as having a competitive edge over the standard propeller-style technologies.

 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 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.