NEW YORK, Feb. 5, 2007 (PRIME NEWSWIRE) -- W2 Energy Inc. (Pink Sheets:WWEN) (German WKN# A0KDV3) is pleased to announce that they have been granted permission to trade on the Frankfurt Stock Exchange, the third largest exchange in the world. Trading of the WWEN shares in Germany started on January 3, 2007.
The Frankfurt Stock Exchange's turnover and securities dealing rates is one of the world's highest. It leads the eight German stock exchanges and is responsible for 85 percent of the securities trading volume in Germany. The Frankfurt Exchange provides full service trading capabilities, which include a trading floor as well as an electronic trading exchange, XETRA.
Frankfurt-based RG Securities submitted the application on behalf of W2 Energy and will serve as their specialist. RG Securities AG is a financial boutique with extensive experience and has established themselves as a well-recognized Market Maker on the Frankfurt Stock Exchange (FWB) and XETRA. RG Securities AG is a full member of the Frankfurt Stock Exchange and XETRA and a Listing Partner of Deutsche Boerse and is fully qualified and recognized by the Deutsche Boerse as the competent advisor in all issues related to the admission to trading on the Frankfurt Stock Exchange.
W2 Energy plans live presentations through an extensive tour to begin in the near future in Geneva and Zurich Switzerland, Frankfurt, Germany and Brussels, Belgium. Company representatives will then travel onto many other cities in Europe including but not limited to: Vienna, Paris, Amsterdam and Stockholm to meet a diversified and comprehensive group of professionals. The tour will continue all year long and serve the purpose of introducing WWEN to the investment Community as well as to potentially expand on the business relationships already forged in the European Community.
Michael McLaren, CEO of W2 Energy Inc., stated, "Our decision to apply for listing and trade on the Frankfurt Exchange demonstrates our commitment to facilitate global access to our securities and improve market liquidity. We are looking to expand business opportunities in Western Europe. We are extremely pleased to Have RG Securities as our Listing agent. Listing on the Frankfurt exchange will help to further establish our presence in this very lucrative market."
W2 Energy Inc. is a growing, publicly traded company that develops renewable energy technologies and applies it to new generation electrical power systems. Specifically, W2 Energy Inc. produces green power utilizing its core-patented technologies to produce green power generating and clean transportation fuel plants utilizing bio-mass and GTL technologies. W2 Energy Inc. has seasoned management and cutting edge technology and is presently commercializing it through the building of biomass to liquid fuel plants.
Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, statements are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in the future periods to differ materially from forecasted projections. These risks and uncertainties include, among other things, energy market volatility, product demand, market competition, and risk inherent to the company's research and development operations.