International Power Group, Ltd. CEO Announces Letter to Shareholders and Proxy Vote Information


CELEBRATION, Fla., Oct. 2, 2009 (GLOBE NEWSWIRE) -- International Power Group, Ltd. (Pink Sheets:IPWG), a provider of waste to energy solutions, including waste to energy development and waste to energy technologies, announced today that its CEO has posted a letter regarding the upcoming shareholders meeting and the proxy statements that have been mailed to all shareholders. CEO, John Benvengo, stated, "We ask that all shareholders visit our website (www.i-pwg.com) and click on link 'letter to our shareholders' to review the letter I have posted on our website for important information regarding the Shareholder Proxies and the upcoming shareholders meeting.

Further, Mr. Benvengo stated, "The Proxy and Shareholder Meeting packages have been mailed. To the extent you do not received your package, we ask that you contact Issuer Direct at (919) 481-4000 between the hours of 7 am and 11 pm ET Monday through Friday to place your proxy vote. Simply use option 2 and then option 3 and listen to the telephone prompts during the call to place your vote. If you have any questions or problems regarding this process, IPWG asks that you contact the company directly."

About International Power Group, Ltd.

International Power Group, Ltd. is a leader in the development and implementation of new cutting-edge technologies that maximize recycling values while providing environmentally safe disposal of solid waste and hazardous materials. Through the application of these new technologies, solid wastes and hazardous materials can be minimized to their maximum extent while producing significant secondary benefits such as clean energy and clean water. Founded in 2004, IPWG is a publicly traded company, listed on the Pinksheets.

FORWARD-LOOKING STATEMENTS

This document 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. Such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements. The company may experience significant fluctuations in future operating results due to a number of economic, competitive, and other factors, including, among other things, our reliance on third-party manufacturers and suppliers, government agency budgetary and political constraints, new or increased competition, changes in market demand, and the performance or reliability of our products. These factors and others could cause operating results to vary significantly from those in prior periods, and those projected in forward-looking statements. Additional information with respect to these and other factors, which could materially affect the company and its operations, are included in certain forms the company has filed with the Securities and Exchange Commission.



            

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