Beacon Equity Research Initiates Profile Research Coverage of WorldWater & Power with an Outperform Rating


DALLAS, Feb. 17, 2005 (PRIMEZONE) -- Beacon Equity Research, LLC announces it has initiated coverage of WorldWater & Power Corporation (OTCBB:WWAT) with an OUTPERFORM rating.

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Beacon Equity Research, LLC is a fee-based, comprehensive investment research firm, focusing primarily on the underserved small-cap sector. All Beacon analysts are seasoned industry professionals and adhere to the Association for Investment Research Management's (AIMR) stringent ethics and standards of practice guidelines. All research reports are authored by a Certified Financial Analyst (CFA), one of the most prestigious professional designations awarded in the financial industry. Beacon Research does not have any investment banking relationships with any of the companies covered, thereby eliminating a common conflict of interest between the research analyst and the company being covered. All analysts are compensated prior to performing their investment research and are not compensated in any way based on the future performance of the equities they follow. Beacon Equity Research has not been compensated for the preparation and release of this report by WWAT or any third-party. All opinions and conclusions are solely those of the analyst who prepared the report. The authoring analyst utilizes a host of publicly available information which Beacon can make no representations to regarding the accuracy of. No information contained in this report should be construed as either a solicitation to buy or sell any securities listed or mentioned. Beacon Equity Research is not a registered broker/dealer. Investors are encouraged to visit http://BeaconEquityResearch.com, or email us at info@BeaconEquityResearch.com for more information regarding our company policies.

About WorldWater & Power Corp:

WorldWater & Power Corporation is a full-service, international solar electric engineering and water management company with unique, high-powered and patented solar technology that provides solutions to a broad spectrum of the world's electricity and water supply problems. For more information about WorldWater & Power Corp., visit the website at www.worldwater.com.

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks and uncertainties that could cause actual results to be materially different from those projected. Such risks may include, but are not necessarily limited to, changes in general economic conditions and other business considerations described more specifically in WorldWater & Power Corporation's Securities and Exchange Commission filings.



            

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