3.5.2007: Meldung: WorldWater & Power Announces Name Change
The new name reflects the company"s growing leadership role in producing, installing, and servicing some of the largest, most advanced solar powered solutions available today - with patented, high-powered technology that delivers renewable energy on a cost-effective basis.
"Our company has grown and, with it, our reputation in the market for providing state-of-the-art adaptive technologies for renewable solar power," stated Quentin T. Kelly, Chairman and CEO. "With revenue expected to nearly double in 2007, we recognized the time was right to highlight the engineering advances that make us uniquely qualified for large solar projects, which can provide substantial savings for clients in future energy expense while often addressing water supply requirements. This year continues to be one of transformation - and our new name reflects that."
About WorldWater & Solar Technologies Corp:
WorldWater & Solar Technologies Corp. 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 & Solar Technologies Corp., visit the website at www.worldwater.com.
Forward Looking Statements:
Except for historical information contained herein, this document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve known and unknown risks and uncertainties that may cause the Company"s actual results or outcomes to be materially different from those anticipated and discussed herein. Further, the Company operates in industries where securities values may be volatile and may be influenced by regulatory and other factors beyond the Company"s control. Other important factors that the Company believes might cause such differences are discussed in the risk factors detailed in the Company"s 10-KSB and its quarterly reports on Form 10-QSB both as filed with the Securities and Exchange Commission, which include the Company"s cash flow difficulties, dependence on significant customers, and rapid development of technology, among other risks. In assessing forward-looking statements contained herein, readers are urged to carefully read all cautionary statements contained in the Company"s filings with the Securities and Exchange Commission.
WorldWater & Power
Jessie Sullivan, 609-818-0700 ext. 20
Source: WorldWater & Power Corp.