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Strategies & Market Trends : Can you beat 50% per month?

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To: Smiling Bob who wrote (8993)11/4/2005 10:30:53 AM
From: Smiling Bob  Read Replies (1) of 19256
 
WWAT - More revs for 2005

Press Release Source: WorldWater & Power Corp.

WorldWater & Power Corp. Signs $3.2 Million Contract to Provide Solar Power for California Mobile Home Park
Monday October 24, 7:30 am ET

PENNINGTON, N.J., Oct. 24, 2005 (PRIMEZONE) -- WorldWater & Power Corp. (OTC BB:WWAT.OB - News), developer of proprietary high-powered solar energy systems, today announced that it has signed a $3.2 million contract to build and install a solar electric power system for Tri-Palms Estates Mobile Home Park and Golf Community in Thousand Palms, California. The photovoltaic (PV) system will provide electricity for the clubhouse and for other electrical needs around the park. The installation is expected to substantially reduce electrical usage costs for the facility.

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WorldWater & Power Corp. plans to construct canopies over the parking area to hold the PV panels that will power the system. Plans call for construction of the canopies and installation of the systems to be managed and supervised by Quantum Energy Group, the California engineering, construction and project management firm acquired by WorldWater & Power Corp. earlier this year. The contract is subject to approval of the rebate application, following which construction is expected to begin immediately.

About WorldWater & Power Corporation

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

Information about WorldWater's newly acquired subsidiary, Quantum Energy Group, is available at quantumenergygroup.com.

The WorldWater & Power Corporation logo is available at: primezone.com

Contact:

WorldWater & Power Corp.
Rose Mary Schwarz
Phone: (609) 818-0700, ext. 33
rschwarz@worldwater.com

Investors/Media Contacts:
The Ruth Group
Denise Roche / Jason Rando
Phone: (646) 536-7008 / 7025
droche@theruthgroup.com
jrando@theruthgroup.com

Source: WorldWater & Power Corp.
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