GUELPH, Ontario, April 5, 2011 /PRNewswire/ -- W2 Energy, Inc. (OTC:WTWO) is pleased to announce that on April 1 it began operating the first stage of the SunFilter 2 system filled with a special algae that creates a valuable vitamin as a by-product.
The SunFilter 2 is filled only with haematococcus pluvialis algae and fresh water. When grown and dried, 2-5% of haematococcus pluvialis algae are comprised of astaxanthin, a powerful antioxidant gaining popularity worldwide as a vitamin supplement.
Recent scientific findings indicate that astaxanthin is a powerful antioxidant and a free-radical scavenger that can aid essential biological functions, including protection from harmful ultra violet rays from the sun.
As current wholesale price for astaxanthin increases the haematococcus pluvialis algae with a concentration or 3-5% astaxanthin, each dried pound of algae would be worth $500.
"We are very excited about the connection between our technology and vitamin production," says Mike McLaren, President and CEO of W2 Energy. "Our energy production systems will make green energy and clean the environment, and the vitamin by-products will help make our bodies stronger."
W2 Energy trades in the United States on the OTC market under the symbol "WTWO."
For further information, please contact Mike McLaren at (519) 800-7556 or go to www.w2energy.com
Note: Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors that may cause results to differ materially. Such risks, uncertainties and other factors include but are not limited to new economic conditions, risk in product development, market acceptance of new products and continuing product demand, level of competition and other factors described in reports and filings with regulatory bodies
SOURCE W2 Energy, Inc.