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FutureWorld Energy, Inc.: FutureWorld Energy Announces Proposal to Acquire Position in Biomass Energy Sector

^{Published on 2009-08-27 06:12:07, Last Modified on 2009-08-27 06:12:08 - Market Wire}
 

ST. PETERSBURG, FL--(Marketwire - August 27, 2009) - FutureWorld Energy (PINKSHEETS: [ FWDG ]), a vertically integrated "green" energy holding company, today announced the expansion of its footprint into the global biomass industry by acquiring an interest in a world renown private research lab focused on renewable energy sources and biodiesel technology. Based in India, the private research lab provides over eight years of research and development of biofuels and bioenergy using only non-edible feedstock. The Company further announced it is actively seeking to form strategic partnerships and identify potential projects and companies for acquisition, to expand its intellectual holdings, as well as to enter into strategic partnerships with universities focused on research in bio-fuels.

"This move represents the second step in our strategic vision to move FutureWorld Energy into full operational status within the biofuels industry, and we are confident that, over time, our acquisition in the sector will deliver considerable value to our shareholders and employees," stated Sam Talari for FutureWorld.

"Our goal, since day one, was to find ways to reduce the causes of global warming and work towards solutions that will enable FutureWorld Energy to position ourselves as true pioneers in the area of biofuels and clean technologies. We believe that clean energy and water best represent those core areas, which need to be addressed on both a national and international level. We plan to attempt to work closer with the Obama Administration, Congress, non-profit groups, and the business community to help reduce America's dependence on fossil fuels by creating a marketplace for clean, sustainable sources of energy. With the completion of our first acquisition of SeaTech behind us, and now moving forward with our proposed partnership in the biodiesel arena, FutureWorld Energy is clearly on track with our business strategy to become a leading innovator within the world marketplace for clean, sustainable sources of energy," further stated Talari.

About Biodiesel

Biodiesel is a clean and renewable energy source derived from vegetable oil that can be used in unmodified diesel engines. Biodiesel improves overall engine performance, is 100% compatible with existing diesel vehicles and infrastructure, and has proven reliable in over 50 million miles of road testing. Biodiesel significantly reduces harmful exhaust emissions, which contribute to global warming; is non-toxic at any level; and is the first and only fuel to have passed the Clean Air Act. The United Nations expects biofuels to account for a full 25% of world energy needs by 2025.

About FutureWorld Energy

FutureWorld Energy, Inc. (PINKSHEETS: [ FWDG ]), a Delaware corporation, is a U.S. Diversified Energy Holding Company, listed on the Over the Counter exchange, which was formed to capitalize on the burgeoning markets in renewable and alternative energy technologies globally. FutureWorld Energy, together with its subsidiaries, focused on the identification, acquisition, development, and commercialization of renewable and alternative energy technologies globally. Through established relationships with universities, research centers and government agencies, we strive to identify technologies on the leading edge of innovation that would contribute immensely to the global energy needs while protecting the future for our children and theirs. To request further information about FutureWorld, please email us at [ investors@futureworldenergyinc.com ] or log onto our website at [ http://www.futureworldenergyinc.com ]

Forward-Looking Statements

This press release may contain forward-looking statements covered within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products and services that we may not produce today and that meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets.