PITTSBURGH, PA--(Marketwire - Oct 19, 2011) - HWI Global®, Inc. (OTCBB: [ HWIC ]) announced today that it has not received the funding that was contractually agreed to with United Securities of Switzerland AG and their US-based representative, Zenith Estates, Inc. in respect to the remaining balance of the first tranche of funding due the Company.

On July 14, 2011, the Companies signed an agreement to sell up to an aggregate of 2,857,142 common shares to United Securities of Switzerland AG for proceeds of up to $1,000,000 at a share price of $0.35. The proceeds were expected to be received in four tranches of $250,000, subject to certain conditions. The first tranche was expected to be received on or before August 15, 2011 with additional tranches expected to follow in 90 day increments. To date, HWI Global® has received $150,000; the first payment of $100,000 was made on August 3rd, 2011; the second payment of $50,000 was made on September 13th, 2011.

The Agreement stipulates that $25,000 of legal and administrative fees will be deducted from the entire balance of the funding, which equates to $6,250 from each of the four tranches. The net funds for each tranche would be $243,750. Therefore the outstanding balance of the first tranche is $93,750 (or 38.5% of the total). The second tranche of $243,750 is due on November 14th, 2011.

According to representatives of Zenith Estates, Inc., the US-based firm brokering the funding agreement, United Securities of Switzerland AG has every intention to honor the amount of funds that were committed to in the contract, but that the specified dates of funding could not be guaranteed.

Deric Haddad, HWI Global® CEO, states: "We are currently in discussions with representatives of Zenith Estates to ensure that their client releases the remaining balance of the first tranche immediately. At this point, as it has been communicated to us, and seeing that a considerable percentage of the first tranche has been funded, we believe that the funding source is operating in good faith. We therefore consider the agreement to be intact. But, since the material elements of the agreement have not been fully met, we are reserving the right to hold all parties accountable in accordance with the law if the funding obligation is not totally satisfied. Considering the fact that our immediate business plan and cash flow projection had taken into account that we would have an additional $337,500 of equity capital infused into the company by November 14th of this year, the failure of United Securities of Switzerland AG to honor the contract could have a negative impact on HWI's operation. With that being said, we are diligently working on other sources of capital to protect our interests and the interests of our shareholders in the event that this current agreement is not fulfilled."

The Company is presently working on several other sources of domestic and international funding.

About HWI Global®

HWI Global, Inc.® is a leader in clean room design engineering and construction servicing clients in the Life Science, Health Science, Nanotechnology, Microelectronics, and Aerospace industries. Since its incorporation in 2004, HWI Global has effectively constructed classified facilities for R&D, food & beverage, contract manufacturers, and OEM providers. From low volume sterile compounding to high volume manufacturing and packaging applications, HWI Global provides value-engineered solutions for any custom clean room condition. HWI Global® and its network of subject matter experts -- from leading architects, engineers, facilities planners, and specialized installers -- effectively design and construct state-of-the-art clean environments in a "turnkey" fashion. For more information, please visit our website at [ www.hwicleanrooms.com ].

Forward-looking Statements

Except for the historical information and discussions contained herein, statements contained in this release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Our forward-looking statements are subject to risks and uncertainties. The risks and uncertainties that could cause actual results to differ materially, include, among others, limited access to capital, additional financing requirements, competition, the ability to attract and retain qualified employees, the ability to execute our strategy, the uncertainty of our future operating performance, the inability to manage growth, compliance with government regulations and legal liabilities, the effect of economic conditions in the business sectors in which we operate, and other uncertainties described in the Company's filings with the Securities and Exchange Commission. Many of these factors are beyond our ability to predict or control. In addition, as a result of these and other factors, our past financial performance should not be relied on as an indication of future performance. The Company does not assume any obligation to update any forward-looking statements or other information contained in this news release.

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