IPWG International Power Group Ltd (CE)

International Power Group (OTCBB: IPWG) ("IPWG") and ForeverGreen ("FGE") announced today that they are working diligently together on the financial aspects of their Joint Venture agreement through the current turmoil in the financial markets. Both companies have agreed to extend the contract time lines.

Background

ForeverGreen Enterprises ("FGE") transforms waste materials into Green Hydrogen, Methanol and other raw materials essential to alternate fuel makers, synthetic fuel producers and industrial manufacturers. FGE is a development stage company that is transitioning into its implementation phase. With a positive cost of goods business model, a leading gasification/synthesis technology platform and independence from natural gas and other fossil feedstocks, FGE projects will deliver outstanding economic, environmental and strategic benefits.

ForeverGreen's technology platform is Progressive Molecular Dissociation ("PMD"). PMD is the brand name for ForeverGreen's gasification and gas clean-up process that employs molten media and plasma technologies. It is capable of transforming any type of hydrocarbon or other organic material, and hydrogen bearing inorganics into a syngas that can be processed into industrial products, basic chemicals and energy resources.

International Power Group is a leader in the development and implementation of new cutting-edge technologies that maximize recycling values while providing environmentally safe disposal of solid waste and hazardous materials. Through the application of these new technologies, solid wastes and hazardous materials can be minimized to their maximum extent while producing significant secondary benefits such as clean energy and clean water. Founded in 2004, IPWG is a publicly traded company, listed on the US OTC market, and has established offices in the US, England, Sweden, Mexico and Egypt.

IPWG brings extensive expertise and capabilities to the Joint Venture in the areas of Waste to Energy ("WTE") project development, power generation and systems engineering services and developmental project management.

FORWARD-LOOKING STATEMENTS: This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. For a discussion of such risks and uncertainties that could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report on Form 10-KSB, as amended, for the most recently ended fiscal year. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations, are generally identifiable by the use of words such as "believe," "expect," "intend," "anticipate," "estimate," "project," or similar expressions. These forward-looking statements relate to, among other things, expectations of the business environment in which the Company operates, projections of future performance, potential future performance, perceived opportunities in the market, quotation on the OTC Bulletin Board and statements regarding the Company's mission and vision. The Company's actual results, performance, and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements.

CONTACT: International Power Group, Ltd. Woodrow W. Crouch CEO 407-566-0318 www.i-pwg.com