GWSO Global Warming Solutions Inc (PK)

Global Warming Solutions, Inc. (Pink Sheets:GWSO) � a developer of technologies aimed at mitigating the effects of global warming � today announced that the company has acquired the Wave Electric Power Station (WEPS) technology from an affiliate of Coral-Invest Technologies. The WEPS utilizes floating electrical generators deployed in the ocean. The generators capture the energy from the movement of the sea waves and convert it into electricity that is then transmitted back to shore. Each generator can produce up to 100KwH. The WEPS offers a clean, replenishable and inexhaustible energy source at a fraction of the cost of conventional energy generation. Given the dense populations of coastal areas worldwide � and demand for alternative energy sources � the WEPS has the potential to meet the needs of a huge and growing market. �We are extremely pleased to have added the WEPS technology to our portfolio and believe that it marks an important milestone for the company as we enter another area of renewable energy,� said Dr. Vladimir Vasilenko, CEO of Global Warming Solutions, Inc. �The WEPS is a completely self-sufficient energy generating technology that can be deployed in the most important regions of the world.� The WEPS floating generators are produced from recycled plastic. According to Dr. Artem Madatov, the inventor of the technology, a 1000-meter WEPS would produce 15 MW with 10% co-efficiency � enough electricity for a population of 30,000. Global Warming Solutions plans to develop a marketing package for the WEPS and license the technology to licensees around the world. About Global Warming Solutions, Inc. Global Warming Solutions develops and commercializes technologies that help mitigate Global Warming and its effect on our planet. The Company targets three areas that help reduce the extent of Global Warming and fight issues that have arisen as a consequence: Clean Energy, Carbon Control, and Water Purification. Current climate models predict that global temperatures will rise sharply over the next century. The increase in temperatures can be slowed or eliminated by decreasing the amounts of greenhouse gases released into the Earth�s atmosphere. Global Warming Solutions seeks to leverage its experience and management to help make a difference in the fight for climate control. For more information visit the company website: http://www.globalwarmingsolutions.com The information contained in this press release may include forward-looking statements. Forward-looking statements usually contain the words "estimate," "anticipate," "believe," "expect," or similar expressions that involve risks and uncertainties. These risks and uncertainties include the company's uncertain profitability, need for significant capital, uncertainty concerning market acceptance of its products, competition, limited service and manufacturing facilities, dependence on technological developments and protection of its intellectual property. The company's actual results could differ materially from those discussed herein.