World Energy to Offer 15 Million Assigned Amount Units (AAUs) for Sale on the World Green Exchange
24 Agosto 2009 - 6:04PM
PR Newswire (US)
WORCESTER, MA, Aug. 24 /PRNewswire-FirstCall/ -- World Energy
Solutions, Inc. (NASDAQ: XWES; TSX: XWE), an operator of online
exchanges for energy and green commodities, today announced it will
be accepting offers for purchase of up to 15 million AAUs on the
World Green Exchange(R). Full details of the offering, including
background on the Green Investment Scheme (GIS) of the country of
origin and a copy of World Energy's terms, conditions, award and
settlement procedures, will be available to registered and invited
parties on the World Green Exchange starting August 26, 2009. The
offering period will end on September 16, 2009. To participate in
this offering, interested parties must be registered members of the
World Green Exchange, with an executed agreement in place. Free,
online registration is available at
https://green.wesplatform.com/WebPortal/public/supplierregistration.aspx.
Registrants should select "AAUs" for more details. Current members
can log on to the World Green Exchange at
https://green.wesplatform.com/. Registrants will be provided a
password to the World Green Exchange, where all documents for this
posting will be available and bids can be placed. World Energy will
hold training sessions to new registrants throughout the offering
period. All participants must be trained by World Energy before
making an offer. Training takes approximately 30 minutes. This
press release is intended solely to inform potential buyers of the
aforementioned commodity offering and in no way implies a
transaction will be consummated. About World Energy Solutions, Inc.
World Energy (NASDAQ: XWES; TSX: XWE) operates online exchanges for
energy and green commodities. For buyers and sellers of
electricity, natural gas, capacity, and green-energy assets who are
impacted by today's volatile markets, World Energy's proven
approach has transformed the normally complex procurement process
into a powerful, streamlined vehicle for cost savings. In addition
to enabling customers to seek competitive pricing on traditional
energy commodities, World Energy is taking a leadership position in
the emerging environmental-commodities markets. Its award-winning
World Green Exchange(R) supports the ground-breaking Regional
Greenhouse Gas Initiative's (RGGI) cap and trade program for CO2
emissions. For more information, please visit
http://www.worldenergy.com/. This press release contains
forward-looking statements that are subject to risks and
uncertainties that could cause actual results to differ from those
indicated in the forward-looking statements. Such risks and
uncertainties include, but are not limited to: our revenue is
dependent on actual future energy purchases pursuant to completed
procurements; the demand for our services is affected by changes in
regulated prices or cyclicality or volatility in competitive market
prices for energy; we depend on a small number of key energy
consumers, suppliers and channel partners; there are factors
outside our control that affect transaction volume in the
electricity market; and there are other factors identified in our
Annual Report on Form 10-K and subsequent reports filed with the
Securities and Exchange Commission. DATASOURCE: World Energy
Solutions, Inc. CONTACT: Investor Relations: Phil Adams, World
Energy Solutions, Inc., (508) 459-8100, ; Media Relations: Dan
Mees, World Energy Solutions, Inc., (508) 459-8156,
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