NEW YORK, NY, Aug 12, 2008 (MARKET WIRE via COMTEX) -- In the newsrelease, "W2 Energy Inc. to Submit Technology to Department ofEnergy Clean Coal Power Initiative," issued earlier today by W2Energy Inc. (PINKSHEETS: WTWO), we are advised by the company thatthe second paragraph should read "W2 Energy continues to become arecognized leader in the development and commercialization ofModular, flexible Micro CTL (Coal To Liquid) and BTL (Biomass ToLiquid) units," says Mike McLaren, CEO of W2 Energy." rather than"W2 Energy continues to become a recognized leader in thedevelopment and commercialization of Modular, flexible Micro CTL(Coal To Liquid) and BTL (Biomass To Liquid) units," said MikeMcLaren, CEO of W2 Energy. "They have excellent connections anddeep technical expertise in wood waste, agricultural waste,cogeneration and energy production. This will be the first of manywaste-to-energy plants we develop with TecFuels." as previouslyissued. In addition, in its boilerplate, "W2 Energy LLC" has beenchanged to "W2 Energy Inc." Also, the TecFuels, LLC boilerplate hasbeen removed. Complete corrected text follows.