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.
World Energy Solutions, Inc.
CONTACT: Investor Relations: Phil Adams, World Energy Solutions, Inc.,
(508) 459-8100, padams@worldenergy.com; Media Relations: Dan Mees, World
Energy Solutions, Inc., (508) 459-8156, dmees@worldenergy.com
