WORCESTER, Mass., March 15, 2012 /PRNewswire/ -- Mass
Megawatts Wind Power, Inc. (OTC Bulletin Board: MMMW.OB) reports a
net loss of one cent per share or
$136,454 in the third fiscal quarter
ending January 31, 2012. During
the same fiscal period a year ago, Mass Megawatts Wind Power MMMW
reported a net loss of one cent per
share or $80,414 for the fiscal
quarter ending January 31, 2011.
The Mass Megawatts wind power plant also known as the Mass
Megawatts Multiaxis Turbosystem or Mass Megawatts MAT is
preparing an improved wind augmenter for production. The
newest version of the Mass Megawatts windpower augmenter is a
more cost effective method for increasing wind
velocity. A wind augmenter increases the harnessed wind
velocity in order to increase the power output. The new
Mass Megawatts Wind Power augmenter technology reduces the cost for
heavy and expensive components being required by earlier versions
of a wind augmenter.
In recent Mass Megawatts Wind Power news, MMMW started
production of its wind-powered, water pump system for delivery in
the next few months. Construction was completed in
December 2011 on the initial unit,
which provides a low-cost solution for water pump applications
commonly needed on farms and ranches throughout the central plains
of the United States.
This press release contains forward-looking statements that
could be affected by risks and uncertainties, including but not
limited to Mass Megawatts Wind Power's ability to produce a
cost-effective wind energy conversion device. Among the factors
that could cause actual events to differ materially from those
indicated herein are: the failure of Mass Megawatts Wind Power,
also known as Mass Megawatts Windpower, to achieve or maintain
necessary zoning approvals with respect to the location of
its power developments; the ability to remain competitive; to
finance the marketing and sales of its electricity; general
economic conditions; and other risk factors detailed in periodic
reports filed by Mass Megawatts Wind Power. Additionally, Mass
Megawatts Wind Power stock quote and Mass Megawatts stock price may
be impacted by global condition. Mass Megawatts Wind Power,
Inc. expected and anticipated positive and negative impact on the
Mass Megawatts stock price and the MMMW stock quote.
www.massmegawatts.com
SOURCE Mass Megawatts Wind Power, Inc.