WorldWater Chairman Reports Vibrant Revenue Growth to Shareholders at Annual Meeting, Validating...

PENNINGTON, N.J. -- Company Revenues for Current Year Up More than 400% Over Previous Full Year For Fourth Consecutive Year of Double-Digit Growth

WorldWater Corporation (OTCBB:WWAT), providing the next generation of cutting-edge patented high-volume solar powered technology with diverse

Orders completed or in progress this year are already in excess of $6 million, said Quentin T. Kelly, WorldWater Chairman and CEO, representing more than a 400% increase over last year's sales of $1.28 million. The Company's proprietary AquaMax(TM) solar power technology continues to demonstrate its power and flexibility in a range of large-scale, industrial applications.

"The Company is performing extraordinarily well," said Mr. Kelly. "Our technology and products have now been proven time and again in the field and in the marketplace, as demonstrated by our strong revenue growth during the last year. We're moving steadily into new areas and have made solid strides in sales growth and capitalization, enabling WorldWater to continue to attract top professionals in the water and energy industries."

Mr. Kelly also announced start of construction of a $2.1 million solar-powered irrigation project at a California citrus ranch, expected to become the largest solar irrigation system in the world when complete. Shareholders also learned the Company's new operating name: WorldWater & Power Corp., a change that reflects the firm's expanding capabilities and expertise in solar and renewable energy. The stock symbol - WWAT.OB -- will stay the same.

On Friday, WorldWater also announced its selection by the Quinault Indian Nation of Washington State to assess implementation of renewable energy systems for the tribe's Quinault Beach Resort and Casino. The study is being funded by a grant from the US Department of Energy's Tribal Energy Program.

About WorldWater:

WorldWater Corp. is a full-service, international solar engineering and water management company with unique, high-powered and patented solar technology that provides solutions to a broad spectrum of the world's water supply and energy problems. The Company's recently patented AquaMax(TM) solar pumping systems, capable of driving motors up to an unprecedented 600 horsepower, make WorldWater the first and only solar company in the world with the power to deliver mainstream pumping capability. The Company is also a pioneering provider of solar powered water systems in the Philippines and developing nations in Africa and Asia.