Worldwater Corp. Signs Agreement to Become Master Consultant and Contractor for All Water and Energy Programs in Somalia

MOGADISHU, Somalia, Nov. 6 WORLDWATER CORP. (OTC Bulletin Board: WWAT), a full-service U.S. based water management and solar engineering company, announced today that it had signed agreements to become the master consultant and contractor for all water and energy programs for the newly-elected government of the eastern African nation of Somalia.

WorldWater, which specializes in proprietary solar pumps and solar electrical systems to provide clean water and electricity in developing countries, signed the agreement in the Somali capital of Mogadishu on October 25 with the Minister of Mining, Water and Mineral Resources and with the Minister of Agriculture for the new government, according to Quentin T. Kelly, Chairman and Chief Executive Officer of the Company.

"Plans call for WorldWater to advise the government on water and energy matters over the next three years on every aspect of water supply, including the civil works of piping, distribution and delivery in the capital of Mogadishu, as well as other municipalities and rural areas throughout the country," Mr. Kelly said. "WorldWater also will concentrate on providing electricity to towns and communities through renewable energy resources such as solar power, and will advise on agricultural programs, managing the country's irrigation projects, including the pumping delivery systems, which will mainly be solar."

The newly appointed Cabinet Minister for Mining, Water and Mineral Resources, Hassan Abshir Farah, said, "Providing clean water and electricity to the people of Somalia is a top priority in our reconstruction. The American company, WorldWater Corp., is prepared to begin immediately to plan and begin that operation as soon as we have organized our budgets for the programs."

In addition to the potable water programs, agriculture will assume a commanding position in the young government's plans, according to the new Minister of Agriculture, Yusuf Moalim Amin. "Somalia's economy is based on agriculture and we must resurrect our farming capabilities as soon as possible. We're asking WorldWater to help us install properly managed irrigation systems using their solar pumps as early as possible," Mr. Amin stated.

Mr. Kelly said that under the three-year agreement WorldWater would develop and manage and oversee contracting for the country's water resources and incorporate renewable energy projects such as solar power into Somalia's infrastructure. This includes locating and managing groundwater sources in municipal and rural areas, delivering water for drinking and for irrigation using the Company's solar pumping systems and generating independent electricity with its solar power systems.

Mr. Kelly said that the Company is establishing WorldWater Somalia Ltd. as a Somali participating subsidiary to manage, market and distribute water management and solar equipment services. WorldWater also will be responsible for hydrological studies to determine the suitable sites for water and solar electrical power systems.

Mr. Kelly said that WorldWater has the technology, equipment and expertise to establish solar powered water and electricity generation projects on a broad scale. "Our water stations could be set up in rural areas to provide water for human consumption, livestock and irrigation purposes," Mr. Kelly stated. "We also can supply water and power to homes, schools, health clinics, police stations and businesses."

WorldWater has solar water pumping and electrical power systems operating in 17 countries. "We have demonstrated success in providing clean water and electricity to developing nations and we look forward to bringing these basic necessities to the people of Somalia," he added. "We will endeavor to deliver these services, as circumstances permit and as funding becomes available, in a manner as timely as possible." He said that the government has indicated that water will be the largest item in Somalia's budget.

WorldWater Corp., founded in 1984, possesses special expertise in developing water sources and providing electrical power. Its solar pumps can retrieve water from wells at a depth of 1,000 feet, far deeper than competing pumps. Its larger pumps deliver 2,200 gallons per minute, 10 times more than its nearest competitor, taking water from canals, streams and rivers for irrigation. WorldWater also provides lighting and electricity by means of solar power technology to users who are not located near utility company power grids.

"For 16 years since it was founded, the mission of World Water Corp. has been to alleviate the difficult conditions under which many people live in developing countries, with the most pressing needs generally being the availability of water and electricity," Mr. Kelly said. "Successful projects such as those provided by WorldWater Corp. immeasurably improve the lives of citizens in these countries and strengthen the infrastructure of the nation itself. These projects also are beneficial to our shareholders because of the significant privatization efforts by the government to switch to private sector companies such as WorldWater."

WorldWater, based in Pennington, N.J., has solar water pumping and electrical systems operating in countries around the world, including the Philippines. It recently started work on the first phase of a project valued at up to $20 million to bring safe drinking water to 150 municipalities in Cebu province in the Philippines. The Company also recently contracted with the Province of Sulu to supply water to all of the islands in that southernmost Philippine province. The province's governor estimates the total value of the contract at $30 million over three years. The Company also has contracts pending or in place in Pakistan, Sri Lanka and Ethiopia.

WorldWater Corp. (http://www.worldwater.com) is a full-service water management and solar engineering company specializing in solving water problems through use of solar energy. The Company produces and distributes the proprietary AquaSafe(TM) and AquaMax 2200(TM) solar water pumps, capable of delivering water in volumes from 5 gallons to more than 2000 gallons per minute.

This document may contain Statements which constitute "forward-looking statements" within the meaning of the Private Securities Litigation Act of 1995. "Forward-looking statements'' include any statement which is not of purely historical fact, such as statements concerning plans, objectives, goals, strategies and future events and underlying assumptions thereof. Such forward-looking statements involve known and unknown risks, uncertainties expressed or implied by such forward-looking statements to be materially different from those projected. Such factors include, among other, general economic and business conditions which may impact demand for the Company's solar generated pumps and electricity; changes in tax laws and regulations; the ability of the Company to implement its marketing strategy and to expand its business in the worldwide market; the ability of the Company to build its production facility up to the level of efficiency and output of its planned production; and changes in laws and government regulations applicable to the Company, including laws in foreign nations. SOURCE WorldWater Corp. Web