World of Investment - Das Finanzportal für Ihren Erfolg an der Börse!

!!! Press Release Source: WorldWater & Power Corporation WorldWater & Power Cancels Financing Wednesday June 21, 1:42 pm ET PENNINGTON, N.J.--(BUSINESS WIRE)--June 21, 2006--WorldWater & Power Corp. (OTCBB: WWAT - News), a developer and marketer of proprietary high-power solar systems, today announced that it has canceled the financing with an institutional investor, previously announced May 16, 2006, due to the proposed terms and market conditions. The Company is reviewing other funding alternatives that offer more attractive terms and appropriately value WorldWater's existing backlog and business outlook. WorldWater is committed to its shareholders and to serving its expanding customer base as expeditiously as possible. ADVERTISEMENT About WorldWater & Power Corp: WorldWater & Power Corporation is a full-service, international solar electric engineering and water management company with unique, high-powered and patented solar technology that provides solutions to a broad spectrum of the world's electricity and water supply problems. For more information about WorldWater & Power Corp., visit the website at [URL]www.worldwater.com.[/URL]