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International Power Group, Ltd. Completes Site Due-Diligence in Poland

November 18, 2009 (FinancialWire) — International Power Group, Ltd. (OTC: IPWG), a provider of waste to energy solutions, including waste to energy development and waste to energy technologies, announced that, in connection with the Memorandum of Undertaking and Term Sheet (MOU) entered into on September 25, 2009, IPWG and its financial partners have completed the due diligence inspection of the site in Poland where the Waste to Energy Power Plant will be constructed. IPWG’s visit to Poland was a success and its financial partners have reiterated their commitment to the development of the Poland Waste to Energy Power Plant.

IPWG is now finalizing the necessary documentation for the construction credit facility for the Poland Waste to Energy Power Plant, and is expected to furnish this final documentation within the next several weeks.

Upon returning from Poland, IPWG’s CEO John Benvengo said, “After having met with the Polish people and government officials, I believe that IPWG will bring great value to Poland and its people with the construction of this waste to energy plant. I look forward to shepherding this project to its conclusion and realizing the vision of this project and its anticipated benefits to the Polish community.”

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Free annual reports, filings and conference call webcasts for companies mentioned in the news are available via Investrend Syndications (http://investrend.ar.wilink.com/?level=279). Tuesday’s issued reports and/or recorded webcasts include Cavico Corp. (OTCBB: CVIC), Thornburg Ltd. Term Income Fund (NASDAQ: THIFX), Apache Corp. (NYSE: APA), Baytex Energy Trust (NYSE: BTE), Citizens, Inc. (NYSE: CIA), Scottish Oriental Smaller Companies Trust PLC (OTC: SCSHF) (London Stock Exchange: SOST), JPMorgan Elect Plc (London Stock Exchange: JPE) and Solitario Exploration & Royalty Corp. (AMEX: XPL).

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