International Power Group, Ltd. October 14, 2009 Shareholder's Meeting is Being Held...

International Power Group, Ltd. October 14, 2009 Shareholder's Meeting is Being
Held as Scheduled

CELEBRATION, Fla., Oct. 8, 2009 (GLOBE NEWSWIRE) -- International Power Group,
Ltd. (Pink Sheets:IPWG), a provider of waste-to-energy solutions, including
waste-to-energy development and waste-to-energy technologies, announces that the
Shareholder meeting currently scheduled for October 14, 2009 at 9:00 AM EST is
being held as planned and has NOT been cancelled.

IPWG's CEO John Benvengo stated, "IPWG has been informed by a number of its
shareholders, that certain securities brokerage companies and other financial
companies have been informing IPWG shareholders that the Shareholder Meeting
announced on September 3, 2009 has been cancelled. Be aware that such statement
is false. Those entities that have stated the shareholder meeting is cancelled
are conveying erroneous information. Indeed, IPWG has never wavered on the
Shareholder Meeting date, time, or place and certainly has never mentioned a
cancellation of this meeting."

As announced on September 3, 2009, IPWG will be holding its Shareholder Meeting
on Wednesday, October 14, 2009 at 9:00 AM EST. We look forward to see our
shareholders at this meeting.

About International Power Group, Ltd.

International Power Group, Ltd. is a leader in the development and
implementation of new cutting-edge technologies that maximize recycling values
while providing environmentally safe disposal of solid waste and hazardous
materials. Through the application of these new technologies, solid wastes and
hazardous materials can be minimized to their maximum extent while producing
significant secondary benefits such as clean energy and clean water. Founded in
2004, IPWG is a publicly traded company, listed on the Pink Sheets.

FORWARD-LOOKING STATEMENTS

This document contains forward-looking statements within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of the Securities
Exchange Act of 1934, as amended. Such statements are subject to risks and
uncertainties that could cause actual results to vary materially from those
projected in the forward-looking statements. The company may experience
significant fluctuations in future operating results due to a number of
economic, competitive, and other factors, including, among other things, our
reliance on third-party manufacturers and suppliers, government agency budgetary
and political constraints, new or increased competition, changes in market
demand, and the performance or reliability of our products. These factors and
others could cause operating results to vary significantly from those in prior
periods, and those projected in forward-looking statements. Additional
information with respect to these and other factors, which could materially
affect the company and its operations, are included in certain forms the company
has filed with the Securities and Exchange Commission.

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CONTACT: International Power Group, Ltd.
John Benvengo, CEO/President
407-566-0318
www.i-pwg.com