Powerweb Granted PA State PALM Initiative
For Immediate Release: January 13, 2006

For additional information, please contact:
Powerweb Technologies, Inc.
610-627-9600 (tel)
610-627-5842 (fax)
lbudike@2powerweb.com
www.2powerweb.com

Media, PA, January 13th, 2006: Powerweb Technologies today announced funding of $400,000 by the Pennsylvania Energy Development Authority to design and deliver the Pennsylvania Automated Load Management (PALM) Initiative.

The Pennsylvania Automated Load Management (PALM) Initiative is a new innovative approach to saving energy for Pennsylvania commercial consumers through the use of wireless technology. Funded by Governor Ed Rendell and the Pennsylvania Energy Development Authority, the PALM initiative will provide grant funding to pioneer new energy management, energy efficiency and renewable energy trading credit techniques for commercial consumers in Pennsylvania. The PALM Initiative will enable commercial and industrial energy consumers to interface their existing facilities to "real-time" market prices, "real-time" energy consumption, and time-of-use utility rates. By establishing this intelligent link between the facility and the energy market, commercial consumers will be able to lower energy costs by modulating energy consumption based on "real-time" market conditions. The PALM Initiative will help consumers better manage and control energy costs in order to prepare for dynamic market pricing after the States' "price-cap" removal in 2010.
In addition, through the PALM Initiative Governor Rendell will pioneer the Nation's first "web-based" aggregation platform to trade renewable energy credits derived from energy management and control initiatives. Through the Alternative Energy Portfolio Standards Act, Pennsylvania Act 213, commercial consumers will be able to aggregate and trade renewable energy credits based on the amount of kW demand reduction or peak kW load control they implement at their commercial facility.

About Powerweb Technologies, Inc.
Powerweb Technologies, Inc. (www.2powerweb.com) is a privately held corporation based in Media, Pennsylvania. The company has been engaged in the design, development, and deployment of advanced energy management and power control solutions for the past ten years. The Omni-Linkâ Platform Powerweb's OEM based core technology has been integrated into multiple products and services within the Utility, Lighting, and Building Controls market space. Omni-Link^TM is a registered trademark of Powerweb, Inc.