NEW YORK, March 16, 2015 /PRNewswire/ --Millennium Energy Corporation (OTC Pink: MENC) announces the appointment of Irvin E. Richter as Chairman  & Chief Executive Officer.

Effective immediately, Mr. Richter will guide the Company in all of its worldwide operations and implement its new direction into Renewable Energy and Property Development. The Board of Directors was seeking an individual with a proven successful track record as an operator of a worldwide conglomerate.

The Company's President Irving Aronson said, "the Company is exited to name Irvin E. Richter as Chairman and Chief Executive Officer of Millennium Energy Corp., with his extensive business management experience, corporate finance knowledge and broad commercial sense, including his substantial achievement of having built NYSE listed Hill International into one of the world's largest construction project management firms over the past 39 years."

About Irvin E. Richter

Mr. Richter was the founder of Hill International Inc., a NYSE Listed company, and has served as Chairman of the Board of Directors for 30 years, since 1985. Until his resignation on December 31, 2014, he was the Chief Executive Officer since he founded the company in 1976. Mr. Richter is a Fellow of the Construction Management Association of America ("CMAA") and a member of the World Presidents' Organization. He is the author of several books including Handbook of Construction Law & Claims and International Construction Claims: Avoiding and Resolving Disputes. He serves or has served on a number of Boards of Directors, including Rutgers University, Temple University Hospital and the CMAA. Mr. Richter holds a B.A. in government from Wesleyan University and a J.D. from Rutgers University School of Law at Camden, and he has been named a Distinguished Alumnus at both schools.

About Millennium Energy Corporation

Millennium Energy owns a joint venture with Westoil LLC, a Russian Corporation, on two Oil Exploration Blocks covering 465 sq Kilometers and 85 sq kilometers located in the Sakhalin Region, Russian Federation:

The Vazinski License block's surface area is equal to 465 square kilometers and is licensed by Ministry of Natural Resources Russian Federation, Sakhalin Region, Nogliksk District license number YUSKH - OII78 -NR granted on December 29, 2010 valid until January 1, 2036.

The Verhoturovski License block's surface area is equal to 85 square kilometers and is licensed by Ministry of Natural Resources Russian Federation, Sakhalin Region, Nogliksk District, license number YUSKH - OII79 -NR granted on December 2, 2010 valid until January 1, 2036.

Avis Energy Global Holdings Inc.

Millennium Energy formed a strategic alliance, Joint venture and equity swap agreement with Avis Energy Inc., a Canadian company that is a world leader with patented technology related to renewable energy for waste to energy projects. The Company plans to build up to 25 waste to energy plants in North America, Europe, Africa and Asia over the next several years.

See www.avisenergy.com

For more information on Millennium Energy Corp see OTC Markets "MENC"

Safe Harbor

This release contains statements that constitute 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. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of W2 Energy, Inc., its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words "May," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond W2 Energy, Inc.'s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in W2 Energy, Inc.'s filings with the Securities and Exchange Commission.

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SOURCE Millennium Energy Corporation

Copyright 2015 PR Newswire

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