Recent Successes with Brown University, Providence College, Rhode Island School of Design and Roger Williams University Underscore the Value of World Energy’s People, Process and Technology

WORCESTER, MA;  June 19, 2009 - World Energy Solutions, Inc. (NASDAQ: XWES; TSX: XWE), an operator of online exchanges for energy and green commodities, today announced a number of recent successes helping Higher Education institutions procure energy over the World Energy Exchange(R). Combined, the colleges and universities, including Brown University, Providence College, Rhode Island School of Design and Roger Williams University, highlight the cost savings, budget certainty, and transparency delivered by World Energy’s technology-based approach to energy procurement.

World Energy runs online auctions for natural gas, electricity and green energy in which suppliers bid against each other, driving down prices, to win a customer’s business. In advance of the auctions, World Energy teams with its clients to share market intelligence on pricing and timing, develop and market their RFPs, and act as a central point of contact with the supplier community. This approach has proven successful for World Energy with public and private colleges both regionally and around the U.S.

The results speak for themselves. In an article highlighting World Energy’s engagement with Brown University, The Brown Daily Herald reported the school “will be able to save about $15 million over the next five years in heating and electricity costs, thanks to a new purchasing strategy powered by online technology.”

(See: http://webx.newswire.ca/click/?id=d4a1d04e3fa3426).

Added Jerome F. Williams at Roger Williams University: “Energy is one of our largest costs, and in this economic environment it was particularly important for us to review our energy procurement carefully for any cost savings opportunities. World Energy worked with us to develop a competitive energy procurement that delivered the cost savings and long-term budget stability we were after.”

“We’re glad we teamed with World Energy on our electricity and natural gas procurements,” said Fred Flori, Assistant Director, Facilities, Rhode Island School of Design. “Their process was very streamlined and professional, ultimately netting us over $1.5 million in cost savings.”

Concluded Phil Adams, President of World Energy: “Higher Education institutions across the country are viewing energy as a strategic asset and looking for proven ways to make the most of their energy investments. World Energy has a powerful value proposition for Higher Education, one underscored by the growing number of satisfied public and private institutions it has served. It’s fitting that colleges and universities are graduating to Internet-based procurement solutions to meet their energy needs, an evolution World Energy is proud to be leading.”

About World Energy Solutions, Inc.
World Energy (NASDAQ: XWES; TSX: XWE) operates online exchanges for energy and green commodities. For buyers and sellers of electricity, natural gas, capacity, and green- energy assets who are impacted by today’s volatile markets, World Energy’s proven approach has transformed the normally complex procurement process into a powerful, streamlined vehicle for cost savings. In addition to enabling customers to seek competitive pricing on traditional energy commodities, World Energy is taking a leadership position in the emerging environmental-commodities markets. Its award-winning World Green Exchange(R) supports the ground-breaking Regional Greenhouse Gas Initiative’s (RGGI) cap and trade program for CO(2) emissions. For more information, please visit www.worldenergy.com.

This press release contains forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ from those indicated in the forward-looking statements. Such risks and uncertainties include, but are not limited to: our revenue is dependent on actual future energy purchases pursuant to completed procurements; the demand for our services is affected by changes in regulated prices or cyclicality or volatility in competitive market prices for energy; we depend on a small number of key energy consumers, suppliers and channel partners; there are factors outside our control that affect transaction volume in the electricity market; and there are other factors identified in our Annual Report on Form 10-K and subsequent reports filed with the Securities and Exchange Commission.

SOURCE:  World Energy Solutions, Inc.