Wowjoint Holdings Limited Announces Extension of Warrant Exchange Offer

Wowjoint Holdings Limited BWOW today announced the extension of the offering period for its previously announced exchange offer for its 7,700,642 outstanding warrants. The Offer has been extended until 5:00 p.m., New York City time, on September 20, 2012. The Offer was previously scheduled to expire at 5:00 p.m., New York City time, on July 17, 2012. Tenders of the Warrants must be made prior to the expiration of the Offer and may be withdrawn at any time prior to the expiration of the Offer. Warrant holders should review the Schedule TO, Offer to Exchange and other Offer materials (as they may be supplemented or amended) which the Company has filed or will file with the SEC and has provided or will provide to Warrant holders. Warrant holders who have previously tendered their Warrants do not need to take any other action unless they desire to withdraw their Warrants. Warrants may be withdrawn in accordance with the procedures described in the Offer materials. The last reported trading price of the Warrants on the NASDAQ Capital Market was $0.02 per warrant on July 6, 2012 and the last reported trading price of the Units on the NASDAQ Capital Market was $0.64 per unit on July 16, 2012. As of July 17, 2012, 5,311,201 Warrants have been tendered and not withdrawn.