Exhibit 99.1

               World Waste Technologies, Inc. Announces
                  $25,000,000 in New Equity Funding

    SAN DIEGO--(BUSINESS WIRE)--May 26, 2006--World Waste
Technologies, Inc. (OTCBB:WDWT) (the "Company") announced that it has
secured $25,000,000 in new equity financing in two private placements.
In the first transaction, which closed May 25, 2006, the Company
issued 89,000 shares of its newly created 8% Series B Convertible
Redeemable Preferred Stock at a price of $100 per share, resulting in
total gross proceeds to the Company of $8.9 million. In the second
transaction, the Company entered into definitive agreements for the
sale of an additional 161,000 shares of Series B Preferred Stock on
the same terms, for total additional gross proceeds to the Company of
$16.1 million. This second offering is expected to close on or around
May 26, 2006.
    In addition to the sales described above, holders of the Company's
$6,250,000 aggregate principal amount of senior secured debentures
have the contractual right to exchange their debentures for shares of
Series B Preferred Stock on a dollar-for-dollar basis. Any debentures
that are not so converted will be repaid with a portion of the
proceeds of these offerings. The Company anticipates that the holders
of approximately $2,480,000 of such debentures will elect to exchange
their debentures and accrued interest for a total of 25,000 shares of
Series B Preferred Stock (which shares of Preferred Stock would be
convertible into a total of 1,000,000 common shares and be included in
the registration statement described below).
    "We are delighted to have in this financing such a solid group of
investors whom we believe will support World Waste now and over the
long haul," said John Pimentel, World Waste's Chief Executive Officer.
"We intend to use these resources wisely as we work to execute our
strategy to get Plant #1 in Anaheim running efficiently; begin the
planning for additional World Waste facilities; and ultimately to work
internally and with partners to identify and attempt to commercialize
additional beneficial uses for our cellulose biomass and other
residual streams such as higher value added paper products, fuel grade
ethanol, building products, and refuse derived fuels."
    Each share of Series B Preferred Stock is convertible for a period
of five years into 40 shares of the Company's common stock. To the
extent not converted by the five-year anniversary of issuance, the
shares are subject to redemption at each holder's option, with any
shares not redeemed subject to automatic conversion. The shares are
also subject to mandatory conversion prior to the five-year
anniversary of issuance if the Company's common stock meets certain
trading price and volume criteria and under certain other
circumstances. Holders of the Series B Preferred Stock are entitled to
receive cumulative dividends, payable quarterly in additional shares
of Series B Preferred, at the rate of 8% per annum.
    The Company is also issuing the investors in these transactions
five-year warrants to acquire up to a total of 2,500,000 shares of
common stock at an exercise price of $2.75 per share. The Company has
agreed to file a registration statement within 60 days of the closing
covering the resale of the shares of common stock issuable upon
conversion of the Series B Preferred Stock and exercise of the
warrants.
    After fees and expenses and the repayment of the Company's secured
debentures, the Company estimates the total net proceeds to it from
these two offerings will be approximately $18.75 million. The Company
currently intends to use these net proceeds to start-up operations at,
and make improvements to, its initial facility located in Anaheim,
California, to begin preparations for additional facilities, and for
general corporate purposes.
    Thomas Weisel Partners, LLC, First Montauk Securities Corp. and
Chadbourn Securities, Inc. acted as the Company's placement agents in
the first offering. Thomas Weisel Partners, LLC, Chadbourn Securities,
Inc. and First Montauk Securities Corp. are acting as the Company's
placement agents in the second offering, and Green Drake Capital Corp.
is acting as selling agent for Chadbourn Securities, Inc.

    About World Waste Technologies, Inc.

    World Waste Technologies, Inc. (OTCBB:WDWT) is seeking to
commercialize a patented technology that management believes will
allow a significant amount of Municipal Solid Waste (MSW) to be
recycled. A major component of MSW is paper-based material, and the
Company's technology converts paper, cardboard, and paper packaging
found in MSW into a cellulose fiber material that can be sold to box
and paper manufacturers or potentially be used in making other
products. The Company recently completed construction of its initial
facility in Anaheim, California.

    The contents of this press release are presented as a general
overview of the Company. It is intended only to contain general
information regarding the Company and its business and does not
purport to provide complete disclosure or analysis of all matters that
may be relevant to a decision to invest in the Company. In addition,
certain matters discussed in this release may constitute
"forward-looking statements." Actual results and the timing of certain
events may differ materially from those indicated by such
forward-looking statements due to a variety of risks and
uncertainties, many of which are beyond the Company's ability to
control or predict, including, but not limited to risks and
uncertainties outlined in the Company's periodic reports filed with
the SEC. Other risk factors may include, but are not limited to, our
ability to successfully implement our business strategy, fluctuation
in quarterly results, increased competition, the economical operation
of our process and our ability to protect the proprietary technology
we use. Further, we operate in an industry sector where securities
values are highly volatile and may be influenced by economic and other
factors beyond our control, such as announcements by competitors and
service providers. These statements are made as of the date of this
release, and the Company undertakes no obligation to publicly update
or revise any forward-looking statement, whether as a result of new
information, future events or otherwise.

    CONTACT: World Waste Technologies, Inc.
             David Rane, 858-391-3400