CHEYENNE, Wyo., June 5, 2006 (PRIMEZONE) -- Amelot Holdings, Inc. (Pink Sheets:AMHD) is pleased to announce that the initial bio-diesel processing equipment that was ordered on April 24th has been received. The supplier tested the equipment for any defects by producing a batch at their facility and confirmed the equipment was working properly.
The equipment arrived on June 2 at the Company's subsidiary, Amelot Alternative Energy, Inc., in New Hampshire. It is expected that the equipment will be installed, staff trained and in production within four weeks.
"We are extremely pleased that our initial equipment has arrived. We have been receiving a number of inquiries for distribution of our product. We are looking to set up commitments from these distributors to further help us obtain financing for future growth. We are confident that our business model positions us for continued strong gross margin performance," said Aziz Hirji, President of Amelot Holdings.
About Amelot Holdings, Inc.
Amelot Holdings, Inc. is a diversified holding company focused on acquiring under-valued, high-growth firms and properties in the natural resource industry.
The Amelot Holdings, Inc. logo is available at http://www.primezone.com/newsroom/prs/?pkgid=2149
Statements in this press release that are not historical facts are forward-looking statements within the meaning of the Securities Act of 1933, as amended. Those statements include statements regarding the intent, belief or current expectations of the Company and its management. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing and access funds from our existing financing arrangements that will allow us to continue our current and future operations and whether demand for our products and services in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events.