CHEYENNE, Wyo., Aug. 4, 2006 (PRIMEZONE) -- Amelot Holdings, Inc. (Pink Sheets:AMHD) is pleased to announce that its wholly owned subsidiary, Amelot Alternative Energy, Inc., met with engineer Nick Cricenti of SFC Engineering Partnership Inc. at the Burke Street address in Nashua, N.H. on Wednesday, August 2nd to discuss some of the issues raised in the Fire Safety Report that was received a few days prior.
"Fortunately, there are no major red flags raised in the report. The overall report was very good. The building was recently renovated in 2001, and many upgrades were made to bring the facility up to code. There were some minor issues that were raised that are not difficult to correct including whether or not the fire suppression system passes Extra Hazard Group 2 Design Criteria. Calculations are being made to determine this. If the system does not meet the criteria, it can be easily fixed by adding larger piping sections to the existing fire suppression system. This may delay production by another week or two. This is very encouraging news, for we have to make sure we can operate our company at this facility as well as provide the necessary operating safety environments before signing any lease agreement," stated Aziz Hirji, President of Amelot Holdings, Inc.
About Amelot Holdings, Inc.
Amelot Holdings, Inc. is a diversified holding company focused on Alternative Energy and Bio-fuels.
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.