CHEYENNE, Wyo., Dec. 4, 2006 (PRIME NEWSWIRE) -- Amelot Holdings, Inc. (Pink Sheets:AMHD) is pleased to announce that the Company's subsidiary, Amelot Alternative Energy, Inc., has moved in its Methanol tank for their Bio-Diesel production. Methanol is a major raw material used in the transesterification process needed to produce biodiesel.
"We had previously announced ordering a Methanol tank from a specific vender," stated Allen Giles, president of Amelot Holdings, Inc. "Through local networks we were able to achieve a lower cost, double walled fire guard tank, pump and metering control unit from an additional source. This tank system is much more efficient and works better with the batch processing design."
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.primenewswire.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.