CHEYENNE, Wyo., Jan. 23, 2007 (PRIME NEWSWIRE) -- Amelot Holdings, Inc. (Pink Sheets:AMHD) is pleased to announce that its wholly owned subsidiary, Amelot Commodities Group (ACG), has received delivery of its second shipment of Bio-Diesel into Boston for distribution to their clients. Loud Fuel of Falmouth, Massachusetts will take receipt of 12,000 gallons of B99.9 Bio-Diesel worth approximately $30,000. The remaining product will be delivered to other ACG clients over the next two weeks for blending and distribution throughout New England.
Bio-Diesel is biodegradable, nontoxic, and essentially free of sulfur and aromatics. It is less toxic than table salt and biodegrades as fast as sugar. Bio-Diesel reduces emissions of carbon monoxide (CO) by approximately 50% and carbon dioxide (CO2) by 78%. Bio-Diesel reduces the emission of particulates, small particles of solid combustion products, by as much as 65%. This reduces cancer risks by up to 94% according to testing sponsored by the Department of Energy.
"By learning our clients' logistic requirements and weekly throughputs, we have quickly increased the efficiency of our delivery process," stated Allen Giles, President of Amelot Holdings, Inc. "We will take this valuable experience and use it to ensure that the opening and operation of our processing facility is effortless."
The Company recently announced that the Company's President, Allen Giles, will be the guest speaker at the Cape & Islands Renewable Energy Collaborative, the local chapter of the Northeast Sustainable Energy Association. Mr. Giles has been asked to give a presentation on the current and future opportunities for biofuels for New England. The meeting will be held on February 21, in Hyannis, Massachusetts.
About Amelot Holdings, Inc.:
Amelot Holdings, Inc. (http://www.amelotholdings.com), a publicly traded company, is a diversified holding company that has identified a projected $20 billion opportunity to manufacture renewable fuels to supply the growing demand and to reduce the dependency and environmental impact of fossil fuels. Amelot Alternative Energy Group, a wholly owned subsidiary of Amelot Holdings, Inc., is focused on the production of these renewable fuels, with an emphasis on bio-diesel. Amelot Holdings, Inc. also owns the following alternate energy and renewable fuel companies: Amelot Commodities Group, and Amelot Alternative Energy, Inc.
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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.