Boone County, Iowa, Zoning Commission Approves Alternative Energy Sources' Request


KANSAS CITY, Mo., Jan. 31, 2007 (PRIME NEWSWIRE) -- Kansas City-based Alternative Energy Sources Inc. (OTCBB:AENS) today announced that the nine-member Boone County (Iowa) Zoning Commission voted unanimously Tuesday night to recommend approval of the company's request for rezoning 625 acres for agricultural business use. AENS plans to build its proposed 110-million-gallon ethanol plant on the site near Ogden, Iowa.

The approved motion is being forwarded to the county commissioners, who will vote on the recommendation in three weeks.

"The commission's action shows that we have the full support of the local officials and that we are moving ahead with our plans right on schedule," said J.B. Voss, AENS's vice president of business development, who attended the meeting. He is a 17-year veteran of Archer Daniels Midland, the nation's No. 1 ethanol producer.

AENS plans to start construction on the plant by late spring and have it in operation by fall 2008. Since mid-August AENS has also announced plans to build ethanol plants in Kankakee, Ill., and Greenville, Ill.

AENS is developing "greenfield" sites, including constructing, owning and operating fuel-grade ethanol plants. For information: www.aensi.com.

The Alternative Energy Sources Inc. logo is available at http://www.primezone.com/newsroom/prs/?pkgid=2961

Forward-Looking Statements: This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. These statements are based on management's expectations, estimates, projections and assumptions. You can identify these statements by the fact that they do not relate strictly to historic or current facts. They use words such as "will," "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," "target," "forecast" and similar words in connection with any discussion of future operating or financial performance. Forward-looking statements are inherently subject to known and unknown risks and uncertainties that may cause actual results to be materially different from those discussed including, but not limited to, our inability to secure or generate sufficient operating cash flow to adequately maintain our generating facilities and service our debt, commodity pricing, intense competition for undervalued generating assets, environmental risks and general economic conditions and other financial, operational and legal risks and uncertainties detailed from time to time in the Company's SEC filings. Any forward-looking statements speak only as of the date of this release. We assume no obligation to update any forward-looking statements to reflect any event or circumstance that may arise after the release date.


            

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