Amelot Alternative Energy, Inc. and the Cape Cod Renewable Fuels Program Work to Secure Bio-Diesel for Cape Cod, MA


CHEYENNE, Wyo., Nov. 29, 2006 (PRIME NEWSWIRE) -- Amelot Holdings, Inc. (Pink Sheets:AMHD), announces that through the efforts of the Cape Cod Renewable Fuels Program, Amelot Alternative Energy, Inc., a wholly owned subsidiary focused on the production of Bio-Diesel, has agreed to provide an allocation of Bio-Diesel from its Nashua, NH facility to organizations on Cape Cod, MA for distribution or direct use.

The Cape Cod Renewable Fuels Program is a group of Federal and State agencies, local and county municipalities and major stake holders on Cape Cod, brought together by the efforts of U.S. Representative William Delahunt and his staff, designed to identify potential renewable fuel markets and infrastructure needs for Cape Cod, develop recommendations and steps required to make the use of renewable fuels viable and maximize economic benefits through the development of cooperative efforts.

"Working with regional organizations like the Cape Cod RFP group is a major focus for Amelot," says Allen Giles, President of Amelot Holdings, Inc. "Becoming a good corporate citizen throughout New England is extremely important to building our credibility and securing our position as a leader in the production and supply of renewable fuels."

Information about the Cape Cod Renewable Fuels Program Partnership program including the Declaration of Support for Cape Cod, MA is available at:

http://www.cirenew.info/CCRFP

About Amelot Holdings, Inc.

Amelot Holdings, Inc. is a diversified holding company focused on alternative energy and biofuels.

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.



            

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