CHEYENNE, Wyo., Dec. 6, 2006 (PRIME NEWSWIRE) -- Amelot Commodities Group (ACG), a division of Amelot Holdings, Inc. (Pink Sheets:AMHD), is pleased to announce that the Company will take delivery of its first rail car of bio-diesel into Boston, Massachusetts for distribution to various customers in the region. Amelot Commodities Groups' clients will take receipt of the environmentally friendly, renewable fuel product throughout the week for blending and distribution.
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 by as much as 65% the emission of particulates, small particles of solid combustion products. This reduces cancer risks by up to 94% according to testing sponsored by the Department of Energy. In the United States, Bio-Diesel is the only alternative fuel to have successfully completed the Health Effects Testing requirements (Tier I and Tier II) of the Clean Air Act (1990).
"This is an extremely important milestone in developing a northeast client base and recognizing revenue before the year end," says Allen Giles, President of Amelot Holdings, Inc. "Working through all of the logistics and back office operations of a transaction will make it extremely easy for Amelot to assimilate its planned production facilities when they come online."
About Amelot Holdings, Inc.:
Amelot Holdings, Inc., (Pink Sheets:AMHD), 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, (ACG) 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.