CHEYENNE, Wyo., Dec. 19, 2006 (PRIME NEWSWIRE) -- Amelot Engineering and Development, a division of Amelot Holdings, Inc. (Pink Sheets:AMHD), is pleased to announce that the Company has signed an agreement with Fitzsimmons Systems, Inc. to supply the Bio-Diesel processing system design and equipment for Amelot Alternative Energy, Inc.'s New Hampshire facility. Fitzsimmons Systems will work directly with Turning Mills Consultants, Inc., the engineering and procurement contractor engaged to manage the implementation through completion of the New Hampshire facility.
Fitzsimmons Systems, http://www.fuel-tanks.com, headquartered in Tully, NY, is a major supplier for fuel systems to the U.S. Department of Defense. They have supplied alternative fuel systems and equipment to many of the nationally known biofuels technology providers and engineering procurement contractors in the U.S. for many years.
"Fitzsimmons Systems is a recognized leader in the Bio-Diesel industry and we are looking forward to working with them. Developing strategic relationships with Fitzsimmons Systems and Turning Mills gives Amelot Holdings a tremendous set of resources to execute the Company's long term strategy to develop vertically integrated biofuels facilities," states Allen Giles, President of Amelot Holdings.
"We are very pleased to formalize our agreement with Amelot Holdings. This gives our company the ability to leverage our experience and the capability to develop and provide new products and services to help Amelot Holdings establish itself as a competitive biofuels producer," states Todd Fitzsimmons, President of Fitzsimmons Systems.
Turning Mills Consultants, Inc., based in Sandwich, MA, has a long history of providing engineering, procurement contracting services for companies such as Bechtel, General Dynamics, AT&T and Verizon. They are licensed to provide contracting services in 32 states across the U.S.
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 (ACG), Amelot Engineering and Development (AED) 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.