NEW YORK, Aug. 21, 2007 (PRIME NEWSWIRE) -- Wall Street Reporter Magazine recently published an exclusive interview with two top executives from EarthFirst Technologies Inc. (OTCBB:EFTI) --President/CEO John Stanton and Senior Vice President Nick Massari -- in which they explain that after close to a decade of R&D, they're ready to take their unique biofuel production processes to the next level.
"We're excited this year to go forward with our Green Now initiative, which basically showcases and brings forward two of our technologies," Mr. Massari tells Wall Street Reporter senior analyst Todd Santorelli.
The 12-minute interview is now available at wallstreetreporter.com in streaming audio and downloadable format -- both free of charge -- and is also the featured interview on the Wall Street Reporter home page.
Highlights include discussion of the following topics:
* The company's decision to establish the first U.S. bio-refinery, which will convert palm oil into at least 30 million gallons of biodiesel and other high-quality hydrocarbon products a year. "We are not a pure-play biodiesel facility," Mr. Massari says. "We will be making multiple products." * Plans to commercialize the company's unique system for converting tires to oil and carbon black. "A single plant would be capable of processing 2-3 million tires a year and produce 2.5-3 million gallons of oil," Mr. Massari says. "It's not a twinkle in our eye; it's a proven process." * Management's extensive environmental credentials.
"We believe the biofuels and biodiesel and ethanols play a very important role in the future not just for energy independence away from crude oil and fossil fuel but also for the very positive effect that the use of those fuels has on emissions," Mr. Stanton tells WSR.
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Wall Street Reporter (Est. 1843) helps smart investors connect with exciting companies, through our website, magazines and conferences. We're probably best known for our exclusive interviews with industry-leading CEOs and the world's top investment experts.
About EarthFirst Technologies Inc.
EarthFirst Technologies is a specialized holding company engaged in researching, developing and commercializing technologies for the production of alternative fuel sources and the destruction and/or remediation of liquid and solid wastes, and in supplying electrical contracting services to commercial and government customers internationally.
Forward-Looking Statements
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated.