NEW YORK and HARBIN, China, Feb. 17, 2011 (GLOBE NEWSWIRE) -- American Jianye Greentech Holdings, Ltd. (OTCBB:AJGH), a leading developer, manufacturer and distributor of alcohol-based automobile fuel and civil-use fuel in China, today announced that Mr. Jianye Wang, founder and senior advisor to American Jianye, has been invited on behalf of the company to attend the Renewable Fuels Association's 16th Annual National Ethanol Conference: "Building Bridges to a More Sustainable Future." This conference is recognized as the premier education and networking opportunity for the ethanol industry and will be held February 20-22, 2011, at the JW Marriott Desert Ridge in Phoenix.
The primary objective for participating in this conference is to build awareness of the tremendous value proposition created by American Jianye's technology. Mr. Wang will be focused on explaining the unique cost savings conferred by the company's proprietary approach to ethanol catalysts for a variety of proven gasoline and diesel applications that allow for fuel blends up to E85 (85% ethanol) without the need for costly engine modifications — the major differentiator for American Jianye's proprietary fuel blends.
Mr. Haipeng Wang, Chairman and President, commented, "The invitation and participation of our founder, Mr. Jianye Wang, at the forthcoming 2011 National Ethanol Conference is an important opportunity to interact with industry thought leaders in the ethanol industry that can benefit from our powerful technology. We believe this trip marks an important step forward in our planned expansion into markets outside mainland China."
About American Jianye Greentech Holdings
American Jianye Greentech Holdings, headquartered in Harbin, China, is a leading developer, manufacturer and distributor of alcohol-based fuel. The company's alcohol-based fuels burn with higher efficiency and significantly lower toxic waste emissions than unleaded gasoline. The unique combination of catalysts in the fuel enhance fuel octane rating and engine power, inhibit the premature oxidation of the fuel, help remove sediment in the carburetor, and prevent the erosion of the engine cylinder surface.
Additional information about the company is available at: www.americanjianyegroup.com.
This press release contains certain "forward-looking statements" relating to the business of the Company. These forward looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions. Such forward looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (www.sec.gov). All forward-looking statements attributable to the Company or to persons acting on its behalf are expressly qualified in their entirety by these factors other than as required under the securities laws. The Company does not assume a duty to update these forward-looking statements.