The Alternative Energy Technology Center, Inc. (OTC:AETE) announced today that it is currently negotiating a contract for the first commercial production of cellulosic biocrude in the United States. The biocrude will be manufactured from true cellulosic biomass such as sawdust and switchgrass. Biocrude is a cellulosic biofuel that can be burned in certain large commercial engines.
“We expect our biocrude product to demonstrate both the validity of our technology and the efficiency of cellulosic biofuels as part of America’s energy future,” stated Brown Marks, CEO of AETE. “Building on the technology we acquired through Meridian Biorefining, we are developing America’s first truly integrated biorefining capability,” he added.
The Company: The Alternative Energy Technology Center, Inc. (OTC:AETE), based in The Woodlands, TX , is a technology company focused on biofuels and alternative energy technologies. It is developing the first true biorefinery in the U.S. It will focus on technologies using renewable energy inputs from non-food energy sources and on technologies that can be scaled up to efficiently address the post-petroleum energy needs of the United States. For more information see, www.Altenergytechcenter.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.
The Alternative Energy Technology Center, Inc., Houston
David
Mordekhay, 832-358-0203
www.altenergytechcenter.com