Consolidated Energy Announces That it Has Completed an Audio Presentation for MacReport.Net


MIAMI, Sept. 27, 2005 (PRIMEZONE) -- Consolidated Energy & Technology Group, Inc. (Pink Sheets:CGGE) announced today that its CEO Seamus Lagan and CGGE are featured on the MacReport.Net, a leading provider of online business and financial information. "Through our presence on the MacReport.Net, CGGE continues its effort to increase the company's exposure and distribute information to the investment community. This is a great platform for our company to inform shareholders as well as potential investors while delivering our story in a way that is both intimate and efficient," stated the CEO.

To hear the presentation click the link below: http://www.publiccoreport.net/featured/CGGE/company.asp

The MacReport.Net is an information and media company that provides a Web-based forum for public and private issuers to communicate corporate audio and video news content to the business, financial and investing community through its Web site, located at http://www.macreport.net. The MacReport.Net also plans to provide creative and production services to develop visual events ranging from live coverage of merger announcements to public relations campaigns to new product introductions.

Consolidated Energy is a holding company in the business of acquiring and developing proven technologies which seek to provide sought-after solutions to current environmental problems in our modern world, with special emphasis on alternative energy, waste management and land remediation.

Consolidated Energy will provide turnkey solutions in the waste sector and at the same time use these resources to provide alternative energy and other products.

Further information about Consolidated Energy can be found at www.cetg-inc.com.

NOTE: Statements made by Consolidated Energy & Technology Group, Inc. that are not purely historical are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve a variety of risks and uncertainties, including, without limitation, statements with respect to the Company's strategy and prospects. These statements are made based upon information available to the Company at the time, and the Company assumes no obligation to update forward-looking statements. Readers and investors are cautioned that the Company's actual results may differ materially from those described in the forward-looking statements due to a number of factors including, but not limited to, (1) demand for the Company's products and services; (2) the Company's ability to develop and launch its markets; (3) changes in the current and future business environment, including interest rates and capital and consumer spending; (4) the impact of competitive products and pricing; (5) reliance on key strategic alliances; (6) the availability of funding and skilled personnel; (7) the regulatory environment; (8) risks associated with start-up businesses; and (9) the impact of yet unknown competitors, technological obsolescence, problems with technology, problems with shipment, inadequate supplies and business opportunities.


            

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