CHEYENNE, Wyo., July 20, 2006 (PRIMEZONE) -- Amelot Holdings, Inc. (Pink Sheets:AMHD) is pleased to announce that its wholly owned subsidiary, Amelot Alternative Energy, Inc., has received an account approval from Ashland Specialty Chemical.
Ashland Specialty Chemical, a division of Ashland Inc. (NYSE:ASH), is a leading, worldwide supplier of specialty chemicals. A Fortune 500 company, Ashland has sales and operations throughout the United States and in more than 120 countries around the world.
"We are pleased to be purchasing our chemicals from Ashland. Ashland's experience in the industry will help streamline operations. Establishing a relationship with a Fortune 500 company is just one way of showing the type of quality business relationships we are building. These relationships will help provide the synergies for Amelot to become a leader in the Industry," stated Aziz Hirji, President of Amelot Holdings.
About Amelot Holdings, Inc.
Amelot Holdings, Inc. is a diversified holding company focused on Alternative Energy and Bio-fuels.
The Amelot Holdings, Inc. logo is available at http://www.primezone.com/newsroom/prs/?pkgid=2149
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.