President of Amelot Holdings Speaks On Renewable Fuels


CHEYENNE, Wyo., Oct. 31, 2006 (PRIMEZONE) -- Amelot Holdings, Inc. (Pink Sheets:AMHD) is pleased to announce that Allen Giles, its President, will be a guest presenter for the Cape Cod Renewable Fuels Partnership, this evening at the Provincetown Town Hall.

The Partnership will present information and field questions on basics of renewable fuels, the Renewable Fuels Partnership and its recommended implementation plan and presentation of the Partnership Declaration of Support (http://www.provincetown-ma.gov/twn_mtg/0611/Renewable.pdf) for Cape Cod, MA.

"I am very happy to give my time to an organization that is so committed to the education and fostering of the use of renewable fuels," said Allen Giles, President of Amelot Holdings, Inc.

About the Cape Cod Renewable Fuels Partnership

This group is a collaboration of Federal, State, County, Municipalities agencies and many of the region's stake holders, formed to identify potential renewable fuel markets, infrastructure needs, develop recommendations required to make the use of renewable fuels viable and maximize economic benefits through the development of cooperative efforts.

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.



            

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