CHEYENNE, Wyo., Dec. 14, 2006 (PRIME NEWSWIRE) -- Amelot Engineering and Development, a division of Amelot Holdings, Inc. (Pink Sheets:AMHD), is pleased to announce that they have signed an agreement with Turning Mill Consultants, Inc., to be the Engineering Procurement Contractor. Turning Mill Consultants, Inc. will be managing Amelot Alternative Energy, Inc.'s New Hampshire Bio-Diesel processing facility from implementation through completion.
Turning Mill Consultants, Inc. (www.turningmillconsultants.com), based in Sandwich, MA has a long history of providing Engineering Procurement Contracting services for companies such as Bechtel, General Dynamics, AT&T and Verizon. They are licensed to provide Engineering and Contracting services in 32 states across the U.S.
"Working with Amelot on this project is a great opportunity for Turning Mill to leverage its breadth of engineering capabilities and resources to take over and bring this facility on-line in a methodical and timely fashion," stated Michael Joyce, President of Turning Mill Consultants, Inc.
"I'm extremely excited to have an experienced and professional organization such as Turning Mill on board to bring this facility on-line. The depth of engineering diversity and experience made it an easy decision," stated Allen Giles, President of Amelot Holdings, Inc.
About Amelot Holdings, Inc.:
Amelot Holdings, Inc. (www.amelotholdings.com), a publicly traded company, is a diversified holding company that has identified a projected $20 billion opportunity to manufacture renewable fuels to supply the growing demand and to reduce the dependency and environmental impact of fossil fuels. Amelot Alternative Energy Group, a wholly owned subsidiary of Amelot Holdings, Inc., is focused on the production of these renewable fuels, with an emphasis on Bio-Diesel. Amelot Holdings, Inc. also owns the following alternate energy and renewable fuel companies: Amelot Commodities Group (ACG), Amelot Engineering and Development (AED) and Amelot Alternative Energy, Inc.
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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.