LONDON, July 3, 2009 (GLOBE NEWSWIRE) -- Flex Fuels Energy, Inc. ("Flex Fuels" or the "Company") (OTCBB:FXFL) has provided an update on the Company's new strategic direction as a high growth potential, technology based group ("Update").
The Update can be downloaded from www.flexgp.com. The Company's new website at www.flexgp.com is expected to go live at some time in July, 2009 and will give more information.
The Update gives an overview of the recent history of the Company, actions taken in the first half of 2009 to address historical issues and the Company's plan to rebuild value for shareholders.
The Company intends to conduct investor meetings in autumn 2009 to expand on the Update and provide further information on the progress of its subsidiary businesses, including the WDX Organisation, Ltd.
About Flex Fuels Energy, Inc.
Flex Fuels is a diversified company with interests in the UK and mining exploration activities in British Columbia, Canada.
To find out more about Flex Fuels Energy (OTCBB:FXFL), visit our website at www.flexfuelsenergy.com.
The Flex Fuels Energy, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4085
Forward-Looking Statements
The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from acquisitions or actions in development are forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, such statements should not be regarded as a representation by the Company, or any other person, that such forward-looking statements will be achieved. Since the information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results. Flex Fuels Energy, Inc. disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. In light of the foregoing, readers are cautioned not to place undue reliance on such forward-looking statements.