CHEYENNE, Wyo., Nov. 7, 2006 (PRIMEZONE) -- Amelot Holdings, Inc. (Pink Sheets:AMHD) is pleased to announce that the Company's subsidiary, Amelot Alternative Energy, Inc., has moved in its reactor tank for their Bio-Diesel Production.
"We announced last week that we were going to use Cote Riggers Services to move our tanks and heavy equipment into our facility at 164 Burke Street, Nashua N.H. Yesterday Cote Riggers successfully moved in the reactor tank and set it in place. This is another step forward towards Amelot's production of Bio-Fuel. We anticipate our additional tank to be moved in over the next few weeks," said Allen Giles, president of Amelot Holdings.
About Amelot Holdings, Inc.
Amelot Holdings, Inc. is a diversified holding company focused on alternative energy and bio-fuels.
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.