CHEYENNE, Wyo., Jan. 9, 2007 (PRIME NEWSWIRE) -- Amelot Holdings, Inc. (Pink Sheets:AMHD) is pleased to announce that the Company has formally applied for membership with the National Biodiesel Board. Application and acceptance will provide Amelot Alternative Energy, Inc., a wholly owned subsidiary dedicated to the production of biofuels, access to EPA documentation and permits required to become a registered producer of biodiesel. The National Biodiesel Board is the national trade association representing the biodiesel industry as the coordinating body for research and development in the United States.
The National Biodiesel Board is organized exclusively to promote the common business interests of those parties seeking to advance the use of biodiesel as a fuel or fuel additive that meets ASTM standards. To advance these common interests, the National Biodiesel Board will admit to membership, on a nondiscriminatory basis, any industry member or supporter who meets the member requirements. National Biodiesel Board's membership is comprised of state, national, and international feedstock and feedstock processor organizations, biodiesel suppliers, fuel marketers and distributors, and technology providers. www.biodiesel.org.
ASTM International, originally known as the American Society for Testing and Materials, is one of the largest voluntary standards development organizations in the world and is a trusted source for technical standards for materials, products, systems, and services. Known for their high technical quality and market relevancy, ASTM International standards have an important role in the information infrastructure that guides design, manufacturing and trade in the global economy.
"This is an extremely important next step in turning up our first facility in New Hampshire. The National Biodiesel Board is the national trade association representing the biodiesel industry as the coordinating body for research and development in the United States. I'm looking forward to participating in this organization and leveraging their resources to become an industry leader," said Allen Giles, President of Amelot Holdings, Inc.
About Amelot Holdings, Inc.: Amelot Holdings, Inc. (http://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) 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.