KANSAS CITY, Mo., Feb. 12, 2007 (PRIME NEWSWIRE) -- Kansas City-based Alternative Energy Sources Inc. (OTCBB:AENS) held its first board meeting on Feb. 8 at its offices in Kansas City.
The board voted to hold the annual shareholder meeting of AENS at 10 a.m. May 10 at 1911 Central St. in Kansas City's Crossroads District. Shareholders are invited to attend.
In other business, the board voted to change the titles of the two founders. Mark Beemer, previously president and chief executive officer, is now CEO and chairman of the board. Lee Blank, previously executive vice president and chief operating officer, is now president and COO.
The board's five independent directors also attended the meeting: James L. Spigarelli, Ph.D., president and chief executive officer of Midwest Research Institute; Mike Espy, former secretary of the U.S. Department of Agriculture; John McNamara, former global president of Archer Daniels Midland; W. Gordon Snyder, former head of sales and marketing at American Century Investments; and Douglas D. Wilner, an executive with experience in the energy business, including biofuels.
AENS is developing "greenfield" sites, including constructing, owning and operating fuel-grade ethanol plants. For information: www.aensi.com.
The Alternative Energy Sources Inc. logo is available at http://www.primezone.com/newsroom/prs/?pkgid=2961
Forward-Looking Statements: This release contains "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, These statements are based on management's expectations, estimates, projections and assumptions. You can identify these statements by the fact that they do not relate strictly to historic or current facts. They use words such as "will," "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," "target," "forecast" and similar words in connection with any discussion of future operating or financial performance. Forward-looking statements are inherently subject to known and unknown risks and uncertainties that may cause actual results to be materially different from those discussed including, but not limited to, our inability to secure or generate sufficient operating cash flow to adequately maintain our generating facilities and service our debt, commodity pricing, intense competition for undervalued generating assets, environmental risks and general economic conditions and other financial, operational and legal risks and uncertainties detailed from time to time in the Company's SEC filings. Any forward-looking statements speak only as of the date of this release. We assume no obligation to update any forward-looking statements to reflect any event or circumstance that may arise after the release date.