OSTERVILLE, Mass., April 19, 2007 (PRIME NEWSWIRE) -- Amelot Holdings, Inc. (Pink Sheets:AMHD), a leading manufacturer of Renewable Fuels to reduce dependency of fossil fuels today reported that the Company has received a purchase order from Loud Fuel of Falmouth, MA to supply 24,000 gallons of biodiesel for the month of April.
Loud continues to review its forecast quantity each month with plans to move forward for the balance of the year. Amelot will supply this product from third party producers until Amelot facilities come online.
"The success of this purchase order with Loud in the New England area is a perfect example of Amelot's biodiesel unique performance characteristic which can attain rapid and widespread adoption by additional fuel providers in this area. Loud Fuel has become a strategic partner in the development and implementation of Amelot's strategy in the Northeast; their input and guidance has been great help to us," commented Allen Giles, president of Amelot Holdings, Inc.
"Amelot's management has taken the time to listen and understand what is important to a regional distributor like Loud: our operational needs and vital points securing our continuous success. I'm confident that such positive rapport will encourage us to consider the next step," stated Kabral Tasha, owner of Loud Fuel.
About Amelot Holdings
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 biodiesel. Amelot Holdings, Inc. also owns the following alternate energy and renewable fuel companies: Amelot Commodities Group, and Amelot Alternative Energy, Inc.
The Amelot Holdings, Inc. logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=2149
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.
Internet address is http://www.amelotholdings.com.