Renewable Energy Stocks Showcase Company; Industrial Biotechnology Corporation Provides Environmental Solutions With Sugarcane Ethanol Energy and Chemicals

POINT ROBERTS, WA and DELTA, BC--(Marketwire - July 31, 2008) - www.RenewableEnergyStocks.com, a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents featured showcase renewable company Industrial Biotechnology Corporation (PINKSHEETS: IBOT), a company utilizing sugarcane ethanol for energy solutions and a base for environmentally friendly chemicals for consumer packaging, energy, agricultural, pesticides, materials and polymer industries.

Sugarcane ethanol addresses concerns related to other ethanol sources that affect food and water consumption.

The Company is positioned with Brazilian joint venture projects partner, Cosan SA, (Market, News) the world's largest sugarcane processor.

The Company recently announced the formation of subsidiary, Renewable Chemicals Corporation (RCC) to produce chemicals using sugar-cane based ethanol as feedstock source material, vs. petroleum.

Heated global debates on tariffs on Brazilian sugarcane ethanol are making headlines as the world takes note of Brazil's success in creating an eco-friendly and energy independent environment.

Brazilian Sugarcane Industry Association CEO Marcos Jank recently remarked, "In recent weeks, reports by diverse organizations such as FAO, Oxfam, the World Bank, the U.S. Federal Reserve and now the OECD highlight the vital role that Brazilian sugarcane ethanol has in emission reduction as well as economic development. Through competition, not subsidies or trade distortions, gasoline is now the alternative fuel in Brazil, as drivers choose lower costs and less emissions with sugarcane ethanol."

About Industrial Biotechnology Corporation (PINKSHEETS: IBOT): Industrial Biotechnology Corporation provides products, services and technologies using renewable resources as an alternative to petroleum. IBC utilizes sugarcane-based ethanol which is considered the leading cost efficient, energy balanced and environmentally sustainable feedstock source, when compared to petroleum and other alternative fuels. IBC will provide these cost competitive, environmentally responsible solutions via its operating subsidiaries Renewable Chemicals Corporation (RCC) and Renewable Fuels of America Corporation (RFAC).

For more information on Industrial Biotechnology Corporation visit the Investorideas.com showcase at: http://www.investorideas.com/CO/IBOT/Default.asp and the company's website at: http://www.industrialbiotechnology.com/

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