CHEYENNE, Wyo., Feb. 1, 2007 (PRIME NEWSWIRE) -- Amelot Holdings, Inc. (Pink Sheets:AMHD) is pleased to announce that Amelot Commodities Group, a division of Amelot Holdings, Inc., has entered into contract negotiations with Import Export Global Operations, ImExGO, of Baton Rouge, LA to develop and manage sales opportunities of Bio-Diesel and finished products throughout the United States and the European Union.
Import Export Global Operations locates the commodities required to create alternative fuels. ImExGO's consultants help determine the appropriate commodity for a company's operations and assist in purchasing supplies at competitive prices from reliable suppliers.
"ImExGO has the experience to market Amelot Holdings, Inc.'s alternative fuels. ImExGO would provide Amelot with sales management, contract negotiations and industry expertise that we could leverage to develop additional agreements for Amelot facilities," said Allen Giles, president of Amelot Holdings, Inc.
For more information about ImExGO, please visit: www.imexgo.com
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, 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.
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