BOISE, Idaho, May 3, 2010 (GLOBE NEWSWIRE) -- Alternate Energy Holdings, Inc. (OTCBB:AEHI) today announced an open house and press conference for its first, recently completed, Energy Neutral™ home, located in Boise.
| Date: | Monday, May 3, 2010 |
| Time: | 2:00 PM local time (4:00 PM ET) |
| Address: | 12963 Scotfield Ct., Boise ID 83713 |
Don Gillispie, CEO of Alternate Energy Holdings, commented, "Energy Neutral™ began building this home in November 2009 and within a few months we had accomplished our goal -- not just a highly efficient, energy-conscious home using renewables, but most importantly, a home that produces its own power and remains affordable."
The Energy Neutral home will remain a model for several months after which it will be sold at a competitive price compared with traditional homes of similar size on the market in nearby neighborhoods that lack the sophisticated energy-conservation technologies of this home. Mr. Gillispie continued, "People of all income levels will soon have the ability to buy a renewable home that can start paying for itself the moment it's turned on."
Open house participants will have the opportunity to walk through this unique home, ask questions and view every aspect of its power-saving and power-creating amenities. In addition, a big screen TV connected to the Internet displays comprehensive data on exactly how much power the home is creating as well how much power is being consumed by each electrical device in the home.
A map and directions to the site are available on the company's website: http://www.energyneutralinc.com/projects.aspx
About Alternate Energy Holdings, Inc. (http://www.alternateenergyholdings.com/) -- Alternate Energy Holdings develops and markets innovative clean energy sources. The company is the nation's only independent nuclear power plant developer seeking to build new power plants in multiple non-nuclear states. Other projects include Energy Neutral, which removes energy demands from homes and businesses (http://www.energyneutralinc.com/), Colorado Energy Park (nuclear and solar generation), and International Reactors, which assists developing countries with nuclear reactors for power generation, production of potable water and other suitable applications. AEHI China, headquartered in Beijing, develops joint ventures to produce nuclear plant components and consults on nuclear power. AEHI Korea, Seoul, is assisting KEPCO (Korea Electric Power Corporation) to export their APR 1400 reactor into the U.S. and achieve NRC design certification.
"Safe Harbor" Statement: This press release may contain certain forward-looking statements within the meaning of Sections 27A & 21E of the amended Securities and Exchange Acts of 1933-34, which are intended to be covered by the safe harbors created thereby. Although AEHI believes that the assumptions underlying the forward-looking statements contained herein are reasonable, there can be no assurance that these statements included in this press release will prove accurate. As a result, investors should not place undue reliance on these forward-looking statements.