ALL Fuels & Energy (AFSE) announced that it has entered into agreements with two privately-held infrastructure technology firms, whereby AFSE and its business partners would apply proprietary, patent-pending technologies to facilitate its vision of constructing multi-purpose pipelines capable of transporting all forms of alternative fuels, including ethanol. The technology embodied in this alliance allows the pipeline to be kept "clean" and capable of moving various fuel types: ethanol, biodiesel, liquid nitrogen, and other industrial/agricultural liquids. AFSE believes the use of a multi-purpose pipeline can dramatically reduce transportation costs currently associated with bringing alternative fuels to market.
“The multipurpose pipeline brings transportation cost savings and improved channels to market for biofuels. The three-company alliance has begun the process of securing the capital needed to begin the first of five planned phases of operations, for which ALL Fuels & Energy and its alliance partners have engaged Trinity Capital LLC,” said Dean Sukowatey, President/CEO, ALL Fuels & Energy.
About ALL Fuels & Energy Company
Visit the company online at: www.allfuelsandenergy.com. ALL Fuels & Energy Company is a development-stage ethanol company organized to operate as a producer of ethanol and its co-products, value added cost saving efficiencies and improved channels to market in the biofuels industry.
Safe Harbor Statement
This press release contains statements that may constitute forward-looking statements, including the company's ability to successfully acquire one or more ethanol production facilities. These statements are based on current expectations and assumptions and involve a number of uncertainties and risks that could cause actual results to differ materially from those currently expected. For additional information about ALL Fuels & Energy's future business and financial results, refer to ALL Fuels & Energy's Annual Report on Form 10-KSB for the year ended December 31, 2007. ALL Fuels & Energy undertakes no obligation to update any forward-looking statements that may be made from time to time by or on behalf of the company, whether as a result of new information, future events or otherwise.
Contacts:
Dean Sukowatey, 515-331-6509
dean@allfuelsandenergy.com
