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Research Facility Procured for The Alternative Energy Technology Center, Inc.
HOUSTON-(Business Wire)-January 29, 2008 - The Alternative Energy Technology Center, Inc. (OTC:AETE) announced today that it has procured a research facility in The Woodlands, Texas. At its research facility, AETE will continue commercialization and research of its biomass refining technologies. The facility is 80' X 80' (6400 sq ft). The Corporation will also be relocating its offices to The Woodlands in February 2008.
"As we move our first commercial production unit from fabrication to operation, we are excited to have found an ideal environment in which to complete our research and design work," noted Mr. Brown Marks, President of AETE. "This facility will allow us operate our first commercial unit while finalizing the design of larger scale biorefining technologies," he noted.
"I welcome the opportunity to make a difference in America's alternative energy future," said Mr. Marks. "I expect AETE to quickly become a leader in the development and manufacture of alternative fuels from biomass," he added. "We expect to deliver solutions that will reduce the cost of energy while using nature friendly renewable feed-stocks," he concluded.
The Company: The Alternative Energy Technology Center, Inc. (OTC:AETE), based in The Woodlands, TX, is a technology company focused on biofuels and alternative energy technologies. It is developing the first true biorefinery in the U.S. It will focus on technologies using renewable energy inputs from non-food energy sources and on technologies that can be scaled up to efficiently addresses the post-petroleum energy needs of the United States.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.
