New Generation Biofuels CEO to Appear Today on Fox Business News
02 Julio 2008 - 8:30AM
PR Newswire (US)
HOUSTON, July 2 /PRNewswire-FirstCall/ -- New Generation Biofuels
Holdings, Inc. (AMEX:GNB), a renewable fuels provider, today
announced that New Generation Biofuels' President & CEO, David
A Gillespie, will be interviewed today on Fox Business News at 3:20
pm EDT (please consult your cable listings for the Fox Business
News Channel or go to
http://www.foxbusiness.com/channel_finder.html). The segment will
provide an overview of New Generation Biofuels and the Company's
new class of biofuel. Mr. Gillespie stated, "We believe that our
renewable New Generation Biofuel can improve air quality and
significantly reduce our customers' overall emissions when compared
to burning traditional fossil fuels. Our unique new blending
process provides the opportunity for our customers to switch to our
fuel without significant expense or modification to their
facilities. We are finding that the low levels of NOx, sulphur and
particulate emission from our product are sought after requirements
from facility owners in a next generation biofuel. We recently
announced our first commercial contract with a large independent
power producer. We see this as a significant development, and we
are looking forward to further validation of our New Generation
Biofuels technology." About New Generation Biofuels Holdings, Inc.
New Generation Biofuels is a renewable fuels provider. We hold an
exclusive license for North America, Central America and the
Caribbean to commercialize proprietary technology to manufacture
alternative biofuels from vegetable oils and animal fats that we
intend to market as a new class of biofuel for power generation,
heavy equipment, marine use and as heating fuel. We believe our
proprietary biofuel can provide a cheaper, renewable alternative
energy source with significantly lower emissions than traditional
fuels. Our business model calls for establishing direct sales from
manufacturing plants that we may purchase or build and sublicensing
our technology to qualified licensees. Forward Looking Statements
This news release contains forward-looking statements. These
forward-looking statements concern our operations, prospects,
plans, economic performance and financial condition and are based
largely on our current beliefs and expectations. These statements
involve known and unknown risks, uncertainties and other factors
that may cause actual results to be materially different from any
future results expressed or implied by such forward-looking
statements. The risks and uncertainties related to our business
include all the risks attendant a development stage business in the
volatile energy industry, including, without limitation, the risks
set forth under the caption "Risk Factors" in our Annual Report on
Form 10-K for the fiscal year ended December 31, 2007. CONTACT:
David Gillespie, President & CEO New Generation Biofuels, Inc.
713-973-5720 Rob Schatz Wolfe Axelrod Weinberger Associates, LLC
212-370-4500 DATASOURCE: New Generation Biofuels Holdings, Inc.
CONTACT: David Gillespie, President & CEO of New Generation
Biofuels, Inc., +1-713-973-5720; or Rob Schatz of Wolfe Axelrod
Weinberger Associates, LLC for New Generation Biofuels, Inc.,
+1-212-370-4500 Web Site:
http://www.foxbusiness.com/channel_finder.html
Copyright
New Gen Biofuels (AMEX:GNB)
Gráfica de Acción Histórica
De May 2024 a Jun 2024
New Gen Biofuels (AMEX:GNB)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024
Real-Time news about New Gen Biofuels (American Stock Exchange): 0 recent articles
Más de New Gen Biofuels Artículos de Noticias