AMHD HLK Biotech Holding Group Inc (CE)

Amelot Holdings, Inc. (PINKSHEETS: AMHD) today announced that it is now ready to move forward and will concentrate on increasing revenues from current operations and in addition to seeking new sources.

This week, a brief trip to our facility in Barbados will be made. We will be looking for ways in increasing production, implementing a marketing and awareness program, and cutting production costs.

Meetings were held last week regarding the Jatropha project in Ghana. A plan is being worked on to begin a pilot program, in order to obtain more accurate costs, find the most economical ways to plant and better position ourselves to obtain funding for program expansion. "I am willing to invest in this program on a small scale. Once I can determine the kind of return that can be made for our investment, I will proceed accordingly," stated Fred Guarnieri, President and CEO.

"Since becoming President, I have dealt with most of the company's creditors, and I have had success in eliminating almost $45,000 of debt from our balance sheet. The debt was settled at a discount, saving the company approximately $20,000. Compared to most pink sheet companies, we now have little remaining debt," Mr. Guarnieri added.

Last year, a lawsuit was filed against Fitzsimmons Systems Inc and Lowell "Todd" Fitsimmons in the amount of $1,212,500. The Fitzsimmons case is presently in the discovery stages, and we are waiting for their response to our discovery demands, which is due by August 15, 2009. Depositions shall follow shortly thereafter.

"The last six weeks have been spent working on building a good foundation, in order to build a better company. I would like to thank you for your support, understanding, and patience during this transition period," Mr. Guarnieri concluded.

About Amelot Holdings, Inc. (PINKSHEETS: AMHD):

Amelot Holdings, Inc. (http://www.amelotholdings.com), a publicly traded company, is a diversified holding company that has identified Biodiesel as a multi-billion emerging Biofuel market. Amelot plans to have a significant market share in growing low cost feedstocks to supply the growing demand for biodiesel, to reduce energy dependency of fossil fuels, to help reduce the U.S. dependency on foreign oil supplies and reduce the impact of energy on our environment.

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.

Contact: Amelot Holdings, Inc. 1(866)-669-8373 support@amelotholdings.com http://www.amelotholdings.com