CSBF Consolidated Biofuels Inc (CE)

In a continuing commitment to be fully informative, Consolidated Biofuels, Inc. (Pink Sheets:CSBF), an alternative fuels company, announced today through its CEO and President, Daniel Honeycutt, that the Company, as a component of its strategic planning process and after months of research and appropriate due diligence, has executed and finalized a five-year development, marketing and distribution agreement with Pure Ag Products. This initiative is a foresighted response to an obviously burgeoning domestic feedstock shortage. Within the agreement, Consolidated will have the exclusive right to market and distribute Pure Ag�s current line of patented soil enhancement and soil remediation products and application processes. Overall, we intend to work together to develop enhanced products and processes specifically designed and formulated to improve soy and other biomass fuel-related (ethanol) crop production in the agricultural communities located in a ten-state region located within the Mississippi Valley Corridor, the area generally acknowledged by the farming and biodiesel industries as the Soybean Belt of America. According to Mr. Pete Moss, V.P., Frazier Barnes & Associates (FBA Consulting), in a recent issue of Biodiesel Magazine, �The most important factor, and one that is seen as the greatest threat to large-scale biodiesel production, is the possibility of feedstock shortages.� We agree. Mr. Honeycutt further stated, �At the end of the day, we not only need to be a full value-added participant in the energy sector, we will also necessarily need to be an intrinsic and engaged participant in, and supporter of, the agricultural industry. Because we are commodity-driven, shortages are troubling. More is better. Increased production and increased quality of soy-based feedstock through soil enhancement absolutely benefits Consolidated�s strategic initiatives in very direct and meaningful ways, including ancillary revenue streams and very immediate access to captured local feedstock supplies and suppliers.� Mr. Gregory Karl, Managing Member, Pure Ag Products, stated, �We know, based on Consolidated�s obvious dedication to the use of cutting edge technologies to improve our world, and Pure Ag Products� experience with successfully developing products which are true marvels of biotechnology, that we will make a great combination.� About Pure Ag Products: Visit www.PureAgProducts.com for further information. About Consolidated Biofuels, Inc.: Consolidated Biofuels, Inc. is a development-stage, alternative fuels company that has aligned its business strategies, research, consulting, alternative fuels solutions and environmental strategies with the needs of the commercial transportation industry, including trucking, railway, barge and tanker shipping modalities. For further information visit our new website: http://www.CBioIntl.com This press release contains some forward-looking statements. Forward-looking statements involve estimates, projections, goals, forecasts, assumptions, risks and uncertainties that could cause actual results or outcomes to differ materially from those expressed in the forward-looking statements, and are current as of the date on which such statements are made. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. Forward-looking statements in this document should be evaluated together with the many uncertainties that affect our business.