H2Diesel Announces Agreement With eBartonLLC to Market its Alternative Bio- Fuel to Power Producers in North America
2007年4月26日 - 10:00PM
PRニュース・ワイアー (英語)
HOUSTON, Texas, April 26 /PRNewswire-FirstCall/ -- H2Diesel
Holdings, Inc. (OTC:HTWO) (BULLETIN BOARD: HTWO) today announced an
agreement with eBartonLLC, a renewable energy finance and
transaction structuring company, to assist H2Diesel in marketing
its alternative bio-fuel to utilities and independent power
producers in North America. H2Diesel holds an exclusive license to
proprietary technology for the manufacture of bio-fuel from
renewable vegetable oils and animal fats that is intended to be
marketed as a new class of bio-fuel or fuel additive for power
generation, heavy equipment, marine use and as a heating fuel. The
Company believes the significant potential for its technology is
reflected in the growing consumption of bio-fuel. David A.
Gillespie, President and CEO of H2Diesel, said, "eBarton has the
unique combination of long-standing relationships at the highest
levels within the power generation industry, established
affiliations with experts in renewables, emerging energy
technologies and risk management to support its activities. We're
excited to be working with Kim Johnson, president of eBarton, who
has used her extensive energy industry expertise to play a vital
role arranging long term sales contracts and capital for emerging
renewable companies. I look forward to working with Kim as we seek
to establish initial production capability and distribution
channels for our proprietary bio-fuel." Kim Johnson, President of
Delray Beach, Florida-based eBarton LLC said, "H2Diesel's
proprietary technology has the potential to be a breakthrough
technology in the alternative fuels sector. I am excited by the
opportunity to help H2Diesel further its strategic plans to
establish a leadership position in the growing bio-fuel industry."
Prior to founding eBarton, Ms. Johnson has served in executive
positions in the energy industry for 25 years, with such companies
as Aquila, Shell Trading Gas & Power, Catex Coral Energy, Catex
Vitol Gas, and Diamond Shamrock. Ms. Johnson co-founded Tyr Energy
an asset management firm with over $3.5 billion in energy assets.
About eBartonLLC eBartonLLC is a privately-held leading renewable
energy company and financier. eBarton has specialized in the
structuring and capitalization of a diverse portfolio Green Energy
companies in biofuels, IGCC, next-generation hydro-electric power
and other Green technologies since the passage of the 2005 Energy
Act. eBarton leverages the three decade experience in energy of its
president; Kim L. Johnson, a recognized industry leader. eBarton's
corporate details may be found at http://www.ebarton.com/ About
H2Diesel Holdings, Inc. H2Diesel is a development stage company
that holds an exclusive license for North America, Central America
and the Caribbean to proprietary technology for the manufacture of
an alternative "bio-fuel" from domestically produced vegetable oils
and animal fats that is intended to be marketed as a new class of
bio-fuel or fuel additive for power generation, heavy equipment,
marine use and as a heating fuel. The Company further believes its
proprietary bio-fuel will provide a cheaper, renewable alternative
energy source with significantly lower emissions than traditional
fuels and a cleaner and more efficient alternative to heating oil.
H2Diesel's business model calls for the establishment of bio-fuel
production facilities directly and through sublicensing of its
technology to qualified licensees. Forward Looking Statements This
news release contains forward-looking statements. These forward-
looking statements concern the operations, prospects, plans,
economic performance and financial condition of H2Diesel Holdings,
Inc. (the "Company") and are based largely on the Company's 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 the Company's 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 the Company's Annual Report on Form
10-KSB for the fiscal year ended December 31, 2006. In particular,
the ability of the Company to complete its initial production
facility will be subject to uncertainties regarding, among others,
obtaining necessary financing for the construction and complexities
related to the Company's bio-fuel which has not yet been produced
on a commercial scale. CONTACT: David Gillespie, President &
CEO Carl Hymans H2Diesel Holdings, Inc. G. S. Schwartz & Co.
H2Diesel, Inc. 212-725-4500 ext. 304 713-973-5720 DATASOURCE:
H2Diesel Holdings, Inc. CONTACT: David Gillespie, President &
CEO of H2Diesel Holdings, Inc., +1-713-973-5720; or Carl Hymans of
G. S. Schwartz & Co., +1-212-725-4500 ext. 304, , for H2Diesel
Holdings, Inc.
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