ATNE Alternative Energy Technology Inc (CE)

Alternative Energy Technology, Inc. (PINK SHEETS:ATNE) makes reference to its August 13, 2008 press release whereby it stated the following: �Alternative Energy Technology, Inc. (PINKSHEETS: ATNE) is pleased to announce the submission of Information Disclosure Document (Form 15c2-11) dated August 12, 2008 to market makers. Approval of Form 15c-211 allows ATNE.PK to be listed on �Pink Sheets Current Information�, as opposed to the Grey market, making the Company�s stock more attractive to potential investors.� The CORRECT INFORMATION is: Alternative Energy Technology, Inc. (PINKSHEETS: ATNE) is pleased to announce the submission of Initial Company Information and Disclosure Statement dated August 12, 2008 to several market makers. SEC Rule 15c2-11 requires that, before a broker or dealer publishes proprietary quotes on a quotation medium, it must gather, review, and retain certain information about the issuer. The market maker(s) must file a Form 211 with the NASD OTC Compliance Unit, along with two copies of the required issuer information. After a successful review, the NASD Compliance Unit will notify the market maker(s) that it may enter a quotation on the Pink Sheets. Furthermore, in order to achieve Pink Sheets Current Information status additional disclosure is required. About Alternative Energy Technology, Inc. The Alternative Energy Technology, Inc. (PINKSHEETS: ATNE), based in The Woodlands, Texas, is a technology company focused on biofuels and alternative energy technologies. It is developing the first true vertically integrated cellulosic platform biorefinery in the United States. It will focus on renewable dedicated feedstocks from non-food energy sources, coupled with technologies scaled to efficiently address transportation fuels and energy needs of the United States. The Company�s integrated technologies platform provide the ability to convert cheap, abundant cellulosic plant material into a variety of transportation fuels and chemical products allowing ATNE to efficiently address a part of America�s energy needs. America�s energy future must be built on non-food related renewable fuels, produced at lower costs. ATNE�s vertically integrated biorefining technology delivers the answer to this pressing need. 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.