ALL Fuels & Energy Announces Super Enzyme Makes Progress With Research and Development Institution.First Super Enzyme Testing Process Remains on Track DES MOINES, Iowa “Des Moines” redirects here. For other uses, see Des Moines (disambiguation). Des Moines (pronounced /dɪˈmɔɪn/ in English, -- ALL Fuels & Energy announced that it has recently made significant progress in its search for a research and development institution that would host the company's super enzyme research and development. ALL Fuels & Energy is in the final stage of evaluating a suite of agreements from an institutional research and development institution that would provide the definitive road map to the super enzyme research and development process. The company believes it will reach an agreement with this institution in the near future. Additionally, the company stated that its previously announced testing on its first selected super enzyme remains on course for completion in May 2008. ALL Fuels & Energy believes that the super enzyme could reduce ethanol ethanol (ĕth`ənōl') or ethyl alcohol, CH3CH2OH, a colorless liquid with characteristic odor and taste; commonly called grain alcohol or simply alcohol. production cost to less than $1 per gallon if proven successful in upcoming trials. New plant construction cost, including ALL Fuels & Energy's current Iowa plant in development, could potentially be reduced by nearly 30% using this new super enzyme technology. About ALL Fuels & Energy Company Visit the company online at: www.allfuelsandenergy.com. ALL Fuels & Energy Company (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AFSE AfSE Association for Supported Employment (UK) AFSE Association Française de Sciences Économiques AFSE Association Franco-Slave des Etudiants AFSE Association Française du Syndrome d’Evans AFSE Angel Flight Southeast, Inc. ) is a development-stage ethanol company organized to operate as an ethanol producer, focusing primarily on the production and sale of ethanol and its co-products. To date, AFSE has: obtained $2.3 million in private equity funding Equity funding An investment consisting of a life insurance policy and a mutual fund. The insurance policy is paid by the collateral value of fund shares, giving the investor the advantages of insurance protection with the growth potential of a mutual fund. ; purchased 150 acres on which to build its proposed ethanol production facility in Manchester, Iowa Manchester is a city in Delaware County, Iowa, United States. The population was 5,257 at the 2000 census. As of the 2005 population estimates, Manchester's population was 5,052. It is the county seat of Delaware CountyGR6. ; signed a five-plant engineering and design agreement; engaged Natural Resources Group to handle water-related environmental matters relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the proposed Manchester ethanol production facility; engaged Yaggy-Colby to handle air-related environmental matters relating to the proposed Manchester ethanol production facility; and investigated and become involved in the potential acquisition of one or more existing ethanol production facilities. Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. Certain matters discussed in this press release are "forward-looking statements." These forward-looking statements can generally be identified as such because the context of the statement will include words such as "expects," "should," "believes," "anticipates" or words of similar import. Similarly, statements that describe AFSE's future plans, objectives or goals are also forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties, including the ability of AFSE to obtain needed financing, as well as the financial performance of AFSE, which could cause actual results to differ materially from those anticipated. Although AFSE believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, it cannot give any assurance that such expectations will be fulfilled ful·fill also ful·fil tr.v. ful·filled, ful·fill·ing, ful·fills also ful·fils 1. To bring into actuality; effect: fulfilled their promises. 2. . Shareholders, potential investors and other readers are urged to consider these factors carefully in evaluating any forward-looking statements. Certain factors could cause results and conditions to differ materially from those projected in these forward-looking statements. These factors are not exhaustive. New factors, risks and uncertainties may emerge from time to time that may affect the forward-looking statements made herein. These forward-looking statements are only made as of the date of this press release, and AFSE does not undertake any obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances CIRCUMSTANCES, evidence. The particulars which accompany a fact. 2. The facts proved are either possible or impossible, ordinary and probable, or extraordinary and improbable, recent or ancient; they may have happened near us, or afar off; they are public or . |
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