AlgoDyne Announces Launch of its First Eco-Stop Service Station.

LAS VEGAS -- AlgoDyne Ethanol Energy Inc. ("AlgoDyne" or the "Company") (OTCBB:ADYN) is pleased to announce that it has selected its first location to launch its Mobile Eco-Stop Service Station in Regina, Saskatchewan, Canada.

Over the past 6 weeks, AlgoDyne has been active in researching and establishing key business relationships in order to launch its Eco-Gas station concept. This location represents the first in a number of announcements planned this summer that begin to create AlgoDyne's footprint in the alternative fuel industry.

Says Prof. Franke, CTO, "We are pleased to bring this initial station to Western Canada. Locating it on the prairies is symbolic for us as it represents the centre of Canada's petroleum sector and the hub of some of Canada's most prolific ethanol production facilities."

This new station located near the intersection of one of Regina's busiest corridors will create both brand recognition for the Company as well as becoming a sales platform from which to launch additional stations.

"I look forward to an exciting summer of new ventures and new location announcements in Saskatchewan and in Western Canada." Adds Franke, "Our Company's approach is to establish infrastructure and distribution relationships before market entry and we have done that successfully. We will continue this business model to ensure that consumers are always at the focus of our activities."

Over the next two to three weeks, AlgoDyne will be preparing for the opening of its first Mobile Eco-Stop Service Station and plan for its official opening.

About AlgoDyne Ethanol Energy Corp.

AlgoDyne is a corporation committed to developing initiatives in Eco-Energy world wide. Its focus is to create a portfolio of three primary activities (raw materials, wholesale/manufacturing, and retail) in the Ethanol and BioDiesel industries. The business plan envisages being fully engaged in all sectors of its strategic plan by Q4 of 2007.

Legal Notice Regarding Forward Looking Statements

This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among others, the expectation and/or claim, as applicable, that: (i) the Company anticipates it will have access to a broad range of equipment, products and accessories and intends to offer these products through a new e-commerce solution and sales force, with the first market being in Canada and soon, expansion internationally; (ii) the Company is committed to developing initiatives in eco-energy world-wide; (iii) the Company's focus is to create a portfolio of three primary activities in the ethanol and biodiesel industries; and (iv) the Company anticipates that its business plan will be fully engaged in all sectors of its strategic plan by Q4 of 2007.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others: (i) the risk that the Company does not execute its business plan; (ii) the inability of the Company to keep pace with technological advancements in the field of eco-energy, including the ethanol and biodiesel industries; (iii) the Company's inability to adequately protect its intellectual property or the Company's inadvertent infringement of third party intellectual property; (iv) the Company not being able to retain key employees; (v) competitors providing better or cheaper products and technologies; (vi) markets for the Company's products not developing as expected at an individual consumer level as well as a commercial / retail level including the service station concept; (vii) the Company's inability to finance its operations or growth; (viii) inability to obtain all necessary government and regulatory approvals including North and South America; and (ix) the inability to effectively market and commercialize the Company's technologies, including the establishment of viable relationships with third parties, small entrepreneurs and existing petroleum providers. These forward-looking statements are made as of the date of this news release and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although the Company believes that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance those beliefs, plans, expectations, or intentions will prove to be accurate. Investors should consider all of the information set forth herein and should also refer to the risk factors disclosed in the Company's periodic reports filed from time-to-time with the Securities and Exchange Commission and available at www.sec.gov.