AlgoDyne Launches Development of North American E-Commerce.

LAS VEGAS -- AlgoDyne Ethanol Energy Inc. ("AlgoDyne" or the "Company") (OTCBB:ADYN) is pleased to announce that it has completed a contract with Melcher Media & Design (www.melcher.ca) to develop, host and launch the retail e-commerce site for AlgoDyne on the 30th of July 2007.

"This announcement paves the way for AlgoDyne to deliver its products and services across North America," says Prof. Franke, CTO. "With the agreements in place that were announced previously, our consumers will have the functionality of direct fulfillment from the distributor or manufacturer. This means faster turn around times, no middleman charges for our consumer and reduced risk and overhead for the Company." He adds, "It's a win win scenario for all of us."

Melcher Media & Design has an expertise in building and developing e-commerce environments and web sites as well as 3d animation. "We anticipate our future needs to include videos and animation 'do-it-yourself' instruction videos to be developed by this company in order to meet the dynamic needs of an intelligent and computer savvy consumer base," says Franke

Melcher Media has committed to delivering a viewable static site on or before the 15th of July to beta test its response with potential clients. As the project progresses updates will be provided.

About AlgoDyne Ethanol Energy Corp.

AlgoDyne is a corporation committed to developing initiatives in Eco-Energy worldwide. 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

The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from acquisitions or actions in development are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.