Amiworld Executives Meet with Colombian President Alvaro Uribe Velez.

Discussions focus on Colombia's implementation of legislation mandating 5% biodiesel mix by 2008, Amiworld's expansion plans, among other topics

NEW YORK -- Amiworld, Inc. (OTCBB: AMWO), an international energy company engaged in the production and distribution of diversified fuel products and services with a focus on emerging global economies, today announced that a contingent of its senior executive management team led by Mamoru Saito, Chief Executive Officer, met recently with Colombian President Alvaro Uribe Velez in Santa Marta, Colombia.

During the meeting, Mr. Saito discussed Amiworld's progress including an update on the company's biodiesel plant and refinery. Mr. Saito outlined his short-term expansion plans for the company which includes the construction and assembly of a biodiesel-diesel mixing unit and the expansion of the present petroleum plant to reach the processing capacity of 100 thousand barrels per month from the current level of 45 thousand barrels per month.

President Uribe expressed his gratitude to the management of Amiworld for their belief in Colombia and the establishment of the first biodiesel plant in Santa Marta. "It is good that the company is already in operation, and that this is no longer a dream. These are steps in the right direction for our country and at the end of this year we could have daily production of more than one million liters of biodiesel produced from palm oil," said President Uribe.

Mr. Saito said, "The government and the people of Colombia have been great partners to Amiworld in helping our company advance our plans with the construction of our biodiesel plant, the only government-certified biodiesel plant in Colombia. Given the Colombian government's aggressive biofuels initiatives mandating a 5% biodiesel mix by 2008 and 10% by 2009, we are uniquely positioned to help meet those goals. The level of commitment exhibited by President Uribe's government stands as a model of cooperation and we are deeply honored by his continued support of our company."

The meeting with President Uribe was also attended by Ingrely Veitia, Amiworld Chief Financial Officer and Director, and Fermin Veitia, General Manager of Odin Group, a subsidiary of Amiworld as well as numerous government officials.

About Amiworld, Inc.

Amiworld, Inc. is a high growth New York-based international energy company engaged in the production and distribution of alternative and traditional energy products and services. With state-of-the-art refining and distribution facilities in Colombia, South America, the Company is capitalizing on the worldwide energy demand with diversified products and services including biodiesel, petroleum diesel, international oil trading and the shipping of oil and fuel products with a principal focus on economies in South America and Asia. With an overriding commitment of building shareholder value, Amiworld continuously evaluates opportunities to drive revenues and earnings growth organically and through strategic acquisitions.

Amiworld owns and operates the only government certified biodiesel plant in Colombia. The Company believes it is well positioned to capitalize on its unique government status as a result of the Colombian government's aggressive biofuels initiatives mandating a 5% biodiesel mix by 2008 and 10% by 2009. With global biofuels demand projected to grow 20% annually to 92 million tons by 2011, Amiworld intends to significantly increase its market penetration in South America, Asia and the US.

Forward-Looking Statements 

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995 -- With the exception of historical information, the matters discussed in this press release are forward-looking statements that involve a number of risks and uncertainties. The actual future results of AMWO could differ significantly from those statements. Factors that could cause actual results to differ materially include risks and uncertainties such as the inability to finance the company's operations or expansion, inability to hire and retain qualified personnel, changes in the general economic climate, including rising interest rates and unanticipated events such as terrorist activities. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential" or "continue," the negative of such terms, or other comparable terminology. These statements are only predictions. Although we believe that the expectations reflected in the forward-looking statements are reasonable, such statements should not be regarded as a representation by the Company, or any other person, that such forward-looking statements will be achieved. We undertake no duty to update any of the forward-looking statements, whether as a result of new information, future events or otherwise. In light of the foregoing, readers are cautioned not to place undue reliance on such forward-looking statements. For further risk factors see the risk factors associated with our Company, review our SEC filings.