Biodiesel Fuel Producer Safe Renewables Corp. Adds Austin Biofuels, LLC, to Expand Sales and Marketing.

HOUSTON -- Safe Renewables Corporation (SRC), an emerging leader in the burgeoning biodiesel fuel sector, has expanded its Texas sales and marketing capabilities with the acquisition of the marketing and retail distribution operations of Austin Biofuels, LLC.

"This new venture is part of our broad initiative to extend SRC's reach in major markets, and to provide added outlets for SRC's growing biodiesel production output," said Keith Forman, SRC's Chief Executive Officer.

Austin Biofuels is a leading Texas-based marketer of biodiesel focused on the transportation sector. The two companies have worked together for several years at the leading edge of biodiesel production and marketing.

"The acquisition of Austin Biofuels is another milestone in our quest to vertically integrate and extend our reach closer to the end user," noted Jeffrey Kissel, SRC's Chief Operating Officer.

As of December 2006, Austin Biofuels founders and principals Jeff Plowman, Kurt Lyell, and Robby Plenge will officially join the Safe Renewables sales and marketing team.

"We look forward to joining forces with SRC Co the rapidly growing industry leader that we have known and respected over the years," said Jeff Plowman, President of Austin Biofuels.

Safe Renewables Corporation (SRC) is emerging as one of the leading biodiesel producers and marketers in North America Co a major enabler of the green energy revolution. Derived from renewable sources, biodiesel's power and performance are comparable to standard diesel fuel, but with reduced levels of harmful emissions. Biodiesel, in its pure (B100) or petroleum-blended (B5-B20) form, can be used in conventional diesel engines with no equipment modifications. SRC produces biodiesel from soy, cottonseed and canola oil, and from animal fats. It applies the best technology to ensure consistent, high fuel quality meeting ASTM (American Society for Testing and Materials) standards. SRC is currently focused on supplying biodiesel to the transportation and power generation markets.