Diversified Ethanol's Cold Microwave Technology Could Be Used by Every Ethanol Plant in America.

CHICAGO -- Diversified Ethanol a division of James Monroe Capital Corporation (Pink Sheets: JMCP) has successfully used cheap, ultrasonic energy to break down corn--cold, which can result in ethanol plants using 20% less corn to get the same amount of sugars, and continues patent process, and refined processes with engineering companies who have patents on special new high-power ultrasonic devices.

Diversified Ethanol's Taylor Moffitt said, "When the Ethanol shortfall widened in June, with Brazil ethanol imports rising up to $3.97, we knew this was the right time to introduce new technology, which can revolutionize the ethanol industry. As plants try to keep up with the blending demands for ethanol with MTBE being dropped, a 20% increase in production can mean a big increase in profit margins, since no more feedstock is needed at all. In The "Cold Microwave" process, the state-of-the-art ethanol plant pre-cooks the corn mash using our low-energy ultrasonic "cold microwave," and then when it is cooked it can have more valuable sugars released for making fuel."

The company's concept uses multiple patents, and is intended to be sold as a retrofit for every ethanol plant wishing to run at higher efficiency & profit margins. Diversified Ethanol's ultrasonic device is cheap to operate, but very powerful. Though the company will charge a lot to provide the device, it will be very affordable in light of how much money it can save ethanol plants across America.

When a mixture of corn and water is placed in front of a piezoelectric driver, the corn "cooks" in seconds, but is still cold afterwards. This pre-cooking is very cheap compared to the energy required to heat the corn, and breaks-up the corn on a molecular level. Ultrasonic energy can vaporize water, or hard-boil an egg, and now it can make money by making fuel more efficiently.

Moffitt said, "This new technology could serve as bonus income for Diversified Ethanol. If we can bring this new technology to market, we will have added income and stability to our business plan of building our own ethanol plants, and manufacturing plants for others as well. We have had a lot of building and excitement lately, especially with the last merger, but this company is geared more towards long-term growth. We are in this for the long haul."

Parties interested in licensing or having their plants retro-fitted with the new technology should have their design engineer call Diversified Ethanol at 515-603-6399.

This press release does not constitute an offer of any securities for sale. This press release contains certain 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. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.