NewGen Strengthens Team with Appointment of James Peeples as Senior Vice President, Business Development & Government Relations.Senior Executive with 23-Year History of Major Industry Contributions to Cleaner-Burning Renewable Fuels Renewable fuels are alternative fuel sources such as ethanol, biodiesel (e.g. soy, vegetable oils, animal fats, or recycled restaurant greases) or hydrogen, in contrast to non-renewable fuels such as natural gas, LPG (propane). Policy, Product and Market Development, Technical Proof of Concept and Biofuel bi·o·fuel n. Fuel such as methane produced from renewable resources, especially plant biomass and treated municipal and industrial wastes. bi Project Implementation CHARLOTTE, N.C. -- NewGen Technologies, Inc. ("NewGen") (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : NWGN) today announced that it has appointed James James, person in the Bible James, in the Gospel of St. Luke, kinsman of St. Jude. The original does not specify the relationship. James, rivers, United States James. Peeples to the position of Senior Vice President, Business Development & Government Relations, further adding depth and international experience to the team. Mr. Peeples brings to NewGen a tremendous wealth of experience in motor fuel and engine emissions control Emissions control may refer to:
S. Bruce Bruce, Scottish royal family descended from an 11th-century Norman duke, Robert de Brus. He aided William I in his conquest of England (1066) and was given lands in England. Wunner, NewGen's Vice Chairman & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. said, "Jim has a vast network of successful professional contacts across government, agencies, and the private sector from agriculture to petroleum product refining refining, any of various processes for separating impurities from crude or semifinished materials. It includes the finer processes of metallurgy, the fractional distillation of petroleum into its commercial products, and the purifying of cane, beet, and maple sugar . He also brings NewGen hands-on hands-on adj. Involving active participation; applied, as opposed to theoretical: "We're involved in hands-on operations, pulling levers, pushing buttons" Arthur R. Taylor. biofuel project management experience with outstanding skills in recruiting, organizing and managing staff and consultants to meet project objectives on time and under budget." James Peeples Accomplishments Include: * Identified, secured and managed over $9 million in U.S. Federal Government appropriations funding, various state grants and local project awards for clean fuel research and demonstration projects over a 4-year period. * Designed, managed and implemented many successful engine and fuels laboratory testing projects for trade groups and private companies. * Directed and substantially contributed to the technical, economic and market development justification necessary for U.S. soybean soybean, soya bean, or soy pea, leguminous plant (Glycine max, G. soja, or Soja max) of the family Leguminosae (pulse family), native to tropical and warm temperate regions of Asia, where it has been farmers to make a substantial and continuing investment in a new U.S.-based renewable diesel fuel (Biodiesel). * Assisted in founding the National Biodiesel Board The National Biodiesel Board, headquartered in Jefferson City, Missouri, was created in 1992 by America's soybean interests with the express purpose of getting biodiesel accepted into America's fuel mix. (NBB NBB Nationale Bank van Belgie NBB National Biodiesel Board (Jefferson City, MO) NBB National Bank of Belgium (Brussels) NBB Nederlandse Bridge Bond NBB Non-Blow Back ), the U.S. Biodiesel industry trade association. * Guided a non-U.S. clean-diesel additive additive In foods, any of various chemical substances added to produce desirable effects. Additives include such substances as artificial or natural colourings and flavourings; stabilizers, emulsifiers, and thickeners; preservatives and humectants (moisture-retainers); and company through regulatory compliance, technical "proof of concept" and recognition in the U.S. * Recognized as a leading international expert in the field of renewable transportation fuels, including technical, economic, and regulatory verifications necessary for new fuel and engine technologies to capture a share of the mature, petroleum-dominant marketplace. * Developed and supported significant federal, state and local legislation and regulations that have enabled the expansion of cleaner-burning renewable transportation fuels (Ethanol ethanol (ĕth`ənōl') or ethyl alcohol, CH3CH2OH, a colorless liquid with characteristic odor and taste; commonly called grain alcohol or simply alcohol. and Biodiesel) in the U.S. (including the Alternative Motor Fuels Act of 1988, the Clean Air Act Amendments of 1990, and the Energy Policy Acts of 1992 and 2005). * Achieved recognition for "non-traditional" diesel fuel technologies from two of the largest segments of the diesel fuel marketplace (U.S. Department of Defense and the U.S. mining industry). * Marketed fuel Ethanol (in gasoline gasoline or petrol, light, volatile mixture of hydrocarbons for use in the internal-combustion engine and as an organic solvent, obtained primarily by fractional distillation and "cracking" of petroleum, but also obtained from natural gas, by , diesel, and as an alternative fuel) and biodiesel to government agencies and other U.S. centrally-fueled fleet customers. Professional History: General Counsel: Recruited to expand scope of professional consulting services for a firm representing Archer Daniels Midland (ADM), the Renewable Fuels Association, and other fuel ethanol interests during the early stages of industry growth. Authored the first definitive guide to federal and state incentives, the requirements for renewable transportation fuels and the phasedown of lead in gasoline. Herman & Associates, Washington, D.C., October, 1983 - January, 1985 Senior Executive: Directed consulting firm's legislative and regulatory affairs practice, representing trade groups and companies before the U.S. Congress, federal & state legislatures & regulatory agencies, the media, the courts, and through other advocacy. Information Resources, Inc., Washington, D.C., January 1985 - March, 1995 Independent Industry Consultant: Provided professional expertise and analytical services to private companies investing in cleaner and renewable fuel or fuel additive manufacturing or marketing, as well as consulting to the U.S. Departments of Energy and Agriculture, trade associations, and others. Washington, D.C., March, 1995 - November, 1998 Partner, Clean Fuel Marketing: Developed company that has emerged as a highly-regarded "boutique" marketer of cleaner-burning, renewable transportation fuels to federal agencies (DoD, USPS, etc.) and state & local fleets across the United States. PMC Marketing Group, Inc., Birmingham, Alabama, March, 1995- present Executive Vice President: Facilitated various aspects of taking a foreign company (AAE Technologies, Ltd.) from its arrival in the United States (1998) through transition to a U.S. public company (O2Diesel Corp.). Designed, managed, and implemented rigorous regulatory testing program for its ethanol-diesel blended fuel, introducing the product to fleets and other stakeholders and providing outreach to the technical and standards-setting community. Lobbied for, secured, staffed and directed over $9 million for product R&D and other "proof of concept" technical activities. O2Diesel Corporation, Newark, Delaware, November, 1998 - February, 2006 Vice President: Planned for and provided extensive technical, regulatory, and funding assistance with the development of the world's first ethanol electric-hybrid locomotive as a key member of a U.S. start-up company. Prototype of this new locomotive will be built, verified, and demonstrated in 2007. AHL-TECH, LLC, Milford, Ohio, February, 2006 - present Memberships & Affiliations: District of Columbia Bar Association (since 1983) National Conference on Weights & Measures (NCWM) - Petroleum Subcommittee American Society of Agricultural Engineers (ASAE) Society of Automotive Engineers (SAE) National Ethanol Vehicle Coalition (NEVC) - Board of Directors (former) American Society for Testing & Materials (ASTM) - Standards Task Force chairman Texas Renewable Energy Industries Association (TREIA) - Board of Directors New Uses Council (U.S. Department of Agriculture) E diesel(R) Consortium - Steering Committee, Laws & Regulations Committee Chairman 25 x '25 Initiative Education: Juris Doctor degree from Antioch School of Law (Washington, DC); Bachelor of Arts degree (International Affairs & Economics) from the Florida State University (Tallahassee, FL). About NewGen Technologies, Inc. NewGen's mission is to be a fully integrated, leading global manufacturer, blender and distributor of premium biofuels and hydrocarbon hydrocarbon (hī'drōkär`bən), any organic compound composed solely of the elements hydrogen and carbon. The hydrocarbons differ both in the total number of carbon and hydrogen atoms in their molecules and in the proportion of hydrogen blends that are intended to dramatically reduce the environmental and economic impact of world petroleum use. NewGen believes that it has developed the cleanest burning and highest performing fuels in the world by utilizing its own technology that allows for more complete combustion combustion, rapid chemical reaction of two or more substances with a characteristic liberation of heat and light; it is commonly called burning. The burning of a fuel (e.g., wood, coal, oil, or natural gas) in air is a familiar example of combustion. . The vision of NewGen and ReFuel re·fu·el v. re·fu·eled also re·fu·elled, re·fu·el·ing also re·fu·el·ling, re·fu·els also re·fu·els v.tr. To supply again with fuel. v.intr. America, NewGen's wholly-owned U.S. subsidiary, is a world less dependent on oil, using secure, homegrown home·grown adj. 1. Raised or grown at home. 2. Originating in or characteristic of a locality: "Rock is homegrown music in the United States, evolved from blues and country and Tin Pan Alley" fuels which better preserve our most important resources - the air we breathe and water we drink. Additional information can be found at the company's websites - www.newgenholdings.com & www.refuelamerica.com & www.actanolbio.com & www.ip-fischer.de & www.newgenasia.com.sg. Investor Information - To request investor information or receive regular company news and updates, please visit our website at: http://www.b2i.us/irpass.asp?BzID=1316&to=ea&s=0. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement Under the Private Securities Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Act of 1995 - With the exception of historical information, the matters discussed in this press release are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve a number of risks and uncertainties. The actual future results of NWGN 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 rate 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. |
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