Kerry Associates Inc. Represents Amelot Holdings in Joint Venture Negotiations with Cellulose Ethanol Technology Company
03 Mai 2006 - 5:17PM
Business Wire
Kerry Associates is pleased to announce that it has entered into
joint venture negotiations with a Cellulose Ethanol Technology
Company on behalf of Amelot Holdings, Inc (Pink Sheets: AMHD).
Cellulose technology is one of the world's most efficient,
renewable energy technologies for the production of ethanol and
electricity (green power) from organic waste. This technology
produces ethanol from any solid, non-hazardous, cellulosic waste
material which is then segregated from other waste materials. Eric
Cousens, President of Kerry Associates, stated "We have performed
extensive research on different ethanol production technologies all
over the world, and have chosen to enter into joint venture
negotiations with this specific technology company. This technology
solves many problems facing the world's energy crisis that is
affecting all of us. With this technology, we can turn the worlds
waste into energy of the future. A major setback in the
technologies we have researched shows that there is just not enough
feed stock to supply the demand of conventional dry mill ethanol
plants, and the cost of feed is not economically sound. Statistics
show the demand of feed stock exceeds the current national supply.
With this technology, our everyday trash such as used tires, sewer
sludge, plastics and other Municipal Solid Waste (MSW) can be
turned into ethanol. America generates 240 million tons of MSW per
year. The carbon in America's available municipal wastes alone is
enough to create 16 billion gallons of ethanol annually." About
Amelot Holdings, Inc. Amelot Holdings, Inc. is a diversified
holding company focused on acquiring under-valued, high-growth
firms and properties in the natural resource industry. For more
information on Amelot Holdings Inc. Please Visit:
www.amelotholdings.com About Kerry Associates, Inc. Kerry
Associates Inc. is a business consulting firm helping companies
develop and expand into emerging markets while strategically
executing their objectives. Statements in this press release that
are not historical facts are forward-looking statements within the
meaning of the Securities Act of 1933, as amended. Those statements
include statements regarding the intent, belief or current
expectations of the Company and its management. Such statements
reflect management's current views, are based on certain
assumptions and involve risks and uncertainties. Actual results,
events, or performance may differ materially from the above
forward-looking statements due to a number of important factors,
and will be dependent upon a variety of factors, including, but not
limited to, our ability to obtain additional financing and access
funds from our existing financing arrangements that will allow us
to continue our current and future operations and whether demand
for our products and services in domestic and international markets
will continue to expand. The Company undertakes no obligation to
publicly update these forward-looking statements to reflect events
or circumstances that occur after the date hereof or to reflect any
change in the Company's expectations with regard to these
forward-looking statements or the occurrence of unanticipated
events.
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