Kerry Associates, Inc. announces that the company has received a Joint Venture proposal from Energysave Ltd. on behalf of Amelot Holdings, Inc. (Pink Sheets: AMHD). Under the Joint Venture proposal Amelot and Energysave would construct several Bio Diesel facilities throughout the United States and Europe using Energysave's technology. Eric Cousens president of Kerry Associates stated, "We have received a proposal from Energysave Ltd. to Joint Venture with Amelot Holdings Inc. Energysave is interested in establishing a relationship that will bring their technology from Europe to the United States. The proposal states that Energysave would provide proprietary state of the art Bio-Diesel processing equipment to be used in Amelot Holdings subsidiary Amelot Alternative Energy's proposed facilities." 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. 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. For more information on Kerry Associates Inc. Visit: www.kerryassociates.com 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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