ICBU IMD Companies Inc (PK)

International Coastal Biofuels, Inc. (Pink Sheets: ICBU), a manufacturer of biodiesel renewable fuel, announced today that it selected Cavitation Technologies, Inc. as the provider for equipment, technology and services for its first production plant in Wilmington, NC. The plant will include Plasma 9000 nano reactors from Cavitation Technologies, Inc. The technology uses hydrocavitation, limiting the amount of greenhouse emissions by trapping methane gas that is normally emitted by the feedstock. �The beauty of this project is that a multitude of feedstock can be used to create the biofuel,� stated Jim Cooper, CEO of International Coastal Biofuels, Inc. �Any combination can be used so that if there is a food shortage and soy is needed, other feedstock can be mixed to create the biofuel.� International Coastal Biofuels, Inc. has long-term contracts for feedstock including soy, palm oil and Jathropa oil. Such contracts were put in place to guarantee that no interruptions due to shortage of raw materials will occur once the plant goes into production mode. About International Coastal Biofuels, Inc. Headquartered in Tazewell, VA, International Coastal Biofuels, Inc. offers fuel with the same performance as that of conventional diesel, at competitive prices and in an ecologically safe manner. Our team�s skills cover all aspects of creating and managing biodiesel production organizing, financing, auditing, marketing, promoting business, solving technical and organizational problems. For International Coastal Biofuels, Inc.�s corporate profile visit http://www.internationalcoastalbiofuels.com. About Cavitation Technologies, Inc. Cavitation Technologies, Inc. is an engineering and manufacturing company, specializing in the production of biodiesel equipment with its signature product BioForce 9000. For more information on Cavitation Technologies, Inc. visit http://www.cavitationtechnologies.com. Safe Harbor This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.