U.S. Sustainable Energy Corp. and Sustainable Power Corp. Announce Joint Venture With Agri Max Fuels, LLC Joint Venture to Provide Ethanol, Biodiesel, Biofuel and E-Diesel Near Houston, TX
NATCHEZ, MS, May 22, 2007 (MARKET WIRE via COMTEX) -- U.S. Sustainable Energy Corp. (PINKSHEETS: USSE) and Sustainable Power Corp. (PINKSHEETS: SSTP) are pleased to announce the formation of a joint venture with Agri Max Fuels, LLC specifically to utilize the USSEC/SSTP suite of products. Initial focus will be producing ethanol/diesel/bio-diesel blends made possible by USSEC's proprietary fuel additive. As per a previous licensing agreement, SSTP has the exclusive rights to market the fuel.
Agri Max Fuels, LLC currently operates a bio-diesel facility capable of producing approximately 15,000 gallons of biodiesel per day. The Joint Venture was formed to expand the operations of this initial plant and will focus on blending ethanol with biodiesel and diesel. The joint venture includes provisions for expanding production up to one hundred million gallons per year of biodiesel.
Blending ethanol with diesel results in a renewable, oxygenated, cleaner-burning fuel suitable for off- and on-road use in both new and old engines. E-Diesel improves diesel engine performance while cutting visible smoke and reducing hazardous emissions in multiple ways through the lowering of fuel sulfur content in fuel and sulfur byproduct emissions, and the 35% oxygen content present in the ethanol decreases gaseous and particulate emission. Adding biodiesel to the blend increases the "green" renewable components of the fuel and displaces more diesel with renewable fuels.
Michael D. Galbraith, President of Agri Max Fuels, LLC, stated, "I am very impressed with the USSEC fuel additive and resulting oxygenated fuel. I think E-Diesel is the future for diesel engines in all applications because of the reduced emissions and benefit to the environment."
About U.S. Sustainable Energy Corp.
U.S. Sustainable Energy offers a revolutionary new energy process that creates three times more fuel per feedstock unit than any other biofuel process. The company has engineered the first bio-renewable fuel able to serve as a replacement to diesel, with none of the negative traits associated with competitive green fuels. The USSEC biofuel is furthermore created at a nominal cost as the byproduct of producing organic fertilizer from recycled waste products, a discovery made during research into agricultural biomass now known as the "Rivera Process." The technology offers a solution to foreign oil dependence, significant reduction to the cost of electricity and ethanol production, and the eventual reversal of greenhouse gas emissions.
Management and current operations are focused on leveraging the superior performance and low cost of the fertilizer, biogas and biofuel within bundled plant operations, turnkey energy contracts, ethanol production, and other critical applications that rely on energy as a major cost component. For more information please visit www.ussec.us.
About Sustainable Power Corp.
Sustainable Power Corp. is an international green energy service provider focused on environmentally safe power generation. The company has the exclusive rights to develop and manage a portfolio of green power plants utilizing the USSEC biofuel discovery, a renewable fuel source able to be produced from one-fifth of the soybean acreage traditionally associated with biodiesel. For more information please visit www.sustainablepower.com.
Investor Contact:
Redwood Consultants, LLC
415-884-0348
SOURCE: U.S. Sustainable Energy Corp.
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