GAEC Brings Crops to Fuels to Reality
07 April 2009 - 12:33AM
Business Wire
Gulf Alternative Energy Corporation (PinkSheets:GAEC).
Transforming cellulose to ethanol efficiently is a technical
challenge that will transform the biofuels industry. Gulf
Alternative Energy believes it has moved the industry much closer
to economic viability with its preprocessing technology that turns
non-food plant material (called biomass) into extremely small
particles that can more quickly and more cheaply be turned into
ethanol.
The company has spent the last year developing its technology.
The next step will be to engage partners in the cellulosic ethanol
space to test the technology in commercial operation. Once this
step has been completed, the company expects to market its
technology to all cellulosic ethanol producers.
About Gulf Alternative Energy Corporation
Gulf Alternative Energy is an alternative energy company focused
on the development of the alternative energy industry with a
particular emphasis on Texas and the Gulf Coast.
For more information, visit www.gulfethanolcorp.com.
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: This news release contains forward-looking
information within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended, including statements that include the words
"believes," "expects," "anticipate" or similar expressions. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance or achievements of the company to differ materially
from those expressed or implied by such forward-looking statements.
In addition, description of anyone's past success, either financial
or strategic, is no guarantee of future success. This news release
speaks as of the date first set forth above and the company assumes
no responsibility to update the information included herein for
events occurring after the date hereof.
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