SRNW Stratos Renewables Corporation (PK)

Stratos Renewables Corporation (OTCBB:SRNW), an emerging agro-energy company developing a South American sugarcane ethanol operation, today announced that the company has secured enough land in the northern coastal region of Peru required for the production of up to 90 million gallons per year of�sugarcane-based ethanol. Stratos intends to use this land for extensive sugarcane�cultivation, milling and distillation into ethanol�primarily for export.�Peru has historically achieved some of the highest yields of sugarcane in the world. Peru�s superior soil and agricultural climate conditions allow for year-round sugarcane harvesting and high yields, as water and nutrient content can be managed using modern irrigation technology. This compares favorably with uncontrolled climates in other�countries where sugarcane is cultivated. Peru�s location also affords low transportation costs for export and distribution due to its coastal access and proximity to the Pan-American Highway. Stratos President and Chief Executive Officer Tom Snyder stated, �We are�pleased that our negotiations with local communities in Northern Peru have�resulted in mutually beneficial relationships. Securing this land marks an�important milestone in our strategy to become one of the lowest-cost ethanol�producers in the world while stimulating the Peruvian economy. We have spent considerable time working with local officials to create programs that�deliver a sustainable agro-investment environment. We�re encouraged by this progress and we are solidifying contracts with major engineering and construction companies to further implement our business plan.� About Stratos Renewables Stratos Renewables is committed to becoming a leader in Latin America's rapidly emerging agro-energy and sugarcane ethanol industry, a growing segment of the larger renewable fuel industry. The company believes Peru's economic growth and expansion, illustrated by recent exponential growth in foreign direct investment, and GDP growth over the last five years, adds to Peru's promise as an attractive geographical location for the cultivation, processing, distribution and use of alternative fuels. In addition, rating agency DBRS has recently assigned investment-grade credit ratings to Peru's long-term foreign and local currency debt. For more information about Stratos Renewables, please visit: www.stratosrenewables.com. About Ethanol Ethanol is a clean burning, high octane biofuel produced from grain, which is a renewable source, and can be grown year after year. In its most basic sense, ethanol is a grain alcohol produced from sources such as sugar. Pure 100% ethanol is normally not used as a replacement for gasoline, but the integration of up to 20% ethanol into a gasoline supply can cut down on not only the amount of oil consumed, but also on the emissions generated by the burning of that fuel. Ethanol significantly reduces harmful exhaust emissions, which contribute to global warming. The United Nations expects all biofuels to account for a full 25% of world energy needs by 2025. Notice Regarding Forward-Looking Statements This news release contains �forward-looking statements,� as that term is defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Since the forward-looking statements relate to future developments, results or events, these statements are highly speculative and involve risks, uncertainties and assumptions that are difficult to assess. You should not construe any of these statements as a definitive or invariable expression of what will actually occur or result. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release and the Company and Stratos assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although the Company believes that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance those beliefs, plans, expectations, or intentions will prove to be accurate. Investors should consider all of the information set forth herein and should also refer to the risk factors disclosed in the Company's periodic reports filed from time to time with the Securities and Exchange Commission and available at www.sec.gov.