H2Diesel and City of Orlando, Florida Announce Vehicle Test Program
29 11월 2007 - 10:34PM
PR Newswire (US)
HOUSTON, Nov. 29 /PRNewswire-FirstCall/ -- H2Diesel Holdings, Inc.
(OTC:HTWO) (BULLETIN BOARD: HTWO) a company that manufactures an
alternative "bio- fuel" from domestically produced vegetable oils
and animal fats, and the City of Orlando, Florida announced today
that they have entered into a vehicle test program to demonstrate
the capabilities of the Company's proprietary biofuel in fleet
vehicle applications. The test, to be carried out over the next
several months, will be conducted using a vehicle in the City's
truck fleet and will include a comprehensive series of performance
and tailpipe emissions tests. Mr. Dave Gillespie, President and CEO
of H2Diesel stated, "We're excited to be working along with the
City of Orlando as they implement a very aggressive program to
reduce the environmental impact of all of the City's operations. We
believe our second generation renewable biofuel represents an
environmentally superior and lower cost alternative to other more
traditional biofuels." "We are very glad to have H2Diesel as a
partner in our 'Green Works Orlando' program," said Orlando Mayor
Buddy Dyer. "We believe H2Diesel's 100% renewable biofuel can
assist the City in our effort to move our entire fleet of vehicles
to renewable fuels by 2012." About H2Diesel Holdings, Inc. H2Diesel
is a development stage company that holds an exclusive license for
North America, Central America and the Caribbean to proprietary
technology for the manufacture of an alternative "bio-fuel" from
domestically produced vegetable oils and animal fats that is
intended to be marketed as a new class of bio-fuel or fuel additive
for power generation, heavy equipment, marine use and as a heating
fuel. The Company further believes its proprietary bio-fuel will
provide a cheaper, renewable alternative energy source with
significantly lower emissions than traditional fuels and a cleaner
and more efficient alternative to heating oil. H2Diesel's business
model calls for the establishment of bio-fuel production facilities
directly and through sublicensing of its technology to qualified
licensees. About Green Works Orlando Green Works Orlando is the
City of Orlando's first-ever comprehensive plan to protect our
natural resources, encourage environmentally friendly lifestyles
and businesses practices and engage everyone who lives, works and
visits our central Florida home in the effort to 'go green'. In
order to achieve this ambitious goal, our plan focuses on immediate
and dramatic action to: -- Conserve our natural resources and
protect our environment -- Invest in green buildings, vehicles and
materials -- Foster alternative transportation options -- Increase
the amount of trees and green spaces in the City -- Give residents
the tools and information they need to become more environmentally
responsible Green Works Orlando also represents our commitment to
using the City's regional leadership position to build partnerships
and share resources in the effort to foster positive changes. For
more information on Green Works Orlando visit cityoforlando.net
Forward-Looking Statements This news release contains
forward-looking statements. These forward- looking statements
concern the operations, prospects, plans, economic performance and
financial condition of H2Diesel Holdings, Inc. (the "Company") and
are based largely on the Company's beliefs and expectations. These
statements involve known and unknown risks, uncertainties and other
factors that may cause actual results to be materially different
from any future results expressed or implied by such
forward-looking statements. The risks and uncertainties related to
the Company's business include all the risks attendant a
development stage business in the volatile energy industry,
including, without limitation, the risks set forth under the
caption "Risk Factors" in the Company's Report on Form 8-K dated
October 18, 2007. CONTACT: David Gillespie, President & CEO Rob
Schatz (Investors) H2Diesel Holdings, Inc. Alisa D. Steinberg
(Media) 713-973-5720 Wolfe Axelrod Weinberger Associates, LLC.
212-370-4500 DATASOURCE: H2Diesel Holdings, Inc. CONTACT: David
Gillespie, President & CEO of H2Diesel Holdings, Inc.,
+1-713-973-5720; or Investors: Rob Schatz, +1-212-370-4500, , or
Media: Alisa D. Steinberg, +1-212-370-4500, , both of Wolfe Axelrod
Weinberger Associates, LLC., for H2Diesel Holdings, Inc. Web site:
http://cityoforlando.net/
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