InvestorsHub Logo
Followers 349
Posts 47090
Boards Moderated 19
Alias Born 08/28/2001

Re: Buckey post# 72

Monday, 12/11/2006 2:40:00 PM

Monday, December 11, 2006 2:40:00 PM

Post# of 315
2003-11-20 10:28 ET - News Release Digital Energy & Farming in Agreement to Manufacture and Market Breakthrough Alternative Fuel Generators





NEW YORK -- (Business Wire) -- Nov. 20, 2003

Digital Gas, Inc. (OTC Pink Sheets: DIGG) announced that
Digital Energy & Farming, Inc., its wholly-owned subsidiary, has
signed an agreement to manufacture and market the products of US-based
Richardson Energy, Inc., a developer of generating equipment that
produces environmentally safe and inexpensive combustible gas.
¶ The latest version of the Richardson Energy generator has
breakthrough features impacting the storage and cost of the gas, which
it maintains is simpler and more practical to produce than other
fuels, such as gasoline, methane or pure hydrogen. The fuel is
compatible and adaptable to existing fuel consuming equipment and no
pollution control equipment of any type is needed to achieve
extremely-low emissions.
¶ The agreement with Digital Energy & Farming was made to expand
Richardson Energy's manufacturing and marketing capabilities after it
recently conducted successful tests with a major national gas consumer
and distributor.
¶ Digital Energy & Farming will have the right to manufacture and
market these generators, as well as purchase them directly from
Richardson Energy. In one application, Digital Energy & Farming will
use this generator at it energy & farming centers to provide a new way
to recycle waste water and sewerage for municipalities and individual
households.
¶ Digital Energy & Farming intends to produce and market the gas in
ether or liquid form for its use, as well as home and industrial
users. Richardson Energy views the gas in liquid form as being a
suitable alternative fuel for a variety of applications, including,
aviation fuel, thermal electric power generation, motor vehicles,
heavy trucks, furnaces, cooking stoves, torches and desalination
systems, to name a few.
¶ Digital Energy & Farming and Richardson Energy plan to develop
household and small business generators that will be designed to give
consumers a degree of independence from the pricing and supply control
of fossil fuel based energy and electric companies. For instance,
propane, made from natural gas and twice as expensive, would be an
early target for our marketing efforts to reduce consumer's energy
costs.
¶ Based on in-house emissions work observed by an internationally
recognized small engine manufacturer, Richardson Energy concluded that
an engine running on this gas would have to operate for over 210,000
hours to produce the same amount of CO generated in 1 hour when
burning gasoline.
¶ Richardson Energy believes that the gas would be an excellent fuel
for the emerging SOFC fuel cell market. Digital Energy & Farming will
target this market for future sales, as well as to establish strategic
alliances for its home and small business generators and systems.
¶ Updating its primary business, Digital Energy & Farming reports
that it has chosen five sites for energy & farming centers in the
Midwest. After receiving preliminary approvals from local officials,
which is expected by mid-December, more complete details will be
announced.
¶ Digital Energy & Farming will acquire up to 10,000 acres of coal
leases by the end of this month to allow it to have cash flow prior to
the completion of its energy & farming centers. With 10,000 acres
there will be a potential to drill up to 500 coal gas wells. The
company is negotiating the financing necessary to drill the 500 wells
by mid-year 2005.
¶ To strengthen its coal and energy & farming businesses, Digital
Gas has been working for the last several months to acquire interests
in companies with patented and breakthrough technologies in coal and
waste processing ability, as well as alternative fuels, such as
Richardson Energy. Several deals are pending completion. An update
regarding Caney Valley Drilling will be made in several weeks.
¶ Digital Gas is committed to developing clean gas, electricity and
pure, pesticide and contaminant free food in the US in order to
provide its shareholders with high yield and high growth in a safe and
secure part of the world, the heartland of the US.
¶ Please direct all inquiries to PR Solutions, Inc. at 702-683-5458.
Our websites are currently under development by DVA Media, Inc. and
will be previewed in the first week of December at
http://www.dvamedia.com/digital/.
Contacts:

Digital Energy & Farming, Inc.
by
PR Solutions, Inc.
Rhett Nielson, 702-683-5458.
Source: Digital Energy & Farming, Inc.

Investing is for those who don't know how to trade

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.