Digital Gas, Inc.(fka DIGGQ)

[Buckey]

2006-01-27 10:55 ET - News Release



NEW YORK -- (Business Wire) -- Jan. 27, 2006

Digital Gas, Inc. (OTC Pink Sheets:DIGG) announced today
that seven (7) of its subsidiaries have entered agreements with
Benelux Capital to assist with bridge, acquisition and project
financings to facilitate continued organic and inorganic growth and
development. Benelux Capital provides a full range of financing and
M&A services as well as access to key strategic relationships.
¶ The subsidiaries that signed agreements with Benelux Capital are:
Digital Sofcell, Digital Ultracap, Digital Energy & Farming, Digital
Energy & Farming Asia, Green Harbour Energy & Farming, Mint Condition
and Digital Electric. Digital Gas anticipates that Great Lakes Energy
& Farming and a newly formed company for the commercialization of
shale, tar sands, coal bed methane and heavy oil properties will sign
with Benelux in the coming weeks. In addition to the bridge and other
fundings anticipated from Benelux, the company will ask Benelux to
coordinate all present financing offers.
¶ Digital Gas is pleased to enter into this relationship with
Benelux Capital which operates on a global basis and boasts strategic
partnerships in a variety of commercial businesses, including energy,
IT-enabled services and outsourcing. In fact, Digital Gas will rely on
Benelux Capital to structure and supply a worldwide network for the
sale of its products and the maintenance of its businesses. This is
particularly important for Digital Gas at the present time as the
company has formed Digital Sofcell Asia to commence fuel cell
activities in Asia that can include enhanced oil recovery in China,
India and other areas. It is anticipated that this presence will open
the door to investment from Asian oil and utility companies.
¶ "Digital Gas and its subsidiaries are strategically positioned
across a wide area in the energy and natural resource fields and
clearly have significant upside potential for rapid growth. We have
high expectations for the company. With its fuel cell based oil & gas
recovery technology, Digital's already impressive positioning in
alternative energy synergistically increases the potential to bring to
full production vast pools of oil & gas previously unrecoverable. We
are pleased to play a key role in helping Digital Gas bring their
products, technologies and services to the global marketplace," said
Mark Watson, Managing Director of Benelux Capital.
¶ Benelux Capital provides focused capital solutions. Leveraging a
comprehensive platform supported by extensive research, in-depth
knowledge, innovative thinking and access to capital, the firm
provides a fully integrated service across M&A, equity and acquisition
finance and works closely with high-potential companies to help them
become leaders in their industries. For more information, please visit
www.beneluxcapital.com
¶ Persons, companies or banking institutions with shale, tar sand,
coal bed methane or heavy oil properties should also contact
[e-mail]. Communities that would rather see coal gasified
in situ as opposed to being deep mined, should also contact Digital
Gas which is prepared to conduct retraining programs for miners and to
JV with mine owners.
Contacts:

Digital Gas, Inc.
Brian Smith, 732-927-4073
[e-mail]
Source: Digital Gas, Inc.