HLK Biotech Holding Group, Inc. (AMHD)

[bigbet3]

I was under the impression that Giles was bringing with him a wealth of key industry relationships. If he has to go to all these conferences to "network" with the industry leaders, then he doesn't have the experience that I expected.

CHEYENNE, Wyo., Oct. 30, 2006 (PRIMEZONE) -- Amelot Holdings, Inc. (Other OTC:AMHD.PK - News) is pleased to announce the appointment of Mr. Allen Giles of Osterville, MA, as President, effective immediately.

Mr. Giles brings a wealth of industry experience, vision and relationships to Amelot Holdings with a proven track record at many small cap publicly traded companies and a dynamic and focused leadership style.

Mr. Giles most recently served as Founder and Director of Business Development of LifeGuard BioFuels, a division of A.D. & G. Enterprises, Inc. of Franklin, MA, a leading supplier of Bio-Diesel in Southeastern MA, RI and an exporter of Bio-Diesel products to the European Union. He was responsible for the development and implementation of the company's business plan, increasing the sales to over $50 million annually, as well as consulted on the development of a 30 million gallon per year Bio-Diesel refinery.

Prior to that, he has spent over fifteen years in sales, business development and management in technology services companies generating multimillion dollar sales opportunities.

Mr. Giles brings a large portfolio of key relationships and a clear vision for the alternative energy industry, which will add value to future Amelot Holdings' sales.

``Mr. Giles' depth of knowledge and experience in all aspects of the production and sales of bio-fuels is impressive. He is the perfect President to help Amelot Holdings innovate and become a leader in renewable energy. His experience in developing sales and business strategy, management of multimillion dollar relationships and early commercial success with alternative energy will bring insights, relationships and skills that are highly complementary to the Amelot Holdings founding team. We are very excited to have Allen on board,'' commented Aziz Hirji, Chairman and C.E.O. of Amelot Holdings, Inc.