Amelot Holdings Inc. and DynaSep Report Success in Jatropha Extraction Technology
2008-03-25 13:00 ET - News Release
CHEYENNE, Wyo., March 25, 2008 (PRIME NEWSWIRE) -- Jatropha Biofuels Technologies (JBTI), a wholly owned subsidiary of Amelot Holdings, Inc. (Pink Sheets:AMHD) and DynaSep LLC are pleased to announce, after six months of extensive testing and research, that the Continuous Liquid Hydrocarbon Extraction (CLHE(r)) system has completed its initial tests. The testing occurred over the past several weeks and initial results are very positive.
The CHLE(r) has proven in lab tests to produce up to 30% of the weight of the Jatropha seed where the normal expeller process produces much less. This represents over 20% total output increase over extraction technology currently available.
The new process involves high pressure gas and gravity to maximize the amount of oil from every seed. Currently, the most common method to extract Jatropha oil is an expeller that was not originally designed for Jatropha; moreover, it is a manual system. The new technology developed jointly by JBTI and DynaSep is the first of its kind to use high pressure gas. Additionally, the new process is green friendly and highly automated.
"The preliminary tests were entirely successful," said Aziz Hirji, President and CEO of Amelot Holdings Inc. "One of the primary hindrances to using Jatropha as biodiesel feedstock has been inefficient, expensive, and environmentally unfriendly extraction processes. But through our joint-efforts with DynaSep, we are confident that we have solved many of these issues. Our solution represents the most effective Jatropha extraction process currently available."
Located in Newark, Delaware, DynaSep has a long innovative and profitable history of developing, fabricating, testing, and deploying systems for liquefied and supercritical gas extraction.
Brian Waibel, President of DynaSep noted: "The process we have developed in conjunction with JBTI extracts oil much more effectively and efficiently than conventional Jatropha oil recovery methods. We look forward to continuing this invaluable research together with JBTI."
About Amelot Holdings, Inc.:
Amelot Holdings, Inc. (http://www.amelotholdings.com), a publicly traded company, is a diversified holding company that has identified a projected $20 billion industry to manufacture renewable fuels to supply the growing demand and to reduce the dependency and environmental impact of fossil fuels.
DynaSep LLC is a joint venture between Accudyne Systems, Inc., a long-time engineering and construction company for liquefied and supercritical gas extraction equipment, and Phasex Corporation, a company with 27 years of groundbreaking process experience in supercritical fluid technology.
Statements in this press release that are not historical facts are forward-looking statements within the meaning of the Securities Act of 1933, as amended. Those statements include statements regarding the intent, belief or current expectations of the Company and its management. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing and access funds from our existing financing arrangements that will allow us to continue our current and future operations and whether demand for our products and services in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events.
CONTACT: Amelot Holdings, Inc. (646) 552-4000 support@amelotholdings.com
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