Alpine Management Systems, Inc.(fka ALPN)

[futrcash]

March 6, 2008 - 6:48 PM EST



Colusa Biomass Energy Enters into Agreement with PAN GEN GLOBAL PLC and Sets Record Date for Distribution of Shares
Colusa Biomass Energy Corporation (Pink Sheets: CLME) (CBEC), announces that it entered into an Asset Purchase Agreement whereby its assets, liabilities and business operations will be transferred to PAN GEN GLOBAL PLC (PGG) in exchange for a controlling interest in PGG.

Tom Bowers, CBEC's principal shareholder and CEO, stated, "The transaction provides an initial funding of $4 million with a best efforts follow-on $40 million funding. The initial funding will be utilized to conduct testing of our cellulosic technology by an independent and well respected engineering firm. The goal of the testing is to validate the biomass technology for the conversion of waste rice straw and rice hulls into ethanol. Included in the testing is confirmation of an important coproduct, economic quantities of market quality silica. The technology validation is expected to support the economic feasibility of our business model. Once validated, additional funding is expected to be available in order to complete the engineering and construction of the first bio-refinery."

PGG shares received by CBEC will be distributed pro-rata to the CBEC shareholders. The record date for shareholders of CBEC to participate in the PGG share distribution is March 12, 2008. PGG, a public company, is incorporated in the United Kingdom. The shares have not yet been listed for public trading on an exchange. Management anticipates that the PGG shares will be listed for trading; however, the listing exchange and date of listing have not yet been determined. An Information Statement describing the terms and conditions of the distribution of the PGG shares will be provided to the shareholders of record of CBEC.

The current controlling shareholders of CBEC will become the controlling shareholders of PGG. Mr. Tom Bowers will be named CEO and chairman of board of directors of PGG. The business operations of CBEC will be conducted in Colusa Biomass, Inc., a newly created, wholly-owned subsidiary of PGG. The corporate headquarters and administration will be located in Reno, Nevada. PGG and Colusa Biomass, Inc.’s contact information is:

1325 Airmotive Way, Suite 175
Reno, NV 89502
(T) Toll Free: [phone], Direct: [phone]
(F) [phone]

CBEC will be changing its name to Alpine Management Systems, Inc. and will continue as a publicly traded company on the Over-The-Counter Pink Sheet Market. A new trading symbol shall be obtained and will be published as soon as it becomes available. The controlling shareholder of Alpine Management Systems, Inc. (AMS) is Fairbain Trading S.A. Mr. Jose Delemos will be the new CEO of AMS. The Company’s primary business is a financial services company engaged in the acquisition, structuring and funding of emerging growth companies in key sectors of the American economy. The management of the Company has substantial experience in financial structuring and leverage. The mission of Alpine is to research and locate microcap opportunities where the combination of investment and the values stored in publicly traded shares will permit management to acquire operations with above average operating margins. Alpine is continuously reviewing options and opportunities for such acquisition activity and can be expected to be active in its efforts to maximize shareholder values.

Alpine's contact information is: Jose Delemos, CEO.
Email address: [e-mail]

Phone: [phone] Ext. 6
Empire State Building
350 Fifth Avenue, Suite 6408-12
New York, NY 10118

Upon completion of distribution of the PGG shares to the shareholders of record of CBEC, those shareholders will become shareholders of PGG and will retain their ownership in Alpine Management Systems, Inc.


PAN GEN GLOBAL - Colusa Biomass
Tom Bowers or Jim Holmes, 1-866-786-9440
Fax: [phone]
[e-mail]
[e-mail]




Source: Business Wire (March 6, 2008 - 6:48 PM EST)

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