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Wednesday, 09/30/2009 11:41:24 AM

Wednesday, September 30, 2009 11:41:24 AM

Post# of 56273
DALLAS, Sep 30, 2009 (GlobeNewswire via COMTEX) -- Evolution Fuels, Inc. (Pink Sheets:EVFL) (the "Company") today announced the appointment of Mr. David Farmer as its new Chief Financial Officer.

"We are pleased to have an experienced financial executive as David join our team," said Dennis McLaughlin, CEO of Evolution Fuels. "His strong background will be a tremendous asset to the Company."

Mr. Farmer has over 35 years experience in public accounting as well as the financial services industry. His experience includes SEC reporting, strategic corporate planning, mergers and acquisitions, banking, regulatory compliance, and commercial real estate development.

Mr. Farmer has provided consulting services for the past three years, which have involved SEC reporting, acquisitions due diligence and negotiations, and capital raises. From 2003 to 2007 he was Founder, President, and Chief Executive Officer for Equity Bank, which grew from $25 million in assets to $250 million in assets over a three-year period. From 1993 to 2003, Mr. Farmer served in several senior level positions for various banking and real estate companies in such capacities as Chief Executive Officer, Chief Financial Officer, and Chief Operating Officer. Throughout his career he has demonstrated a consistent ability to accomplish corporate goals and establish high performance standards.