AVNE NEWS --
GEORGETOWN, SC, May 12, 2010 (MARKETWIRE via COMTEX) -- Renewed World Energies,
Inc., a majority owned subsidiary of Aventura Equities, Inc. (PINKSHEETS: AVNE)
announced that BioEcoTek-Hawaii select ed Renewed World Energies, Inc.'s ("RWE")
bioreactor for an innovative pilot demonstration utilizing wastewater at a
sewage treatment plant located in Oahu, Hawaii. This project possesses the
promise to make wastewater treatment facilities net positive energy producers
while reducing greenhouse gases.
John P. Venners, President of BioEcoTek-Hawaii, said, "After an extensive search
for a robust, cost efficient photo bioreactor system we chose RWE's system. It
is clear to us that this self contained system offers us maximum flexibility and
reliability to conduct the necessary tests prior to full scale
commercialization. We were also impressed with RWE's experienced management team
and their thorough understanding of the business opportunities in algae."
"We are excited about BioEcoTek's selection of our bioreactor for their
innovative project," stated Rick Armstrong, Chief Executive Officer of Aventura
Equities (PINKSHEETS: AVNE), the majority owner of RWE.
Safe Harbor Statement: This release includes forward-looking statements intended
to qualify for the safe harbor from liability established by the Private
Securities Litigation Reform Act of 1995. These forward-looking statements
generally can be identified by phrases such as AVNE or its management
"believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or
other words or phrases of similar import. Similarly, statements herein that
describe the Company's business strategy, outlook, objectives, plans, intentions
or goals also are forward-looking statements. All such forward-looking
statements are subject to certain risks and uncertainties that could cause
actual results to differ materially from those in forward-looking statements.
Website: www.aventuraequities.com
Website: www.rwenergies.com
Website: www.bioecotek.com
Aventura Equities Investor Relations
Jeff Berkowitz:
561-348-0524
SOURCE: Aventura Equities, Inc.
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Food and Beverage:Beverages
Food and Beverage:Food
