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09/24/09 1:35 PM

#4929 RE: backtrax #4921

DALLAS, Sep 24, 2009 (GlobeNewswire via COMTEX) -- Evolution Fuels, Inc. (Pink
Sheets:EVFL) (the "Company") today announced that its Board of Directors
authorized a stock repurchase program under which up to ten billion shares of
its outstanding common stock may be acquired in the open market over the next
six months at the discretion of management.

The shares will be purchased from time to time at prevailing market prices,
through open market or unsolicited negotiated transactions, depending upon
market conditions. Under the program, the purchases will be funded from
available working capital, and the repurchased shares will be held in treasury
or used for ongoing stock issuances such as issuances under employee stock
plans. There is no guarantee as to the exact number of shares that will be
repurchased by the Company, and the Company may discontinue purchases at any
time that management determines additional purchases are not warranted.

Evolution Fuels' CEO, Dennis McLaughlin, remarked, "The Board's approval of this
program reflects our confidence in Evolution Fuels' future. Repurchasing stock
demonstrates our commitment to enh ancing stockholder value."

About Evolution Fuels, Inc.

The Company endeavors to market renewable transportation fuels at retail fuel
stations that will provide blends of ethanol from 10% to 85% (E10 to E85), and
biodiesel blends from 5% to 20% (B5 to B20). The Company's plan calls for the
development of a chain of renewable fuel stations that extend from Texas to
Mississippi that will be a combination of "Evolution Fuels"-branded fuel
stations/convenience stores and western-motif truck stops modeled after the
Willie's Place Truck Stop in Carl's Corner, TX. The Company's Web site is
www.evolution-fuels.com.

Forward-Looking Statements Disclosure

This press release may contain "forward-looking statements" within the meaning
of the federal securities laws. In this context, forward-looking statements may
address the Company's expected future business and financial performance, and
often contain words such as "anticipates," "believes," "estimates," "expects,"
"foresees," "intends," "plans," "seeks," "will," and other terms with similar
meaning. These forward-looking statements by their nature address matters that
are, to different degrees, uncertain. Although the Company believes that the
assumptions upon which its forward-looking statements are based are reasonable,
it can provide no assurances that these assumptions will prove to be correct. In
connection with the "safe harbor" provisions of the federal securities laws,
including the Private Securities Litigation Reform Act of 1995, important
factors that, among others, could cause or result in actual results and
experience to differ materially from the Company's anticipated results,
projections, or other expectations are disclosed in the Company's filings with
the Securities and Exchange Commission. All forward-looking statements in this
press release are expressly qualified by such cautionary statements, r isks, and
uncertainties, and by reference to the underlying assumptions.

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: Evolution Fuels, Inc.


By Staff

CONTACT: CONTACT: Evolution Fuels, Inc.

Media & Investor Relations

Randy Hepler

866-765-4940

investors@evolution-fuels.com