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Medical Discoveries, Inc., Dba Global Clean Energy Holdings, Appoints Richard Palmer Chief Executive Officer

Posted on: Monday, 7 January 2008, 09:00 CST

Medical Discoveries, Inc., dba Global Clean Energy Holdings, Inc. (Pink Sheets: MLSC) or "MDI/Global," announced today that it has appointed Richard Palmer, MDI/Global's current President and Chief Operating Officer, to the additional position of Chief Executive Officer. As part of a pre-planned transition of management, the Company accepted the resignation of Judy Robinett, the Company's previous Chief Executive Officer. Ms. Robinett also resigned from the Company's Board of Directors.

"I am pleased that Richard has accepted the additional position of CEO," said Dave Walker, MDI's Chairman. "In the short time that Richard has been with the Company he has been instrumental in MDI/Global securing additional financing, helping it become a fully reporting entity, and quickly moving the Company along its new business path. I would also like to thank Judy for her role in the successful acquisition of Global Clean Energy Holdings, LLC and wish her well in the future. We believe under Richard's leadership that we are positioning the Company to become a leader in the production of non-food based biofuels feedstock, and high quality biomass."

About Medical Discoveries, Inc.

Medical Discoveries, Inc. is now an emerging renewable energy company focused on the production of feedstock used for the production of alternative-energy fuels. The company intends to divest itself of its remaining legacy biopharmaceutical assets, and intends to change its name and ticker symbol to reflect its new focus on the bio-diesel alternative energy market. The company also intends to re-list its shares of common stock on the Over-the-Counter Bulletin Board as soon as possible.

Caution Regarding Forward-Looking Statements

Any statements in this press release about Medical Discoveries' expectations, beliefs, plans, objectives, assumptions or future events or performance are not historical facts and are forward-looking statements for purposes of the Private Securities Litigation Reform Act of 1995 (the "Act"). These statements are often, but not always, made through the use of words or phrases such as "believe,""feel", "will,""expect,""anticipate,""estimate,""intend,""plan,""forecast,""could," and "would". Examples of such forward looking statements include statements regarding the timing, design, scope, and anticipated results of its efforts to plant, harvest, and commercialize feedstock oil from Jatropha curcas in Mexico. Medical Discoveries bases these forward-looking statements on current expectations about future events. They involve known and unknown risks, uncertainties and assumptions that may cause actual results, levels of activity, performance or achievements to differ materially from those expressed or implied by any forward-looking statement. Some of the risks, uncertainties and assumptions that could cause actual results to differ materially from estimates or projections in the forward-looking statement include, but are not limited to, the risk that we might not be able to raise sufficient funds to develop the Jatropha plantations in Mexico, that we may face delays or other difficulties in acquiring and cultivating Jatropha farm lands in Mexico, that we may not be able to successfully commercialize Jatropha oil as expected, that the market for our Jatropha products will not grow as expected, and the risk that the Mexican Jatropha project will not achieve expectations because of the risks normally associated with creating a new business in a new market. For additional information about risks and uncertainties Medical Discoveries faces, see documents Medical Discoveries files with the SEC, including Medical Discoveries report on Form 8-K filed September 17, 2007 concerning the acquisition of the alternative-energy feedstock assets from Global Clean Energy Holdings LLC and its recently filed Form 10-KSB for the period ended December 31, 2006 Medical Discoveries claims the protection of the safe harbor for forward-looking statements under the Act, and assumes no obligation and expressly disclaims any duty to update any forward-looking statement to reflect events or circumstances after the date of this news release or to reflect the occurrence of subsequent events.

Source: Business Wire

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