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ALL Fuels & Energy to Negotiate License With Leading Institution for the ''Super Enzyme'' Which Targets the $85 Billion Dollar Ethanol Market

Posted on: Monday, 9 June 2008, 18:00 CDT

ALL Fuels & Energy (AFSE) announced that its subsidiary, AFSE Enzyme, has begun the process of negotiating a license and formal research agreement with the research and development institution that is to host AFSE's "super enzyme" research and development.

ALL Fuels & Energy believes that the super enzyme could reduce ethanol production cost to less than $1 per gallon if proven successful in upcoming trials. New plant construction cost, including ALL Fuels & Energy's current Iowa plant in development, could potentially be reduced by nearly 30% using this new super enzyme technology.

"ALL Fuels & Energy is really excited to bring the 'super enzyme' to the international ethanol industry. The use of these enzymes places cellulosic ethanol at the forefront, as the viable solution to America's energy crises," said Dean Sukowatey. President/CEO, ALL Fuels & Energy.

About ALL Fuels & Energy Company

Visit the company online at: www.allfuelsandenergy.com. ALL Fuels & Energy Company is a development-stage ethanol company organized to operate as an ethanol producer, focusing primarily on the production and sale of ethanol and its co-products. To date, AFSE has: obtained $2.3 million in private equity funding; purchased 150 acres on which to build its proposed ethanol production facility in Manchester, Iowa; and investigated and become involved in the potential acquisition of one or more existing ethanol production facilities, as well begun testing on "super" enzymes for use in ethanol production.

Safe Harbor Statement

This press release contains statements that may constitute forward-looking statements, including the company's ability to successfully acquire one or more ethanol production facilities. These statements are based on current expectations and assumptions and involve a number of uncertainties and risks that could cause actual results to differ materially from those currently expected. For additional information about ALL Fuels & Energy's future business and financial results, refer to ALL Fuels & Energy's Annual Report on Form 10-KSB for the year ended December 31, 2007. ALL Fuels & Energy undertakes no obligation to update any forward-looking statements that may be made from time to time by or on behalf of the company, whether as a result of new information, future events or otherwise.

Source: Business Wire

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