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Ethanol Industry Veterans Appointed to Board of ALL Fuels & Energy

Posted on: Wednesday, 8 October 2008, 09:00 CDT

ALL Fuels & Energy (OTCBB:AFSE) announced that shareholders holding a majority of its outstanding shares had voted, by a written consent, to remove three directors, Mark W. Leonard, Steven J. Leavitt and Brian K. Gibson. The former directors were removed without cause. Following the removal action, the remaining director of AFSE, Dean Sukowatey, appointed two ethanol industry veterans, James R. Broghammer and Scott D. Zabler, to fill two of the existing vacancies on AFSE's board of directors.

Mr. Brohammer has, for over 20 years, lead various operations that process corn into ethanol, corn syrup, fructose, pharmaceutical sugars, food starches and industrial grade starches. His experience includes employment with Archer Daniels Midland, Penford Products Company and, most recently, Pacesetter Management Group, a Virginia-based ethanol plant management company, where he has served as president since 2003. As president of Pacesetter Management Group, Mr. Broghammer is responsible for current ethanol production operations of ACE Ethanol, Stanley, WI, and Pine Lake Corn Processors, Steamboat Rock, IA. In addition, Mr. Broghammer also serves as president of Iowa River Railroad, the first short-line railroad started in Iowa in over twenty years, running from Marshalltown, IA, to Ackley, IA.

Mr. Zabler has, during the past 25 years, been employed by Ralston Purina, FCStone, Penford Products, Verasun Energy and, most recently, Pacesetter Management Group, where he serves as General Manager of Pine Lake Corn Processors, a 35 million gallon (annual) ethanol production plant. Mr. Zabler's experience includes all aspects of grain merchandising, such as buying, futures and options trading, and risk management. Along with grain merchandising, Mr. Zabler has also directed the selling of the ethanol co-products from the wet milling industry.

While at Verasun Energy, one of the country's largest ethanol production firms, Mr. Zabler was responsible for buying corn, purchasing natural gas, selling of the dry and wet distiller's grains, coordinating the selling of ethanol and overall risk management.

"James Broghammer and Scott Zabler are true experts in the ethanol industry. They have extensive experience improving ethanol plant operating efficiency, risk management, and technology. We are delighted to now have them join us on the board at ALL Fuels," said Dean Sukowatey, ALL Fuels & Energy, President.

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 alternative fuels, including ethanol and its co-products, cost saving efficiencies to the biofuels industry, and improved channels to market.

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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