New Generation Biofuels Announces Third Quarter 2009 Financial Results Conference Call

COLUMBIA, Md., Nov. 10 /PRNewswire/ — Renewable fuels provider New Generation Biofuels Holdings, Inc. (Nasdaq: NGBF) (“NGBF” or the “Company”) today announced that it will report its financial results for the quarter ended September 30, 2009, on Friday, November 13, 2009.

The Company will host a webcast and conference call to discuss results on November 13, 2009 at 11:00 AM Eastern. To access the webcast, visit the Investor Relations section of the company’s website at http://www.newgenerationbiofuels.com/investor-relations.php. Interested parties may participate in the conference call by dialing 877-941-6011 (U.S. participants) or 1-480-248-5080 (international participants) 5-10 minutes prior to the start of the call. A replay of the conference call will be available from 5:00 PM EST on November 13, 2009 through 11:59 PM EST on December 14, 2009 by dialing 800-406-7325, access code 4182697. To access a replay of the webcast, visit the Investor Relations section of the company’s website at http://www.newgenerationbiofuels.com/investor-relations.php.

About New Generation Biofuels, Holdings, Inc.

New Generation Biofuels is a renewable fuels provider. New Generation Biofuels holds an exclusive license for North America, Central America and the Caribbean to commercialize proprietary technology to manufacture alternative biofuels from plant oils and animal fats that it markets as a new class of biofuel for power generation, commercial and industrial heating and marine use. The Company believes that its proprietary biofuel can provide a lower cost, renewable alternative energy source with significantly lower emissions than traditional fuels. New Generation Biofuels’ business model calls for establishing direct sales from manufacturing plants that it may purchase or build and sublicensing its technology to qualified licensees.

Forward Looking Statements

This news release contains forward-looking statements. These forward-looking statements concern our operations, prospects, plans, economic performance and financial condition and are based largely on our current beliefs and expectations. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results expressed or implied by such forward-looking statements The risks and uncertainties related to our business include all the risks attendant a development stage business in the volatile energy industry, including, without limitation, the risks set forth under the caption “Risk Factors” in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2008.

    Media Contact: Phil Wallis              IR Contact: John Baldissera
    ph: (321) 363-5113                      ph: (800) 368-1217
    Or pjwallis@newgenerationbiofuels.com   Or: Rob@wolfeaxelrod.com

SOURCE New Generation Biofuels Holdings, Inc.