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United Ethanol Group Signs Definitive Agreement With U.S. Sustainable Energy Corp.

Posted on: Wednesday, 28 February 2007, 12:01 CST

United Ethanol Group, Inc. (OTCBB: ONYI) has signed a definitive agreement with U.S. Sustainable Energy Corp. (PINKSHEETS: USSE), allowing for the formal creation of a new partnership to integrate technology processes for market entrance into the lucrative automotive and transportation fuel sectors.

The exclusive license allows United Ethanol Group and subsidiary Diversified Ethanol to maximize the value of future ethanol production, by utilizing the USSEC technologies and biofuel processes within the company's own proprietary manufacturing methods. Together the partnership is able to significantly reduce the costs traditionally associated with ethanol production, providing the group with significant competitive advantages for manufacturing contracts and turnkey production facilities.

The United Ethanol Group strategic development plan includes for the design and construction of three hundred turnkey ethanol production facilities over the next four years, providing a total planned production capacity of more than 200 million gallons per annum. The modular plant facilities are designed to be scalable to meet the diverse requirements of emerging producers. United Ethanol Group will also provide new plant owners with easy market access to co-operatively market and sell all ethanol produced direct to fleet and retail buying groups within the automotive and transportation sectors.

United Ethanol Group's Chairman of the Board, John Rivera stated, "This is an exciting step towards utilizing our mutual production strengths and energy processes to enter the transportation markets quickly and efficiently. Our combined technologies and process improvements will give United Ethanol Group significant competitive advantages as a green energy company and worldwide leader in ethanol production."

This definitive agreement between United Ethanol Group and U.S. Sustainable also details the conditions needed to move towards completing the previously announced Memorandum of Understanding outlining the planned merger and corporate restructure. Under terms of the agreement, USSEC stock will be merged into ONYI, and will become a full reporting company trading on the bulletin boards. The surviving entity will be renamed to U.S. Sustainable Energy Corp.

About U.S. Sustainable Energy Corp.

U.S. Sustainable Energy offers a revolutionary and patent pending new energy process that creates three times more fuel per feedstock unit than any other biofuel process. The company has engineered the first bio-renewable fuel able to serve as a replacement to diesel, with none of the negative traits associated with competitive fuels.

The USSEC biofuel is furthermore created at a nominal cost as the byproduct of producing organic fertilizer from recycled waste products, a discovery made during research into agricultural biomass now known as the "Rivera Process." The technology offers a solution to foreign oil dependence, significant reduction to the cost of electricity and ethanol production, and the eventual reversal of greenhouse gas emissions.

Management and current operations are focused on leveraging the superior performance and low cost of the carbon, fertilizer and biofuel within bundled plant operations, turnkey energy contracts, ethanol production, and other critical applications that rely on energy as a major cost component.

 Contacts:  Investor Contact: Redwood Consultants, LLC Jens Dalsgaard 415-884-0348  Information Bureau: Robert Davis Maximus Communications 800-605-7620  

SOURCE: U.S. Sustainable Energy Corp.

Source: MARKET WIRE

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