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Ethanex Energy and Buhler to Present Bio-Refinery System at Fuel Ethanol Workshop

Posted on: Wednesday, 16 May 2007, 09:00 CDT

Ethanex Energy, Inc. (OTCBB: EHNX) and Minnesota based Buhler Inc. today announced that the companies will be presenting their bio-refinery ethanol production system at this year's Fuel Ethanol Workshop (FEW) Linking Industry & Innovation being held in St. Louis, Missouri from June 26 -- 29, 2007 at the America's Center. With a focus on issues and topics that improve production and plant operations, the FEW is the world's largest ethanol conference. The program includes technical sessions discussing commercial-scale ethanol production and near-term technology as well as an Expo of leading equipment and service providers. Further information about the FEW including registration can be found at: www.fuelethanolworkshop.com.

In early May 2007, Ethanex Energy and Buhler announced that the companies had entered into an agreement to collaborate on and jointly market a bio-refinery ethanol production system. The bio-refinery solution is comprised of Buhler's proprietary Selective Milling corn fractionation technology and Ethanex's Fractionation Integration Services, including an advanced energy center and co-product optimization platform. The integrated technology and services platform provides both existing and new ethanol plants the benefits of less energy consumed, increased ethanol production, lower cost fossil-free fuel and a greater number of higher value co-products, including food grade corn oil.

Ethanex Energy and Buhler participation at the Fuel Ethanol Workshop:

Where: The America's Center 701 Convention Plaza St. Louis, Missouri 63101

Corporate Booth #1446

When: June 26 - 29, 2007

About Buhler, Inc.

Buhler is a global specialist in the field of process and plant design and related services for transforming renewable and synthetic raw materials into high-quality functional products and valuable substances. Buhler employs some 7,000 people around the world.

Buhler is a leader in the technologies of milling, grinding, separating, blending & mixing, bulk handling, thermal treatment, and shaping for processing cereal grains into animal feed and food, as well as producing and upgrading engineering materials, and die casting.

Buhler's top priority is to help improve customers' performance (productivity and competitiveness) through close collaboration throughout the life cycles of their production plants, thereby creating additional value for their products. For more information about Buhler, visit www.buhlergroup.com.

About Ethanex Energy, Inc.

Ethanex Energy, Inc. is a renewable energy company whose mission is to become the ethanol industry's low-cost producer. The company expects to achieve this industry position through the application of next-generation feedstock technologies and use of alternative energy sources. Ethanex Energy is currently developing three ethanol production facilities located in the mid-west, with a combined production capacity of approximately 400 million gallons of ethanol per year. The Company expects its initial plants to be operational in 2008. Ethanex Energy is concentrating its geographic focus in areas that allow access to abundant supplies of corn, alternative energy sources, transportation infrastructure and the potential for expedited permitting. Ethanex Energy's acquisition and brownfield development strategies afford it rapid capacity development with significant operating cost advantages. The Company's senior management has over eighty years of experience in the energy sector including the design, construction and operation of hundreds of power generation facilities. Ethanex Energy is based in Basehor, Kansas with offices in Santa Rosa, California and Charleston, South Carolina. For more information about Ethanex Energy, visit www.ethanexenergy.com.

Forward-Looking Statements

This press release contains 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, including without limitation those statements regarding the Company's ability to exploit ethanol development and production opportunities. These statements are expressed in good faith and based upon a reasonable basis when made, but there can be no assurance that these expectations will be achieved or accomplished. Although the forward- looking statements in this release reflect the good faith judgment of management, forward-looking statements are inherently subject to known and unknown risks and uncertainties that may cause actual results to be materially different from those discussed in these forward-looking statements including, but not limited to, our inability to generate sufficient operating cash flow to construct and adequately maintain our production facilities and service our anticipated debt, commodity pricing, environmental risks and general economic conditions. Readers are urged to carefully review and consider the various disclosures made by us in the our reports filed with the Securities and Exchange Commission, including those risks set forth in the Company's Current Report on Form 10-KSB filed on April 02, 2007, which attempt to advise interested parties of the risks and factors that may affect our business, financial condition, results of operation and cash flows. If one or more of these risks or uncertainties materialize, or if the underlying assumptions prove incorrect, our actual results may vary materially from those expected or projected. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. We assume no obligation to update any forward- looking statements in order to reflect any event or circumstance that may arise after the date of this release.

Source: Business Wire

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