Evolution Fuels Signs Lease for Second Kansas Fuel Station

DALLAS, Feb. 4 /PRNewswire-FirstCall/ -- Evolution Fuels, Inc. (Pink Sheets: EVFN) (the "Company") today announced, as part of its strategic alliance, it has executed a second lease agreement with J&J Developments, Inc. ("J&J") for a fuel station located in Topeka, KS.

This is the second station of what the Company anticipates will be a series of locations leased from J&J.  The station is located on a prime intersection of Topeka that experiences an average traffic count of over 25,000 vehicles per day.  This newly constructed fuel station/convenience store is strategically located at the northeast corner of the intersection of S.E. Adams St and S.E. 15th St, which serves as a major corridor within eastern Topeka.  The station has five Dresser Wayne multi-product blending dispensers that will each provide E20 (20% ethanol/80% gasoline), E30, and E85 blended products, as well as regular and premium gasoline.  There is also a diesel dispenser that will offer a blended biodiesel product.  

The Company is in the process of re-imaging the station to the "Evolution Fuels" brand in preparation of operations commencing before the end of this month.  This is the second station leased from J&J following Evolution Fuels' lease of a fuel station in Manhattan, KS, which was announced on February 2, 2010.

The Company will summarize the terms of its leasing activities in its next quarterly financial filing.  

As part of its overall strategic plan, the Company has formed an alliance with J&J, a premier commercial real estate developer with a strong focus on fuel stations, convenience stores, and truck stop travel plazas.  This alliance extends Evolution's planned rollout region to the state of Kansas, and helps to expedite the plan in other areas of the southwestern United States.  

About Evolution Fuels, Inc.

Evolution Fuels, Inc. endeavors to market renewable transportation fuels at retail fuel stations that will provide superior quality fuels to competing fuel stations by virtue of the blending capability within the fuel dispensers at its stations and offering the blends at competitive prices.  The stations will offer ethanol/gasoline blends of fuel including 10% ethanol/90% gasoline (E10), 20% ethanol/80% gasoline (E20), 30% ethanol/70% gasoline (E30), and 85% ethanol/15% gasoline (E85).  The latter three blends are intended for flex-fuel vehicles, although recent studies have shown that many legacy vehicles on the road today may use E20 and E30 blends without incurring damage to the engines or fuel systems.  The Company's plan calls for the development of a chain of renewable fuel stations in the southwestern and southeastern United States that will be a combination of "Evolution Fuels"-branded fuel stations/convenience stores and western-motif truck stops modeled after Willie's Place Truck Stop in Carl's Corner, TX.  The Company's Web site is www.evolution-fuels.com.

Forward-Looking Statements Disclosure

This press release may contain "forward-looking statements" within the meaning of the federal securities laws.  In this context, forward-looking statements may address the Company's expected future business and financial performance, and often contain words such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "seeks," "will," and other terms with similar meaning.  These forward-looking statements by their nature address matters that are, to different degrees, uncertain. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can provide no assurances that these assumptions will prove to be correct.  In connection with the "safe harbor" provisions of the federal securities laws, including the Private Securities Litigation Reform Act of 1995, important factors that, among others, could cause or result in actual results and experience to differ materially from the Company's anticipated results, projections, or other expectations are disclosed in the Company's filings with the Securities and Exchange Commission.  All forward-looking statements in this press release are expressly qualified by such cautionary statements, risks, and uncertainties, and by reference to the underlying assumptions.

SOURCE Evolution Fuels, Inc.