New Generation Biofuels CEO, Cary J. Claiborne, to Participate in the Maryland Clean Energy Summit's Alternative Fuels & Biomass Panel Discussion
COLUMBIA, Md., Sept. 28 /PRNewswire/ -- Renewable fuels provider New Generation Biofuels Holdings, Inc. (NasdaqCM: NGBF) ("NGBF" or the "Company") announced today that their President and CEO, Cary J. Claiborne, will be participating in the Maryland Clean Energy Summit's Alternative Fuels and Biomass panel discussion at 1:30 P.M. on October 4th at the Hilton Inner Harbor in Baltimore, Maryland. This energy summit and the related panel discussions bring together leaders from industry, academia and government to focus on the job creation and business development opportunities inherent in addressing the climate change challenge. Looking to the development of future technologies, policies, and finance, Maryland Clean Energy Summit participants will identify options, issues and action strategies to obtain winning outcomes for Maryland. Summit topics include:
- Energy as a National Security concern;
- Opportunities through Research & Development;
- Transportation and paving the way for Electric Vehicles;
- Overcoming challenges to implement Renewable Power Generation;
- Alternative Fuels & Biomass energy solutions;
- How Energy Management & the Built Environment can drive reduction in demand.
"This Clean Energy Summit will drive meaningful discussion and development of ideas related to building a sustainable energy future that benefits Maryland's businesses and its residents. I am honored to be contributing to this effort," said Cary J. Claiborne, CEO and President of NGBF. "This will also provide me with a great opportunity to showcase New Generation Biofuels' renewable biofuel technology which provides a ready-now alternative fuels solution. We feel our renewable biofuel, which significantly lowers NOx, SOx and carbon and is already being produced from feedstocks that avoid the 'food versus fuel' issue, can be a key contributor in overcoming challenges to renewable power generation," Mr. Claiborne continued.
About New Generation Biofuels, Holdings, Inc.
New Generation Biofuels is a developer and provider of renewable fuels. 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.
About Maryland Clean Energy Summit 2010
The Maryland Clean Energy Summit will be held on October 4th at the Hilton Inner Harbor in Baltimore, Maryland. For more information on this conference including registration, speakers, exhibitors and a detailed agenda go to: http://www.mdcleanenergysummit.org/index.php
Forward Looking Statements
This news release contains forward-looking statements. These forward-looking statements concern the Company's operations, prospects, plans, economic performance and financial condition and are based largely on the Company's 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, which include all the risks attendant an emerging growth company in the volatile energy industry, including those set forth in the Company's Annual Report on Form 10-K for the year ended December 31, 2009, and in subsequent filings with the Securities and Exchange Commission. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements or to update the reasons why the actual results could differ from those projected in the forward-looking statements.
Media Contact: Bryan McPhee ph: (410) 652-1159 |
IR Contact: Rob Schatz ph: (212) 370-4500 |
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SOURCE New Generation Biofuels Holdings, Inc.
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