Wall Street Reporter, Inc. Interviews New Generation Biofuels Holdings, Inc. President and CEO Cary J. Claiborne
COLUMBIA, Md., May 13 /PRNewswire-FirstCall/ -- Renewable fuels provider New Generation Biofuels Holdings, Inc. (NasdaqCM: NGBF) ("NGBF" or the "Company") today announced that Cary J. Claiborne, President and CEO of NGBF was interviewed on May 12th by Wall Street Reporter (WSR) Senior Analyst Juan Costello. The interview provides an overview of the Company and its technology and an update of Company achievements since the last WSR interview in March 2009 including; an MOU and due diligence work with an investment group in China (Regent Trend Investment Ltd.) that, if completed, will be a major transformational deal for NGBF and the expansion of the Technology License Agreement to increase royalty payments and fees on fuel sales outside of the Company's territory. Mr. Claiborne also talked about the Company's management team and Board of Directors as well as providing an update on changes in market trends. The Wall Street Reporter is an established and important information source for public companies. The interview will be available to their global investor audience, which includes fund managers, stockbrokers, analysts, and investment bankers, as well as sophisticated individual investors.
The interview is available at www.wallstreetreporter.com, or directly via the link provided below: http://www.wallstreetreporter.com/2010/05/new-generation-biofuels-holdings-nasdaq-ngbf
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, 2009 and in subsequent filings with the Securities and Exchange Commission.
Media Contact: Bryan McPhee ph: (410) 652-1159 |
IR Contact: Rob Schatz ph (212) 370-4500 or |
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SOURCE New Generation Biofuels Holdings, Inc.
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