ALL Fuels & Energy Divests Land Holdings, Will Apply New Funds to Current Opportunities

ALL Fuels & Energy announced that it has sold its 160 acres located in Manchester, Iowa, following the board of directors’ determining that AFSE would be better positioned for strategic acquisitions and vertical integration in the ethanol industry, with more cash on hand. With this liquidity, AFSE has become better positioned for success in its ongoing enzyme development efforts, all purpose pipeline development efforts, and strategic acquisitions of ethanol assets.

“We are excited to have been able to convert our primary asset into cash at this time,” said Dean Sukowatey, ALL Fuels & Energy, President. “We believe our higher liquidity will serve us well in the ethanol industry at this time.”

Visit the company online at: www.allfuelsandenergy.com. ALL Fuels & Energy Company is a development-stage ethanol company organized to operate as an ethanol producer, focusing primarily on the production and sale of alternative fuels, including ethanol and its co-products, cost saving efficiencies to the befouls industry, and improved channels to market.