Demand for fuels made from renewable, environmentally friendly materials is growing.
High oil prices make gas more expensive at the pump – as a result alternative fuels become more economic.
Alternate energy stocks can perform well because companies fill a critical need for transportation fuels.
Alternative fuels redue the need for imported oil and help America become more energy independent.
Why Invest in AETE?
Flexible feedstock capable technology does not lock the company into one source of raw material for the production of biofuels.
Advanced technology produces multiple fuel outputs – not just one product like ethanol and biodiesel plants.
Can produce ethanol, butanol, biodiesel, gasoline, biopolymers, biocrude, bioplastics and more.
Commercial production expected to start in 2008.
Management
Mr. Brown Marks, CEO, Chairman
Mr. Marks is an executive with over 30 years of management experience. His prior experience includes ten years with Armco/National Oilwell, (now National Oilwell), [NYSE: NOV] where he was Manager of Business Strategy. He directed worldwide strategic planning, directed development of 5-year business plans and conducted business development activities including acquisitions and technology transfers. From 1992 to 2003 he served as President & General Manager for several Waste Management, Inc. [NYSE: WMI] operations including the State of Louisiana, with responsibility for all landfills, solid waste collection, transfer and recycling operations. Prior to that he has worked for Inland Container Corporation. He is a graduate of the University of Indiana and has completed graduate work at Xavier University and Columbia University and the former President of The North American Society of Corporate Planners in Houston, Texas.
Steve Turknet, CFO, Director
Mr. Turknet comes to AETE as the CFO. His is a partner of RSI Partners, LLC, in Arlington, Texas where he has served since 1999. Prior to joining RSI Partners, Mr. Turknet was a partner in Turknett & Gosh, a Texas accounting firm. His prior work includes Norton Company in Troy, New York from 1998 to 1992 and Memorex Consumer Products, a division of Tandy Corp. He began his career at Price Waterhouse in 1980 where he worked in the SEC practice.
John Michael Johnston, EVP, Corporate Counsel and Director
Mike Johnston is a successful lawyer who will assist the company with its growth, legal compliance, intellectual property and business development. In addition to practicing law, Mr. Johnston served as North American Regional Manager for O’Connor Actuarial, Ltd. from 1996 to 2001. He obtained his law degree from the University of Oklahoma in 1971 and is admitted to practice before the Supreme Court of the United States.
David Mordekhay, VP Business Development
Mr. Mordekhay has founded and managed several successful international trading companies including manufacturing, marketing and import/export. He has founded companies such as Millennium 2000, DaveMore, Ltd and Continental Connections USA, LLC. He has managed multiple government construction projects in Israel. Mr. Mordekhay will assist with negotiations, international development and client services.
The Alternative Energy Technology Center designs technology solutions for renewable transportation fuels. Cellulosic transportation fuels will contribute significantly to America’s energy security. Our technology makes tomorrow’s energy goals achievable today by producing cost efficient transportation fuels from common non-food biomass.
The Company’s research and development center in the Woodlands, Texas provides an advanced development and testing platform for the implementation of multiple green fuel technologies.
These core technologies deliver significant value beyond the alternative energy space. We will actively develop derivative technologies with our commercialization partners.
"ALTERNATIVE ENERGY IS THE FUTURE"
Nature captures energy from the sun which is stored in the cells of plants as they grow. Energy stored in plants includes carbohydrates known as cellulose, fats, proteins and sugars.
We develop technologies that transform these natural energy cells into biofuels, such as ethanol and biodiesel, as well as other end products such as bioplastics, biocrude and chemicals.
AETE will create low-cost transportation fuels using our proprietary technology for processing cellulosic biomass into affordable, flexible fuels. Biomass such as wood chips, switchgrass and agricultural waste, is less expensive than food type feed-stocks that were used in the first generation of ethanol and biodiesel plants.
Our technology can use a wide variety of plant based input materials to efficiently produce transportation fuels. We expect to become an important player in delivering cellulose based transportation fuels to America’s consumers at efficient prices.
Vision
The Company’s goal is to provide a platform for energy independence based upon the use of renewable non-food biomass. We believe this will reduce dependence on foreign oil imports; provide cheaper transportation fuels and significantly strengthen America’s agricultural economy. Our mission is to become a world leader in transportation fuels technology while supporting and strengthening the environment.
Meridian Biorefining, Inc.
Meridian is a wholly owned operating subsidiary of AETE. Meridian refines biomass into end products such as transportation fuels, chemicals and plastics.
Meridian’s refining technology can accept a wide range of feed-stocks and process them into an equally wide range of end products. Alternative energy companies have suffered from a lack of flexibility when feed-stock prices or market conditions shift. Meridian is not locked in to producing a single fuel product such as ethanol or biodiesel. Meridian can adjust its refining process to produce ethanol, biodiesel, gasoline, heating oils, polymers, chemicals and lubricants – very similar to the product mix of a crude oil refinery.
It is the energy of the sun that is processed into the end product which powers your automobile. The energy we produce at AETE comes from this same source, The path taken from the sun’s energy to fuel for your car is very different, however.
Plants act as energy storage devices by transforming the sun’s energy into carbohydrates, oils and sugars. Carbohydrates – known as cellulose – are the most abundant plant material on earth.
Over millions of years, piles of plants accumulate on the earths surface in the form of humus. This plant material is transformed by time, pressure and heat into crude oil reserves which have fueled the petroleum economy of the world for the last 100 years.
Crude oil – the residue of plants from millions of years ago – is pumped from the ground and refined into hundreds of products used every day throughout the world. The most common include gasoline, diesel and plastics.
Meridian biorefining takes the same molecules used by nature to create crude oil and transforms these molecules into the same end products produced from crude oil by an oil refinery. The big difference – and it is a big difference -- is that we skip the 5 million year process used by nature to create crude oil. We take the renewable biomass and refine it directly into the end products that can be made from crude oil.
Creating renewable fuels will reduce the need for imported oil, contribute to America’s energy independence, and strengthen the role of agriculture and the environment in energy production.
