AETE Announces $1 Ethanol

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Mon Mar 17, 2008 8:00am EDT

HOUSTON--(Business Wire)--
The Alternative Energy Technology Center, Inc. (OTC:AETE)
announced today its plans to produce ethanol for the U.S. market at
less than $1 per gallon. AETE will refine biomass into fuel products
using its exclusive technology.

   Most new automobiles built in the U.S. by General Motors (NYSE:GM)
and other manufacturers are equipped to run on 85% ethanol. To fuel
these cars ethanol production must be expand significantly. With corn
at over $5 per bushel, current plants spend nearly $2 to produce a
gallon of ethanol that sells for $2.60. AETE's process using common
cellulosic biomass will produce ethanol for less than $1 per gallon.

   "One dollar ethanol will allow us to operate profitably without
government subsidies or incentives," noted Brown Marks, AETE's
President. "We expect to produce over 100 gallons of fuel per ton of
cellulosic biomass which costs about $65 in today's market," he
stated. "We have designed our technology to use low cost feed stocks
that are widely available at low cost. We use a low energy input
design to increase efficiency and we can place our plants wherever
there is abundant biomass available," he concluded.

   The Company: The Alternative Energy Technology Center, Inc.
(OTC:AETE), based in The Woodlands, TX, is a technology company
focused on biofuels and alternative energy technologies. It is
developing the first true biorefinery in the U.S. It will focus on
technologies using renewable energy inputs from non-food energy
sources and on technologies that can be scaled up to efficiently
addresses the post-petroleum energy needs of the United States.

   For more information, please visit our homepage at:
www.AltEnergyTechCenter.com

   Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: This news release contains forward-looking
information within the meaning of Section 27A of the Securities Act of
1933, as amended, and Section 21E of the Securities Exchange Act of
1934, as amended, including statements that include the words
"believes," "expects," "anticipate" or similar expressions. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance or achievements of the company to differ materially from
those expressed or implied by such forward-looking statements. In
addition, description of anyone's past success, either financial or
strategic, is no guarantee of future success. This news release speaks
as of the date first set forth above and the company assumes no
responsibility to update the information included herein for events
occurring after the date hereof.

The Alternative Energy Technology Center, Inc., Houston
David Mordekhay, 832-358-0230
www.AltEnergyTechCenter.com

Copyright Business Wire 2008
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