Emvelco Corp. to Voluntarily Delist from NASDAQ

Company Seeking to Trade on the OTC Bulletin Board
WEST HOLLYWOOD, Calif.--(Business Wire)--
Emvelco Corp. (NASDAQ: EMVL) announced that the Company has
determined to voluntarily delist from The NASDAQ Stock Market and
today provided NASDAQ with notice of its intent to do so. The Company
is taking this action to reduce and more effectively manage its
regulatory and administrative costs, and to enable Company management
to better focus on the growth and development of the Company's
business and prospects. In that regard, the Company intends to focus
its business on developing the natural gas drilling rights recently
acquired in connection with the acquisition of Davy Crockett Gas
Company, LLC, which was announced on May 9, 2008. The Company will
continue to adhere to the highest standards of corporate governance
and public disclosure.

The Company has requested that its shares be suspended from
trading on NASDAQ at the open of the market on June 26, 2008, after
which, following clearance by the Financial Industry Regulatory
Authority of a Form 211 application filed by a market maker in the
Company's stock, the Company anticipates that its shares will be
eligible for quotation and trading on the OTC Bulletin Board under the
symbol "EMVL." In accordance with applicable requirements, the Company
plans to file a Form 25 with the Securities and Exchange Commission on
or about June 16, 2008. The Company expects that the delisting from
NASDAQ will be effective ten days thereafter, or on or about June 26,
2008.

About Emvelco Corp.

Emvelco Corp. is focused on the business of identifying,
developing and operating companies within emerging industries for the
purpose of consolidation and sale if favorable market conditions exist
and is currently operating in the areas of real estate development and
the development of certain gas drilling rights located in Crockett
County, Texas.

Safe Harbor Statement

Some of the statements made by the Company in this press release
are forward-looking in nature. Actual results may differ materially
from those projected in forward-looking statements. The Company
believes that its primary risk factors include, but are not limited
to: production variances from expectations, volatility of product
prices, inability to raise sufficient capital to fund its operations,
environmental risks, competition, government regulation, turmoil in
the real estate industry and the ability of the Company to execute its
business strategy, among others. Additional information concerning
these and other important factors can be found within the Company's
filings with the Securities and Exchange Commission. Statements in
this press release should be evaluated in light of these important
factors.

Emvelco Corp.
Robin Ann Gorelick, 310-860-5644

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