Adino Energy Executes Option to Purchase North Houston Terminal

HOUSTON, Aug. 5 /PRNewswire-FirstCall/ -- Adino Energy Corporation
(OTC Bulletin Board: ADNY; together with its affiliates, "Adino" or the
"Company") today announced that its wholly owned subsidiary, Intercontinental
Fuels, LLC ("IFL") has executed the option to purchase the North Houston fuel
terminal next to George Bush Intercontinental Airport (IAH) it currently is
operating under a leasing agreement.
Under the terms of the Purchase Option, IFL will purchase the North
Houston terminal for $3.55 million. In connection with the exercise of the
Purchase Option, IFL has signed a non-binding term sheet for a $5 million
senior secured debt facility. Proceeds of the financing are contemplated to be
used for the closing of the purchase of the North Houston Terminal, retirement
of existing debt and general corporate purposes. Closing of the purchase is
anticipated within 60 days, but is subject to obtaining final financing.
About Adino Energy Corporation, Inc.
Adino Energy Corporation (ADNY) is a wholesale fuel distributor and fuel
terminal operator based in Houston, Texas. Adino Energy not only offers
storage, delivery, and blending of diesel fuel, but also offers biodiesel to
the growing "green" fuels market. Biodiesel is a clean burning, nontoxic,
sulfur-free, and biodegradable alternative fuel for compression-ignition
(diesel) engines made from animal fat or vegetable oil.
One of our most important responsibilities is to communicate with
shareholders in an open and direct manner. Comments are based on current
management expectations, and are considered "forward-looking statements,"
generally preceded by words such as "plans," "expects," "believes,"
"anticipates," or "intends." We cannot promise future returns. Our
statements reflect our best judgment at the time they are issued, and we
disclaim any obligation to update or alter forward-looking statements as the
result of new information or future events. Adino Energy Corporation urges
investors to review the risks and uncertainties contained within its filings
with the Securities and Exchange Commission.
SOURCE Adino Energy Corporation, Inc.

Steve Haag, Investor Relations of Adino Energy Corporation, +1-281-209-9800,
shaag@adinoenergycorp.com