AutoMax Group Holdings (AUMX) Enters Into a Memorandum of Understanding to Merge With BioCentrics Energy, Inc., a Green

HUNTINGTON BEACH, CA, Sep 02 (MARKET WIRE) --
BioCentric Energy, Inc. (BCEI), Dun & Bradstreet # 62-123-2946, has
agreed on the terms and conditions of a Memorandum of Understanding to
merge with AutoMax Group Holdings Inc. (PINKSHEETS: AUMX). When the
imminent merger occurs, the proposed name and symbol with be changed to
BioCentric Energy Holdings (BCEH).

BioCentric Energy, Inc. is dedicated to the development of new
technologies as well as acquiring and fostering companies with innovative
technologies designed to provide unique and effective green energy
solutions for the 21st century. Along with the cultivation of important
relationships and partnerships with synergistic entities, BioCentric
Energy has devoted substantial time and effort in research and
development in order to bring a range of innovative green energy
alternatives to the marketplace.

Dennis Fisher, President and CEO of BCEI, stated today, "Our team has been
diligently working to build the foundation of a public company that not
only delivers on green energy solutions, but emphasizes earnings to
increase shareholder value while growing our company. We will be the first
in our segment to achieve earnings while providing 'Our Solutions of
Tomorrow... Today.'"

BCEI was incorporated in the state of California in 2006, and presently
has three major projects in development:

(1) BIOCENTRIC ENERGY ALGAE, LLC

BioCentric Energy Algae (www.biocentricenergyalgae.com) projects are all
designed with the same functionality and purpose. Two algae projects are
currently being developed, one in Lake Elsinore, California and the other
in the Guangdong Province of China.

What we do...

1) Capture the CO2 and NOX from Smokestacks...

2) Feeding the Community Toxins to an enhanced proprietary closed loop
Algae solution where harmful emissions from the smokestack will be
devoured...

3) Then taking that Algae (which replicates every seven hours) and
separating the oil from the algae...

4) Make biodiesel from the Algae oil for transportation...

5) Feed the left over algae residue through a Pyrolysis unit, which
decomposes this organic material by heating in the absence of oxygen and
creates a syngas (synthesis gas) that will be utilized for electrical
generation...

6) Then capturing the smokestack emissions from the generators and the
Biodiesel Production and feeding it again to the algae...

Revenue Streams

a) Carbon Credits

b) Biodiesel Sales

c) Biodiesel Blend Credit

d) Electrical Energy Sales

(2) BIOCENTRIC ENERGY CONSORTIUM, INC.

Dun & Bradstreet Number: 809987642

The BioCentric Energy Consortium brokers the supply and delivery of
organic oils, such as, crude, degummed Soybean oil, Rapeseed oil, and
Palm Oil, to Biodiesel facilities. BioCentric Energy Consortium consists
of many broker members directly tied into the 'Producers of Organic Oils'
and to 'Buyers of Biodiesel' through what is known in the industry as the
"Seller's Mandate" or the "Buyers Mandate."

Revenue:

Just less than 1% of total sales -- average contract size is over
$200,000,000 per year.

(3) BIOCENTRIC ENERGY MICROWAVE, LLC

BioCentric Energy Microwave is in the process of developing a solution
that utilizes a proven technologically advanced microwave solution to
produce energy from waste products.

About BioCentric Energy Incorporated:

BioCentric Energy, Inc. (BCEI) is primarily a research & development
holding company, whose principals are involved in seeking innovative green
energy solutions for the 21st Century. Our mission is to increase the
company's value through the discovery, development, and implementation of
renewable energy projects. The strategy utilizes our extensive experience
and global contacts to uncover opportunities through joint ventures,
association agreements, and/or acquisitions. We believe in establishing
strong partnerships with industry leaders at the appropriate point in a
projects development.

Safe Harbor Statement:

Except for historical information contained herein, the matters set forth
above may be forward-looking statements that involve certain risks and
uncertainties that could cause actual results to differ from those in the
forward-looking statements. Words such as "anticipate," "believe,"
"estimate," "expect," "intend" and similar expressions, as they relate to
the Company or its management, identify forward-looking statements. Such
forward-looking statements are based on the current beliefs of management,
as well as assumptions made by and information currently available to
management. Actual results could differ materially from those contemplated
by the forward-looking statements as a result of certain factors such as
the level of business and consumer spending, the amount of sales of the
Company's products, the competitive environment within the industry, the
ability of the Company to continue to expand its operations, the level of
costs incurred in connection with the Company's expansion efforts,
economic conditions in the industry and the financial strength of the
Company's customers and suppliers. The Company does not undertake any
obligation to update such forward-looking statements. Investors are also
directed to consider all other risks and uncertainties.

For more information, please contact:

Company Contact:

Mr. Dennis Fisher
Executive Vice President
BioCentric Energy, Inc.
Tel: 714-536-6370
Email: dfisher@biocentricenergy.com
www.biocentricenergy.com

Investor Relations Contact:

Mr. John Campo
President
Wall Street International
Tel: 305-466-2990

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