Beacon Fills Vacancy, Expands Board

CRANFORD, NJ, Jun 30 (MARKET WIRE) --
Beacon Energy Holdings, Inc. (OTCBB: BCOE), a producer of Biodiesel from
animal fats and secondary oils, today announced that it has appointed
Joseph DePalma and John Colin to its Board of Directors, effective June
30, 2009.

Mr. DePalma is the Managing Member of Lite DePalma Greenberg & Rivas, LLC
of Newark, New Jersey, a regional law firm that specializes in complex
litigation. He has more than twenty-five years of experience involving
diverse industries in the areas of securities, ERISA and anti-trust. He
fills a vacancy on the Board.

Mr. DePalma also holds a Masters Degree in Business Administration from
Seton Hall University. He served as a member of the New Jersey Supreme
Court's District Ethics Committee.

Mr. Colin is currently President and Chief Executive Officer of LifeStar
Response, Inc., a healthcare transportation and logistics company. Prior
to joining LifeStar in 1997, Mr. Colin served as President and CEO of
Environmental Services of America, Inc., a publicly traded environmental
services company. He becomes the third member of Beacon's Board.

He is also a member of the Boards of Directors of Perma-Fix Environmental
Services, Inc. a publicly traded company and Environmental Quality
Management, Inc., a private equity-backed company. A cum laude graduate of
the University of Maryland, Mr. Colin has a Bachelor of Science degree in
Accounting.

"I am very pleased to announce that two very distinguished and experienced
business professionals have joined our board," said Carlos E. Agueero,
Chairman of Beacon Energy Holdings, Inc. "I am confident that Joe DePalma
and John Colin, both of whom I have known for many years, will provide
valuable advice and help guide Beacon through these difficult times in the
emerging Biofuels industry."

About Beacon Energy Holdings, Inc.

Beacon Energy Holdings, Inc. (OTCBB: BCOE) is engaged in the production
and marketing of Biodiesel. Beacon's Biodiesel efforts are centered on the
utilization and processing of lower grade feedstocks, primarily animal
fats such as beef tallow, choice white grease and poultry fat. Since its
formation in 2006, Beacon has made strategic investments in companies
dedicated to the production of Biodiesel and to the collection of low-cost
waste products that may serve as the raw materials for Biodiesel. The
facilities in which Beacon has invested have the capacity to produce more
than 25 million gallons of Biodiesel per year. Approximately 30% of
Beacon's stock is owned by Metalico, Inc. (NYSE Amex: MEA), a holding
company that is a leading producer of recycled ferrous and non-ferrous
metal.

Contact:
Beacon Energy Holdings, Inc.
Carlos E. Agueero
908-497-9990

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