Alternative Petroleum Technologies Announces Expansion into Latin America

LUXEMBOURG, Oct. 15 /PRNewswire-FirstCall/ -- Alternative Petroleum
Technologies S. A. ("APT") announced today it has executed a joint venture
agreement with Navipac S.A., one of the largest maritime fuel providers and
marine transporters of petroleum products on the West Coast of South America.
The joint venture agreement covers Ecuador and other countries in the Region.

Navipac recently completed a year-long evaluation of the APT Technology that
included testing in Navipac's stationary power generation and marine engines.
Ramon Espinel, General Manager of Navipac stated, "We are excited about the
economic and environmental benefits derived from the APT technology. We see
our relationship with APT as an important step for Navipac, Ecuador and its
neighboring countries to address the increasing challenges associated with
energy resource management and increasing emission controls in maritime and
heavy industries."

The joint venture is already finalizing agreements with a range of customers
to include applications with industrial boilers, buses and marine vessels in
Ecuador.

"Navipac's decades of political and technical experience fits well with our
geographical joint venture model and allows APT to leverage Navipac's proven
marketing expertise to offer our technology to the region cost-effectively,"
stated APT's President, Patrick Grimes.

About Alternative Petroleum Technologies (www.altpetrol.com)
Alternative Petroleum Technologies S.A. is the holding company for a group of
environmental technology companies dedicated to all aspects of cost-effective
solutions to environmental problems. We offer technologies and expertise to
help operators of compression-ignition engines and industrial boilers meet
increasingly stringent emissions requirements. We are developing new ways to
help international power plant operators meet the constantly growing demand
for electricity with heavier oil products that are made cleaner and more
economical. And we are meeting the challenge of providing even cleaner
biodiesel fuels with new generations of emulsified fuels.

For more information please contact APT at info@altpetrol.com.

About Navipac. (www.navipac.com)
Navipac S.A. (Navipac) has been supplying petroleum products and bunkering
services in Ecuador and the region since 1952. Navipac was the first, and is
the largest, private tanker owner and tanker operator in Ecuador. It has been
recognized internationally as a regional leader in both in the quality of its
services as well as introducing safety and technological advances to the
industry.

Navipac is a third-generation company and its founder introduced the first
petroleum refinery to Ecuador.

For more information please contact Navipac at bunkers@navipac.com

Disclaimer

This publication serves information purposes only and constitutes neither an
offer to sell nor a solicitation to buy securities of Alternative Petroleum
Technologies S.A. in any jurisdiction.

This publication also does not constitute an offer of securities for sale into
the United States. Securities may not be offered or sold in the United States
absent registration or any exemption from registration under the US Securities
Act of 1933, as amended (the "Securities Act"). The securities of Alternative
Petroleum Technologies S.A. described herein have not been and will not be
registered under the US Securities Act and are not being and will not be
offered or sold in the United States of America.

This publication is directed only at (I) persons who are outside the United
Kingdom or (II) investment professionals falling within article 19(5) of the
Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as
amended) (the "Order") or (III) high net worth companies and other persons to
whom it may lawfully be committed falling within article 49(2)(a) to (d)
("high net worth companies, unincorporated associations etc.") of the Order
(all such persons together being referred to as "Relevant Persons"). Any
person who is not a Relevant Person must not act or rely on this communication
or any of its contents.

This publication may contain forward-looking statements. These forward-looking
statements concern the operations, prospects, plans, economic performance and
financial condition of Alternative Petroleum Technologies S.A. Forward-looking
statements are based on current estimates and assumptions made by Alternative
Petroleum Technologies S.A. to the best of its present knowledge. Such
forward-looking statements are based on assumptions and are subject to risks,
uncertainties and other factors that could cause the actual financial
condition and results of Alternative Petroleum Technologies S.A. to differ
materially from and fail to meet the expectations expressed or implied by such
forward-looking statements.

SOURCE Alternative Petroleum Technologies S.A.

Patrick Grimes of Alternative Petroleum Technologies S.A., +1-775-322-4605,
ext. 2235, pgrimes@altpetrol.com