Universal Bioenergy Announces Multi-Million Dollar Investment Commitment

PALM COAST, Fla., Oct. 30, 2009 (GLOBE NEWSWIRE) -- Universal Bioenergy Inc.
(Pink Sheets:UBRG) announced today that it received a preliminary multi-million
dollar investment commitment from a private investment consortium to provide
funding to the company for its future growth and expansion. After completing
several months of due diligence and negotiations, the investors approved of the
new highly seasoned management team being developed, some coming from Fortune
500 companies, and the new innovative business strategy to be executed. They
also believe it should bring them a significant return on their investment.

Solomon Ali, their Senior Vice President of Investor Relations who arranged the
funding, states, "We're very excited, because we feel this is a major
endorsement by these investors in our new management team and our business
objectives. It's part of our ongoing process to restructure the company for
long-term profitability. Under the terms of this proposed agreement, Universal
Bioenergy's management intends to use the proceeds of the investment for working
capital, to obtain lines of credit, and to raise additional capital for new
acquisitions of other alternative energy companies, and additional biofuels
refineries."

Universal Bioenergy's management believes this will allow them to meet the needs
of several potential long-term biofuel orders in the 80 to 100 million gallon
range that their new marketing team is working on. In management's opinion, of
which there can be no assurances, the estimated gross revenue to be generated
from the fuel sales of these potential orders is in the range of $200 to $250
million.

About The Company

Universal Bioenergy Inc. is an alternative "Green Energy" company, and intends
to create and market Biofuels, Wind, Solar, Synthetic Fuels and other related
alternative energy products and technologies. It plans to build the company into
a prominent player in alternative green energy.

The Universal Bioenergy Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=6784

For inquiries contact: Investor Relations at 888-263-2009

There are matters discussed in this media information that are forward looking
statements within the meaning of Rule 175 under the Securities Act of 1933 and
Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe
harbor created by those rules. Such statements are only forecasts and actual
events or results may differ materially from those discussed. For a discussion
of important factors which could cause actual results to differ from the forward
looking statements, refer to Universal Bioenergy Inc.'s most recent annual
report and accounts and other SEC filings. The company undertakes no obligation
to update publicly, or revise, forward looking statements, whether as a result
of new information, future events or otherwise, except to the extent legally
required.

-0-
CONTACT: Universal Bioenergy Inc.
Vince Guest
(888) 263-2009
Fax: (951) 281-4653
www.universalbioenergy.com