Company Continues to Capitalize on First-to-Market Competitive Advantage with Expansion of Online Presence at www.FuelMeister.com
Sep 11, 2007 - Renewal Fuels, Inc. (OTCBB:RNWF), a biofuels company supplying the nation's growing need for energy independence, today announced that the Company's Renewal Biodiesel subsidiary completed a compelling website to market the FuelMeister® line of personal-scale biodiesel processors. The website (www.fuelmeister.com) focuses on educating the public on the Company's FuelMeister line of personal biodiesel products and on generating leads to expand its nationwide retail dealer network. The website provides product information, general biodiesel background information, and contact and regional workshop information for the Company's national dealer network.
"We created the first commercially produced small scale biodiesel processor, we then developed the industry's first national dealer network, and now we are completing the infrastructure for the first national marketing program for this emerging market," said J.R. Hegstad, General Manager of Renewal Biodiesel. "Ultimately, each of these marketing initiatives takes us one step closer to generating additional revenues and building strong and sustainable value for our shareholders."
"We're pleased to see the excellent progress at Renewal Biodiesel. J.R. has brought tremendous passion and experience to the business, and this first milestone will provide a strong platform for continued growth in the consumer marketing program," said John King, Chief Executive Officer of Renewal Fuels. "This adds to the other progress we're making at Renewal Fuels on several fronts, including development of each of our business units as well as on a corporate level where we are updating and enhancing all of our communications efforts."
The management of Renewal Fuels is establishing relationships with multiple biofuel entities with projects, products, and technologies at various stages of development, fitting the Company's mission. The Company is currently seeking additional technologies and businesses to add to its portfolio.
Renewal Fuels has embarked on an aggressive roll-up strategy to acquire complementary green technologies that generate biofuels from feed stocks that do not negatively impact the nation's food supply or are subject to the price volatility characteristic of agricultural commodities. This focused approach is designed to assure consistent supply and cost-effective feed stocks, and thereby provide highly-profitable business models in the biofuels sector.
About Renewal Fuels
Renewal Fuels is an emerging greentech company closing the loop between modern consumerism and America's insatiable demand for energy. The Company is establishing its position in a rapidly growing segment of the renewable energy sector -- production of biofuels from forms of feedstock which do not disrupt the food supply chain.
A key component of Renewal Fuels' high-growth business model is the augmentation of core operations and assets through strategic partnerships and acquisitions in the expanding biofuels industry. The Company's management team and Board of Directors believes that increasing political and social responsiveness, combined with exciting developments in biofuel technology, has created an unprecedented environment for organic growth as well as growth through acquisitions. The focused business model is designed to facilitate high profit margins and security of feedstock pricing.
The management of Renewal Fuels is establishing relationships with multiple biofuel entities with projects, products, and technologies at various stages of development, fitting the Company's corporate mission. To learn more visit www.renewalfuels.com.
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Forward-Looking Statements
This press release includes statements that may constitute forward-looking statements, usually containing the words "believe," "estimate," "project," "expect," or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, continued acceptance of the Company's products and services in the marketplace, competitive factors, dependence upon third-party vendors, availability of capital and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
