GLENDALE, AZ, Oct. 16 /PRNewswire-FirstCall/ - As oil extends its week long rally and prices top $78 per barrel for the first time in over a year, Alternative Energy Development Corporation (OTCBB: ADEC), an emerging provider of after-market fuel conservation technologies is helping consumers battle the effects of rising fuel costs with the company's patented, e3 Fuel Saver - a cost-effective, automotive fuel saving device designed to help consumers save serious money at the pump.

"With oil prices on the rise again, consumers can expect to feel the impact of this weeks events where it hurts most...their wallets." said Jay Alvarez, President & CEO of AEDC. "Fuel conservation technologies are more important now than ever. Our e3 Fuel Saver is an extremely cost effective solution to this ongoing problem. We want to help hard working Americans lower fuel costs and conserve their fuel usage."

Alternative Energy Development Corporation's e3 Fuel Saver, is an aftermarket automotive fuel saving device that operates on all new and late model gas powered vehicles and retails for just under $300. Independent tests conducted on vehicles equipped with the e3 Fuel Saver confirmed:

    - Up to a 50% increase in city and highway mileage
    - A reduction in vehicle emissions output
    - An improvement in overall engine performance

How the E3 Fuel Saver Works

AEDC's patented, e3 Fuel Saver uses vapor combustion to minimize the consumption of fuel in your automobile.

The e3 Fuel Saver canister creates vapor, which is comparable to atomizing the fuel, and your vehicle interprets the message that less fuel is needed while still maintaining the factory's required air to fuel ratio. The result is less dependence on fuel and a dramatic reduction in the output of harmful "greenhouse gas" emissions. The e3 Fuel Saver requires little to no maintenance and can be easily installed in just under an hour.

About AEDC

Alternative Energy Development Corporation (AEDC) is an Arizona based company whose objective is to promote the development and installation of cost-effective, fuel saving automotive technology worldwide. Our environmentally friendly product was designed to provide a practical and affordable solution to curb rising fuel costs for consumers worldwide and reduce harmful greenhouse gas emissions that contribute to global warming. For more information about AEDC and the e3 Fuel Saver please visit our website at www.aedccorp.com or contact us directly: sales@aedccorp.com or by phone: 1.888.598.2332 (888-598-aedc).

Statements contained in this release, which are not historical facts, may be considered "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations and the current economic environment. We caution the reader that such forward-looking statements are not guarantees of future performance. Unknown risk, uncertainties as well as other uncontrollable or unknown factors could cause actual results to materially differ from the results, performance or expectations expressed or implied by such forward-looking statements.

CONTACT: Public Relations, PR@aedccorp.com, 1-888-598-2332

SOURCE Alternative Energy Development Corporation

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