COLUMBIA, Md., June 14 /PRNewswire-FirstCall/ -- Renewable fuels provider New Generation Biofuels Holdings, Inc. (Nasdaq: NGBF) ("NGBF" or the "Company") announced today that their President and CEO, Cary J. Claiborne, will be providing a presentation on their Company, technology and renewable biofuel products at the International District Energy Association (IDEA) Conference and Expo being held June 13 - 16 in Indianapolis, Indiana at the Indiana Convention Center.
"Presenting our technology and our renewable biofuel at the IDEA conference gives us the opportunity to speak directly with utility managers and directors, operations and maintenance staff, facility professionals, distribution system personnel, energy managers, project engineers and consultants and show them how our Biofuels can provide them with a cost effective renewable energy solution that will help them significantly lower emissions," stated Cary J. Claiborne, CEO and President of NGBF.
IDEA President, Robert P. Thornton, wrote in his President's Message to IDEA participants, "As IDEA begins our second century, it is increasingly clear that we must redouble our efforts to accelerate the transition to cleaner, more efficient use of energy in our cities, communities and campuses." Mr. Claiborne stated, "At NGBF, we feel that our fuel and our technology can be an invaluable part of that transition."
Mr. Claiborne's presentation entitled, "Advanced Biofuel for Power Generation" will be given on Tuesday, June 15, from 11:30 a.m. to 12:00 noon in room 203/204 on the second floor of the Indiana Convention Center.
About New Generation Biofuels, Holdings, Inc.
New Generation Biofuels is a renewable fuels provider. New Generation Biofuels holds an exclusive license for North America, Central America and the Caribbean to commercialize proprietary technology to manufacture alternative biofuels from plant oils and animal fats that it markets as a new class of biofuel for power generation, commercial and industrial heating and marine use. The Company believes that its proprietary biofuel can provide a lower cost, renewable alternative energy source with significantly lower emissions than traditional fuels. New Generation Biofuels' business model calls for establishing direct sales from manufacturing plants that it may purchase or build and sublicensing its technology to qualified licensees.
Forward Looking Statements
This news release contains forward-looking statements. These forward-looking statements concern our operations, prospects, plans, economic performance and financial condition and are based largely on our current beliefs and expectations. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results expressed or implied by such forward-looking statements. The risks and uncertainties related to our business include all the risks attendant a development stage business in the volatile energy industry, including, without limitation, the risks set forth under the caption "Risk Factors" in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2009 and in subsequent filings with the Securities and Exchange Commission.
SOURCE New Generation Biofuels Holdings, Inc.