SOURCE: ALL Fuels & Energy Company

November 07, 2007 16:05 ET

ALL Fuels & Energy Submits Rail Permit Application for Manchester, IA Ethanol Plant Site

Approval of Requested Ladder Track From Adjacent Main Rail Line Expected

DES MOINES, IA--(Marketwire - November 7, 2007) - ALL Fuels & Energy Company (OTCBB: AFSE) today announced that it has applied to Canadian National Railroad for approval of its request to construct a ladder track that connects with the CN's rail line that runs parallel to ALL Fuels & Energy's Manchester Subsidiary's 154 acre ethanol plant site. The ladder track would accommodate all of the needs of the ALL Fuels & Energy's 120 million gallon ethanol plant.

"We've had a great working relationship with the CN and look forward to finalizing the rail permit," said Dean Sukowatey, President, ALL Fuels & Energy Company. "We are proud of our ability to continue our progress in Manchester as we continue our pursuit of strategic acquisitions of existing ethanol plants. BBI International, an expert in feasibility studies for ethanol production sites, rated the Manchester site its highest ranking of excellent," added Mr. Sukowatey.

About ALL Fuels & Energy Company

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ALL Fuels & Energy Company (AFSE) recently acquired ALL Energy Company, a development-stage ethanol company organized to operate as an ethanol producer, focusing primarily on the production and sale of ethanol and its co-products. AFSE has adopted the business plan of ALL Energy Company. To date, AFSE has: obtained $2 million in private equity funding; purchased 150 acres on which to build its proposed ethanol production facility in Manchester, Iowa; signed a five-plant engineering and design agreement with Delta-T Corporation (Delta-T is a Virginia-based company with over twenty years of experience in the ethanol industry that management believes possesses superior expertise and superior technologies in the ethanol production space); engaged Natural Resources Group to handle water-related environmental matters relating to the proposed Manchester ethanol production facility; engaged Yaggy-Colby to handle air-related environmental matters relating to the proposed Manchester ethanol production facility; and investigated and become involved in the potential acquisition of one or more existing ethanol production facilities.

Forward-Looking Statements

Certain matters discussed in this press release are "forward-looking statements." These forward-looking statements can generally be identified as such because the context of the statement will include words such as "expects," "should," "believes," "anticipates" or words of similar import. Similarly, statements that describe AFSE's future plans, objectives or goals are also forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties, including the ability of AFSE to obtain needed financing, as well as the financial performance of AFSE, which could cause actual results to differ materially from those anticipated. Although AFSE believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, it cannot give any assurance that such expectations will be fulfilled. Shareholders, potential investors and other readers are urged to consider these factors carefully in evaluating any forward-looking statements. Certain factors could cause results and conditions to differ materially from those projected in these forward-looking statements. These factors are not exhaustive. New factors, risks and uncertainties may emerge from time to time that may affect the forward-looking statements made herein. These forward-looking statements are only made as of the date of this press release, and AFSE does not undertake any obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.

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