SOURCE: Companies West Group Inc.

April 20, 2010 09:00 ET

Companies West Group Inc. in Negotiations With Houston Based Bio-Diesel Firm to Erect Oil and Nickel Extraction Facility

ARDMORE, OK--(Marketwire - April 20, 2010) -  Companies West Group Inc. (FRANKFURT: A38) -- has been negotiating with several Bio-Diesel operators with the intent of building a manufacturing facility for the company's recently acquired extraction process that will be used to remove oil from a clay and nickel based food manufacturing bi-product.

Companies West Group has had considerable interest from Bio-Diesel plants and is entertaining an offer that would allow the company to erect a facility on their property. In addition the company has agreed to purchase the extracted agricultural oil recovered from Companies West Group. There is an opportunity with one company in particular that would include an option to own a percentage of the Bio-Diesel plant.

Companies West Group president Lisa Osbourne commented, "There are several scenarios we are reviewing in regards to placement of the extraction facility here in the U.S. We have also been presented a lucrative opportunity from a company in Brazil that is looking to purchase the extraction process including all manufacturing equipment. We would maintain the patent rights to the process. Both opportunities could garner significant revenues for the company once realized."

The company will proceed with its normal due diligence and expects to report on additional details and decision regarding these offers by the end of May 2010.

About Companies West Group Inc.

Companies West Group Inc.'s corporate focus is on natural energy resources green energy or alternative fuel sector. Established back in 1958, it became a Colorado corporation in 1986. Most of this Company's investments will be in instruments that provide a contribution to a clean and sustainable environment. The Company invests in firms that prevent or reduce air and water pollution as well as those which use fewer chemical pesticides. We seek to provide alternatives to clear cutting forests and to promote recycling. Companies West Group believes that cost effective areas in which we invest such as clean water and clean exploration solutions will continue to present opportunities for economic advance now.

Please visit our website for more information and updates

Forward Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are forward-looking statements are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties, or other factors which may cause actual results, performance, or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels. All information in this release is as of the date of this release. The company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations.

Contact Information