Alternative Energy Partners, Inc.

Alternative Energy Partners, Inc.

June 17, 2010 09:01 ET

Obama's Appeal for Action on Clean Energy Applauded by Alternative Energy Partners

President to Nation: "The time to embrace a clean energy future is now."

FORT LAUDERDALE, FLORIDA--(Marketwire - June 17, 2010) - President Obama's call for federal legislators to act with him to quickly move the United States forward into an era of clean energy is being lauded by Alternative Energy Partners. Mr. Obama made the appeal during his June 15 speech from the Oval Office addressing the oil spill in the Gulf of Mexico.

Mr. Gary Reed, CEO of Alternative Energy Partners, issued this statement:

"President Obama is completely correct to stand up to the oil companies and urge our federal lawmakers to move aggressively on clean energy. The tragedy of the Gulf oil spill proves yet again that our nation's addiction to fossil fuels must end.

We join the President in calling for legislation that will lead to increased investment in clean energy solutions and the companies behind them. Millions of Americans could be put to work in clean energy sectors such as solar thermal, which employs proven technology and uses renewable energy from the sun to power a building's heating and cooling.

Our elected members in Washington have to act now. Every day, we are losing more jobs to countries outside of the U.S. and our energy future is becoming less secure. Through their support for clean energy, lawmakers will spur American innovation, create jobs, give critical confidence to investors and help create a better future for our children and grandchildren."

American Energy Partners, through its wholly owned subsidiary Sunarias, is a leading provider of on-site utilities that generate clean solar thermal energy. On June 15, Sunarias announced plans to implement a pilot solar thermal energy system at Promise Hospital of East Los Angeles. (Link to news release) This pilot is the first installation under the Sunarias Healthcare Alternative Energy Program, a comprehensive new sales and marketing program targeting the healthcare sector.

About Alternative Energy Partners, Inc.

Alternative Energy Partners ("AEGY") is focused on sourcing, marketing and distributing renewable alternative energy solutions. Through its wholly owned subsidiary, Sunarias™ Corporation (, AEGY provides on-site solar-thermal energy that allows businesses to reduce energy costs. AEGY recently announced that it will acquire Shovon, LLC (, which enables remote monitoring and control, via PC or cell phone, of high-power electrical devices from anywhere in the world. AEGY's goal is to offer a full portfolio of high-performance clean-energy production solutions for homes and businesses of all sizes. Alternative Energy Partners is publically traded on the NASDAQ OTC (OTCBB) under the symbol AEGY. For more information please visit


This announcement is not an offer to sell any Alternative Energy Partners ("AEGY") securities. Offers for any given security are made only through applicable offering circulars and related supplements filed with the SEC pursuant to Section 13(a), 13(c) or 14 of the Securities Exchange Act of 1934. Certain statements contained herein and subsequent oral statements made by and on behalf of AEGY may contain "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward looking statements are identified by words such as "intends", "anticipates", "believes", "expects", and "hopes" and includes, without limitation, statements regarding AEGY's plan of business operations, product research and development activities, anticipated revenues and expenses and potential contractual arrangements and obligations. Forward looking statements speak only as of the date of the document/oral statement in which it was made. In making any such statements, the person making them believes that his expectations are based on reasonable assumptions; however, any such statement may be influenced by factors that could cause actual outcomes and results to be materially different from those projected or anticipated. These forward looking statements are subject to numerous risks and uncertainties. There are various important factors that could cause actual results to differ materially from those in any such forward-looking statements and are mostly out of the company's control. Among these are: general economic conditions, receipt of additional working capital, and acceptability of the company's products in the marketplace as well as other factors set forth in the company's SEC filings. Thus, AEGY disclaims any intent or obligation to publicly update these forward looking statements, whether as a result of new information, future events or otherwise.

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