SOURCE: Perihelion Global

October 22, 2007 12:42 ET

Perihelion Global Selects Broadcast Electronics (BE) to Equip Communications Division; Announces On-Site Webcam at Biodiesel Refinery

WILMINGTON, DE and SANTA ROSA BEACH, FL--(Marketwire - October 22, 2007) - Perihelion Global (PINKSHEETS: PHGI), a development company with interests in natural resources, alternative energies, and advanced communications, today announced that the company has selected Broadcast Electronics (BE) of Quincy, Illinois, as one of the company's broadcast equipment suppliers for Perihelion's communications division.

Perihelion will utilize the Broadcast Electronics series of AM transmitters at the company's WTKN-Mississippi AM station. The company has previously announced its intent to utilize new HD-Radio and AM Stereo technology for its stations serving the southeastern US markets. The new BE transmitters are capable of simultaneously generating both analog and digital radio broadcast signals. Broadcast Electronics' components come from a company with over 40 years of proven performance, stability, and innovation.

The company would also like to inform its shareholders that Perihelion has made appropriations to have an on-site webcam installed at the Opp, Alabama biodiesel refinery site. This will allow shareholders and the general public to view the progress of the ongoing construction of the company's first refinery. Along with regular updates released by the company over the newswires, Perihelion believes the addition of the webcam will provide further transparency of what is actually happening 'on the ground.' The company expects the Opp, Alabama webcam to be operational later this week.

About Broadcast Electronics

Broadcast Electronics (BE) is the premier provider of mission-critical solutions for over-the-air and Internet radio. For more than four decades, our pioneering developments have set industry standards for innovation and reliability, while providing broadcasters with new options for operational productivity and income generation. BE products encompass program generation, audio and data management, interfacility transport, and analog and digital (HD Radio and DRM) transmission. BE equipment is used daily in more than 10,000 installations in nearly 100 countries. Our Total Radio solution permits stations to purchase fewer, more powerful components resulting in more efficient operation. Thanks to our historical, singular focus on radio and the breadth and depth of our technology, BE is uniquely qualified to assist terrestrial radio broadcasters in making the transition to digital transmission.

Website: http://www.bdcast.com/

About Perihelion Global:

Perihelion Global focuses on the acquisition, development and management of technologies, strategic commodity reserves and assets in the energy, natural resource and communications markets. Perihelion's management team specializes in providing solutions for the strategic challenges of 21st Century. We lead with decades of experience in environments that are mission critical in today's global marketplace: Technology, Energy and Communications.

Website: http://www.perihelionglobal.com

Caution Regarding Forward-Looking Statements

This press release contains historical information as well as forward-looking statements that are based upon our estimates and anticipation of future events that are subject to certain risks and uncertainties that could cause actual results to vary materially from the expected results described in the forward-looking statements. The words "anticipate," "believe," "estimate," "expect," "hopeful," "intend," "may," "optimistic," "preliminary," "project," "should," "will," and similar expressions are intended to identify these forward-looking statements. There are numerous important factors that could cause our actual results to differ materially from those in the forward-looking statements. Thus, sentences and phrases that we use to convey our view of future events and trends are expressly designated as Forward-Looking Statements as are sections of this news release clearly identified as giving our outlook on future business.

These forward-looking statements are subject to significant risks, assumptions and uncertainties, including, among other things, the following important factors that could affect the actual outcome of future events:

-- General economic conditions, either nationally or in our market area, that are worse than expected;

-- regulatory and legislative actions or decisions that adversely affect our business plans or operations;

-- price competition;

-- inflation and changes in the securities markets that adversely affect the fair value of our operations; and

-- changes in our organization, compensation and benefit plans.

We wish to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made, and wish to advise readers that the factors listed above could affect our financial performance and could cause actual results for future periods to differ materially from any opinions or statements expressed with respect to future periods in any current statements. We do not undertake and specifically decline any obligation to publicly release the result of any revisions that may be made to any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.

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