SOURCE: Raven Biofuels Corp.

December 10, 2009 09:00 ET

Raven Biofuels Issues Corporate Update

ATLANTA, GA--(Marketwire - December 10, 2009) - Raven Biofuels International Corporation (PINKSHEETS: RVBF) ("Raven" or the "Company") would like to address its current direction and developments.

During the period of Q4 -- 2008 to Q4 -- 2009 Raven Biofuels has been devoting its resources to improving and enhancing its technology and advancing core projects. This includes a proprietary process to enhance the conversion of wood waste to ethanol and high value organic chemicals as well as a specific application for the Pulp and Paper industry. Raven's management has diligently improved and adapted its business model over the past year to best position the company for future growth.

John Sams, President of Raven, commented, "The company in the past year had to conserve its resources in order to advance during an unprecedented economic environment. Raven is committed to communicating regularly and renewing its public awareness."

Raven's goal is to become a leading commercial producer of fuel grade ethanol and high value chemicals to service the multi-billion dollar North American transportation fuel market. According to the US Energy Information Association, the United States alone consumes approximately 20 million barrels of oil daily that are refined into approximately 360 million gallons of gasoline, 200 million gallons of diesel and 80 million gallons of jet fuel. Government Initiatives are attempting to reduce the use of fossil fuels with cleaner renewable sources. The Energy Independence and Security Act, signed in December 2007 calls for 36 billion gallons of renewable fuels by 2022, of which 11 billion gallons must come from cellulosic, non-food ethanol.

The American Clean Energy and Security Act of 2009 calls for $90 billion to be invested into clean energy technologies by 2025.

Raven has made multiple improvements to its technology and has moved the company into a stronger position. Raven has maintained and advanced proposed projects and relationships in the US and Canada that will be further described in releases to follow.

In brief Raven has advanced in the following areas:

--  Canadian Partner to Develop Biorefinery in Kamloops, BC (Tk' emlups
    Biorefinery) with the Kamloops Indian Band (KIB)
--  Agreements with purchasers of the off-take products of the biorefinery
    and technology development projects
--  Technology -- pre treatment, process improvements, new applications
    for the forestry industry
--  The Mississippi Project -- site to be announced
--  Establishing a Team of Scientific Advisors to Guide Company Through to
    Commercial Production
    

The current environment for the company to access both private and government capital is excellent and Raven is anticipating significant developments in the near term that should have a very positive impact on the company.

About Raven Biofuels International Corporation (PINKSHEETS: RVBF)

Raven Biofuels is a clean energy technology company focused on developing technologies to produce transportation fuels and green chemicals from waste or biomass. Raven plans to build integrated biorefineries using proprietary technology.

For more information visit: www.ravenbiofuels.com, email us at info@ravenbiofuels.com or call 1-866-929-7823

Notice Regarding Forward-Looking Statements

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, including without limitation those statements regarding the ability of Raven Biofuels International Corporation ("Raven" or the "Company") to construct any ethanol plants or proceed with the commercialization of its technology or that it will be able to exploit, develop, acquire, finance, operate, or make profitable, any of the commercial opportunities discussed or described herein. These forward-looking statements are not historical facts and can be identified by the use of forward-looking words or phraseology such as "believes," "expects," "may," "intends," "anticipates," "plans," "estimates," and analogous or similar other expressions intended to identify such forward-looking statements. Actual results could differ materially from those reflected in such forward-looking statements. Raven and its principals will not assume any obligation to update any of the forward-looking statements to reflect any events, facts, or circumstances that may arise other than as may be required by applicable law or regulation.

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