Solanex Management Inc.
OTC Bulletin Board : SLNX

October 05, 2009 09:30 ET

Solanex Management Inc.: Initial Results for Oil Sand Extraction Technology

LAS VEGAS, NEVADA--(Marketwire - Oct. 5, 2009) - The Board of Solanex Management Inc. (OTCBB:SLNX) announces today that Solanex has received the initial bulk run test results to the Pyrolitic Hydrocarbon Gasification System. The full commercial test runs are being performed on oil sands, shale, tires and coal and are part of the procedure of having third party engineering confirm and quantify all figures associated with the processing of these feed stocks. The results defined by the third party engineering agency will be the basis of setup expenses and operating costs for all in-situ locations.

The feed stock used in the first run was tar sands from the Asphalt Ridge in Utah, carrying a 16% hydrocarbon count. The unit processed the material at the rate of six (6) tons per hour and ran on a continuous feed basis with three (3) eight (8) hour shifts, with one hour being used for basic maintenance. The unit produced ninety five (95) barrels of high grade, low sulphur crude and forty seven (47) barrels of methanol per day. The operating cost based on the existing equipment equated to $14.24 per barrel.

Not included in the operating costs are variables for mining and delivery of feedstock to the unit, since the mining, delivery and cost of feedstock will vary from site to site.

It is anticipated that each source of coal, shale and tires will also follow the results of the oil sands, meaning that each deposit will be correspondent to the percentage of hydrocarbons found in each specific feed stock.

Management is encouraged by these results and as such will begin the search for sources of feedstock in Canada, the US and in Mexico, immediately, in anticipation that the final engineering results will garner similar results for the shale, coal and tires.

To learn more about the Company, visit the website at:
www.solanexmanagement.com

About Solanex Management Inc.

Solanex Management Inc.'s business is the development, manufacture, distribution, marketing and sales of alternative, renewable and waste energy technologies. The waste to energy technology is a modular unit which has the ability to convert Municipal Solid Waste to electricity in small regional municipalities. The oil recovery technology s also modular and has the ability to convert oil sands, shale, and tires to recoverable oil and methanol.

About QualityStocks (http://www.qualitystocks.net/)

Small Cap Stock Newsletter QualityStocks is a free service that collects data from hundreds of Small-Cap and Micro-Cap online Investment Newsletters into one free Daily Newsletter Report.

QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.

The QualityStocks Blog (http://blog.qualitystocks.net/)

The QualityStocks Blog keeps investors up to date on everything related to the Small-Cap and Micro-Cap markets. Alternative fuels and power sources, entertainment media, telecommunications, delivery services, healthcare, and retail are all covered on a regular basis. By visiting our blog, investors also discover emerging companies that they otherwise would not have heard about.

The QualityStocks Message Boards (http://messageboards.qualitystocks.net/)

The message board here at QualityStocks is one of the most highly regulated, no-nonsense forums online today; an uncommon haven of highly relevant, SPAM-free investor interaction. Unlike the majority of boards currently in operation, you won't find pumping, bashing, advertising, or malicious posting of any kind here. The QualityStocks Message Boards has over 58,216 registered users.

The QualityStocks Daily Newsletter (http://daily.qualitystocks.net/)

With all of the stock picks and recommendations available today in the investment world, selecting and deciding on the right stocks can be tedious and time consuming. At QualityStocks, we collate hundreds of investment newsletters into The ONE and ONLY "The QualityStocks Daily", featuring a summary format in which you can view the latest stock picks EVERYDAY.

You can SIGN UP NOW http://Signup.QualityStocks.net

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, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.

Contact Information