SOURCE: Zeus Development Corporation

November 25, 2008 14:07 ET

Zeus Development Corporation Announces "LNG Information Gathering Conference"

HOUSTON, TX--(Marketwire - November 25, 2008) - Zeus Development Corporation announces its organization of the "LNG Information Conference," hosted by the State of Israel, to be held December 9, 2008 in Houston, TX U.S.A. The State of Israel intends to alert the world energy industry of their growing market and learn from leadership within industry of opportunities for LNG supply. The conference objectives are as follows:

--  Provide context for the State of Israel's LNG project and Government
    decision
--  Review the rapidly growing natural gas and power market in Israel
--  Outline legal and regulatory environment for tendering and permitting
    one or more receiving and regasification terminals
--  Present preliminary findings concerning the sitting of the terminal
    and timing for the project
--  Begin dialogue between State of Israel and leading LNG industry
    participants
--  Learn from prospective suppliers and affiliates their reactions to the
    State's plans
    

The conference will offer a review of the Energy Market, Natural Gas and main principals of the project in Israel as well as opportunities for suppliers to voice their reactions and observations. The State's presentations will provide context for the LNG project, a review of the rapidly growing natural gas and power market in the country, an outline of the legal and regulatory environment for tendering and permitting one or more receiving and regasification terminals, and preliminary findings concerning the siting of the terminal and timing of the development program.

Following the State's presentations, one-on-one meetings with individual suppliers will be hosted to learn of capabilities, reactions and interests concerning the project as well as establish channels for continuing communication. The full agenda can be viewed online at www.ZeusLibrary.com/Israel-LNG.

The LNG industry is invited attend this most important event and look forward to the opportunity to exchange ideas during the discussion. Registration is complimentary and can be made online at https://www.zeusdevelopment.com/secure/israel-lng/register.asp. Please reserve no later than December 4, 2008.

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