April 17, 2007 06:00 ET

AC Energy Chairman Meets With Majority Shareholders

GARDNERVILLE, NV -- (MARKET WIRE) -- April 17, 2007 -- (PINKSHEETS: ACEN) AC Energy Chairman Mike Dillon met with the majority stockholders and discussed the retirement of restricted shares. Mr. Dillon is currently working on the number of shares to be retired and stated, "It will be a significant number." Mr. Dillon feels the reduction will strengthen the company's position for future growth and development. Stay tuned for the next release, which should contain the final numbers.

About AC Energy Inc.

AC Energy is committed to leading the world in research and development of high-quality alternative power sources for cell phones and other small electronics. Our objective is to revolutionize the battery industry by providing consumers with products of unparalleled convenience and efficiency. Through the establishment of select strategic partnerships, AC Energy will maximize its market reach by delivering a commodity of peerless value with virtually unlimited applications in commercial, industrial and military markets.

Forward-Looking Statements:

Note: Except for the historical information contained herein, this news release contains forward-looking statements that involve substantial risks and uncertainties. Among the factors that could cause actual results or timelines to differ materially are risks associated with research and clinical development, regulatory approvals, supply capabilities and reliance on third-party manufacturers, product commercialization, competition, litigation, and the other risk factors listed from time to time in reports filed by AC Energy Corp. with the Securities and Exchange Commission, including but not limited to risks described under the caption "Important Factors That May Affect Our Business, Our Results of Operation and Our Stock Price." The forward-looking statements contained in this news release represent judgments of the management of AC Energy Corp. as of the date of this release. AC Energy Corp. and its managers and agents undertake no obligation to publicly update any forward-looking statements.

Mike Dillon,

President and Director

Contact Information

    AC Energy Inc.
    1528 Hwy 395 N # 130
    Gardnerville, NV. 89410