SOURCE: Alternative Energy Technology Center

April 24, 2008 07:30 ET

AETE Retains Audit Firm

HOUSTON, TX--(Marketwire - April 24, 2008) - The Alternative Energy Technology Center, Inc. (PINKSHEETS: AETE) announced today that it has retained the accounting firm of McElravy, Kinchen & Associates to act as its independent auditors. McElravy, Kitchen & Associates is a Houston-based accounting firm that provides audit services to public companies.

"We feel it is beneficial for our shareholders and investors to know that we have an independent audit firm reviewing our financial reports," noted Brown Marks, President of AETE. "We are continuing to work toward the implementation of our plan to produce a more efficient and economic alternative energy source," he concluded.

The Company: The Alternative Energy Technology Center, Inc. (PINKSHEETS: AETE), based in The Woodlands, TX, is a technology company focused on biofuels and alternative energy technologies. It is developing the first true biorefinery in the U.S. It will focus on technologies using renewable energy inputs from non-food energy sources and on technologies that can be scaled up to efficiently address the post-petroleum energy needs of the United States.

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Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information 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, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.

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