SOURCE: Alternative Energy Development Corp.

August 05, 2009 08:00 ET

Alternative Energy Development Corporation Announces Amy Gloyd as Director of Marketing

GLENDALE, AZ--(Marketwire - August 5, 2009) - Alternative Energy Development Corporation (OTCBB: ADEC) announced today that Amy Gloyd has been named Director of Marketing to oversee the brand development, retail and marketing efforts for AEDC's e3 Fuel Saver -- a cost-effective, after-market, automotive fuel conservation system designed to help consumers significantly reduce gas costs and improve their cars' gas mileage.

"We expect Ms. Gloyd's contribution to be significant," said Jay Alvarez, AEDC President & CEO. "As Director of Marketing, she brings a powerful background in marketing, sales strategy and new product introductions on both a national and international level. I believe Amy brings the leadership skills and experience the company needs to drive our global marketing initiatives to develop the e3 Fuel Saver System into a household name." Ms. Gloyd comes to AEDC with over 15 years experience and expertise in strategic planning, campaign management, marketing, sales and client services management in diverse industries including, telecommunications, consumer products, travel and leisure, pharmaceutical and internet technologies. Gloyd has successfully formulated and implemented sales and marketing campaigns on a national and international level. She has extensive experience in new business development in both the private and public sectors. Gloyd is a graduate of Arizona State University and a former Board Member of the Arizona Chapter of the American Teleservices Association.

About AEDC

Alternative Energy Development Corporation (AEDC) is an Arizona-based company whose objective is to promote the development and installation of cost-effective, fuel saving automotive products worldwide. Our environmentally friendly product was designed to provide a practical and affordable solution to traditional fossil fuels, reduce our country's dependence on foreign oil, curb rising fuel costs for consumers worldwide and reduce harmful greenhouse gas emissions that contribute to global warming. For more information about AEDC and our products, visit us at www.aedccorp.com or call 888.799.3339.

Statements contained in this release, which are not historical facts, may be considered "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations and the current economic environment. We caution the reader that such forward-looking statements are not guarantees of future performance. Unknown risk, uncertainties as well as other uncontrollable or unknown factors could cause actual results to materially differ from the results, performance or expectations expressed or implied by such forward-looking statements.

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