SOURCE: American Alternative Energy Systems Corp.

March 18, 2008 09:00 ET

American Alternative Energy Systems Corp. Contracts Quality Engineering and Manufacturing Firm to Mass Produce Company's Anaerobic Digester Systems

DENTON, TX--(Marketwire - March 18, 2008) - American Alternative Energy Systems Corp. (PINKSHEETS: AATV) (AAESC), a company focused on reducing greenhouse gas emissions and making a more sustainable environment through renewable energy, has secured the services of a top quality manufacturing and engineering firm that will be responsible for the mass production of the company's Anaerobic Digester Systems. The digesters will be manufactured and designed specifically for easy transportation. The engineering firm will have the anaerobic digesters available in volume to accommodate the demand for the upcoming season. In addition, the firm will also oversee the installation of the digester units to ensure a high level of quality control.

www.arenergysystems.com

About American Alternative Energy Systems Corp.

American Alternative Energy Systems Corp. (AAESC) is a company focused on reducing greenhouse gas emissions and making a more sustainable environment through renewable energy. There are three different types of renewable energy in the market: wind, solar, and biomass. Of the three, biomass is the most economical and can solve other issues, making it a superior energy source.

AAESC will produce Anaerobic Digesters that will turn manure and other bio-waste into electricity and heat. The digester will solve the farmers' manure disposal problems, and will produce electricity, heat, and income for the farm (the excess electricity will be sold to the hydro grid).

AAESC goal is to become Canada's market leader in digesters. It plans to become the leader by offering farmers the digester at no cost, simplifying the purchase process.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are forward-looking statements are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties, or other factors which may cause actual results, performance, or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels. All information in this release is as of the date of this release. The company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations.

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