SOURCE: Amerossi International Group Inc.

June 02, 2006 16:10 ET

Amerossi International Group Inc. Updates Shareholders on Tar Sand Recovery Process

LAS VEGAS, NV -- (MARKET WIRE) -- June 2, 2006 -- Amerossi International Group Inc. (PINKSHEETS: AMSN) is an innovative player in the white-hot oil & gas industry, primarily in the exploration and drilling programs. Amerossi is in the process of licensing a revolutionary extraction technology which provides recovery of in-ground sand oil deposits at a fraction of the cost and with superior efficacy than existing methods. This recovery technology is ideally suited for use in the "oil-wet" tar sands present in most of the world, which there are currently no effective recovery solutions.

"Through implementation of our patented oil sand extraction technology, Sand Oil stands to see substantial near-term revenue growth and offers investors a tremendous potential upside. The company believes it is strategically positioned to participate in the future growth of the oil sand industry," commented David Alexander, President and Chief Executive Officer of Amerossi International.

About Amerossi International Group Inc.

Founded in Toronto, Canada, Amerossi International (PINKSHEETS: AMSN) is engaged in oil and gas exploration and drilling programs for itself and other companies. Our goal is to become a major player in the development of worldwide natural resources to benefit our shareholders and the communities where we operate.

Safe Harbor

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.

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