SOURCE: IO Circuit

October 31, 2006 06:30 ET Features Southridge Ethanol (SORD)

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IO Circuit.

LAKE HARMONY, PA--(Marketwire - October 31, 2006) - Southridge Ethanol Inc. (OTCBB: SORD) is currently developing two Ethanol facilities with up to 60 million gallons of annual production capacity to address America's growing renewable and high-octane fuel requirements. Ethanol reduces dependence on foreign energy sources in an environmentally responsible manner.

The ethanol supply will more than double in the next decade, from 4 billion gallons produced last year to 9.8 billion by 2015, estimates a new report by John Urbanchuk of consulting firm LECG.

Ethanol is quickly becoming the fuel additive of choice in the United States as a safer, cleaner-burning alternative to the petroleum-based MTBE (methyl tertiary-butyl ether), which has purportedly shown up as a contaminant in groundwater.

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Other active stocks are Intersil Corporation (NASDAQ: ISIL), Sirenza Microdevices, Inc. (NASDAQ: SMDI) and Navarre Corporation (NASDAQ: NAVR).

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