SOURCE: Bluefire Ethanol, Inc.

July 31, 2006 09:21 ET

BlueFire Presents Technology to Over 50+ Broker Dealers at FSX Conference in New Orleans

IRVINE, CA -- (MARKET WIRE) -- July 31, 2006 -- BlueFire Ethanol (PINKSHEETS: BFRE) President/CEO Arnold R. Klann presented BlueFire Ethanol's Technology Advantages and 6 year development plan to the FSX Conference on Friday, July 28, 2006. The message was 20 plants by 2012 turning trash into gasoline. BlueFire's goal is to design, develop and construct 20 plants in the next 6 years totaling 1.5 billion gallons in production and approximately $2.7 billion in gross revenue by 2012 with earnings in excess of $1.6 billion.

"The management team assembled for BlueFire has built this type of capacity twice before. I was involved in building eight, solid fueled power plants in three years during the late Eighties. This team developed and built six power plants for Ark Energy, Inc., the funding source for the BlueFire technology, in the mid Nineties and we are going to do it again for BlueFire," stated Arnold Klann.

BlueFire has the ability to construct ethanol production facilities close to urban markets where the products will be used. Strategically, this enables BlueFire to drastically decrease distribution and feedstock costs. BlueFire is the ONLY biomass to ethanol company to demonstrate commercial viability and ethanol production from MSW (municiple solid waste), wood, agricultural and green waste by an independent 3rd party.

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About BlueFire Ethanol:

BlueFire Ethanol, Inc. is established to deploy the commercially ready, patented, and proven Arkenol Technology Process for the profitable conversion of cellulosic ("Green Waste") waste materials to ethanol, a viable alternative to gasoline. BlueFire's use of the Arkenol Process Technology positions it as the only cellulose-to-ethanol company worldwide with demonstrated production of ethanol from urban trash (post-sorted MSW), rice and wheat straws, wood waste and other agricultural residues. Our goal is to develop and operate high-value carbohydrate-based transportation fuel production facilities worldwide. These "biorefineries" will convert widely available, inexpensive, organic materials such as agricultural residues, high-content biomass crops, wood residues, and cellulose from MSW into ethanol. BlueFire intends to build a multinational company that leads the world in producing biobased transportation fuels. Its business will encompass development activities leading to the construction and long-term operation of production facilities while maintaining technological advantage and ownership of the process technology and all its improvements. Ethanol will be produced from biorefinery facilities opportunistically constructed on or near landfills, waste collection and waste separation sites. Each facility will deploy the proprietary technology, which uses all cellulosic waste materials traditionally disposed of in landfills as feedstock.


Statements about BlueFire Ethanol, Inc.'s expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as the term is defined in the Private Litigation Reform Act of 1995. BlueFire's actual results could differ materially from expected results. BlueFire undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances. Should events occur which materially affect any comments made within this press release; BlueFire will appropriately inform the public.

Contact Information

  • Investment Banker:
    Tom Rubin
    Westcap Securities, Inc.
    18201 Von Karman Ave. Suite 550
    Irvine, CA 92612

    Investor Relations Contact:
    Gerald Kieft or Ryan Audin
    Wall Street Resources, Inc.
    2646 SW Mapp Road, Suite 303
    Palm City, Florida 34990