SOURCE: Empire Energy Corporation International

May 02, 2007 08:00 ET

Empire Subsidiary Pacific Rim Foods Ltd. Initiates Investment in Mach One Corporation

KENOSHA, WI -- (MARKET WIRE) -- May 2, 2007 -- Empire Energy Corporation International (OTCBB: EEGC) announces that its subsidiary, Pacific Rim Foods Ltd ("PRF") has completed an initial strategic investment in Mach One Corporation ("MACH"). The proceeds will be used by MACH to complete certain SEC filings and assist in the process of MACH's move to trading on the OTCBB. PRF and MACH will jointly explore the opportunity to expand certain MACH technology into the developing dairy industry in China.

About Pacific Rim Foods Ltd:

Through its non-consolidated subsidiary Jilin Jimei Foods Ltd. (www.jimeifoods.com.cn) the company specializes in growing, canning and marketing the first sweet corn brand in China. The successful operation of its agricultural and processing business has allowed Pacific Rim Foods Ltd. to enter the expanding China food market initially in the corn commodity sector. With over 50 people on the ground in China, Pacific Rim Foods Ltd. through Jilin Jimei Foods Ltd., is positioned to extend its operations into a number of developing markets.

About Mach One Corporation:

Through its wholly owned subsidiary VDx, Inc. (www.vetdx.biz), the company currently manufactures and sells Immunogam™, a colostrums replacement, supplement and prophylactic, in sterile powder form, which can be administered orally or intravenously. VDx is also further developing a proprietary procedure to allow for large scale manufacturing of colostral replacement products for market that includes an added ingredient for elimination of mastitis and Johnnes disease.

The IgG replacement market is estimated at 1.1 billion dollars per year.

First Global Securities Inc of Pasadena, Ca. acted as Investment Banker for Pacific Rim Foods Ltd. First Global CEO Noble Trenham commenting on the initial investment said, "We look forward to working with Pacific Rim Foods Ltd. and Mach One Corporation to execute their global vision in this important health sciences sector." First Global Securities has been successful in assisting Pacific Rim Foods Ltd. in raising $2.0 million in equity during the last 12 months to capitalize its China food vision."

Empire CEO Malcolm Bendall said, "This is exciting news. We want to thank Noble Trenham of First Global Securities, Inc. for its continuing support and thank Tad Ballantyne, CEO of Pacific Rim Foods, for his tireless work in building the successful food business platform in China and building relationships in China that should be useful in future mining and hydrocarbon ventures. We look forward to continuing to expand this work in China with the assistance of an introduction by Libertas Capital to the AIM market in London of Pacific Rim Foods."

Empire is traded on the OTC market in the USA under the symbol EEGC.OB.

Further information on Empire can be found at www.empireenergy.com.

This press release contains forward-looking statements based on our current expectations about our company and our industry. You can identify these forward-looking statements when you see us using the words such as "expect," "anticipate," "estimate," "believes," "plans" and other similar expressions. These forward-looking statements involve risks and uncertainties. Our actual results could differ materially from those anticipated in these forward-looking statements as a result of our ability to complete required financings and other preconditions to the completion of the transactions described. We undertake no obligation to publicly update any forward-looking statements for any reason, even if new information becomes available or other events occur in the future. We caution you not to place undue reliance on those statements.

Contact Information

  • For more information, contact:
    +1(913) 469-5615
    Malcolm Bendall
    President
    Renner Business Center
    16801 West 116th Street
    Lenexa, KS 66219-9603
    U.S.A.