SOURCE: Gulf Ethanol Corp

September 18, 2008 12:59 ET

Gulf Ethanol Up and Running After Hurricane Ike

HOUSTON, TX--(Marketwire - September 18, 2008) - Gulf Ethanol Corporation (PINKSHEETS: GFET) announced today that its operations are up and running following loss of services during Hurricane Ike. Power has been restored to the Company's offices and development center and all operations are back on line.

The Company will be mailing samples of its processed feedstocks to those investors who requested a sample this week, now that offices are accessible again. Lab testing is currently under way on the finely ground feedstock powder produced by Gulf's feedstock pre-processor and are expected back from the lab soon.

"We are pleased to be back at the office with power and utilities restored," noted Bill Carmichael, GFET's President. "Many of our employees and staff are still without power and our thoughts continue to be with the over one million Houston area residents still struggling with the after effects of the storm," he stated.

About Gulf Ethanol Corporation

Gulf Ethanol is an alternative energy company focused on the development of the cellulosic ethanol industry with a particular emphasis on Texas and the Gulf Coast.

For more information please visit our homepage at:

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.

Contact Information

    William Carmichael
    1240 Blalock Road, Ste. 200
    Houston, Texas 77055
    Office: 713-461-9229
    Email Contact