Next Alternative, Inc.

Next Alternative, Inc.

May 12, 2011 10:02 ET

Next Alternative Enters Supplier/Distributor Agreement With Jacobs Fuels Valued in Excess of $3 Million

OTTAWA, ONTARIO--(Marketwire - May 12, 2011) - Robert Ireland, CEO of Next Alternative, Inc. (XETRA:N4H), has announced that the firm recently signed a significant supplier/distributor contract with Jacobs Fuels.

Jacobs Fuels, a New York-based fuel supplier, will be providing raw fuel to Next Alternative (NAI) to be used in a variety of fuel production processes. Jacobs will also be a buyer of NAI's Emulsion-Fuel – serving as a distributor of the innovative alternative fuel solution to its clients. Initially the open flame applications of the fuel will serve the Pulp & Paper industry, as well as home heating purposes. In addition, Jacobs Fuels has purchased one of Next Alternative's Emulsion-Fuel machines which will allow the company to manufacture Emulsion-Fuel on its premises. Delivery and installation of the machine is scheduled for June.

According to Mr. Ireland, "We are very excited to join forces with Jacobs Fuels in this mutually beneficial arrangement." He continued, "With Jacobs supplying the raw fuel that we need for our product development and NAI supplying Emulsion Fuel for distribution to Jacobs clients, we can bring this useful alternative solution to a broader range of users."

Next Alternative Inc. is a break-through company paving the way in the global effort to discover alternative means of energy. Understanding the need to reduce the demand for fossil fuels, Next Alternative is pioneering new methods that provide eco-friendly solutions. Poised on the cutting-edge of new green technologies, Next Alternative strives to develop and offer products that meet the challenges of our new economy. Next Alternative stands as an innovator - bringing existing technologies together and melding them to meet future demand.

Contact Information

  • Next Alternative, Inc.