SOURCE: Nuclear Solutions, Inc.

January 24, 2007 10:10 ET

Nuclear Solutions' CEO Patrick Herda Applauds the President's Stance on Ethanol and Alternative Fuels

Company Subsidiary, Fuel Frontiers, Inc., Recently Selected to Brief EPA on Waste-to-Ethanol Technology

WASHINGTON, DC -- (MARKET WIRE) -- January 24, 2007 -- Nuclear Solutions, Inc. (OTCBB: NSOL) President and CEO, Patrick Herda, commended the strong stance President Bush took last night in his State of the Union message when he called for an aggressive expansion of U.S. production goals for renewable and alternative fuels.

"We are clearly in the right place at the right time. A cornerstone of our business plan is to produce renewable and alternative fuels using proven methods such as conventional bio-ethanol production and newer innovative processes to transform abundant wastes into synthetic ethanol and motor fuels," said Herda.

In his January 23, 2007 State of the Union address, the President asked congress to reduce U.S. gasoline consumption by 20% and increase a mandatory Fuels Standard to require 35 billion gallons per year of renewable and alternative fuels by the year 2017, five times more than the amount currently required by law.

President Bush also stated:

"We must continue investing in new methods of producing ethanol -- using everything from wood chips, to grasses; to agricultural wastes...America is on the verge of technological breakthroughs that will enable us to live our lives less dependent on oil."

Although more than 10 billion gallons of ethanol annually will probably come from corn-based production over the next few years, according to many industry and government estimates, the likely limit of corn ethanol is in the 15 billion gallon per year range. NSOL CEO, Patrick Herda, believes this will foster an environment conducive to developing new production methods.

"We anticipate significant opportunities from our corn based ethanol projects with the added benefit that they will serve as a technology bridge to methods that can support greater production volumes and lower costs for producing alternative fuels. The President's commitment to this kind of volume will open the door for newer approaches like our waste-to-ethanol and waste-to-fuel projects," Herda Continued.

The President's remarks on ethanol come one month after Fuel Frontiers, Inc., a subsidiary of NSOL, was specifically selected by the U.S. Environmental Protection Agency(EPA) to participate in an invitation only briefing to familiarize the Agency with technologies that show promise to meet the administration's ethanol goals. Provisions in the Energy Policy Act of 2005 direct the EPA to demonstrate viable ethanol and bio-fuel technologies.

"The sheer size of the motor fuel pool in the U.S. in conjunction with increasing foreign demand makes it imperative that we produce alternative fuels with lower costs and in greater volumes than at any other time in history. We look forward to working with EPA, the administration, and the new Congress to help achieve that goal.

"To that end, we have decided that our best approach is to reposition NSOL's focus as an energy holding company, drop subsidiary spin-off considerations for now, and keep our energy subsidiaries Fuel Frontiers, Inc. and Liquidyne Fuels, Inc. as closely held integral assets while we concentrate on developing the value of our business portfolio," concluded Patrick Herda, CEO of the company.

With its global Strategic Alliance Agreement with Connecticut-based Startech Environmental Corporation, ( FFI gains access to Startech's innovative, proven and proprietary Plasma Converter™ System, which is proposed for use in FFI's planned facilities to transform feedstock materials into synthetic fuels.

Currently, FFI reports its operations and financial results on a consolidated basis within Nuclear Solutions, Inc.'s public filings. Visit and for additional information.


The matters discussed in this press release are forward-looking statements that involve a number of risks and uncertainties such as our plans, objectives, expectations, and intentions. You can identify these forward-looking statements by our use of words such as "anticipate," "will serve," "working with," "for now," "is intended," "seems to be," "plan to use," "intends," "developing," "preliminary," "ongoing," "subject to," "exploring," "possibly," "to obtain," "initial," "planned," "possibility," "seek," "endeavor," "proposes," "planned, or other similar words or phrases. Some of these statements include discussions regarding our future business strategy and our ability to generate revenue, income and cash flow.

With regards to forward-looking statements on the proposed waste-to-fuel facility, an identical facility referenced herein has never before been constructed or operated and there are inherent risks associated with the establishment of such new operations. There could be unexpected problems or delays in the funding, construction and operation of the facility. There is no guarantee that we will be successful in raising the capital required for this project. While we believe that the appropriate technologies for waste-to-fuel conversion are commercially available, we cannot guarantee that commercially available technologies will be suitable under all circumstances for producing synthetic or GTL fuels in the proposed Fuel Frontiers, Inc. facility. Additionally, the same cautionary statements shall apply, where applicable, to corn based ethanol production projects. The Company intends to secure funding required for all projects referenced herein primarily through debt and/or equity financing.

Overall, actual future results for Nuclear Solutions, Inc., and its subsidiary Future Fuels, Inc., could differ significantly from statements contained in the press release. Factors that could adversely affect actual results and performance include, among others, the companies' limited operating history, dependence on key management, financing requirements, technical difficulties commercializing any projects, government regulation, technological change, and competition. In any event, undue reliance should not be placed on any forward-looking statements, which apply only as of the date of this press release. Additionally, patent pending status or licensing does not guarantee that a patent will issue or that the technology will be commercially successful. Accordingly, this informational release should be read in conjunction with Nuclear Solutions, Inc.'s periodic filings with the U.S. Securities and Exchange Commission, also available through the Web site at

Contact Information


    Nuclear Solutions, Inc.
    Investor Relations
    (202) 536-4653