PGI Energy Releases Business Plan and Financial Forecast

HOUSTON, TX--(Marketwire - Oct 28, 2011) - PGI Energy (PINKSHEETS: PGIE) releases its business plan and financial forecast. The management team of PGI has been working aggressively to realign its business and provide a clear and concise business plan to provide guidance for management and its shareholders going forward. We are excited to share recent developments with our shareholders and hope to add shareholder value soon! Our business plan can be found on our website and OTCmarkets.com under financial disclosure statement.

About us

PGI Energy, Inc. is an energy holding company, headquartered in Houston, Texas. The company's purpose is to acquire assets in the proven producing oil, gas assets, refinery, pipeline sectors of the energy industry and other synergistic assets.

PGI has formed several partnerships to grow its core business organically through strategic alliances diversifying its interest in green energy through biomass production, waste to energy, wood pellets production, syn gas, bio char production and plastics to synthetic crude. PGI has several core divisions which provide support to its operations and customers such as PGI Transportation & Logistics, PGI Green E & P, PGI Commodities Trading, and PGI Energy Trading, LTD. Visit our new transportation website at www.pgienergytransportation.com

CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements that involve a number of risks and uncertainties. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "believes," "expects," "may," "will," "intends, "plans," "should," "seeks," "pro forma," "anticipates," "estimates," "continues," or other variations thereof (including their use in the negative), or by discussions of strategies, plans or intentions. A number of factors could cause results to differ materially from those anticipated by such forward-looking statements, including those discussed under "Risk Factors" and "Our Business." Forward-looking statements are subject to known and unknown risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons.