SOURCE: Southridge Enterprises, Inc.

November 08, 2006 16:01 ET

Southridge Enterprises to Be Featured in SmartMoney Magazine

DALLAS, TX -- (MARKET WIRE) -- November 8, 2006 -- Southridge Enterprises, Inc. (OTCBB: SORD) (the "Company") is pleased to announce that it has arranged a feature in December's issue of SmartMoney Magazine ( Mr. Alex Smid, the Company's President, states, "This is a great opportunity for all of us at Southridge. SmartMoney has wide distribution and our message will be broadly distributed to a marketplace and readership that understands today's global energy outlook."

SmartMoney has become a leader in financial publishing and received critical acclaim which is recognized all over the financial community. They are dedicated to providing their subscribers with accurate, in-depth financial information.

About Southridge Enterprises, Inc.

Southridge Enterprises is a renewable energy company with a mission to become the ethanol producer of choice in the southeastern region of the United States. The Company is focusing its efforts in an area which offers abundant supplies of corn, superior transportation infrastructure and expedited permitting processes. The Company is acquiring and developing ethanol production facilities and anticipates start-up of the first phase of these operations in 2007. Southridge Enterprises is headquartered in Dallas, Texas. For more information, please visit our website:

Notice Regarding Forward-Looking Statements

This news release contains "forward-looking statements," as that term is defined in Section 27A of the Act and Section 21E of the Securities Exchange Act of 1934. Statements in this press release, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, closing of the acquisitions of ethanol production facilities and the startup of production of in 2007, if at all.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with the development of an early stage company in the alternative energy industry, its products and the entry into new markets for such products. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although the Company believes that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance those beliefs, plans, expectations or intentions will prove to be accurate. Investors should consider all of the information set forth herein and should also refer to the risk factors disclosed in the Company's current and periodic reports filed from time to time with the Securities and Exchange Commission.

On behalf of the Board of Directors,

Southridge Enterprises, Inc.

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