SOURCE: Todays Alternative Energy Corporation

December 01, 2010 12:56 ET

TAEC Introduces New CEO

FAIRFIELD, CT--(Marketwire - December 1, 2010) - Todays Alternative Energy Corporation (OTCBB: BSOM), a worldwide direct marketer and distributor of industrial strength environmentally friendly biodegradable cleaning products, today announced the appointment of Mr. Len Amato as its CEO, CFO and member of the Company's board of directors.

Commenting on his appointment as TAEC's CEO, Len Amato said, "I am excited by the opportunity to launch TAEC's line of Guaranteed Enzyme Miracle cleaning products by taking advantage of the opening I see in the marketplace for scientifically proven industrial strength green cleaning products. I look to build on the foundation in place, draw on my experience and leverage the expertise of the Company's business partners to grow sales, increase the values of our GEM brand and scientific product formulas. I look forward to announcing plans to sell
GEM products through major retailers and online merchants."

In connection with the appointment of Mr. Amato, TAEC relocated its headquarters to 857 Post Road, Suite 397, Fairfield, Connecticut. TAEC's Guaranteed Enzyme Miracle Corp. subsidiary remains based at 6900 Alamo Downs Parkway, San Antonio, Texas.

Mr. Amato has over twenty years experience as an owner and investor in several successful businesses that focus on consumer products and services. Mr. Amato specialized in rapid sales growth and strategic expansion of operations from the start-up stage through successful sale to third parties. Upon completion of a major third party's acquisition of Mr. Amato's consumer product division, he went on to pursue his passion for community service through several leadership roles in not-for-profit organizations. From 2002 to 2010, Mr. Amato was president and a board member of CancerCare of Connecticut, a nonprofit organization that provides free professional support services to anyone affected by cancer. Mr. Amato serves as a committee chairman for The Michael Bolton Charities, Inc.

About the Company:

TAEC operates a cleaning division that will manufacture and sell a new line of industrial strength environmentally friendly biodegradable cleaning products that contain natural non-toxic ingredients made more powerful by TAEC's own scientific formulations. TAEC has plans for a biodiesel division that intends to use extraction technology to convert waste cooking oil and grease into a biodiesel fuel ingredient sold to biodiesel fuel producers. TAEC's biodiesel business is designed to eliminate environmental issues associated with disposing of waste cooking oil and grease.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Forward-looking statements in this release with respect to the TAEC's business, financial condition and results of operations, as well as matters of timing and effectiveness of marketing the GEM products are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond TAEC's control with respect to market acceptance of their products, whether financing will be available, the plans for TAEC to market and sell products as well as certain other risk factors which are and may be detailed from time to time in TAEC's filings with the Securities and Exchange Commission.

This press release contains forward-looking statements. The words or phrases 'may,' 'intends,' 'expects,' 'estimate,' 'indicate,' 'plans,' 'anticipates,' 'could,' 'if,' 'will,' 'should' or similar expressions are intended to identify 'forward-looking statements.' Actual results could differ materially from those projected in forward-looking statements as a result of a number of risks and uncertainties. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. TAEC cautions readers not to place undue reliance on such statements. Unless otherwise required by applicable law, TAEC does not undertake, and TAEC specifically disclaims any obligation to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.

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