SOURCE: Alliance Media Group Holdings, Inc.

July 09, 2014 09:00 ET

Wealth Without Borders Magazine Highlights Alliance Media Group Holdings' Subsidiary CARBOLOSIC, LLC, in Upcoming Issue

BOCA RATON, FL--(Marketwired - Jul 9, 2014) - Wealth Without Border Magazine (the "magazine") will dedicate a feature spread in its upcoming issue to focus on the new technology coming out of Alliance Media Group Holdings, Inc. (OTCQB: ALLM) subsidiary Carbolosic, LLC (www.amgrenewables.com) (the "Company").

Carbolosic holds the exclusive worldwide license to the University of Central Florida's patented Cellulose to Sugar ("CTS™") technology, which has been touted as a game changer in the world of biofuels and fermentation technologies. Unlike other cellulose technologies the CTS process does not use any liquid acids, applied heat or pressure, does not require any pretreatment or produce any hazardous effluents. The entire process converts virtually any cellulose material (yard waste, trees, plants, pulp, fruit peels, etc.) into a fermentable sugar in less than 30 minutes through a mechanical/chemical process at an anticipated cost of less than $ 0.09 a pound, dramatically less than any other process known today. The sugars can then be used in the production ethanol, bio-diesels and other fermentation processes, drastically reducing the cost of these goods and allow biofuels, for the first time, to be cost effective and to survive without government subsidies.

Carbolosic recently signed a development agreement with Imerys Clays, Inc., a subsidiary of Imerys Performance Minerals, to test the process at a commercial scale and assist in the process design and certification. This multimillion-dollar commitment is expected to last throughout the year and will result in a commercial design that should be ready for licensing and construction throughout the world.

The upcoming article will focus on the Company, its management and the efforts being undertaken to commercialize this process in a very stealth manner. "We have purposely kept this quiet. Unlike a lot of other groups in this space we wanted our process proven at a commercial scale before we release any news to the world," said Joe McNaney CEO of Carbolosic, LLC. 

Wealth Without Borders readers will be amazed to learn that this new technology will not only convert cellulose to sugar in an unprecedented clean, quick and inexpensive fashion but this new technology is also being used to explore alternate pathways in creating plastics, carbon fibers and other fine chemicals. 

You can read all about this exciting new company and its groundbreaking technology in next month's Wealth Without Borders magazine available at newsstands everywhere and through the United States Regional Economic Development Authorities website www.usreda.com

About CTS™:

CTS™ was invented by Dr. Richard Blair at the University of Central Florida and patented by the University in 2012. Carbolosic obtained the exclusive, worldwide license to the patent in 2013. The patented CTS™ technology is the only known mechanical/chemical, dry process for converting cellulose material into sugar for use in the bio fuels industry as well as other fine chemical manufacturing without the use of enzymes, bacteria or liquid acids.  CTS™ is poised to become the preferred method for cellulose conversion due to its lack of harsh liquid acids, applied heat or pressure, enormous capital requirements as well as the absence of any hazardous byproduct materials. 

About Imerys:

The world leader in mineral-based specialty solutions for industry, with over 5 billion US in revenue and 15,800 employees in 2013, Imerys transforms a unique range of minerals to deliver essential functions (heat resistance, mechanical strength, conductivity, coverage, barrier effect, etc.) that are essential to its customers products and manufacturing processes.

Whether mineral components, functional additives, process enablers or finished products, Imerys' solutions contribute to the quality of a great number of applications in consumer goods, industrial equipment or construction. Combining expertise, creativity and attentiveness to customers' needs, the Group's international teams constantly identify new applications and develop high value-added solutions under a determined approach to responsible development. These strengths enable Imerys to develop through a sound, profitable business model.

More comprehensive information about Imerys may be obtained from its website (www.imerys.com

About AMG :

Alliance Media Group Holdings, Inc. (OTCQB: ALLM) is a Florida based public holding company focusing on investments in strong, proven markets while staying flexible enough to take advantage of emerging trends in a variety of industries. Alliance Media Group Holdings, Inc (or "AMG") currently operates two wholly owned subsidiaries: AMG Entertainment. LLC and AMG Renewables, LLC. Each division is independent of the other and is managed by seasoned professionals in their respective fields. AMG Entertainment is an all-inclusive "Mini Major" style Hollywood Studio (as that term is used in the industry) with development, production, promotion and distribution capabilities of not only feature films but television and music as well. AMG Renewables is focusing on the "Green Energy" sector and has identified several emerging technologies for development and possible acquisition. AMG Renewables management team and Board of Advisors is made up of highly experienced professionals from the bio-fuels, petroleum and bio-science industries.

Information in this document constitute forward-looking statements or statements which may be deemed or construed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "forecast", "anticipate", "estimate", "project", "intend", "expect", "should", "believe", and similar expressions are intended to identify forward-looking statements. These forward-looking statements involve, and are subject to known and unknown risks, uncertainties and other factors which could cause Alliance Media Group Holdings, Inc actual results, performance (financial or operating) or achievements to differ from the future results, performance (financial or operating) or achievements expressed or implied by such forward-looking statements. The risks, uncertainties and other factors are more fully discussed in Alliance Media Group Holdings, Inc filings with the U.S. Securities and Exchange Commission. All forward-looking statements attributable to Alliance Media Group Holdings, Inc herein are expressly qualified in their entirety by the above-mentioned cautionary statement. Alliance Media Group Holdings, Inc disclaims any obligation to update forward-looking statements contained in this estimate, except as may be required by law.

Contact Information

  • Public Relations and Media Contact:

    Steffan Dalsgaard
    Constellation Asset Advisors, Inc
    (775)771-5808