Alternative Petroleum Technologies Increases Global Presence by Opening Lab in Italy

By Prne, Gaea News Network
Thursday, October 1, 2009

LUXEMBOURG -

Alternative Petroleum Technologies S.A. (”APT”) announced today that its new analytical and chemical development laboratory has been opened with its partner ITI S.r.l. in Genoa, Italy to support its expanding international activity. The purpose of the new laboratory is to formalize work on routine control of emulsion quality, formulation development of new fuel additives, and providing commercial analytical services to customers using fuels and lubricants.

The laboratory is staffed by a highly qualified and experienced multinational staff. It is capable of performing tests and techniques which include viscosity, density, flash point, water content determination, centrifuge stability, microscopy and laser particle size determination. It is planned to extend the testing capability.

The laboratory is covered by ISO 9001 registration and work has started to obtain European analytical approvals.

Alberto Vigliotti, President of ITI states, “APT and ITI consider the laboratory a novel way to differentiate the emulsion technology for the Italian market and begin immediate revenue generation. In fact, discussions for expansion of the laboratory facility are already under way”.

About Alternative Petroleum Technologies (www.altpetrol.com)

Alternative Petroleum Technologies S.A. is the holding company for a group of environmental technology companies dedicated to all aspects of cost-effective solutions to environmental problems. We offer technologies and expertise to help operators of compression-ignition engines and industrial boilers meet increasingly stringent emissions requirements. We are developing new ways to help international power plant operators meet the constantly growing demand for electricity with heavier oil products that are made cleaner and more economical. And we are meeting the challenge of providing even cleaner biodiesel fuels with new generations of emulsified fuels.

For more information please contact APT at info@altpetrol.com.

About ITI S.r.l. (www.itimpianti.it)

ITI S.r.l. is a company operating in the engineering, installation and maintenance of special plants for the petrochemical industry. We continuously introduce and develop new technologies for the production of alternative fuels with reduced emissions and for the soil remediation. We have recently launched our new product line AVKEM(R), which offers new solutions for a greener industrial chemistry. Our highly qualified staff also offer legal and scientific metrology consultancy to the food, pharmaceutical and petrochemical industry.

Disclaimer

This publication serves information purposes only and constitutes neither an offer to sell nor a solicitation to buy securities of Alternative Petroleum Technologies S.A. in any jurisdiction.

This publication also does not constitute an offer of securities for sale into the United States. Securities may not be offered or sold in the United States absent registration or any exemption from registration under the US Securities Act of 1933, as amended (the “Securities Act”). The securities of Alternative Petroleum Technologies S.A. described herein have not been and will not be registered under the US Securities Act and are not being and will not be offered or sold in the United States of America.

This publication is directed only at (I) persons who are outside the United Kingdom or (II) investment professionals falling within article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) (the “Order”) or (III) high net worth companies and other persons to whom it may lawfully be committed falling within article 49(2)(a) to (d) (”high net worth companies, unincorporated associations etc.”) of the Order (all such persons together being referred to as “Relevant Persons”). Any person who is not a Relevant Person must not act or rely on this communication or any of its contents.

This publication may contain forward-looking statements. These forward-looking statements concern the operations, prospects, plans, economic performance and financial condition of Alternative Petroleum Technologies S.A. Forward-looking statements are based on current estimates and assumptions made by Alternative Petroleum Technologies S.A. to the best of its present knowledge. Such forward-looking statements are based on assumptions and are subject to risks, uncertainties and other factors that could cause the actual financial condition and results of Alternative Petroleum Technologies S.A. to differ materially from and fail to meet the expectations expressed or implied by such forward-looking statements.

Alternative Petroleum Technologies S.A. assumes no obligation to update any information or forward-looking statements contained herein.

Source: Alternative Petroleum Technologies S.A.

Patrick Grimes of Alternative Petroleum Technologies S.A., +1-775-322-4605, ext. 2235, pgrimes at altpetrol.com

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