Xethanol Corporation (AMEX: XNL), a renewable energy company, has announced that its Chief Executive Officer and President David Ames has joined the prestigious CEO Council, at the invitation of the American Council on Renewable Energy (ACORE) in Washington, D.C. ACORE is a non-profit organization that promotes all renewable energy options for the production of electricity, fuels, heat and hydrogen including wind, solar, waste-to-energy, and biofuels. ACORE focuses on markets, finance and policy and organizes major events that bring together the renewable energy community. ACORE President Michael Eckhart commented: �We are exceedingly pleased to have Xethanol join ACORE and our CEO Council, further building our membership in the renewable fuels arena. The build up of ethanol production in the US will be a major growth industry for the next 30 years and we congratulate Xethanol for being at the leading edge of this once in a century revolution.� Xethanol CEO and President David Ames said, �I am honored by ACORE�s invitation to join the CEO Council. Our membership in ACORE underscores our expanding business strategy aimed at key sectors in renewable energy.� Xethanol is focusing on opportunities in renewable energy and clean technology, including biomass gasification for electricity production, wind power, solar power, energy storage, energy infrastructure, energy efficiency, waste recycling and agricultural processes. These sectors aim to provide profitable solutions to global challenges. About Xethanol Corporation Xethanol Corporation is a renewable energy company focused on alternate energy products and technologies as well as producing ethanol and other co-products. For more information about Xethanol, please visit its website at http://www.xethanol.com. About ACORE ACORE, a 501(c)(3) membership nonprofit organization headquartered in Washington, D.C., is dedicated to bringing renewable energy into the mainstream of the US economy and lifestyle through information and communications programs. ACORE provides a common platform for the wide range of interests in the renewable energy community including renewable energy industries, associations, utilities, end users, professional service firms, financial institutions and government agencies. ACORE serves as a forum through which these parties work together on common interests. For more information, see www.acore.org Forward Looking Statements Some of the statements made in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management�s current expectations and include known and unknown risks, uncertainties and other factors, many of which the company is unable to predict or control, that may cause the company�s actual results or performance to differ materially from any future results or performance expressed or implied by such forward-looking statements. These statements involve risks and uncertainties, including risks and uncertainties associated with the company�s expanding business strategy, including whether the strategy will produce the anticipated results. These risks and uncertainties are in addition to other factors detailed from time to time in the company�s filings with the SEC, including the section entitled �Risk Factors� in its annual report on Form 10-KSB for the year ended December 31, 2006, as amended. The company cautions investors that any forward-looking statements made by the company are not necessarily indicative of future performance. The company is not responsible for updating the information contained in this press release beyond the published date, or for changes made to this document by wire services or Internet services.
Xethanol Corp. (AMEX:XNL)
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