AESO Atlantic Energy Solutions Inc (PK)

Atlantic Energy Solutions, Inc. (PINKSHEETS: AESO) announced today that they have entered into a Cooperative Marketing Agreement with York Financial Group. Atlantic Energy and York Financial have formed a strategic marketing partnership to help position themselves as innovators in the emerging energy performance project marketplace. The alliance was created to allow the companies to better utilize their proven technologies and expertise to help bring increased energy efficiencies through the use of new systems and equipment designed to lower energy costs and increase property values in homes.

In October 2008, the Department of Housing and Urban Development (HUD) moved forward with a plan which includes the delivery of an unprecedented blend of public and private money cemented by grants to support the stimulus bill of the new administration. The HUD funds are targeted to help provide relief for communities that have been negatively impacted by the housing crisis by providing the resources needed to rehabilitate bank owned properties. The energy efficiencies realized using solar power, efficient heating and cooling systems, and other home improvements should help these communities bring much needed stabilization to their real estate markets.

The grants are part of Congress' July 30 Housing and Economic Recovery Act that set out $4 billion to rehabilitate foreclosed, vacant and abandoned properties through the emergency Neighborhood Stabilization Program (NSP). Regions hardest hit by the foreclosure crisis should receive the most assistance. Congress is hoping the grants will alleviate some of the "blight" caused by abandoned homes left in disrepair, thereby stabilizing the downward price spiral.

York Financial Group will contract with select local Community Development leaders to administer NSP grants. Their goal is to oversee the non-profit interests that receive the grants and advise them regarding the overall tasks of sourcing, acquiring, improving and reselling the foreclosures. Atlantic Energy will provide energy audit services on all acquired homes, including design, finance and construction oversight for the installation of comprehensive energy efficient improvements. The York/Atlantic partnership will help provide newly remodeled and uniquely energy efficient homes to qualified buyers who meet HUD income guidelines.

Atlantic Energy's CEO, Tim Brock, stated, "We welcome the opportunity to be part of the solution to a very difficult problem. Atlantic is happy to help turn 'blight' into 'Green.' We think we have a valuable service to offer these hard hit communities." Mr. Brock further stated, "One in three homes that our Residential Services Team works on will have solar PV Panels on its roof."

While designing the system to administer the grants on behalf of recipient communities, York Financial Group principal Ken York realized the NSP money could do more than had been typically proposed. By matching public funds with private dollars derived from commercial lines of credit, and by using the expertise of real estate industry professionals, community development leaders could greatly extend the reach of the grants to provide more benefits to their regions.

"With the right implementation strategy, we believe we can triple benefits to these communities," stated Ken York. "In short, more money saves more homes, and input from real estate pros means faster delivery and fewer mistakes. By working with professionals like Atlantic Energy, we deliver energy efficient market-ready homes with reduced energy costs to help homeowners lower their bills, and in turn, make their mortgage easier to pay and providing incentive for longer term home ownership."

For more information on the partnership or the Neighborhood Stabilization Program, contact Ken York or visit www.YorkFinancialGroup.com. For more information on energy audits visit www.AtlanticEnergy.net. Services are available nationwide.

About Atlantic Energy Solutions, Inc.

Atlantic Energy Solutions is a globally accredited Energy Efficiency and Resource Company and member of the National Association of Energy Service Companies (NAESCO) (www.Naesco.org) that identifies, implements, and finances energy efficiency projects designed to improve the overall efficiency of energy, water usage and renewable resources, reducing our dependency on foreign oil and diminishing our carbon footprint. Headquartered in Saratoga Springs, NY and with a satellite office in Fairfield, NJ, Atlantic Energy Solutions assesses the energy demands and usages of municipal, corporate and industrial complexes to improve conservation and apply measures to bolster savings at the consumer level.

About York Financial Group, Inc.

York Financial Group is a consulting and financial services company providing technical assistance to Government and Non-Profit agencies. Headquarters are in Winter Springs, Florida.

This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Atlantic Energy Solutions, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include, but are not limited to, fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise any forward-looking statements.

CONTACT: Rich Inza ir@atlanticenergy.net 1-866-788-1600 www.atlanticenergy.net