Shumate Industries, Inc. Retains Alliance Advisors to Initiate a Proactive Investor Relations Program

Business Wire, July 11, 2006

CONROE, Texas -- Shumate Industries, Inc. (OTCBB:SHMT), a Texas-based energy field services company, today announced that it has retained Alliance Advisors, LLC, an affiliate of Hayden Communications, to initiate a targeted and proactive investor relations campaign. Alan Sheinwald, President of Alliance Advisors, and his team will be advising the Company in all facets of a proactive investor communications program.

Alliance Advisors will provide Shumate with a premier information resource to institutional investors, hedge funds, independent portfolio managers, buy-side and sell-side analysts, small to large retail brokerage firms and accredited individual investors. Alliance will leverage its recognized investment management teams to help capitalize on Shumate's proven assets and growth opportunities of its new Hemiwedge(R) technology. Additionally, they will work with Shumate's senior management team to extend market development, investor awareness programs and shareholder communications.

"The Company has experienced excellent growth of our core business as we begin the deployment our new Hemiwedge(R) technology, and presents an exciting opportunity of growth and expansion for Shumate," said Matt Flemming, CFO, of Shumate Industries. "After careful review, we selected Alliance Advisors to ensure that the investment community is kept informed of strong demand that Shumate Machine Works is currently experiencing, coupled with our progress toward the deployment of our Hemiwedge(R) technology. The Hemiwedge(R) valve is our proprietary valve product line targeting energy flow control applications. The team at Alliance Advisors is well-respected and has a proven track record on Wall Street. We are confident that Alliance Advisors will further assist us in communicating our story and recent achievements as we strive for additional success. This is extremely important as we expect to begin full deployment of our new products during the second half of 2006, coupled with the increased spending and development in the oil and gas industry which should further strengthen our core business."

Mr. Sheinwald commented, "Shumate continues to execute their strategic plan while achieving key milestones in connection with the deployment of their new Hemiwedge(R) technology. With its patented technology, the Hemiwedge(R) has the potential to revolutionize several aspects of the energy business which may substantially reduce field maintenance costs and costly downtime during valve maintenance. The company's highly competent management combined with its strong new and existing products makes Shumate a compelling investment opportunity. The timing is right to raise the level of awareness of SHMT in the investment community."

About Alliance Advisors, LLC

Alliance Advisors, LLC, an affiliate of Hayden Communications, Inc., assists public companies with market valuations under $100 million by developing and executing investor communications programs dedicated to interfacing with critical corporate investors in a timely and accurate manner. Clients receive the treatment of a larger organization, while Alliance provides the guidance and preparation for exposure required of an emerging public company. As Alliance clients achieve operational consistency, their investor relation campaigns are transitioned to the reach of the broader national institutional investment community.

About Shumate Industries, Inc.

Shumate Industries, Inc. is a Texas-based energy field Services Company that incorporates new technologies to bring products to market by leveraging its existing infrastructure, expertise and customer channels. The Company operates through two wholly owned subsidiaries, 1.) Shumate Machine Works, a contract machining and manufacturing division and 2.) Hemiwedge Valve Corporation, a division formed to launch a proprietary new technology in a valve product line targeting energy flow control applications.

The diverse line of products Shumate Machine Works manufactures for its customers includes expandable tubular launchers and liner hangers for oil & gas field service applications, blow-out preventors, top drive assemblies, directional drilling products, natural gas measurement equipment, control & check valves and sub-sea control equipment used in energy field service.

The Company's proprietary Hemiwedge(R) Valve product line includes quarter-turn metal seated valves with bore sizes ranging from two inch in diameter through eight inch with custom sizes up to twenty-four inches, ANSI and API certifications and multiple pressure classes, substantially reduced run torque reducing actuation costs. The Company believes its top-entry, cartridge replacement design where all the internal parts of the valve are self-contained and pre-certified will substantially reduce field maintenance costs and costly downtime during valve maintenance.

Today, the Company's customers include Baker Hughes, BJ Services Company, Canrig Drilling Technology, a Nabors Industries company, FMC Technologies, Halliburton Energy Services, National Oil Well Varco, Oceaneering Intervention Engineering, R&M Energy Systems, Shell Development, Smith International and Weatherford International. Additional information on Shumate can be obtained through its website at www.shumateinc.com.