BlueFire Ethanol to Present at the Jefferies & Co. 5th Global Clean Technology Conference
Market Wire, May, 2008
BlueFire Ethanol Fuels, Inc. (OTCBB: BFRE), a company changing the world's transportation fuel paradigm through the production of ethanol from non-food cellulosic wastes, has been invited to present at The 5th Global Clean Technology Conference hosted by Jefferies and Company, Inc. on June 5, 2008 in New York City.
BlueFire Ethanol Chairman/CEO, Arnie Klann, is scheduled to make a presentation to the general session from 3:15 to 3:45 p.m. eastern time, as well as participate in several meetings with analysts and institutional investors throughout the day. A live audio webcast and replay of the presentation will be accessible at www.jefferies.com .
The conference will feature presentations by nearly 60 public and private companies, from emerging growth companies to established industry leaders, addressing global energy and water supply, conservation and security issues. This one day investor event will feature a diverse range of companies within the clean technology sector including those engaged in biofuels, energy efficiency, energy infrastructure, energy storage, geothermal power, industrial biotechnology, smart grid technologies, solar power, wind power, water power and water treatment.
"As oil prices continue their ascent, driven by growing demand from India and China and ongoing depreciation of the U.S. dollar, we are seeing heightened investor interest in non-fossil-fuel-based energy sources," said Jeff Lipton, managing director and head of North American CleanTech Investment Banking for Jefferies & Company. "The 5th Global Clean Technology Conference brings investors together with some of the most innovative companies developing alternative sources of energy -- creating new opportunities both for investors and presenting companies."
Klann will discuss how the company is deploying the world's first commercially ready, patented and proven Concentrated Acid Hydrolysis Technology Process for the profitable conversion of cellulosic waste materials to ethanol. Cellulosic ethanol from widely available waste materials will provide for ethanol's ability to significantly and sustainably become an important component of our nation's domestic energy supply.
BlueFire will create geographic flexibility in the location of production plants by using locally available cellulosic wastes bringing the benefits of ethanol to every State in our nation while helping to solve limited landfill space and creating regional economic development.
BlueFire Ethanol recently began the prefabrication process for its first ethanol biorefinery in Lancaster, CA. The Lancaster facility will use post-sorted cellulosic wastes diverted from landfills in Southern California to produce fuel-grade ethanol. The company was awarded $40 million from the U.S. Department of Energy for construction of a second plant also in Southern California, and has been invited to submit a formal application for a DOE loan guarantee to assist in the financing of its ethanol production facilities.
For more information about the conference, go to www.jefferies.com .
About Jefferies & Company
Jefferies, a global investment bank and institutional securities firm, has served growing and mid-sized companies and their investors for 45 years. Headquartered in New York, with more than 25 offices around the world, Jefferies provides clients with capital markets and financial advisory services, institutional brokerage, securities research and asset management. The firm is a leading provider of trade execution in equity, high yield, convertible and international securities for institutional investors and high net worth individuals. Jefferies & Company, Inc. is the principal operating subsidiary of Jefferies Group, Inc.
About BlueFire Ethanol
BlueFire Ethanol Fuels, Inc. is deploying the first commercially ready, patented, and proven Concentrated Acid Hydrolysis Technology Process for the profitable conversion of cellulosic ("Green Waste") waste materials to ethanol, a viable alternative to gasoline. BlueFire is the only cellulose-to-ethanol company worldwide with demonstrated production of ethanol from urban trash (post-sorted MSW), rice and wheat straws, wood waste and other agricultural residues. BlueFire Ethanol is one of six ethanol companies awarded funding from the U.S. Department of Energy for a planned ethanol production facility using cellulosic wastes diverted from landfills in Southern California. The facility will produce approximately 17 million gallons of cellulosic ethanol per year from green waste, wood waste and other cellulosic urban wastes. For more information, go to www.BlueFireEthanol.com .
Company contact: Rigel Stone BlueFire Ethanol Fuels, Inc. rstone@bluefireethanol.com 949.588.3767, ext. 404 Investor Contact: Scott Kitcher or Ron Both Liolios Group, Inc. info@liolios.com 949.574.3860 Media Contact: Laura Finlayson Avalanche Strategic Communications laura@avalanchepr.com 201.488.0049
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