Alter NRG Corp. Releases First Quarter 2009 Report

CALGARY, Alberta, June 3  /PRNewswire-FirstCall/ -- Alter NRG Corp. (TSX: NRG; OTCQX: ANRGF) has issued a news release on its corporate activities and financial results for the three month period ended March 31, 2009. The entire release can be viewed at http://www.newswire.ca/en/releases/archive/May2009/13/c3672.html.

The following are the highlights for the first quarter of 2009 and the period up to May 11, 2009:

  -   Announced strategic alliance with Air Products for the development of
  renewable energy facilities in North America and Europe. Air Products is a
  recognized global leader in industrial gases and a Fortune 500 company.

  -   Advanced construction of Project Lighthouse, a commercial
  demonstration facility developed by Coskata Inc. (Coskata) that uses the
  WPC gasification solution to turn biomass into ethanol. Coskata, a leading
  second generation ethanol company, was recently named one of the "50
  Hottest Companies in Bioenergy".

  -   Advanced discussions in Europe with companies progressing with waste
  and renewable energy projects. The response was very positive and resulted
  in commercial discussions with several different companies. This includes
  two developers entering proposals for waste projects, providing a
  commercial proposal for a waste-to-energy facility in Turkey, entering
  final round technology discussions for a project in Spain, as well as
  other commercial discussions.

  -   Management travelled to China for the first time and received very
  positive interest and is currently advancing commercial discussions with
  strategic partners advancing waste and biomass clean energy projects
  including the signing of a memorandum of understanding. The Chinese have
  current plans to focus on cleaner energy and waste to energy solutions for
  which the Westinghouse brand is well recognized.

  -   Operations underway at the first of two commercial hazardous waste to
  energy facilities in India being operated by SMS Infrastructures, one of
  India's leading engineering companies. The facility is operational and is
  expected to be running at capacity during the third quarter of this year.

  -   Increased plasma technology sales and service revenue for the quarter
  to $1.1 million from $0.7 million in the first quarter of 2008, a 57%
  increase. The current sales are primarily for engineering services to
  advance commercial projects with technology equipment sale generally
  ranging from $10 to $50 million upon successful development.

  -   The Company continued to advance 12 projects to the engineering stage.
  Nine opportunities are located in the United States, one in Europe and two
  in Southeast Asia.



For more information on the Company's activities please visit http://www.alternrg.com/ or http://www.sedar.com/ to view Alter NRG's 2009 First Quarter Report.

About Alter NRG

Alter NRG is pursuing alternative energy solutions to meet the growing demand for environmentally responsible energy in world markets. The Company's vision is to become a leader in the development of innovative gasification projects for the commercial production of energy. The Company's objective for the next decade is to utilize its commercially proven plasma gasification technology to become a senior energy producer of hydrogen, syngas, and transportation fuels (diesel, naphtha, ethanol, etc.), steam and electricity, all of which are fundamental products for the world's growing energy needs. Alter NRG is listed on the TSX Venture in Canada and OTCQX in the United States. More information, including the entire quarterly report, can be found at http://www.alternrg.com/.

Forward Looking Statements

This news release contains certain forward-looking information and statements within the meaning of applicable securities laws. The forward-looking information and statements included in this news release are not guarantees of future performance and should not be unduly relied upon. The forward-looking information and statements contained in this news release speak only as of the date of this news release, and the Company assumes no obligation to publicly update or revise them to reflect new events or circumstances, except as may be required pursuant to applicable securities laws.

  Company Contact:
  Danny Hay, CFO
  403.806.3881

  Investor Relations Contact:
  Capital Market Relations
  Chris Rosgen
  949.481.9739


DATASOURCE: Alter NRG Corp.



CONTACT:  Danny Hay, CFO, of Alter NRG Corp., [phone]; or Chris

Rosgen, Investor Relations of Capital Market Relations, [phone], for

Alter NRG Corp.



Web Site:  http://www.alternrg.com/ 

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