Gulf Ethanol Evolves to Gulf Alternative Energy Corporation

Gulf Alternative Energy Corporation (PinkSheets:GAEC) announced today that it has completed the process of changing its name from Gulf Ethanol Corp. The change is indicative of the Company’s move to advance its biomass processing technology beyond the ethanol industry. As the technology has developed, the company realized that there could be other alternative energy applications that would fit within the parameters of the technology platform.

Gulf Alternative Energy Corp. is developing a system that processes biomass, such as sorghum or switchgrass, into a fine powder. The Company expects this to increase the speed and efficiency of processing biomass into ethanol and other fuels. Only simple sugars can be fermented into ethanol so efficient conversion of the materials is essential to cellulosic ethanol production.

About Gulf Alternative Energy Corporation

Gulf Alternative Energy is an alternative energy company focused on the development of the cellulosic ethanol industry with a particular emphasis on Texas and the Gulf Coast.

For more information, visit www.gulfethanolcorp.com.

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