Stratos Renewables (PK) (USOTC:SRNW)
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Stratos Renewables Corporation (OTCBB: SRNW), an emerging company
developing a South American sugarcane ethanol operation, today announced
that its Chief Strategy Officer, Sanjay Pai, presented the company’s
business proposition to members of the investment community and industry
leaders at the Rohstoffmesse Equity Capital Conference in Frankfurt,
Germany.
“Stratos is emerging as one of Latin America’s
most promising renewable fuel companies, and the reception from yesterday’s
audience reinforced our contention that there continues to be strong
interest in renewable fuels from Latin America and other emerging
markets,” said Mr. Pai. “Based
on the demonstrated success in their homeland alternative energy
endeavors, Europe offers a sophisticated biofuel and alternative energy
investor market that understands the capital needs of emerging players
in the space, as well as the benefits of sugarcane ethanol versus other
feedstocks. With sugarcane ethanol a unique biofuel that does not
produce net carbon emissions, Stratos is well positioned to become a
major supplier to the US, Europe and other regions.”
Mr. Pai has vast experience with some of Brazil’s
top sugarcane ethanol companies. He is Stratos’
chief strategist and one of Latin America’s
leading experts on sugarcane ethanol and Peru’s
potential for becoming a formidable supplier of ethanol to trading
partners in countries including the United States, Asia and the EU.
About Stratos Renewables
Stratos Renewables is committed to becoming a leader in Latin America's
rapidly emerging sugarcane ethanol industry, a growing segment of the
larger renewable fuel industry. The company believes Peru's economic
growth and expansion, illustrated by recent exponential growth in
foreign direct investment, and GDP growth over the last five years, adds
to Peru's promise as an attractive geographical location for the
cultivation, processing, distribution and use of alternative fuels. In
addition, rating agency DBRS has recently assigned investment-grade
credit ratings to Peru's long-term foreign and local currency debt. For
more information about Stratos Renewables, please visit: www.stratosrenewables.com.
About Ethanol
Ethanol is a clean burning, high octane biofuel produced from grain,
which is a renewable source, and can be grown year after year. In its
most basic sense, ethanol is a grain alcohol produced from sources such
as sugar. Pure 100% ethanol is normally not used as a replacement for
gasoline, but the integration of up to 20% ethanol into a gasoline
supply can cut down on not only the amount of oil consumed, but also on
the emissions generated by the burning of that fuel. Ethanol
significantly reduces harmful exhaust emissions, which contribute to
global warming. The United Nations expects all biofuels to account for a
full 25% of world energy needs by 2025.
Notice Regarding Forward-Looking Statements
This news release contains “forward-looking
statements,” as that term is defined in
Section 27A of the United States Securities Act of 1933, as amended, and
Section 21E of the United States Securities Exchange Act of 1934, as
amended. Statements in this press release which are not purely
historical are forward-looking statements and include any statements
regarding beliefs, plans, expectations or intentions regarding the
future. Since the forward-looking statements relate to future
developments, results or events, these statements are highly speculative
and involve risks, uncertainties and assumptions that are difficult to
assess. You should not construe any of these statements as a definitive
or invariable expression of what will actually occur or result. Actual
results could differ from those projected in any forward-looking
statements due to numerous factors. These forward-looking statements are
made as of the date of this news release and the Company and Stratos
assume no obligation to update the forward-looking statements, or to
update the reasons why actual results could differ from those projected
in the forward-looking statements. Although the Company believes that
the beliefs, plans, expectations and intentions contained in this press
release are reasonable, there can be no assurance those beliefs, plans,
expectations, or intentions will prove to be accurate. Investors should
consider all of the information set forth herein and should also refer
to the risk factors disclosed in the Company's periodic reports filed
from time to time with the Securities and Exchange Commission and
available at www.sec.gov.