Stratos Renewables Secures Land Agreements in Peru to Produce Up to 90 Million Gallons of Sugarcane Ethanol Per Year

  
    
  
  
    
      Stratos Renewables Corporation (OTCBB:SRNW), an emerging agro-energy 
      company developing a South American sugarcane ethanol operation, today 
      announced that the company has secured enough land in the northern 
      coastal region of Peru required for the production of up to 90 million 
      gallons per year of sugarcane-based ethanol. Stratos intends to use this 
      land for extensive sugarcane cultivation, milling and distillation into 
      ethanol primarily for export. Peru has historically achieved some of the 
      highest yields of sugarcane in the world.
    
    
      Peru’s superior soil and agricultural climate conditions allow for 
      year-round sugarcane harvesting and high yields, as water and nutrient 
      content can be managed using modern irrigation technology. This compares 
      favorably with uncontrolled climates in other countries where sugarcane 
      is cultivated. Peru’s location also affords low transportation costs for 
      export and distribution due to its coastal access and proximity to the 
      Pan-American Highway.
    
    
      Stratos President and Chief Executive Officer Tom Snyder stated, “We 
      are pleased that our negotiations with local communities in Northern 
      Peru have resulted in mutually beneficial relationships. Securing this 
      land marks an important milestone in our strategy to become one of the 
      lowest-cost ethanol producers in the world while stimulating the 
      Peruvian economy. We have spent considerable time working with local 
      officials to create programs that deliver a sustainable agro-investment 
      environment. We’re encouraged by this progress and we are solidifying 
      contracts with major engineering and construction companies to further 
      implement our business plan.”
    
    
      About Stratos Renewables
    
    
      Stratos Renewables is committed to becoming a leader in Latin America's 
      rapidly emerging agro-energy and 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.