FORUM DISCUSSES FIRST EVER
NON-PETROLEUM GASOLINE SUBSTITUTE
For Immediate Release
New York, NY--January 14, 1998-- A news briefing was held
today by Princeton University and Pure Energy Corporation
to discuss Princeton's recent patent for a revolutionary,
non-petroleum substitute for gasoline called P-series.
Pure Energy Corporation holds the exclusive worldwide
license to manufacture and distribute the alternative fuel.
P-series, which was developed by Dr. Stephen Paul of Princeton,
is designed to be cost competitive with gasoline and compatible
with the Clean Air Act of 1990 and the Energy Policy Act of 1992.
Use of the fuel, which is as much as 70 percent renewable will
advance reductions in greenhouse gases and lower tail pipe emissions.
Merrick Andlinger, CEO of Pure Energy Corporation, said today,
"This is a major milestone for Pure Energy Corporation and the
P-series. P-series has all the benefits of a 'fuel of the future'
and we are preparing it for commercialization today. It will be
cost and performance competitive with gasoline, as well as
Andlinger continued, "The focal point of our discussion today
was two-fold. We wanted our audience to take with them an
understanding of the benefits P-Series brings to today's society,
both from an environmental and economical impact, as well Pure
Energy's strategy for bringing P-series to the marketplace."
In his presentation, Mr. Andlinger discussed the history of Pure
Energy Corporation, the origin of P-series and Dr. Paul's role in
its development, the benefits and attributes of P-series and the
legislative mandates associated with the development of alternative
fuels and alternative fuel vehicles. Mr. Andlinger also discussed
in greater lengths, Pure Energy's commercialization plans for
Pure Energy Corporation, with offices in New York and
California, is a privately funded company that engineers
breakthrough products from biomass that are designed to be
cost competitive, use existing systems, and are environmentally
President & CEO
Pure Energy Corporation
Senior Account Executive
Hill and Knowlton, Inc.