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PATENT GRANTED ON NON-PETROLEUM GASOLINE SUBSTITUTE PURE ENERGY CORPORATION HOLDS EXCLUSIVE FUEL LICENSE

For Immediate Release

New York, NY--December 16, 1997-- Pure Energy Corporation announced today that the United States Patent and Trademark Office has issued a patent to Princeton University on a new, non-petroleum substitute for gasoline called P-series. The patent issued today is U.S. Patent No. 5697987 and is entitled Alternative Fuel. Pure Energy Corporation holds the exclusive worldwide license to manufacture and distribute the alternative fuel, which was developed by Dr. Stephen Paul of Princeton.

The fuel, which is non-petroleum and as much as 70 percent renewable, is designed to operate in existing flexible fuel vehicles. P-series is a unique blend of ethanol, natural gas liquids, and a co-solvent. Both ethanol and the co-solvent can be derived from renewable resources such as cellulosic biomass. Use of the fuel as an alternative to gasoline will contribute to significant reductions in greenhouse gases and lower tail pipe emissions.

Merrick Andlinger, CEO of Pure Energy Corporation, says, "The granting of a patent for the P-series is a critical step in our process to bring this valuable product to the marketplace. Dr. Paul and Princeton University should take great pride in the issuance of this patent."

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 sound.

Company Contacts:

Merrick Andlinger
President & CEO
Pure Energy Corporation
(212) 938-6923


Jennifer Colton
Hill and Knowlton, Inc.
(415) 781-2430

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