WEST PALM BEACH, Fla., July 09, 2015 (GLOBE NEWSWIRE) -- Alliance BioEnergy Plus, Inc. (OTCQB:ALLM) (the "Company") announced today that Company subsidiary AMG Energy Group, LLC contracted with Process Engineering Associates, LLC (“PROCESS”) to complete the Front-End Loading 1 and 2 (FEL 1 and FEL 2) engineering phases necessary for the construction of commercial CTS plants and to collect contracted license fees. Under the direction of AMG Energy Group President Jim Brown and Company representative Gordon Lunt, Process Engineering Associates will begin the FEL 1 gated process immediately, moving onto the FEL 2 phase in approximately 6 weeks and completing both phases by mid November 2015. From there the Company will work with its sub-licensees to complete the FEL 3 and Detail phases that are site specific, which completes the engineering package needed to begin Plant construction.
“This is a significant milestone in the commercial development of the CTS process. We are now focusing on the construction plants for sub-licensees and the Company,” said ALLM CEO Daniel de Liege. “We interviewed several Engineering Firms and decided on Process Engineering Associates because of their vast experience in the Chemical, Petroleum and Renewable Energy industries,” de Liege went on to say.
PROCESSES Engineers and Chemists will work closely with CTS inventor Dr. Richard Blair and the entire ALLM scientific and engineering team to deliver a detailed and accurate engineering package in a timely fashion.
About Process Engineering Associates, LLC
Process Engineering Associates, LLC (PROCESS) is a chemical engineering company providing process design, applied chemical engineering, and process safety services to the petroleum refining, chemical production, alternative fuels, food grade products, nuclear materials processing, and all other process industries. PROCESS personnel are experienced, highly-motivated chemical engineers with track records of significant achievement in all facets of process engineering. Past and current clients include Poet, BP Amoco, Conoco Phillips, Exxon Mobil, Unilever, IBM, Southern California Gas, American Ethanol, Halliburton Energy, Lockheed Martin and many others.
Alliance BioEnergy +, Inc. (“ALLM”) (OTCQB:ALLM), is a publicly traded company focusing on “Green” energy and renewable technologies. ALLM’s subsidiaries focus on emerging technologies in the renewable energy, bio-fuels and new technologies sectors. ALLM owns a fifty percent interest in Carbolosic, LLC, and the exclusive rights to North America (including Canada, U.S. and Mexico) and Africa. Carbolosic holds the exclusive, worldwide license to the patented mechanical/chemical technology, “CTS™” developed by the University of Central Florida. The CTS technology is able to produce Sugars, Various Fine Chemicals, Plastics, Carbon Fibers and other valuable products from virtually any plant material, wood or paper by product, fruit casings or bio waste.
Information in this document constitute forward-looking statements or statements which may be deemed or construed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "forecast", "anticipate", "estimate", "project", "intend", "expect", "should", "believe", and similar expressions are intended to identify forward-looking statements. These forward-looking statements involve, and are subject to known and unknown risks, uncertainties and other factors which could cause Alliance BioEnergy Plus, Inc actual results, performance (financial or operating) or achievements to differ from the future results, performance (financial or operating) or achievements expressed or implied by such forward-looking statements. The risks, uncertainties and other factors are more fully discussed in Alliance Media Group Holdings, Inc filings with the U.S. Securities and Exchange Commission. All forward-looking statements attributable to Alliance BioEnergy Plus, Inc herein are expressly qualified in their entirety by the above-mentioned cautionary statement. Alliance BioEnergy Plus, Inc disclaims any obligation to update forward-looking statements contained in this estimate, except as may be required by law.
Public Relations and Media Contact: Brandy Farrell (888) 607-3555 ext 1004
Source:Alliance Bioenergy Plus, Inc.