HOUSTON, Sept. 4, 2008 (GLOBE NEWSWIRE) -- Gulf Ethanol Corporation (Pink Sheets:GFET) surprised its critics today by offering a free sample of the microscopic cellulosic feedstock powder produced by its processing unit. Short sellers have engaged in criticism of GFET and its technology, questioning the reality of Gulf's ability to produce a fine cellulosic powder that enhances the productivity and viability of cellulosic ethanol production.
As of today, any individual who writes to the company at its address below may request a sample of Gulf's cellulosic preprocessed powder to examine for themselves. Be sure to include your return address when requesting a sample of the product.
"Skeptics and short sellers have been implying that our technology is not real or that it doesn't produce the fine cellulosic powder as we have announced," noted Bill Carmichael, GFET's President. "We have tried to keep investors appraised of our progress each step of the way. Now, we are going to eliminate the doubts of any honest investor by giving them an actual sample of the powder we have produced," concluded Mr. Carmichael. "If you want to know whether we can produce the cellulosic powder we have described, just ask for a sample," added Mr. Carmichael.
Gulf Ethanol Corp Sample Request 1240 Blalock Road, Suite 200 Houston, TX 77055
About Gulf Ethanol Corporation
Gulf Ethanol is an alternative energy company focused on the development of the cellulosic ethanol industry with a particular emphasis on Texas and the Gulf Coast.
For more information please visit our homepage at: www.GulfEthanolCorp.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.