SOURCE: Gulf Ethanol Corp.

 

HOUSTON, TX--(Marketwire - September 8, 2008) - Gulf Ethanol Corporation (PINKSHEETS: GFET) announced today that it will be providing a private demonstration of its feedstock preprocessing unit at the request of a Fortune 100 energy company that has expressed an interest in the technology this week. The U.S. Department of Energy has stated that pre-processing feedstocks into smaller, drier particles is essential to the success of the cellulosic ethanol industry. This is the precise role of Gulf Ethanol's technology.

"Interest continues to increase in Gulf's new technology as we refine and improve on our technological platform," noted Bill Carmichael, GFET's President. "Once we have completed our initial tests and enhancements to the prototype production unit, we will begin design of our first full-scale commercial processing unit," he added.

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: http://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.