IRVINE, CA--May 30, 2008 -- BlueFire Ethanol Fuels, Inc. (OTC
BB:BFRE.OB - News), a company changing the world's transportation
fuel paradigm through the production of ethanol from non-food
cellulosic wastes, has been invited to present at The 5th Global
Clean Technology Conference hosted by Jefferies and Company, Inc.
on June 5, 2008 in New York City.
BlueFire Ethanol Chairman/CEO, Arnie Klann, is scheduled to make a
presentation to the general session from 3:15 to 3:45 p.m. eastern
time, as well as participate in several meetings with analysts and
institutional investors throughout the day. A live audio webcast
and replay of the presentation will be accessible at www.jefferies.com.
The conference will feature presentations by nearly 60 public and
private companies, from emerging growth companies to established
industry leaders, addressing global energy and water supply,
conservation and security issues. This one day investor event will
feature a diverse range of companies within the clean technology
sector including those engaged in biofuels, energy efficiency,
energy infrastructure, energy storage, geothermal power, industrial
biotechnology, smart grid technologies, solar power, wind power,
water power and water treatment.
"As oil prices continue their ascent, driven by growing demand from
India and China and ongoing depreciation of the U.S. dollar, we are
seeing heightened investor interest in non-fossil-fuel-based energy
sources," said Jeff Lipton, managing director and head of North
American CleanTech Investment Banking for Jefferies & Company.
"The 5th Global Clean Technology Conference brings investors
together with some of the most innovative companies developing
alternative sources of energy -- creating new opportunities both
for investors and presenting companies."
Klann will discuss how the company is deploying the world's first
commercially ready, patented and proven Concentrated Acid
Hydrolysis Technology Process for the profitable conversion of
cellulosic waste materials to ethanol. Cellulosic ethanol from
widely available waste materials will provide for ethanol's ability
to significantly and sustainably become an important component of
our nation's domestic energy supply.
BlueFire will create geographic flexibility in the location of
production plants by using locally available cellulosic wastes
bringing the benefits of ethanol to every State in our nation while
helping to solve limited landfill space and creating regional
economic development.
BlueFire Ethanol recently began the prefabrication process for its
first ethanol biorefinery in Lancaster, CA. The Lancaster facility
will use post-sorted cellulosic wastes diverted from landfills in
Southern California to produce fuel-grade ethanol. The company was
awarded $40 million from the U.S. Department of Energy for
construction of a second plant also in Southern California, and has
been invited to submit a formal application for a DOE loan
guarantee to assist in the financing of its ethanol production
facilities.
Jefferies, a global investment bank and institutional securities
firm, has served growing and mid-sized companies and their
investors for 45 years. Headquartered in New York, with more than
25 offices around the world, Jefferies provides clients with
capital markets and financial advisory services, institutional
brokerage, securities research and asset management. The firm is a
leading provider of trade execution in equity, high yield,
convertible and international securities for institutional
investors and high net worth individuals. Jefferies & Company,
Inc. is the principal operating subsidiary of Jefferies Group, Inc.
|
