Thursday January 31, 12:47 pm ET
LOS ANGELES & LIMA, Peru--(BUSINESS WIRE)--Stratos Renewables Corporation (OTC BB: SRNW.OB), an emerging South American sugarcane ethanol producer, today announced that the company will be presenting at the RedChip Small-Cap Investor Conference, ?Discovering Tomorrow?s Blue Chips Today.? The conference is being held at the Four Seasons Resort in Scottsdale, AZ on February 7th.
?We are extremely excited to be presenting alongside many other emerging companies and to have this opportunity to discuss our approach to renewable and alternative energy,? stated Stratos? Chief Executive Officer, Mr. Antonio Salas. ?We believe Stratos is well positioned for advancement in the Latin American biofuels industry and we?re looking forward to discussing the distinct advantages we believe our company possesses in the rapidly growing sugar cane ethanol segment of the energy industry.?
For conference information or to register to attend the event, please visit: http://www.redchip.com/visibility/ conferencePages/Phoenix2008/conferenceMainNew.asp.
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About Stratos Renewables Corporation
Stratos Renewables Corporation is committed to becoming a leader in Latin America's rapidly emerging sugarcane ethanol industry, a growing segment of the larger renewable fuel industry. The company believes Peru's economic growth and expansion, illustrated by recent exponential growth in foreign direct investment, and GDP growth over the last five years, adds to Peru's promise as an attractive location for the cultivation, processing, distribution and use of alternative fuels. Rating agency DBRS recently assigned investment-grade credit ratings to Peru's long-term foreign and local currency debt and, according to recent reports from several top financial institutions, the Free Trade Agreement struck between the US and Peru is expected to attract additional investment and contribute to continued economic growth.
For information about Stratos Renewables Corporation, please visit: www.stratosrenewables.com.
To view a Stratos Renewables Corporation Video clip, visit: http://www.QualityStocks.net/Stratos.
About Ethanol
Recent studies have demonstrated that ethanol is a clean burning biofuel produced from renewable sources, and can be grown year after year. In its most basic sense, ethanol is a grain alcohol and can be produced from sources such as corn and sugar. Pure ethanol is normally not used as a replacement for gasoline, but the integration of percentages ranging from 2% to 85% ethanol into a gasoline supply has the potential to cut down on not only the amount of oil consumed, but also on the emissions generated by the burning of that fuel. Studies indicate that ethanol significantly reduces harmful exhaust emissions, which contribute to global warming. According to a recent United Nations report, biofuels will account for up to 25% of the world?s energy needs by 2025.
Notice Regarding Forward-Looking Statements
This news release contains ?forward-looking statements,? as that term is defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Since the forward-looking statements relate to future developments, results or events, these statements are highly speculative and involve risks, uncertainties and assumptions that are difficult to assess. You should not construe any of these statements as a definitive or invariable expression of what will actually occur or result. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release and Stratos Renewables Corporation assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although Stratos Renewables Corporation believes that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance those beliefs, plans, expectations, or intentions will prove to be accurate. Investors should consider all of the information set forth herein and should also refer to the risk factors disclosed in Stratos Renewables Corporation?s periodic reports filed from time to time with the Securities and Exchange Commission and available at www.sec.gov.
For Further Information, Contact:
RedChip Companies, Inc.
500 Winderley Place, Suite 100, Orlando, FL 32751,
(800) 733-2447,Fax: (407) 644-0758,
info@redchip.com
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