WEST PALM BEACH, Fla., Oct. 25, 2016 (GLOBE NEWSWIRE) -- Alliance BioEnergy Plus, Inc. (OTCQB:ALLM) (the “Company”) announced today that Ben Slager has been formally elected to its Board of Directors, by unanimous vote. Company CEO Daniel de Liege said, “Mr. Slager brings decades of experience in developing, commercializing and eventually selling technologies around the world. His previous companies brought us some of the most important creations in use today.”
As a chemical engineer with a degree in business, Mr. Slager brings a unique mix of skills and real world experience to the Board of Directors. Mr. Slager founded, developed and sold several companies including a German electronics company that created smart card chips and carriers; a renewable energy company that invented and developed the performance enhancing film covering solar panels; as well as a high tech composite company using its patented fibers in antiballistic applications. In all Mr. Slager founded or acquired and then eventually sold more than a dozen companies which held more than fifteen (15) patents.
In addition to his vast technical experience, Mr. Slager worked as a market maker on the European Option Exchange and was the International Sales Director for automation and integration pioneer, ASM.
Mr. Slager’s international experience and command of five languages combined with his education and business acumen gives Alliance BioEnergy a competitive edge in the renewable energy and biotechnology industries.
About ALLM:
Alliance BioEnergy +, Inc. (“ALLM”) is a publicly traded company focusing on the commercialization and licensing of a patented cellulose conversion technology that it controls through a master license agreement with the University of Central Florida. ALLM’s subsidiary, AMG Energy Group, LLC (“AMG”), owns 50% of Carbolosic, LLC, in a joint venture with Thor Renewable Energy Singapore. Carbolosic holds the exclusive, worldwide license to four (4) issued patents and fourteen (14) filed and pending patents revolving around the core CTS (cellulose to sugar) technology. ALLM also holds the exclusive CTS rights to North America (Canada, US, and Mexico) and Africa.
The CTS process is the only known patented, dry mechanical process that can convert virtually any cellulose material into sugars and other products in a matter of minutes with no liquid acids, no applied heat, pressure or hazardous materials of any kind. The CTS process when used in the production of Ethanol is clean, less expensive to build and operate than traditional ethanol plants or other cellulose ethanol technologies and is completely environmentally friendly.
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’s 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.
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