Better Biodiesel, Inc. (OTCBB: BBDS)
Better Biodiesel Engages ThomasLloyd as Financial Advisor
SALT LAKE CITY–(BUSINESS WIRE)–Better Biodiesel, Inc. (OTCBB: BBDS – News), a producer of biodiesel fuel employing proprietary biodiesel production technology, announced that it has retained ThomasLloyd Capital LLC (ThomasLloyd) as the Company’s financial advisor.
ThomasLloyd will assist the Company with respect to its capital raising needs as well as on strategic issues such as project financing or in the formation of alliances, joint ventures or mergers and acquisitions. ThomasLloyd advised Better Biodiesel on its recent equity financing, announced May 9, 2007.
ThomasLloyd is the investment banking division of London-based ThomasLloyd Holdings, PLC – a global investment exchange offering asset management, investment banking, capital markets, and wealth management services to its clients.
“ThomasLloyd has reviewed Better Biodiesel’s proprietary pilot production technology and believes it holds significant promise in both the low capital cost of deployment and production of high quality biodiesel, thereby positioning the company well for the rapidly emerging biofuels markets,” said Craig Sultan, Global Head of Energy Investment Banking at ThomasLloyd. “Our mandate is to assist the Company to build shareholder value through the successful deployment of its biodiesel manufacturing process, and we are excited to contribute at this juncture.”
“ThomasLloyd Capital LLC is a premier boutique financial advisory firm with the financial expertise and personal service that Better Biodiesel requires to bring our technology into full and profitable commercialization both nationally, and globally,” said Ron Crafts, Better Biodiesel chairman and chief executive officer. “We are delighted to have them on our team.”
Key ThomasLloyd Capital LLC contacts:
Craig Sultan, 415.398.1019
Jennifer Flannery, 415.398.1013
For more information about ThomasLloyd, please visit www.thomas-lloyd.com.
About ThomasLloyd
ThomasLloyd was established in 2006 and formed as a result of the merger between US-based Illington Fund Management and European-based DKM Asset Management. The new group leverages DKM’s and Illington’s financial services expertise and provides global financial services across numerous markets. ThomasLloyd has offices in Stuttgart, Frankfurt, Dusseldorf (Germany), London (United Kingdom), New York, Albany, San Francisco (United States), Zurich (Switzerland), Vaduz (Liechtenstein) and Beijing (China). The firm’s seasoned management team has many years of successful experience in servicing private and institutional clients. They engineer innovative global financial solutions and management services by creating on-demand, often customized offerings that meet the unique needs of investors and their financial advisors.
About Better Biodiesel
Better Biodiesel has developed a proprietary waterless, continuous flow process capable of processing high grade biodiesel from multiple feedstocks. The company’s unique technology is able to utilize low grade feedstocks, including animal tallow, without pre-processing or post-polishing. The process utilized requires relatively little space. Better Biodiesel believes that it has significant advantages in the cost to build and operate biodiesel production facilities. Better Biodiesel’s objective is to become one of the world’s largest producers of biodiesel. (www.betterbiodiesel.com)
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Forward-Looking Statements
This news release includes forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. While these statements are made to convey to the public the Company’s progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management’s opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. Additional factors that could materially affect these forward-looking statements and/or predictions include, among other things: (1) our ability to manage the future acquisitions and the expansion of operations; (2) our ability to obtain contracts with suppliers of raw materials (for our production of biodiesel fuel) and with distributors of our biodiesel fuel product; (3) the risks inherent in the mutual performance such supplier and distributor contracts (including our production performance); and (4) our ability to raise necessary financing to execute the Company’s business plans.
Contact:
Capital Group Communications, Inc. for Better Biodiesel
Anthony Evans, Jeff Jordan or Abigail Bruce, 415-332-7200
betterbiodiesel@capitalgc.com
www.capitalgc.com
Source: Better Biodiesel, Inc.
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About Better Biodiesel:
Better Biodiesel, Inc. (OTCBB: BBDS) (”BBD”) has developed proprietary waterless technology that significantly reduces the costs of biodiesel production and its impact on the environment. A key environmental distinction in Better Biodiesel’s production method is the absence of any caustic chemicals in the catalytic reaction process, which enables Better Biodiesel to eliminate the washing and evaporation steps necessary under customary biodiesel production processes.
This proprietary technology speeds up the production timeline, increases the volume of fuel that can be made within a given time period, and reduces the amount of land needed for the production plant. Better Biodiesel’s initial pilot plant is producing approximately three million gallons per year and has a total footprint of less than 160 square feet.
Contact Information:
Better Biodiesel, Inc.
355 South 1550 West
Spanish Fork, UT 84660
Phone: (801) 798-7576
Email: info@betterbiodiesel.com
Investor Relations:
Capital Group Communications, Inc.
Anthony Evans / Mark Bernhard
betterbiodiesel@capitalgc.com
(415) 332-7200
Website: www.betterbiodiesel.com
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