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Contact Information:
Next Alternative Inc.
Joe Biehl
EVP & Chief Financial Officer
(480) 748-6906
joe@next-alternative.com

Source: Next Alternative Inc.


press
July 17th, 2015:
Successful Burner Unit Test

Next Alternative Successful Test of NAI Diesel® in Burner Operations

Chandler, Ariz., July 17, 2015/PRNewswire/ — Next Alternative Inc. (NAI), an innovative fuel technology company, today announced today that it has successfully tested its NAI Diesel Fuel® in burner operations. The NAI Diesel Fuel® actually produce 5.2% more BTUs than straight diesel, while emitting approximately 58% less nitrous oxide and 28% less particulate matter and greenhouse gases.

Peter Law, Chief Executive Officer, commented, “We know our NAI Fuel® burns more efficiently due to our emulsification process, and consequently, reduces costs. We also know our fuel burns significantly cleaner than other fuels. Even more so, it is very encouraging to see that our fuel delivers more energy than standard fuels. We expect to see similar results when we test NAI Diesel Fuel® in a combustion engine in the coming months. ”

About Next Alternative Inc.

Next Alternative Inc. delivers innovative, alternative energy technology that reduces fuel and maintenance costs while significantly reducing harmful pollutants and greenhouse emissions. We emulsify heavy fuel oil and diesel fuel to create a significantly more efficient and cleaner burning fuel—NAI Fuel®. NAI Fuel®, depending upon the application, can achieve a reduction in fuel costs of up to 10%, a reduction in the harmful emissions in amounts of NOx ~ 58%, PM ~ 28%, and SOx~28%, and a reduction in greenhouse gases, CO2 ~28%.

“Introducing water into the combustion process by the use of emulsified fuels results in the generation of an enhanced “triple crown” of benefits: the reduction of emissions (NOX and PM), an increase in fuel efficiency, and the reduction of GHG (Greenhouse Gases).  As such, emulsified fuel technology is one of the most effective and cost-beneficial technologies available to accommodate future requirements for 1) hydrocarbon emission reductions, 2) energy efficiency enhancement and 3) GHG diminution.” (Power Magazine, February 2009).

Cautionary Note Regarding Forward-Looking Statements

Certain information contained in this press release is forward-looking in nature. All statements in this press release, or made by management of Next Alternative Inc. and its subsidiaries (“NAI”), other than statements of historical fact, are hereby identified as “forward-looking statements” (as such term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). In some cases, forward-looking statements can be identified by terminology such as “may,” “will,” “should,” “would,” “expects,” “plans,” “anticipates,” “intends,” “believes,” “estimates,” “predicts,” “potential,” “continue,” or the negative of these terms or other comparable terminology or our management are intended to identify such forward-looking statements.  Examples of forward-looking statements include statements regarding NAI’s future financial results, operating results, business strategies, projected costs, products under development, competitive positions, and plans and objectives of NAI and its management for future operations.  These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict.  Many important factors could affect the company’s future operating results and financial condition and could cause actual results to differ materially from historical results and expectations based on forward-looking statements made in this document or elsewhere by NAI or on its behalf.  Except as required by law, we undertake no obligation to publicly update forward-looking statements, whether as a result of new information, future events, or otherwise.

 

Contact Information:
Next Alternative Inc.
Joe Biehl
EVP & Chief Financial Officer
(480) 748-6906joe@next-alternative.com

Source: Next Alternative Inc.


press
June 28, 2015:
Successful Emulsion of Biodiesel

Next Alternative Announces Successful Emulsion of Biodiesel

Chandler, Ariz., June 28, 2015 /PRNewswire/ — Next Alternative Inc. (NAI), an innovative fuel technology company, today announced it has routinely emulsified heavy biodiesel fuel in its laboratory, with greater than expected results. The NAI BioDiesel® proved to emulsify rather easily, with virtually no modification of NAI’s basic chemical formula and process for emulsification. NAI uses a proprietary formula and mechanical know-how to produce NAI BioDiesel Fuel®, which increases fuel efficiency and decreases harmful and greenhouse emissions.

Peter Law, Chief Executive Officer, commented, “Our emulsification process when used with biodiesel may be the cleanest burning fuel, including natural gas. However, biodiesel currently makes up less than 1.0 percent of oil fuel consumed, so we do not expect to make biodiesel a focused market at this time.”

About Next Alternative Inc.

Next Alternative Inc. delivers innovative, alternative energy technology that reduces fuel and maintenance costs while significantly reducing harmful pollutants and greenhouse emissions. We emulsify heavy fuel oil and diesel fuel to create a significantly more efficient and cleaner burning fuel—NAI Fuel®. NAI Fuel®, depending upon the application, can achieve a reduction in fuel costs of up to 10%, a reduction in the harmful emissions in amounts of NOx ~ 58%, PM ~ 28%, and SOx~28%, and a reduction in greenhouse gases, CO2 ~28%.

“Introducing water into the combustion process by the use of emulsified fuels results in the generation of an enhanced “triple crown” of benefits: the reduction of emissions (NOX and PM), an increase in fuel efficiency, and the reduction of GHG (Greenhouse Gases).  As such, emulsified fuel technology is one of the most effective and cost-beneficial technologies available to accommodate future requirements for 1) hydrocarbon emission reductions, 2) energy efficiency enhancement and 3) GHG diminution.” (Power Magazine, February 2009).

Cautionary Note Regarding Forward-Looking Statements

Certain information contained in this press release is forward-looking in nature. All statements in this press release, or made by management of Next Alternative Inc. and its subsidiaries (“NAI”), other than statements of historical fact, are hereby identified as “forward-looking statements” (as such term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). In some cases, forward-looking statements can be identified by terminology such as “may,” “will,” “should,” “would,” “expects,” “plans,” “anticipates,” “intends,” “believes,” “estimates,” “predicts,” “potential,” “continue,” or the negative of these terms or other comparable terminology or our management are intended to identify such forward-looking statements.  Examples of forward-looking statements include statements regarding NAI’s future financial results, operating results, business strategies, projected costs, products under development, competitive positions, and plans and objectives of NAI and its management for future operations.  These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict.  Many important factors could affect the company’s future operating results and financial condition and could cause actual results to differ materially from historical results and expectations based on forward-looking statements made in this document or elsewhere by NAI or on its behalf.  Except as required by law, we undertake no obligation to publicly update forward-looking statements, whether as a result of new information, future events, or otherwise.

 

Contact Information:
Next Alternative Inc.
Joe Biehl
EVP & Chief Financial Officer
(480) 748-6906joe@next-alternative.com

Source: Next Alternative Inc.


press
June 1st, 2015:
VP of Latin America Sales

Next Alternative Announces Addition of Lex Hemeyer, VP of Latin American Sales to Senior Management Team

Chandler, Ariz., June 1, 2015 /PRNewswire/ — Next Alternative Inc. (NAI), an innovative fuel technology company, today announced that Lex Hemeyer will serve as Vice President of Latin American Sales. Lex is a seasoned international sales executive with over 20 years of experience in leading sales efforts in Central and South America, as well as in Europe and Asia. He has extensive experience in new market and new product development, contract negotiations, foreign tender processes and requirements and brings to NAI an international network of governments and businesses. He has served as Director of Latin America Sales for Armament Systems & Procedures and for Taser International. Lex holds a Master of Business Administration degree from San Diego State University and a Bachelor of Arts degree in Economics from Brigham Young University.

Peter Law, Chief Executive Officer, commented, “Central America has few, if any, viable alternatives for power generation than heavy fuel oil, which produces significant harmful nitrous oxide and particulate matter emissions. Our NAI HFO® is the solution for cleaner fuel burning operations, which Latin America can benefit from. Lex’s experience and network will surely help us successfully reach out to commercial, industrial, and government organizations that are in need of our product. ”

About Next Alternative Inc.

Next Alternative Inc. delivers innovative, alternative energy technology that reduces fuel and maintenance costs while significantly reducing harmful pollutants and greenhouse emissions. We emulsify heavy fuel oil and diesel fuel to create a significantly more efficient and cleaner burning fuel—NAI Fuel®. NAI Fuel®, depending upon the application, can achieve a reduction in fuel costs of up to 10%, a reduction in the harmful emissions in amounts of NOx ~ 58%, PM ~ 28%, and SOx~28%, and a reduction in greenhouse gases, CO2 ~28%.

“Introducing water into the combustion process by the use of emulsified fuels results in the generation of an enhanced “triple crown” of benefits: the reduction of emissions (NOX and PM), an increase in fuel efficiency, and the reduction of GHG (Greenhouse Gases).  As such, emulsified fuel technology is one of the most effective and cost-beneficial technologies available to accommodate future requirements for 1) hydrocarbon emission reductions, 2) energy efficiency enhancement and 3) GHG diminution.” (Power Magazine, February 2009).

 

Cautionary Note Regarding Forward-Looking Statements

Certain information contained in this press release is forward-looking in nature. All statements in this press release, or made by management of Next Alternative Inc. and its subsidiaries (“NAI”), other than statements of historical fact, are hereby identified as “forward-looking statements” (as such term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). In some cases, forward-looking statements can be identified by terminology such as “may,” “will,” “should,” “would,” “expects,” “plans,” “anticipates,” “intends,” “believes,” “estimates,” “predicts,” “potential,” “continue,” or the negative of these terms or other comparable terminology or our management are intended to identify such forward-looking statements.  Examples of forward-looking statements include statements regarding NAI’s future financial results, operating results, business strategies, projected costs, products under development, competitive positions, and plans and objectives of NAI and its management for future operations.  These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict.  Many important factors could affect the company’s future operating results and financial condition and could cause actual results to differ materially from historical results and expectations based on forward-looking statements made in this document or elsewhere by NAI or on its behalf.  Except as required by law, we undertake no obligation to publicly update forward-looking statements, whether as a result of new information, future events, or otherwise.

 

Contact Information:
Next Alternative Inc.
Joe Biehl
EVP & Chief Financial Officer
(480) 748-6906joe@next-alternative.com

Source: Next Alternative Inc.


press
April 17th, 2015:
Prototype Emulsion Processing Tool

Next Alternative Announces Successful Completion and Testing of Prototype Emulsification Processing Unit

Chandler, Ariz., April 17, 2015 /PRNewswire/ — Next Alternative Inc. (NAI), an innovative fuel technology company, today announced they have completed and tested its prototype emulsification processing unit (“EPU”). The prototype was successfully tested using NAI’s proprietary formula for diesel fuel and was able to produce large quantities of NAI Diesel Fuel®, which increases fuel efficiency while decreasing harmful and greenhouse emissions.

Peter Law, Chief Executive Officer, commented, “We are very fortunate to enjoy continued success with our research and development efforts. Thanks to our joint venture with Unique Manufacturing and their expertise, we believe we have developed one of the best emulsification machines in our industry. With additional volume testing, we will soon be focusing on assembling a top notch sales team.”

About Next Alternative Inc.

Next Alternative Inc. delivers innovative, alternative energy technology that reduces fuel and maintenance costs while significantly reducing harmful pollutants and greenhouse emissions. We emulsify heavy fuel oil and diesel fuel to create a significantly more efficient and cleaner burning fuel—NAI Fuel®. NAI Fuel®, depending upon the application, can achieve a reduction in fuel costs of up to 10%, a reduction in the harmful emissions in amounts of NOx ~ 58%, PM ~ 28%, and SOx~28%, and a reduction in greenhouse gases, CO2 ~28%.

“Introducing water into the combustion process by the use of emulsified fuels results in the generation of an enhanced “triple crown” of benefits: the reduction of emissions (NOX and PM), an increase in fuel efficiency, and the reduction of GHG (Greenhouse Gases).  As such, emulsified fuel technology is one of the most effective and cost-beneficial technologies available to accommodate future requirements for 1) hydrocarbon emission reductions, 2) energy efficiency enhancement and 3) GHG diminution.” (Power Magazine, February 2009).

 

Cautionary Note Regarding Forward-Looking Statements

Certain information contained in this press release is forward-looking in nature. All statements in this press release, or made by management of Next Alternative Inc. and its subsidiaries (“NAI”), other than statements of historical fact, are hereby identified as “forward-looking statements” (as such term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). In some cases, forward-looking statements can be identified by terminology such as “may,” “will,” “should,” “would,” “expects,” “plans,” “anticipates,” “intends,” “believes,” “estimates,” “predicts,” “potential,” “continue,” or the negative of these terms or other comparable terminology or our management are intended to identify such forward-looking statements.  Examples of forward-looking statements include statements regarding NAI’s future financial results, operating results, business strategies, projected costs, products under development, competitive positions, and plans and objectives of NAI and its management for future operations.  These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict.  Many important factors could affect the company’s future operating results and financial condition and could cause actual results to differ materially from historical results and expectations based on forward-looking statements made in this document or elsewhere by NAI or on its behalf.  Except as required by law, we undertake no obligation to publicly update forward-looking statements, whether as a result of new information, future events, or otherwise.

 

Contact Information:
Next Alternative Inc.
Joe Biehl
EVP & Chief Financial Officer
(480) 748-6906joe@next-alternative.com

Source: Next Alternative Inc.

press
December 18th, 2014:
Successful Emulsion of Diesel

Next Alternative Announces Successful Emulsion of Diesel Fuel in Lab Environment

Chandler, Ariz., December 18, 2014 /PRNewswire/ — Next Alternative Inc. (NAI), an innovative fuel technology company, today announced it has routinely emulsified heavy diesel fuel in its laboratory, with greater than expected results. The NAI Diesel® proved to be more than adequately stable for commercial and transportation uses, including local fleet and tug boat operations, short haul railroads and diesel powered generation, as well as underground mining. NAI uses a proprietary formula and mechanical know-how to produce NAI Diesel Fuel®, which increases fuel efficiency and decreases harmful and greenhouse emissions.

Peter Law, Chief Executive Officer, commented, “It appears our lab team has cracked the code in developing very stable, long lasting, emulsification fuels. This success broadens the opportunities for NAI to sell its product throughout North and South America, where many potential customers have expressed interest in a cleaner burning solution to heavy fuel oil and diesel fuel, not to mention the significant cost savings our product delivers. ”

About Next Alternative Inc.

Next Alternative Inc. delivers innovative, alternative energy technology that reduces fuel and maintenance costs while significantly reducing harmful pollutants and greenhouse emissions. We emulsify heavy fuel oil and diesel fuel to create a significantly more efficient and cleaner burning fuel—NAI Fuel®. NAI Fuel®, depending upon the application, can achieve a reduction in fuel costs of up to 10%, a reduction in the harmful emissions in amounts of NOx ~ 58%, PM ~ 28%, and SOx~28%, and a reduction in greenhouse gases, CO2 ~28%.

“Introducing water into the combustion process by the use of emulsified fuels results in the generation of an enhanced “triple crown” of benefits: the reduction of emissions (NOX and PM), an increase in fuel efficiency, and the reduction of GHG (Greenhouse Gases).  As such, emulsified fuel technology is one of the most effective and cost-beneficial technologies available to accommodate future requirements for 1) hydrocarbon emission reductions, 2) energy efficiency enhancement, and 3) GHG diminution.” (Power Magazine, February 2009).

 

Cautionary Note Regarding Forward-Looking Statements

Certain information contained in this press release is forward-looking in nature. All statements in this press release, or made by management of Next Alternative Inc. and its subsidiaries (“NAI”), other than statements of historical fact, are hereby identified as “forward-looking statements” (as such term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). In some cases, forward-looking statements can be identified by terminology such as “may,” “will,” “should,” “would,” “expects,” “plans,” “anticipates,” “intends,” “believes,” “estimates,” “predicts,” “potential,” “continue,” or the negative of these terms or other comparable terminology or our management are intended to identify such forward-looking statements.  Examples of forward-looking statements include statements regarding NAI’s future financial results, operating results, business strategies, projected costs, products under development, competitive positions, and plans and objectives of NAI and its management for future operations.  These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict.  Many important factors could affect the company’s future operating results and financial condition and could cause actual results to differ materially from historical results and expectations based on forward-looking statements made in this document or elsewhere by NAI or on its behalf.  Except as required by law, we undertake no obligation to publicly update forward-looking statements, whether as a result of new information, future events, or otherwise.

 

Contact Information:
Next Alternative Inc.
Joe Biehl
EVP & Chief Financial Officer
(480) 748-6906joe@next-alternative.com

Source: Next Alternative Inc.


press
October 10th, 2014:
Successful Emulsion of RFO

Next Alternative Announces Successful Emulsion of Heavy Fuel Oil in Lab Environment

Chandler, Ariz., October 10, 2014 /PRNewswire/ — Next Alternative Inc. (NAI), an innovative fuel technology company, today announced it has routinely emulsified heavy fuel oil (“HFO”, called “Bunker C” in the marine industry) in its laboratory, with greater than expected results. The NAI HFO® proved to be more than adequately stable for commercial and industrial uses, including industrial burners and boilers, oil powered electrical generation plants, and marine vessels. NAI uses a proprietary formula and mechanical know-how to produce NAI HFO Fuel®, which increases fuel efficiency and decreases harmful and greenhouse emissions.

Peter Law, Chief Executive Officer, commented, “The success of our chemical research and development team has exceeded our expectations. We have taken a very methodical approach and conducted a myriad of tests experimenting with various chemicals to derive a commercial ready formula. I am very pleased with the results. We expect to continue our efforts and have a formula for diesel fuel in the near future.”

About Next Alternative Inc.

Next Alternative Inc. delivers innovative, alternative energy technology that reduces fuel and maintenance costs while significantly reducing harmful pollutants and greenhouse emissions. We emulsify heavy fuel oil and diesel fuel to create a significantly more efficient and cleaner burning fuel—NAI Fuel®. NAI Fuel®, depending upon the application, can achieve a reduction in fuel costs of up to 10%, a reduction in the harmful emissions in amounts of NOx ~ 58%, PM ~ 28%, and SOx~28%, and a reduction in greenhouse gases, CO2 ~28%.

“Introducing water into the combustion process by the use of emulsified fuels results in the generation of an enhanced “triple crown” of benefits: the reduction of emissions (NOX and PM), an increase in fuel efficiency, and the reduction of GHG (Greenhouse Gases).  As such, emulsified fuel technology is one of the most effective and cost-beneficial technologies available to accommodate future requirements for 1) hydrocarbon emission reductions, 2) energy efficiency enhancement, and 3) GHG diminution.” (Power Magazine, February 2009).

 

Cautionary Note Regarding Forward-Looking Statements

Certain information contained in this press release is forward-looking in nature. All statements in this press release, or made by management of Next Alternative Inc. and its subsidiaries (“NAI”), other than statements of historical fact, are hereby identified as “forward-looking statements” (as such term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). In some cases, forward-looking statements can be identified by terminology such as “may,” “will,” “should,” “would,” “expects,” “plans,” “anticipates,” “intends,” “believes,” “estimates,” “predicts,” “potential,” “continue,” or the negative of these terms or other comparable terminology or our management are intended to identify such forward-looking statements.  Examples of forward-looking statements include statements regarding NAI’s future financial results, operating results, business strategies, projected costs, products under development, competitive positions, and plans and objectives of NAI and its management for future operations.  These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict.  Many important factors could affect the company’s future operating results and financial condition and could cause actual results to differ materially from historical results and expectations based on forward-looking statements made in this document or elsewhere by NAI or on its behalf.  Except as required by law, we undertake no obligation to publicly update forward-looking statements, whether as a result of new information, future events, or otherwise.

 

Contact Information:
Next Alternative Inc.
Joe Biehl
EVP & Chief Financial Officer
(480) 748-6906joe@next-alternative.com

Source: Next Alternative Inc.


press
August 19th, 2014:
JV with Unique

Next Alternative Announces Joint Venture with Unique Manufacturing

Chandler, Ariz., August 19, 2014 /PRNewswire/ — Next Alternative Inc. (NAI), an innovative fuel technology company, today announced that it has entered into a joint venture agreement with Unique Manufacturing to build NAI’s Emulsification Processing Unit (EPU), participate in NAI’s research and development, and to invest funds by purchasing NAI common stock. Unique will assist in the design and manufacturing of NAI’s prototype EPU, which will emulsify diesel and heavy fuel oil and produce NAI Fuel®, which can be used in numerous transportation and industrial burner operations. NAI Fuel® has been proven to increase fuel efficiency, while reducing harmful emissions and greenhouse gases. The joint venture agreement also provides for a long term manufacturing arrangement for global sales.

Peter Law, Chief Executive Officer, commented, “Unique Manufacturing enjoys a great reputation for its quality work and innovative design of new equipment. We are fortunate to have them as a partner and appreciate the expression of confidence in our abilities and future opportunities with their investment.”

About Next Alternative Inc.

Next Alternative Inc. delivers innovative, alternative energy technology that reduces fuel and maintenance costs while significantly reducing harmful pollutants and greenhouse emissions. We emulsify heavy fuel oil and diesel fuel to create a significantly more efficient and cleaner burning fuel—NAI Fuel®. NAI Fuel®, depending upon the application, can achieve a reduction in fuel costs of up to 10%, a reduction in the harmful emissions in amounts of NOx ~ 58%, PM ~ 28%, and SOx~28%, and a reduction in greenhouse gases, CO2 ~28%.

“Introducing water into the combustion process by the use of emulsified fuels results in the generation of an enhanced “triple crown” of benefits: the reduction of emissions (NOX and PM), an increase in fuel efficiency, and the reduction of GHG (Greenhouse Gases).  As such, emulsified fuel technology is one of the most effective and cost-beneficial technologies available to accommodate future requirements for 1) hydrocarbon emission reductions, 2) energy efficiency enhancement and 3) GHG diminution.” (Power Magazine, February 2009).

 

About Unique Manufacturing

Unique Manufacturing was founded in 1969 and currently provides manufacturing, R&D, and other related services to several industries worldwide. Customers include many multibillion dollar companies who rely on Unique for their exacting quality work and the dependability of their machines. Unique is located in Phoenix, Arizona.

 

Cautionary Note Regarding Forward-Looking Statements

Certain information contained in this press release is forward-looking in nature. All statements in this press release, or made by management of Next Alternative Inc. and its subsidiaries (“NAI”), other than statements of historical fact, are hereby identified as “forward-looking statements” (as such term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). In some cases, forward-looking statements can be identified by terminology such as “may,” “will,” “should,” “would,” “expects,” “plans,” “anticipates,” “intends,” “believes,” “estimates,” “predicts,” “potential,” “continue,” or the negative of these terms or other comparable terminology or our management are intended to identify such forward-looking statements.  Examples of forward-looking statements include statements regarding NAI’s future financial results, operating results, business strategies, projected costs, products under development, competitive positions, and plans and objectives of NAI and its management for future operations.  These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict.  Many important factors could affect the company’s future operating results and financial condition and could cause actual results to differ materially from historical results and expectations based on forward-looking statements made in this document or elsewhere by NAI or on its behalf.  Except as required by law, we undertake no obligation to publicly update forward-looking statements, whether as a result of new information, future events, or otherwise.

 

Contact Information:
Next Alternative Inc.
Joe Biehl
EVP & Chief Financial Officer
(480) 748-6906joe@next-alternative.com

Source: Next Alternative Inc.


press
June 20th, 2014:
Corp. Restructure, New Management Team

Next Alternative Assembles New Management Team and Relocates Corporate Headquarters to Chandler, Arizona

Chandler, Ariz., June 20, 2014 /PRNewswire/ — Next Alternative Inc. (NAI), an innovative fuel technology company, today announced that Peter Law will serve as its Chairman and Chief Executive Officer, with Joe Biehl serving as its Executive Vice President & Chief Operating Officer. Mr. Law joined Next Alternative in 2009 as President of U.S. operations. He has accumulated more than 30 years of business acumen in executive leadership roles in both marketing and operations and previously served as CEO of 44 Marketing, Ecuir Motors, and Law Motorsports.

Joe Biehl, NAI’s new Chief Operating Officer, is a C-level strategic, operations, and finance executive with over 20 years of experience in leading private and public companies through rapid growth, mergers and acquisitions, and IPOs. He has held several COO, CFO, and consulting positions in public and private companies, with a broad industry base and emphasis in alternative energy, manufacturing, travel and leisure, real estate, technology, and service companies, including Starwood Hotels Worldwide, Amtech Systems, and Integrated Information Systems. Mr. Biehl began his career as a CPA with KPMG and PricewaterhouseCoopers.

NAI also announced the relocation of its corporate headquarter from Toronto, Canada to Chandler, Arizona.

Peter Law, Chief Executive Officer, commented, “I am very pleased to have the opportunity of leading NAI into its next growth phase. We intend to make rapid progress in research and development of our NAI Fuel® leading to commercialization by the end of 2015. With the addition of Joe Biehl, we are confident in our ability to succeed.”

About Next Alternative Inc.

Next Alternative Inc. delivers innovative, alternative energy technology that reduces fuel and maintenance costs while significantly reducing harmful pollutants and greenhouse emissions. We emulsify heavy fuel oil and diesel fuel to create a significantly more efficient and cleaner burning fuel—NAI Fuel®. NAI Fuel®, depending upon the application, can achieve a reduction in fuel costs of up to 10%, a reduction in the harmful emissions in amounts of NOx ~ 58%, PM ~ 28%, and SOx~28%, and a reduction in greenhouse gases, CO2 ~28%.

“Introducing water into the combustion process by the use of emulsified fuels results in the generation of an enhanced “triple crown” of benefits: the reduction of emissions (NOX and PM), an increase in fuel efficiency, and the reduction of GHG (Greenhouse Gases).  As such, emulsified fuel technology is one of the most effective and cost-beneficial technologies available to accommodate future requirements for 1) hydrocarbon emission reductions, 2) energy efficiency enhancement and 3) GHG diminution.” (Power Magazine, February 2009).

 

Cautionary Note Regarding Forward-Looking Statements

Certain information contained in this press release is forward-looking in nature. All statements in this press release, or made by management of Next Alternative Inc. and its subsidiaries (“NAI”), other than statements of historical fact, are hereby identified as “forward-looking statements” (as such term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). In some cases, forward-looking statements can be identified by terminology such as “may,” “will,” “should,” “would,” “expects,” “plans,” “anticipates,” “intends,” “believes,” “estimates,” “predicts,” “potential,” “continue,” or the negative of these terms or other comparable terminology or our management are intended to identify such forward-looking statements.  Examples of forward-looking statements include statements regarding NAI’s future financial results, operating results, business strategies, projected costs, products under development, competitive positions, and plans and objectives of NAI and its management for future operations.  These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict.  Many important factors could affect the company’s future operating results and financial condition and could cause actual results to differ materially from historical results and expectations based on forward-looking statements made in this document or elsewhere by NAI or on its behalf.  Except as required by law, we undertake no obligation to publicly update forward-looking statements, whether as a result of new information, future events, or otherwise.

 

Contact Information:
Next Alternative Inc.
Joe Biehl
EVP & Chief Financial Officer
(480) 748-6906joe@next-alternative.com

Source: Next Alternative Inc.