Engineering News-Record-- Cites ``Biodiesel Is One of the Fastest-Growing Alternative Fuels''
SAN DIEGO--March 17, 2003--Article Also Covers Two Biodiesel Production Companies -- Smithfield
Foods Inc. and Green Star Products Inc.
Green Star Products Inc. (OTCBB:GSPI) announced today that McGraw-Hill Publications (Engineering News-Record March 17, 2003) (http://www.enr.com) in an article entitled "Green facilities transform veggies into diesel fuel" identifies that "Biodiesel is one of the fastest-growing alternative fuels because it is so easy to use."
The article also covers two biodiesel production companies who use unique processes to produce biodiesel. Smithfield Foods Inc. who are the largest Hog producers in the U.S. is planning a 4 million gallon per year biodiesel facility and American BioFuels Inc. which is 35% owned by GSPI (see press release Feb. 24, 2003) is currently assembling a 35 million gallon per year biodiesel facility in California using their proprietary continuous flow biodiesel production method.
For the complete article refer to GSPI's Web site http://www.baat.com/enrarticle.htm.
Green Star Products Inc. is organized as a holding company with major ownership positions in a set of subsidiary companies now commercializing advanced automotive and energy technology products. For more information, see GSPI's Web site at http://www.baat.com or call Investor Relations 619/409-8977, 619/409-9598 Fax, or email info@baat.com. Information about trading prices and volume can be obtained at several Internet sites including http://www.bloomberg.com under the ticker symbol "GSPI."
Forward-looking statements in the release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence on third-party suppliers, and other risks detailed from time to time in the Company's periodic filings with the Securities and Exchange Commission.