AlgoDyne's X-Raid Team Celebrates A Podium Finish at the Guy Hoget Rally of Morocco

LAS VEGAS--AlgoDyne Ethanol Energy Corp. (“AlgoDyne” or the “Company”) (OTCBB:ADYN) is excited to celebrate with its X-Raid Team a podium finish at the 2007 Guy Hoget Rally of Morocco.

The X-Raid Team is an AlgoDyne sponsored racing team; in this race, powering two BMW X3CC racing vehicles. The team held fourth place on the opening leg of the race and Qatar's Nasser Saleh Al-Attiyah and French co-driver Alain Guehennec pushed their BMW X3CC to within 1m46s of the final podium on day one. By day two, AlgoDyne's X-Raid Team set the third fastest time of the race.

Making daily adjustments to navigation and tire wear, the team placed solidly in third with two stages remaining. “Al-Attiyah was the fastest driver in the entire field at the 52 km point of day three's special. This placing emphasizes the potential of the BMW X3CC and we are very pleased with its performance,” says Richard von Raffay, President.

After the final leg of the race the AlgoDyne X-Raid Team finished third over-all to capture a podium place and delighted team supporters and fans with their performance. “Our driver was quicker than anybody else in the race, once we get past tire punctures and small details, our car outperforms any of our competitors and I join the many fans in looking forward to success in the UAE Desert Challenge,” adds von Raffay.

The AlgoDyne X-Raid Team will continue their build up to the 2008 Dakar Rally with a test and development session near Erfoud Morocco next week. The Trebur-based team will then enter two or three cars in the forthcoming UAE Desert Challenge, the final round of the 2007 FIA Cross Country Rally World Cup, at the end of October.

About AlgoDyne Ethanol Energy Corp.

AlgoDyne is a corporation committed to developing initiatives in eco-energy world wide. Its focus is to create a portfolio of three primary activities (raw materials, wholesale/manufacturing, and retail) in the ethanol and biodiesel industries.

Legal 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. Such forward-looking statements include, among others, the expectation and/or claim, as applicable, that: (i) the Company anticipates it will have access to a broad range of equipment, products and accessories and intends to offer these products through a new e-commerce solution and sales force, with the first market being in Canada and soon, expansion internationally; (ii) the Company is committed to developing initiatives in eco-energy world-wide; (iii) the Company's focus is to create a portfolio of three primary activities in the ethanol and biodiesel industries; and (iv) the Company anticipates that its business plan will be fully engaged in all sectors of its strategic plan by Q4 of 2007.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others: (i) the risk that the Company does not execute its business plan; (ii) the inability of the Company to keep pace with technological advancements in the field of eco-energy, including the ethanol and biodiesel industries; (iii) the Company's inability to adequately protect its intellectual property or the Company's inadvertent infringement of third party intellectual property; (iv) the Company not being able to retain key employees; (v) competitors providing better or cheaper products and technologies; (vi) markets for the Company's products not developing as expected; (vii) the Company's inability to finance its operations or growth; (viii) inability to obtain all necessary government and regulatory approvals; and (ix) the inability to effectively market and commercialize the Company's technologies, including the establishment of viable relationships with third parties. These forward-looking statements are made as of the date of this news release and the Company 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 the Company 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 the Company's periodic reports filed from time-to-time with the Securities and Exchange Commission and available at www.sec.gov.