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Press Release Source: U.S. Sustainable Energy Corp.
U.S. Sustainable Energy Corp. Engages National Securities Corporation as Financial Advisor
Tuesday November 21, 9:26 am ET
National Securities to Act as Financial Advisor
NATCHEZ, MS--(MARKET WIRE)--Nov 21, 2006 -- U.S. Sustainable Energy Corp. (Other OTC:USSE.PK - News) (USSEC or the 'Company') is pleased to announce they have retained National Securities Corporation as a financial advisor.
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National Securities will (i) familiarize itself to the extent it deems appropriate and feasible with the business, operations, properties, financial condition and prospects of the Company; (ii) advise the Company's management in corporate finance, structuring the nature, extent and other parameters of any transaction; and (iii) evaluate financial matters and assist in financial arrangements and investment banking transactions, including assistance and advice with regard to maximization of shareholder value.
"We have been working closely with National Securities to find the best way for the Company to maximize shareholder value," said John Rivera, CEO of USSEC. "Their involvement will allow us to move forward with our development of the Natchez Facility with greater pace, which should bring revenue and earnings for the company much more expeditiously."
About National Securities Corporation
National Securities Corporation is a wholly owned subsidiary of National Holdings Corporation. National Securities Corporation provides securities brokerage and investment services in the United States. The company's brokerage services include execution of purchases and sales of stocks, bonds, mutual funds, annuities, and various other securities for individual and institutional customers. It also provides corporate finance and investment banking services, including underwriting the sale of securities to the public and arranging for the private placement of securities with investors. The company's corporate finance operations also provide a range of financial and corporate advisory services, including mergers and acquisitions, project financing, capital structure, and specific financing opportunities. In addition, it underwrites both equity securities and convertible corporate bonds as initial or secondary public offerings.
About U.S. Sustainable Energy
USSEC holds patent-pending technology for a new breakthrough biofuel and carbon-based fertilizer. USSEC has successfully demonstrated the most cost effective method of producing biofuel estimated at $.50/gallon according to exhaustive studies and independent Lab confirmation. The company has developed the process, units and catalyst that will transform agricultural biomass into biofuel and fertilizer. This technology offers a solution for foreign oil dependence, balancing industrial and agricultural concerns with environmental issues and stabilizing and eventually reversing global greenhouse gas emissions. USSEC's research and development has successfully demonstrated the core technology in its fully functional facility located in Port Gibson, MS. The company is currently pursuing fully scalable implementation and deployment at further locations. Unlike other biomass gasification, the USSEC process can operate at a variety of scale, converting even waste biomass into fuel and fertilizer. The fuel produced will ultimately be more valuable than ethanol or methanol, and the USSEC process can convert biomass materials at an efficiency that cannot be matched by currently planned operations. In addition, unlike virtually all other approaches for biomass to energy, which deplete soil nutrients, the USSEC process restores and enhances soil mineral and carbon content. As a direct result of this revolutionary approach to integrated energy and fertilizer production from biomass, the USSEC process effectively removes Greenhouse Gases from the atmosphere, and can do so profitably before the value of Green Certificates and Carbon Credits are considered.
For further information on the company, please visit
www.ussec.us.
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press release and some oral statements are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-Looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "anticipates," "intends," "plans," "expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future actions, which may be provided by management, are also forward-looking statements as defined by the Act. Forward-Looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and the Company has no specific intention to update these statements.