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[BOBETrade]

und wieder von O2 Diesel WKN 812963

NEWARK, DE, Feb. 23, 2005 (MARKET WIRE via COMTEX) -- O2Diesel Corporation (AMEX: OTD) today announced that its Brazilian subsidiary has secured an important distribution agreement in Brazil with ALE Combustives S/A (ALE), the country`s sixth largest fuel distributor.

Based in Belo Horizonte in the state of Minas Gerais, ALE has revenues in excess of US $1.15 billion and distributes fuel to Brazil`s center south, including the states of Sao Paulo, Rio de Janeiro and Parana. This agreement provides O2Diesel with blending and distribution capabilities in these major markets.

"ALE and O2Diesel have signed a cooperation agreement to jointly explore new opportunities in the fast growing market for alternative fuels," said Carlos Eduardo Garcia Cotta, the Commercial Director of ALE. "Brazil has a long tradition in the use of fuel ethanol starting in the early seventies and today has a seamless national ethanol distribution infrastructure. ALE sees great potential for O2Diesel(TM) fuel especially in the public transportation segment in large cities. By launching the ecological fuel O2Diesel(TM), ALE will offer another innovative technology in the Brazilian market. This will help ALE increase its sales to large transportation companies and strengthen ALE`s image as a quality leader and environmentally and socially responsible company."

"This distribution agreement is an important milestone in the commercialization of O2Diesel(TM) in the Brazilian market," said Alan Rae, O2Diesel`s President and CEO. "Like most countries, Brazil relies heavily on diesel fuel for the transportation of people and goods, and it is our opinion that there are strong environmental and economic reasons as to why O2Diesel(TM) can play an important role in Brazil`s growing diesel fuel market."

More about O2Diesel: The Company and Its Fuel Technology.

O2Diesel Corporation (AMEX: OTD) is a pioneer in the commercial development of a cleaner-burning diesel fuel alternative that provides exceptional performance and environmental qualities for centrally fueled fleets and off-road equipment of all kinds. Engineered and designed for universal application, O2Diesel(TM) is an ethanol-diesel blend that substantially reduces harmful emissions without sacrificing power and performance. Extensive independent and government-recognized laboratory and in-use field tests have demonstrated the effectiveness of O2Diesel(TM) -- the introduction of this cost-effective, cleaner-burning diesel fuel is now underway in the United States and other global markets. For more information please refer to www.o2diesel.com.

Forward-Looking Statements

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding O2Diesel Corp`s business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company`s Annual Report or Form 10-K for the most recently ended fiscal year. "O2Diesel" is a trademark of O2Diesel Corp.

COMPANY CONTACT:
Alan Rae
President & CEO
O2Diesel Corporation
302-266-6000
[e-mail]

SOURCE: O2Diesel Corporation

http://phoenix.corporate-ir.net/phoenix.zhtml?c=143822&p=iro…

[rich59]

hätte die Nachricht nicht später kommen können
mein depot ist noch nicht eröffnet

[Hobbytrader1968]

Pech - ich bin dabei