EAGLE, Idaho, June 3, 2010 (GLOBE NEWSWIRE) -- Alternate Energy Holdings, Inc. (OTCQB:AEHI) today announced the creation and hiring of two key positions. The National Director of Energy Neutral™ has been filled by Kelly Cross, who currently holds the managing position of News Director for KTRV Fox12 in Boise, Idaho. His experience focuses largely on branding and marketing of new products, which is an excellent and welcome combination in promoting Energy Neutral™ products and franchises.
Chad Walker has accepted the position of Green World Water™ manager and will be responsible for promotion and sales of AEHI's latest investment in nuclear desalinization reactors. Walker's extensive military background and experience in advanced training and facilities management, combined with an upcoming Masters in Public Administration, makes him a perfect candidate.
"These two men are the perfect additions to AEHI. Both positions are extremely important to our success, because as AEHI subsidiaries, Energy Neutral™ and Green World Water™ are already proving extremely important and are expected to become key sources of revenue for the company within a year. So their future success is critical and I know these men have the ability to make that happen," said Don Gillispie, AEHI CEO.
About Energy Neutral™ (http://www.energyneutralinc.com) -- A subsidiary of AEHI, Energy Neutral™ plays a key role in promoting responsible and affordable renewable sources of energy. The company demonstrated this ability by building a home in Eagle, Idaho, which creates more power than it consumes. Importantly, the home was built for the same cost as traditional homes in the area, about $100 per square foot. It is the goal of Energy Neutral™ to build homes around the globe, which offer built-in renewable sources of power at an affordable cost to typical homebuyers. The company also offers franchise opportunities, and can even retrofit existing homes and businesses with renewable options that will greatly reduce, if not eliminate, the cost of electricity.
About Green World Water™ -- A subsidiary of AEHI, Green World Water™ is targeting the need for clean, potable water around the world. In creating the company, AEHI recently signed a contract with China National Nuclear Corporation (CNNC) to produce the world's first commercially available nuclear desalinization reactor. Since the original announcement in May 2010, Green World Water™ has already been approached by several countries that want ocean water desalinated and pumped to remote areas for business, agriculture and other critical needs. Green World Water™ can affordably provide these solutions by using a nuclear reactor to desalinate water and generate the necessary electrical power to pump the water hundreds of miles inland.
About Alternate Energy Holdings, Inc. (http://www.alternateenergyholdings.com) -- Alternate Energy Holdings develops and markets innovative clean energy sources. The company is the nation's only independent nuclear power plant developer seeking to build new power plants in multiple non-nuclear states. Other projects include Energy Neutral™, which removes energy demands from homes and businesses (http://www.energyneutralinc.com/), Colorado Energy Park (nuclear and solar generation), and International Reactors, which assists developing countries with nuclear reactors for power generation, production of potable water and other suitable applications. AEHI China, headquartered in Beijing, develops joint ventures to produce nuclear plant components and consults on nuclear power.
"Safe Harbor" Statement: This press release may contain certain forward-looking statements within the meaning of Sections 27A & 21E of the amended Securities and Exchange Acts of 1933-34, which are intended to be covered by the safe harbors created thereby. Although AEHI believes that the assumptions underlying the forward-looking statements contained herein are reasonable, there can be no assurance that these statements included in this press release will prove accurate. As a result, investors should not place undue reliance on these forward-looking statements.