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Company Determines That
Pacific Northwest U.S. Presents Unique Expansion Opportunities
IRVINE, CA--(MARKET WIRE)--Nov 20, 2006 --
BlueFire Ethanol Fuels, Inc.'s (Other OTC:BFRE.PK - News) CEO and
President Arnold R. Klann announced today that BlueFire Ethanol was
invited to the Northwest Energy Angels Investment Forum and
presented its technology and deployment plans to business leaders
in the Pacific Northwest, who provide investment capital, strategic
advice and mentoring to early-stage companies or companies
embarking on major expansion efforts to help them achieve market
leadership.
With focus on the energy industry, the
Northwest Energy Angels(TM) is a membership organization of
successful entrepreneurs, venture capital firms, members of other
angel groups, and other business leaders in the Pacific Northwest.
BlueFire was selected to present to its membership on November 9,
2006. The Northwest Energy Angels(TM) is a program of the Northwest
Energy Technology Collaborative (NWETC), a joint effort of industry
and government, working together to accelerate the emergence and
growth of the energy technology industry in the Pacific Northwest
region of North America. NWETC spans five U.S. states (Washington,
Oregon, Idaho, Alaska, Montana) and two Canadian provinces (B.C.
and Alberta).
"We are pleased to have been invited to
present BlueFire's business opportunities to a group committed to
support the development of sustainable economic businesses in the
Pacific Northwest," stated Mr. Klann. "The Northwest has extensive
logging and agricultural industries and a growing ethanol market
making the region a good candidate for cellulose to ethanol
production. The region could transition to becoming a global leader
in cellulose to ethanol production utilizing its existing biomass
supply infrastructure. We believe that BlueFire's proven technology
is ideal for various joint ventures and financing opportunities as
the region transitions to the forefront of the cellulose to ethanol
industry."
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