BOISE, ID -- 11/24/09 --
Alternate Energy Holdings, Inc. (PINKSHEETS: AEHI): Supportive speakers outnumbered opponents 2 to 1 overall at AEHI's
Comprehensive Plan amendment application hearing in Payette County, Idaho
for the development of a nuclear power plant November 19th. The ratio was
closer to 3 to 1 in favor after discounting the usual anti-nuclear groups
from around the state who have no vested interest in the county. Supporters
included mayors, mayor-elects and city council members of county towns as
well as some of the larger business owners in the area.
Don Gillispie, AEHI Chairman and CEO, said, " We have much to be thankful
this year at AEHI including significant progress at our nuclear sites in
Idaho and Colorado; the start of construction on our first Energy Neutral
house; our new office in Beijing and related new MOUs; and a new project
office in Seoul working with the Koreans to import their advanced reactor
to the US.
"Many large investors and financial organizations have been watching our
progress and have clearly indicated local nuclear site approval will be key
to their participation," said Gillispie.
Happy Thanksgiving to our supporters and investors from AEHI. We feel truly
blessed.
About Alternate Energy Holdings, Inc. (www.alternateenergyholdings.com)
Alternate Energy Holdings develops and markets innovative clean energy
sources. The company is the nation's only publicly traded independent
nuclear power plant developer willing to build power plants in non-nuclear
states. Other projects include, Energy Neutral which removes energy demands
from homes and businesses (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. Also, 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.
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