Methes Energies Inc. - Company News & Media

New York, July 31, 2008 – Methes Energies International Ltd. announced today that its wholly-owned subsidiary, Methes Energies Canada Inc., has received its first order for “pipe-to-pipe” options on two (2) Denami 600 biodiesel processors. On July 31st, 2008, Methes Energies entered into a sale and licensing agreement with Noroxel Energy Ltd. for the sale of two Denami 600 biodiesel processors with a combined production capacity of 10 million liters (2.6 million gallons) of biodiesel per year. The price of the transaction is $ 1,459,000.00 CDN dollars.
The sale and licensing agreement is conditional upon the signed approval of an agreement between Noroxel Energy Ltd. and the Canadian Government’s ecoAgriculture Biofuels Capital initiative (ecoABC) program. This agreement is expected to be approved and set in motion over the next few weeks. This program was established by the Canadian federal government to encourage the participation of agricultural producers in the production of biofuels from agricultural feedstocks.
“After several months of planning, we are happy to finally move forward with Methes Energies. The Methes team has been working with us every step of the way and their support has been outstanding. In fact, our main reason for choosing them is their unconditional support and assistance in making our business a success”, said Gary van Leeuwen, President of Noroxel Energy Ltd.
Mr. Michel G. Laporte, President of Methes Energies International Ltd., added, “This has truly been an exciting process over the last few months and we now look forward to help Noroxel with the setup of their plant. People are realizing that Methes is not just about manufacturing biodiesel processors and producing biodiesel; it is about being involved in every aspect of our clients’ biodiesel business to ensure that they are successful. I congratulate Noroxel and welcome them to the Methes family”.
Noroxel Energy Ltd. is located in Tillsonburg, Ontario, Canada

About Methes Energies International Ltd. (“Methes International”)
Through its two wholly-owned subsidiaries - Methes Energies Canada Inc. and Methes Energies USA Ltd. - Methes Energies International Ltd. stands as a leader in the biodiesel arena with its innovative and efficient processes that are delivered to its clientele in easy turn-key solutions. These biodiesel solutions are designed for heavy users of biodiesel and diesel fuels, traditional diesel and biodiesel fuel distributors, large scale biodiesel producers, as well as entrepreneurs seeking the independence of producing their own fuel.

In 2007, Methes Energy Inc. introduced the Denami 600. This state-of-the-art design is the industry’s first compact, fully automated continuous flow biodiesel processor that offers the flexibility of using a wide variety of feedstock options. We believe that the Denami 600 positions itself as the most reliable and cost effective method of producing quality top grade B100 biodiesel fuel, which meets or exceeds current ASTM standards. The Denami 600 can produce a total of 1.3 million gallons (5 million liters) per year. Additionally, the Denami 600 is one of the only commercially available fully automated compact units on the market today. Finally, Methes Energies provides its customers with an efficiency of scale, reliability and independence from the traditional petroleum business sector. More information can be found at www.methes.com.

Forward-looking Statements: This news release contains forward-looking statements related to the future financial condition and results of operations of Methes. These statements are based on current expectations and estimates about the biodiesel markets and industry in which Methes operates and management's beliefs and assumptions regarding these markets. These statements are subject to important risks and uncertainties which are difficult to predict and assumptions which may prove to be inaccurate. Some of the factors which could cause results or events to differ materially from current expectations include but are not limited to: general economic conditions, market or business conditions; changing competitive environment; changing regulatory conditions or requirements; changing technology; and success in implementing productivity initiatives. Some of these factors are largely beyond the control of Methes. Should any factor impact Methes in an unexpected manner, or should assumptions underlying the forward-looking statements prove incorrect, the actual results or events may differ materially from the results or events predicted. All of the forward-looking statements made in this document are qualified by these cautionary statements, and there can be no assurance that the results or developments anticipated by Methes will be realized or, even if substantially realized, that they will have the expected consequences for Methes. Readers should not place undue reliance on any forward-looking statements. Further, Methes disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or any other occurrence.