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AE Biofuels, Inc.

AE Biofuels Announces Key Management Appointments

Published in Healthcare Finance, Tax and Law Weekly, July 16th, 2008

AE Biofuels, Inc., (OTCBB:AEBF), a vertically integrated biofuels company, announced the appointment of Parkash Ahuja as Chief Operating Officer. Andy Foster has been promoted to President and Chief Operating Officer of American Ethanol, the ethanol subsidiary of AE Biofuels, where he will lead the commercialization of the company's patent-pending cellulosic ethanol technology. Scott Janssen has been appointed Senior Vice President of Finance, Todd Waltz joins the company as Controller, and Todd Capser has been promoted to Vice President of Project Development for cellulosic ethanol projects.

In announcing the new positions, Eric McAfee, Chairman and CEO of AE Biofuels,...

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