Refuel America, Inc
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HISTORY

ReFuel America, Inc. is a US subsidiary of publicly-listed NewGen Technologies, Inc. (OTCBB: NWGN.OB) focused on providing advanced fuels with increased performance and decreased harmful emissions for all petroleum engine use.

NewGen's "ReFuel America" subsidiary is a biofuel production and distribution company engaged in the development of fuel technology which can increase an automobile's miles per gallon while providing cleaner fuel emissions by changing the property of fuel to allow more complete combustion.

ReFuel intends to utilize its patent pending technology to produce the following fuel products, which it plans to distribute in both the wholesale and retail segments of the fuel marketplace:

  • Ethanol - fuel ethanol is a clean-burning, high-octane fuel that is produced from renewable sources. At its most basic, ethanol is grain alcohol, produced from crops such as corn.

  • E10 - a combination of gasoline and anywhere from 5 to 10% ethanol based upon a customer's fuel specifications

  • E85 - a blend of 85% fuel ethanol and 15% gasoline

  • Biodiesel - fuel comprised of mono-alkyl esters of long chain fatty acids derived from oils or fats, designated B100, and meeting the requirements of ASTM D6751.

  • B20 - a blend of 20% biodiesel and 80% conventional diesel

  • Premium Diesel - conventional diesel enhanced by ReFuel's technology

  • E-Diesel - a combination of up to 10% ethanol and conventional diesel

Refuel America's fuels are being introduced to consumers and wholesale customers initially in the Southeast United States market. To launch the US operations Refuel has partnered with major petroleum companies in the US to utilize their many years of industry experience, operational expertise, brand recognition and history of selling traditional fuels.

Targeted acquisitions and other strategic alliances will allow Refuel America to build on this base, offering branded alternative fuels at retail and to commercial and government fleets. ReFuel intends to continue seeking acquisitions and partnerships to strengthen its portfolio in premium conventional and alternative fuels development, production, distribution, and sales. Refuel plans to rapidly expand throughout the US with acquisition or construction of additional fuel production, distribution, wholesale and retail fuel assets. By utilizing successful distribution networks, Refuel America obtains secure revenue streams while building brand recognition for its unique biofuels.

While the US business has sizable potential, it represents only the initial launch for Refuel America and NewGen Technologies. The company has business strategies and resources geared for global expansion with an initial focus on Europe, South America, and China.

Refuel America combines proprietary technology, fuel formulations and a management team with over 100 years of international corporate, petroleum and entrepreneurial experience. This creates a unique business with tremendous growth potential in a market that is at its tipping point. ReFuel intends to continue development of its technology to diversify its product offerings.

Further information is available at the NewGen Technologies website - www.nwgntech.com

© Copyright 2005 Refuel America, Inc. All rights reserved