HOUSTON -- Safe Renewables Corporation has expanded its Texas sales and marketing capabilities with the acquisition of the marketing and retail distribution operations of Austin Biofuels LLC.



"This new venture is part of our broad initiative to extend SRC's reach in major markets, and to provide added outlets for SRC's growing biodiesel production output," said Keith Forman, SRC's CEO.



Austin Biofuels is a leading Texas-based marketer of biodiesel focused on the transportation sector. The two companies have worked together for several years in biodiesel production and marketing.



As of December 2006, Austin Biofuels founders and principals Jeff Plowman, Kurt Lyell and Robby Plenge will officially join the Safe Renewables sales and marketing team.



Safe Renewables Corporation (SRC) is emerging as one of the leading biodiesel producers and marketers in North America - a major enabler of the green energy revolution. SRC produces biodiesel from soy, cottonseed and canola oil, and from animal fats. It applies the best technology to ensure consistent, high fuel quality meeting ASTM (American Society for Testing and Materials) standards. SRC is currently focused on supplying biodiesel to the transportation and power generation markets.



SOURCE: Safe Renewables Corp. via Business Wire.