Alter Nrg Corp. announces sale of Plasma Gasification technology

    TSXV - NRG

    CALGARY, Jan. 14 /CNW/ - Alter Nrg Corp. (Alter Nrg or the Company) is
pleased to announce that it has completed a sale of Plasma Gasification
technology, valued at approximately $2 million, through its wholly owned
subsidiary Westinghouse Plasma Corporation (WPC).
    Alter Nrg has received an order from Kiplasma Industries and Trade Inc.
of Istanbul Turkey for the supply of four (4) Marc 3A plasma torch systems and
the engineering design of the Plasma Gasification reactor. The equipment and
design will be used to process 144 tons/day of common hazardous waste
materials for the production of electricity. WPC is expecting to ship the
plasma torch systems for this order in the second half of 2008 and the
facility is expected to begin commercial operation in the fourth quarter of
    This sale represents the fifth commercial scale Plasma Gasification
facility using the WPC Plasma Gasification technology. Currently, two
facilities have been operating in Japan using the WPC technology since 2002
and 2003 processing waste into power and steam. Two facilities are currently
under construction in India that will process hazardous waste into power. This
sale of technology, along with 7 publicly announced projects using the Alter
Nrg/WPC technology and over 25 additional projects under development,
illustrates the growing demand for plasma gasification technology.


    Alter is pursuing alternative energy solutions to meet the growing demand
for environmentally responsible energy in world markets. The Company's vision
is to become a North American leader in the development of innovative
gasification projects for the commercial production of energy. The Company's
objective for the next decade is to utilize our commercially proven plasma
gasification technology to become a senior energy producer of hydrogen,
syngas, and transportation fuels (diesel, naphtha, ethanol, etc.), steam and
electricity, all of which are fundamental products for the world's growing
energy needs.

    The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this release.

    Advisory Respecting Forward-Looking Statements:

    This news release contains certain forward-looking information and
statements within the meaning of applicable securities laws. The use of any of
the words "expect", "anticipate", "continue", "estimate", "objective",
"ongoing", "may", "will", "project", "should", "believe", "plans", "intends",
"confident", "might" and similar expressions are intended to identify
forward-looking information or statements. In particular, but without limiting
the foregoing, this news release contains forward-looking information and
statements pertaining to the following: currency exchange rate fluctuations;
environmental risks; ability to finance; risk of obtaining regulatory
approvals; engineering and design risk; fluctuation in commodity prices and
other expectations, beliefs, plans, goals, objectives, assumptions,
information and statements about possible future events, conditions, results
of operations or performance. Various assumptions were used in drawing the
conclusions or making the projections contained in the forward-looking
statements throughout this news release.
    The Company cautions that the foregoing list of assumptions, risks and
uncertainties is not exhaustive. The forward-looking information and
statements contained in this news release speak only as of the date of this
news release, and the Company assumes no obligation to publicly update or
revise them to reflect new events or circumstances, except as may be required
pursuant to applicable securities laws.

For further information:

For further information: Mark Montemurro, President and Chief Executive
Officer, (403) 806-3877,; Daniel Hay, Chief Financial
Officer, (403) 806-3881,; Investor Relations, (403) 806-3875,

Organization Profile

Alter NRG Corp.

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