Perihelion Global Management and State, County and City Government
Officials will be available for questions from the Media or the
Public.
About Perihelion Global:
Perihelion Global focuses on the acquisition, development and
management of technologies, strategic commodity reserves and assets
in the energy, natural resource and communications markets. Perihelion's
management team specializes in providing solutions for the strategic
challenges of 21st Century. We lead with decades of experience
in environments that are mission critical in today's global marketplace.
Website: www.perihelion.com
The Market News First logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=3162
The City of Opp, Alabama logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=3217
The Covington County, Alabama logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=3218
Caution Regarding Forward-Looking Statements
This press release contains historical information as well as
forward-looking statements that are based upon our estimates and
anticipation of future events that are subject to certain risks
and uncertainties that could cause actual results to vary materially
from the expected results described in the forward-looking statements.
The words "anticipate," "believe," "estimate,"
"expect," "hopeful," "intend," "may,"
"optimistic," "preliminary," "project,"
"should," "will," and similar expressions
are intended to identify these forward-looking statements. There
are numerous important factors that could cause our actual results
to differ materially from those in the forward-looking statements.
Thus, sentences and phrases that we use to convey our view of
future events and trends are expressly designated as Forward-Looking
Statements as are sections of this news release clearly identified
as giving our outlook on future business.
These forward-looking statements are subject to significant risks,
assumptions and uncertainties, including, among other things,
the following important factors that could affect the actual outcome
of future events:
* General economic conditions, either nationally or in our market
area, that are worse than expected;
* regulatory and legislative actions or decisions that adversely
affect our business plans or operations;
* price competition;
* inflation and changes in the securities markets that adversely
affect the fair value of our operations; and
* changes in our organization, compensation and benefit plans.
We wish to caution readers not to place undue reliance on any
such forward-looking statements, which speak only as of the date
made, and wish to advise readers that the factors listed above
could affect our financial performance and could cause actual
results for future periods to differ materially from any opinions
or statements expressed with respect to future periods in any
current statements. We do not undertake and specifically decline
any obligation to publicly release the result of any revisions
that may be made to any forward-looking statements to reflect
events or circumstances after the date of such statements or to
reflect the occurrence of anticipated or unanticipated events.
CONTACT: Perihelion Global
John H. Beebe, Chairman, Chief Executive Officer & President
(866) 748-7610 (Toll Free) ext. 719
john@perihelion.com
Robert H. Boothe, Jr., Government & Public Relations
(866) 748-7610 ext. 704
rboothe@perihelion.com
www.wopp.com
City of Opp, Alabama
Mayor H.D. Edgar
(334) 493-4572
hdedgar@oppcatv.com
Covington County Economic Development Commission
Richard T. "Tucson" Roberts, President & CEO
(334) 222-7040
ccedc@alaweb.com
www.southalabamaed.com
MN1 NewsWire
Angela Junell
(214) 461-3411
ajunell@MN1.com
OPP,
Ala. and SANTA ROSA BEACH, Fla., Jan. 17, 2007 (PRIME NEWSWIRE)
(PRIMEZONE) -- Perihelion Global (Pink Sheets:PHGI) and the
City of Opp, Alabama; The Covington County Board of County
Commissioners; Covington County Economic Development Commission
and The State of Alabama jointly announce the Official Ground
Breaking of Perihelion Global's Bio Fuel Refinery locating
in Opp, Alabama on Monday, January 29, 2007 in the Opp Industrial
Park at 10:00AM CST.The Ground Breaking will formally launch
construction of Perihelion's Bio-Fuel Refinery which will
be the largest Bio-Fuel Refinery in North America using peanuts
as the primary stock and will also be the 3rd largest Bio-Fuel
Refinery in North America overall.