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AEHI Offers Nuclear Desalination Systems to Pakistani Flood Victims

BOISE, Idaho, Sept. 28, 2010 (GLOBE NEWSWIRE) -- Don Gillispie, CEO of Idaho-based Alternate Energy Holdings, Inc. (OTCBB:AEHI) (www.aehipower.com), has offered his company's commercial nuclear desalination systems to help Pakistan's flood victims at cost. In a letter to Pakistan President Asif Ali Zardari and Prime Minister Yousaf Raza Gillani, Gillispie stated that Green World Water (www.greenworld-h2o.com), an AEHI subsidiary that specializes in nuclear desalination systems, could assist in providing clean fresh water to the Pakistani flood victims.
/ Source: GlobeNewswire

BOISE, Idaho, Sept. 28, 2010 (GLOBE NEWSWIRE) -- Don Gillispie, CEO of Idaho-based Alternate Energy Holdings, Inc. (OTCBB:AEHI) (), has offered his company's commercial nuclear desalination systems to help Pakistan's flood victims at cost. In a letter to Pakistan President Asif Ali Zardari and Prime Minister Yousaf Raza Gillani, Gillispie stated that Green World Water (), an AEHI subsidiary that specializes in nuclear desalination systems, could assist in providing clean fresh water to the Pakistani flood victims.

Gillispie was later contacted by Mr. Zahid Chaudhri, the Head of Chancellery, at the Pakistan Embassy to discuss the initial details concerning the AEHI offer, which Gillispie says would create long-term solutions to clean water and energy in Pakistan.

"To show our dedication to Pakistan's rebirth we would like to offer a reduced price on our services," Gillispie's letter stated. Green World Water assists developing countries with nuclear reactors for the production of potable water and power generation. A copy of the AEHI letter was also sent to the U.S. Ambassador in Pakistan.

Gillispie's letter comes on the heels of news from the International aid agency Oxfam () that warns of a public health catastrophe in flood-ravaged Pakistan. Oxfam recently stated that the number of cases from acute diarrhea, skin diseases, acute respiratory infections and suspected malaria due to the clean water crisis have more than tripled. The aid agency also stated that just 30 percent of the money needed for water has been received from the United Nations.

In his letter Gillispie stated, "We can also offer unmatched financing options that will help Pakistan replace what has been taken, while creating a foundation for future success in government, industry and the people who rely on Pakistan for power and clean water."

The products and financing options are made available through AEHI's partnership with China National Nuclear Corporation (CNNC).

"We feel a responsibility to global health and more specifically to the Pakistani people suffering during this turbulent time," Gillispie wrote. "We would humbly request the opportunity to make a difference in Pakistan – creating a future focused on clean water and abundant energy for your country."

About Alternate Energy Holdings, Inc. () -- Alternate Energy Holdings develops and markets innovative clean energy sources. The company is the nation's only independent nuclear power plant developer seeking to build new power plants in multiple non-nuclear states. Other projects include Energy Neutral(TM), which removes energy demands from homes and businesses () Colorado Energy Park (nuclear and solar generation), and Green World Water(TM), which assists developing countries with nuclear reactors for power generation (), production of potable water and other suitable applications. AEHI China, headquartered in Beijing, develops joint ventures to produce nuclear plant components and consults on nuclear power.  

The Alternate Energy Holdings, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=8058

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CONTACT: Crescendo Communications, LLC Investor Relations Firm: David K. Waldman John J. Quirk (212) 671-1020 aehi@crescendo-ir.com Alternate Energy Holdings, Inc. Media: Dan Hamilton (208) 914-8894