BOISE, Idaho, Oct. 19, 2010 (GLOBE NEWSWIRE) -- Alternate Energy Holdings, Inc. (OTCQB:AEHI), an Eagle-based company with ambitious plans for new nuclear power plants, nuclear desalination systems and Energy Neutral™ homes, has launched a comprehensive new website ().
"We believe we have a great story for customers, investors and anyone interested in energy," says AEHI CEO Don Gillispie. "Our new website enables us to do a better job telling that story."
The main message: The best source of power for tomorrow's world is the power than comes from the atom. "Compared to everything else, nuclear is the clear winner," Gillispie explains in an editorial on the new website. "Not only do nuclear plants produce safe, clean and inexpensive electricity, they are also a solution to another one of the world's problems—clean water—because they are the best source of power for desalination plants."
The website also explains why AEHI is one of the leaders in the expected nuclear renaissance. Many big utilities are holding back because of worries about the cost of new nuclear plants. But Gillispie and AEHI present compelling data showing that high price tags are a myth. "Nuclear power is a bargain compared to wind and solar, and it even beats new coal, our current baseload source in the U.S.," says Gillispie, a 45-year veteran of the nuclear industry.
That's why AEHI is forging ahead with plans to build two large nuclear plants in Payette County, Idaho. A video on the website offers a tour of the site, along with information about the many jobs created and the revenue the company expects. "This project will prove to the country—and to our investors—that building new nuclear plants is a good business to be in," Gillispie says.
Investors and customers can also learn the details of other AEHI's projects. The company is working on plans with Hyperion Power (), a startup spun out of Los Alamos National Laboratory, to build and market mini nuclear reactors that are small enough to be used in a ship and powerful enough to supply electricity to a small city. AEHI's Green World Water (TM) () subsidiary is marketing nuclear powered desalination plants supplied by China National Nuclear Corporation with a new office in Nigeria and interest from many countries. And visitors to the website can take a video tour of the home that makes its own energy built by AEHI's Energy Neutral™ () subsidiary.
Want to know more? The website offers blogs and a forum for discussion, as well as way to directly contact the company. "Please visit the site," Gillispie says. "I think you'll be impressed by the story we have to tell."
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
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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