updated 11/11/2010 9:45:59 AM ET 2010-11-11T14:45:59

BOISE, Idaho, Nov. 11, 2010 (GLOBE NEWSWIRE) -- Don Gillispie, CEO of Eagle, Idaho-based Alternate Energy Holdings, Inc. (OTCQB:AEHI) ( http://www.aehipower.com ) has been invited to speak as an industry expert at the Platts 7th annual Nuclear Energy conference in Bethesda, MD, February 16-18, 2011.

As Platts describes it, the, "Nuclear Energy conference is the leading forum for a strategic view of nuclear energy in North America, featuring the major players and experienced voices in the nuclear industry." ( http://www.platts.com/ConferenceDetail/2011/pc109/index ) This year's conference will cover the rapid growth of nuclear energy around the world, and explore how the United States can catch up. Sessions will delve into such details as reactor designs and financing schemes that can speed progress in the industry.

In his February 17 panel, Gillispie will talk about the cost advantages of nuclear power compared to other forms of energy and explain how his company, AEHI, is working toward building a large dual-reactor nuclear power plant in Payette County, Idaho. "My message will be that nuclear power is a clear winner compared to solar, wind, and other thermal sources, making it an attractive to both large power users and investors. It is also important to let the industry know how AEHI is getting this plant locally approved and funded, so that other companies can begin following the unique model to help expand nuclear plants in the U.S. again," says Gillispie, a 45-year veteran of the industry.

Gillispie will also describe how nuclear power can solve a growing world crisis - scarcity of clean water - with nuclear-powered desalination plants. AEHI's Green World Water(TM) ( www.greenworld-h2o.com ) subsidiary is already marketing such systems, produced by China National Nuclear Corporation, through a new office in West Africa and other interested countries.

"I hope that this conference will show that the U.S. is once again on the path to a cleaner, safer, nuclear-powered future," Gillispie says.

About Alternate Energy Holdings, Inc. (http://www.aehipower.com) -- 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 (http://www.EnergyNeutralinc.com) Colorado Energy Park (nuclear and solar generation), and Green World Water(TM), which assists developing countries with nuclear reactors for power generation (http://www.GreenWorld-H2O.com), 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

Safe Harbor Statement: This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The words "believe," "expect," "anticipate," "project," "target," "optimistic," "intend," "aim," "will" or similar expressions are intended to identify forward-looking statements. Such statements include, among others, those concerning our expected financial performance and strategic and operational plans, as well as all assumptions, expectations, predictions, intentions or beliefs about future events, including our ability to list on a national securities exchange. These statements are based on the beliefs of our management as well as assumptions made by and information currently available to us and reflect our current view concerning future events. As such, they are subject to risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, among many others: our significant operating losses; our limited operating history; uncertainty of capital resources; the speculative nature of our business; our ability to successfully implement new strategies; present and possible future governmental regulations; operating hazards; competition; the loss of key personnel; any of the factors in the "Risk Factors" section of our Annual Report on Form 10-K for the most recently completed fiscal year; and any statements of assumptions underlying any of the foregoing. You should also carefully review the reports that we file with the SEC. We assume no obligation, and do not intend, to update these forward-looking statements, except as required by law.

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