updated 3/7/2011 9:16:14 AM ET 2011-03-07T14:16:14

BOISE, Idaho, March 7, 2011 (GLOBE NEWSWIRE) -- Alternate Energy Holdings, Inc. (OTCQB:AEHI) (www.aehipower.com) announced today that AEHI CEO Don Gillispie will be a featured panelist at the Global New Energy Summit, which is scheduled for April 17-19, 2011 at the Broadmoor in Colorado Springs, Colorado.

Some of the key speakers at the Summit include Ken Salazar, U.S. Secretary of the Interior and former Colorado Governor Bill Ritter, who was named the "Greenest Governor in America".

Gillispie will join a panel of energy experts to discuss the integration of renewable energy sources. The other two panelists include Sunil Cherian, CEO Spirae, Inc. and Bryan J. Hannegan, VP of Environment and Renewables at the Electric Power Research Institute.

"This is a great honor for me to speak on this subject. In my career I have been involved with power sources ranging from nuclear to wind and solar, so it is a subject I know very well. It is also an issue I deal with at AEHI. We promote nuclear power as a clean base load power source and as a method of desalinating water, but we also work with renewables in building homes, so integration is a very important issue," said Gillispie. 

The Global New Energy Summit ( http://gnes.rmtech.org ) is an annual global event with leaders from science, industry, policy and finance to discuss a broad range of topics that address critical energy issues. GNES continues to attract some of the most influential names in energy.

The agenda for the Summit is available at http://gnes.rmtech.org/Agenda.php .

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; Idaho Energy Complex is the lead project. Other business units include Energy Neutral(R), which reduces energy demands for homes and businesses (http://www.energyneutralinc.com) and Green World Water(TM), which assists developing countries with nuclear reactors for production of potable water, power generation and other suitable applications (http://www.greenworld-h2o.com).

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.
 

CONTACT: Investor Relations Firm:
         Stephen D. Axelrod, CFA
         Wolfe Axelrod Weinberger Associates, LLC.
         317 Madison Avenue, Suite 515
         New York, NY 10017
         Tel: 212-370-4500
         E-mail: steve@wolfeaxelrod.com
         
         Media:
         Dan Hamilton
         Director of Corporate Communications
         Alternate Energy Holdings, Inc.
         Tel: (208) 939-9311
         E-mail: dan@aehipower.com

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