BOISE, Idaho, March 17, 2011 (GLOBE NEWSWIRE) -- Alternate Energy Holdings, Inc. (OTCQB:AEHI) () announced today that AEHI CEO Don Gillispie appeared on Fox News as a nuclear expert to discuss the ongoing nuclear situation in Japan. Gillispie used his combined 45-year background in the nuclear industry to put a professional perspective on current events.
"It is very important that people begin receiving some context as it relates to these events. It is the reason I chose to appear on national news, because I believe it is critical that the world understands the plant in Japan is old and it was the only one of many plants on the coast affected by the tsunami," said Don Gillispie, AEHI CEO.
"More importantly this should not be considered another 'Chernobyl' due to this plant's safer design. New advanced reactors have even more safety features built into them that reduce, or eliminate similar problems. Despite this recent event, nuclear power remains the safest option for base load power and that message needs to get out, especially as some national and international leaders are reacting with what I believe to be limited information or misinformation."
Gillispie pointed out that nuclear power plants are heavily regulated in the U.S., more so than in any other country and that regulations like the "black-out rule" helps makes them safer. The black-out rule requires plants to operate without offsite power long enough to cool the reactor.
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; Idaho Energy Complex is the first project . Other business units include Energy Neutral(R), which reduces energy demands for homes and businesses () and Green World Water(TM), which is seeking to assist developing countries with nuclear reactors for production of potable water, power generation and other suitable applications ().
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CONTACT: Investor Relations Firm: Stephen D. Axelrod, CFA Wolfe Axelrod Weinberger Associates, LLC. 317 Madison Avenue, Suite 515 New York, NY10017 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