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Alternate Energy Holdings, Inc. : AEHI Is Now a Fully Reporting Public Company to the SEC

^{Published on 2009-03-20 07:17:17, Last Modified on 2009-03-20 07:18:02 - Market Wire}
 

BOISE, ID--(Marketwire - March 20, 2009) - Alternate Energy Holdings, Inc. (PINKSHEETS: [ AEHI ]): AEHI's registration statement has been accepted by the SEC, qualifying it to be a fully reporting company. The company will conduct audits and file the required financial reports to keep its information current with the SEC and available to all potential investors.

AEHI's planned advanced nuclear reactor, Idaho Energy Complex, near Mountain Home, Idaho is the only viable commercial nuclear plant proposed west of the Rocky Mountains. The plant will be capable of selling electricity to the power challenged northwestern US and California. The company has 1400 acres under contract in Idaho. Also, the company is working with the Mexican government to construct a proposed advanced nuclear reactor that will also desalinate seawater into potable water for the southwestern US. An MOU has been signed with the landowner and water sources for an advanced nuclear reactor for electricity as well as a joint venture on solar for the Colorado Energy Park near Pueblo, CO. Also, the company is in early discussions regarding supplying a nuclear reactor to help with removing oil from the Tar Sands in Alberta, Canada. Another AEHI holding is Energy Neutral Inc which uses technology and renewables to virtually eliminate energy bills for homes, businesses and farms and is beginning to do business in Arizona and Colorado as well as Idaho. The company has arrangements in several Asian countries to obtain funding and strategic partners for its projects.

About Alternate Energy Holdings, Inc. ([ www.alternateenergyholdings.com ])

Alternate Energy Holdings actively acquires private green energy companies, as well as develops and markets innovative clean energy sources. Current projects include the Idaho Energy Complex ([ www.idahoenergycomplex.com ]), nuclear plant and bio-fuel generation facility, energy-neutral home and business technology ([ www.energyneutralinc.com ]), Colorado Energy Park and International Reactors, Inc., which assists developing countries with nuclear reactors for power generation, production of potable water and other suitable applications.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release may contain certain forward-looking statements within the meaning of Sections 27A & 21E of the amended Securities and Exchange Acts of 1933-34,which are intended to be covered by the safe harbors created thereby. Although AEHI believes that the assumptions underlying the forward-looking statements contained herein are reasonable, there can be no assurance that these statements included in this press release will prove accurate.