Evolution Fuels Signs Lease for Third Kansas Fuel Station

Tuesday, Feb 09, 2010

Evolution Fuels, Inc. today announced that it has executed a third lease agreement with J&J Developments, Inc. ("J&J") for a fuel station located in Topeka, KS.

Last week the Company announced an overall strategic alliance with J&J; today's announcement represents the third station of what the Company anticipates will be a series of locations leased from J&J. As in the two previously announced stations, this station is located on a prime intersection of Topeka that experiences an average traffic count of over 18,000 vehicles per day. This location is strategically located in close proximity to both Interstate 470 and Interstate 70 and is surrounded by major retailers. The station has four Dresser Wayne multi-product blending dispensers that will each provide E20 (20% ethanol/80% gasoline), E30, and E85 blended products, as well as regular and premium gasoline. The Company is in the process of re-imaging the station to the "Evolution Fuels" brand in preparation of operations commencing before the end of this month.

As part of its overall strategic plan, the Company has formed an alliance with J&J, a premier commercial real estate developer with a strong focus on fuel stations, convenience stores, and truck stop travel plazas. This alliance extends Evolution's planned rollout region to the state of Kansas, and helps to expedite the plan in other areas of the southwestern United States. This is the third station leased from J&J following Evolution Fuel's leases of fuel stations in Topeka and Manhattan, KS, which were announced last week.

About Evolution Fuels, Inc.

Evolution Fuels, Inc. endeavors to market renewable transportation fuels at retail fuel stations that will provide superior quality fuels to competing fuel stations by virtue of the blending capability within the fuel dispensers at its stations and offering the blends at competitive prices. The stations will offer ethanol/gasoline blends of fuel including 10% ethanol/90% gasoline (E10), 20% ethanol/80% gasoline (E20), 30% ethanol/70% gasoline (E30), and 85% ethanol/15% gasoline (E85). The latter three blends are intended for flex-fuel vehicles, although recent studies have shown that many legacy vehicles on the road today may use E20 and E30 blends without incurring damage to the engines or fuel systems. The Company's plan calls for the development of a chain of renewable fuel stations in the southwestern and southeastern United States that will be a combination of "Evolution Fuels"-branded fuel stations/convenience stores and western-motif truck stops modeled after Willie's Place Truck Stop in Carl's Corner, TX. The Company's Web site is www.evolution-fuels.com.

Source: PR Newswire