LUTHERVILLE, Md., Oct. 9 /PRNewswire-FirstCall/ -- Alkane, Inc., "Alkane" (Pink Sheets: ALKN) announced today it has filed a Form 10 Registration Statement with the U.S. Securities and Exchange Commission (SEC) to become a fully reporting company. The company will now file annual, quarterly and periodic reports on Forms 10K, 10Q and 8-K.

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"Our filing of Form 10, which includes our audited financial statements, is a significant benchmark for Alkane and is indicative of the strength of our company," said Mathew Zuckerman, Ph.D., President and CEO of Alkane, Inc. "This filing will help to advance our near and long term business goals and provide transparency to our investors."

The Form 10 Registration Statement is accessible through the SEC's database of online corporate financial information by searching under Alkane at www.sec.gov. A copy of the Form 10 filing will also be available on the investor page at www.MonsterDiesel.com.

About Alkane, Inc.

Alkane, Inc. is dedicated to the development and sales of alternative fuels and additives which reduce the cost of operating and maintaining vehicles. Additional benefits of Alkane, Inc.'s product offerings include positive environmental impact through the reduction of harmful emissions and a lessened U.S. dependence on foreign oil due to a decrease in crude oil dependent diesel fuel consumption.

Visit www.MonsterDiesel.com for more product information, news and analysis, and information on how to order Monster Diesel(TM) branded products.

Monster Diesel(TM) and its logo are trademarks of Alkane, Inc.

    For More Information Contact:
    For Alkane, Inc.:
    Investor Relations:
    Chris Gennari
    Alkane, Inc.
    410-MONSTER

Forward Looking Statements:

Certain statements in this release and other written or oral statements made by or on behalf of the Company are "forward looking statements" within the meaning of the federal securities laws. Statements regarding future events and developments and our future performance, as well as management's expectations, beliefs, plans, estimates or projections relating to the future are forward-looking statements within the meaning of these laws. The forward looking statements are subject to a number of risks and uncertainties including market acceptance of the Company's services and projects and the Company's continued access to capital and other risks and uncertainties outlined in its filings with the Securities and Exchange Commission, which are incorporated herein by reference. The actual results the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. These statements are based on our current expectations and speak only as of the date of such statements.

SOURCE Alkane, Inc.