LUTHERVILLE, Md., June 24 /PRNewswire-FirstCall/ -- Alkane, Inc. "Alkane" (Pink Sheets: ALKN) announced today that it has filed for a U.S. patent on its newly developed high energy synthetic fuel, Syn-Fuel. Syn-Fuel is the operative ingredient in the company's flagship product, diesel fuel additive Monster Diesel(TM), which started shipping earlier this month.

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According to the Energy Information Administration's International Energy Outlook 2008, the world "will require 50% more energy in 2030 than it did in 2005 ... almost all of which will be derived from synthetic and bio fuel sources." Alkane's proprietary Syn-Fuel will surely play an integral role in this transformation.

A quart of Syn-Fuel containing additive, Monster Diesel(TM), imparts to diesel fuel the energy equivalent of 25 gallons of regular diesel fuel. This revolutionary quality seems destined to place Monster Diesel(TM) at the forefront of the energy revolution -- ahead of even Ethanol, which actually contains significantly less energy than regular gasoline and therefore has the opposite effect when added to fuel. When one part of Monster Diesel(TM) is added to 1,000 parts of diesel fuel, the energy density of the diesel has been shown to increase by 9.9%. This boost in energy contributes to an increase of mileage per gallon by as much as 15% for both on-road and off-road diesel engines.

"The development of this Syn-Fuel, like Nobel's invention of dynamite, is simply the stabilization of Nitro. But, like dynamite, the Syn-Fuel has the capacity to have an impact of similar magnitude on our society," said Mathew Zuckerman, Ph.D., CEO and President of Alkane. He went on to say, "The explosive power of Nitro in Nitroglycerine and in the gaseous product Nitromethane used in drag racing is well known. What Alkane has done is harness the power of Nitro in a liquid form to use as an alternative fuel. The ramifications of this proprietary technological breakthrough will have a similarly long lasting impact on our world."

Other benefits of Monster Diesel(TM) include:

    --  Instant impact -- Turns black smoke to white
    --  Less down time -- Metal to metal wear reduced by almost 40%
    --  All year fuel -- Sub-zero operation without plugging filters
    --  Price not dependent upon crude -- Made from feedstock rather than crude
        oil

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:                 Media:
    Tom Nelson                          Matt McLoughlin
    Ten Associates LLC                  Gregory FCA
    480.326.8577                        610.642.8253
                                        matt@gregoryfca.com

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.