On Friday, June 11, 2010, Speedy Fuel held a Ribbon Cutting Ceremony for its first full service liquefied natural gas (LNG) fueling station to serve heavy-duty class-8 trucks in the Ports of Los Angeles and Long Beach. Applied LNG Technologies (ALT) supplies LNG to the popular multi-fuel public access station that will offer truck owners and operators full traditional retail access, immediately off the 710 Freeway and Anaheim Street at 1234 Cowles Street, Long Beach, CA, 90805. President Nick Sramek, Port of Long Beach; Vice Mayor Val Lerch, City of Long Beach; and Councilwoman Tonya Reyes Uranga, City of Long Beach were among the dignitaries who spoke at the event. “It gives me an immense pleasure to be here today celebrating the grand opening of this first ever LNG station in the Ports of Los Angeles & Long Beach that is entirely funded through private funds,” said Cem Hacioglu, President & CEO, ALT. “I remember vividly the day Levon and Greg discussed their vision for this station. Despite being one of the largest diesel retailers in the Ports, the Termendzhyan brothers had the foresight to realize the importance of LNG as an alternative fuel.” Speedy Fuel completed this project in record time and without any help from public funds. The station has begun fueling operations within 60 days following initial groundbreaking providing trucking companies and independent owner operators a much needed alternative fueling location within the Ports. Speedy Fuel and ALT are working together to expand LNG supply at two additional Speedy Fuel locations in the Southland. The additional stations are currently in the planning/development stages and are expected to be opened in 2011. LNG meets California’s strict emission standards and is now more readily available for use by commercial vehicles, heavy-duty trucks, utility companies, fleets, and other natural gas vehicles. Vehicles fueled by the transportation grade LNG produce approximately one-sixth of the nitrous oxides (NOx) and up to 15 percent less greenhouse gases than comparable petroleum diesel fueled vehicles.
About Speedy Fuel, Inc.Speedy Fuel, Inc., owns and operates several fuel stations around Southern California. Speedy Fuel also distributes fuel through the Speedy Fuel Transportation subsidiary. Speedy Fuel is a leader in alternative fueling being the first private station in Southern California to provide an array of fuel choices to customers including the newest addition of liquefied natural gas (LNG) at its station just outside the Ports of Los Angeles and Long Beach. About Applied LNG Technologies, LLC. Applied LNG Technologies, LLC (ALT) produces, markets and distributes liquefied natural gas (LNG). ALT owns a production facility located in Topock, Arizona, currently producing over 2 million gallons per month of vehicle-grade LNG. ALT provides LNG and compressed natural gas (CNG) product and delivery systems and executes turnkey fuel solutions that include equipment leasing, station installations, safety and training, natural gas production, low BTU gas processing, temporary fueling stations, and LNG and CNG consulting services. ALT’s customer base includes large municipal and transit fleets, various refuse companies, major ports and other commercial trucking fleets. The Company is focused on meeting the growing demand for alternative fuels in the domestic market. The Company's web site is www.altlng.com. ALT is wholly owned by Applied Natural Gas Fuels, Inc. (OTCBB: AGAS). Forward Looking Statements: This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that involve risks, uncertainties and assumptions, including statements about future station development. The forward-looking statements made herein speak only as of the date of this press release and the company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.