Greenbelt Resources Commissions First Waste-to-Ethanol System in Australia

PASO ROBLES, Calif. and MELBOURNE, Australia, March 20, 2017

"Our initial goal with Greenbelt is to derive a fuel source that will enable independence from standard fossil fuels," said Larry Walsh, Director, Standard Ethanol Pty. Ltd. "This progress enables us to continue our efforts in developing a renewable, locally produced, high-performance and economically smart alternative for energy and bio-products – an example of where the world is going."

The modular automated system designed by Greenbelt for Standard Ethanol, is based on Greenbelt's standard technology platform.  Features of the system include: proprietary distillation and dehydration modules and plant-wide implementation of Greenbelt's proprietary automated process controls built on top of its central control platform.  The system recycles wheat enabling it to gain added value from lower grades of wheat, while achieving a measure of local energy independence – further proving that converting waste to bio-products is a profitable endeavor.

"Reaching operational status with Standard Ethanol is one of our most important international milestones so far this year," said Darren Eng, CEO, Greenbelt Resources Corporation. "Similar to our recent PRECO project in California that demonstrates the positive potential of transforming waste (e.g., wheat, wine) into bioproducts, this project will do the same for the Australian market. With that, we were chosen by Standard Ethanol for our technology to recycle wheat and turn it into ethanol. This year will be one for milestones as we continue to form partnerships like this furthering the advancement of waste-to-biofuel and bio-product technologies on a global scale."

About Standard Ethanol Pty. Ltd.
Standard Ethanol produces ethanol from lower grades of wheat crops. The owners have a keen interest in renewable fuel and gaining value added benefits from their own production.

About Greenbelt Resources Corporation
Greenbelt Resources Corporation™ is an award-winning provider of sustainable energy production systems focused on delivering modular solutions that enable the localized processing of locally generated waste into locally consumed products. The Company designs, develops and implements technology that makes the production of advanced biofuel reliable, practical and efficient. Controlled by proprietary automated controls, the Company's small-scale, end-to-end modular systems convert food, beverage and other cellulosic wastes into commercially viable advanced biofuels (bio-ethanol), animal feed, fertilizer and filtered water. For more information visit: www.greenbeltresources.com. 

This press release does not constitute an offer of any securities for sale and contains certain forward-looking statements. For additional information visit the Greenbelt Resources investors page.