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Alkane Begins Trading on the OTCQB Stock Market

^{Published on 2010-07-19 05:01:07 - Market Wire}
 

BALTIMORE, MD--(Marketwire - July 19, 2010) - Alkane, Inc. (PINKSHEETS: [ ALKN ]) announced today that the company has been upgraded to the OTCQB marketplace by pinksheets.com. The OTCQB marketplace distinguishes OTC securities that are registered and reporting with U.S. regulators. Pink OTC Markets created OTCQB as the middle tier of the OTC market to better distinguish OTC-traded companies that have made the substantial commitment to investor disclosure by being registered and reporting with a U.S. regulator. Alkane is current on all SEC filings required for a fully-reporting company.

"We believe that this marketplace change will provide our shareholders with increased momentum through OTC's electronic quotation and negotiation platform," said Mathew Zuckerman, Ph.D., CEO & President of Alkane.

About Alkane, Inc.

Alkane, Inc. is dedicated to the development of a family of alternative fuels and additives which, collectively, will contribute to a solution to the global energy crisis. Additional benefits of Alkane, Inc.'s product offerings include positive environmental impact through the reduction of harmful emissions and reduced vehicle operation and maintenance costs. Monster Diesel™, flagship product of Alkane, Inc., is a patent pending high energy "green" alternative fuel additive which boosts diesel fuel's quality to premium levels and is designed for use in any diesel powered motor.

Forward-Looking Statements:

This press release contains certain forward-looking statements. Investors are cautioned that certain statements in this release are "forward-looking statements" and involve both known and unknown risks, uncertainties and other factors. Such uncertainties include, among others, certain risks associated with the operation of the company described above. The Company's actual results could differ materially from expected results.

Visit [ www.MonsterDiesel.com ] for more product information, news and analysis, and information on how to order Monster Diesel™ and branded products. Also visit Monster Diesel™ on Facebook or follow on Twitter.

Monster Diesel™ and the logo are trademarks and are property of Alkane, Inc.