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Press Release Source: Intrepid Technology and Resources, Inc.
Intrepid Technology Has Been Added to the Ludlow Alternative Energy Small Cap Index Thursday August 10, 10:48 am ET
IDAHO FALLS, ID--(MARKET WIRE)--Aug 10, 2006 -- Intrepid Technology and Resources, Inc. (OTC BB:IESV.OB - News), a renewable alternate energy company, announced today that the company has been added as a component of the Ludlow Energy Small Cap Alternative Energy Index. ADVERTISEMENT
Dr. Dennis Keiser, Intrepid's CEO, believes that the inclusion of Intrepid in an index of leading emerging alternative energy companies is recognition of the company's business model and an acknowledgement of the strides made in bringing the Whitesides biogas plant online. Additionally, Intrepid is continuing construction of the larger Westpoint biogas facility in south central Idaho. Dr. Keiser stated, "Intrepid has worked hard to gain recognition as a strong renewable energy company. We are honored to be included as a component of the Ludlow Index and look forward to becoming more recognized in the industry." Intrepid is among 41 companies that are specializing in the expanding alternative energy field included in this Index.
The Ludlow Energy Small Cap Index is a basket of U.S. traded small cap alternative energy stocks. The Index provides both institutional and individual investors a gauge for tracking the day-to-day performance of small cap alternative energy stocks. The index is designed for investors who have a long-term bullish outlook on the renewable and alternative energy market. The Ludlow Energy Small Cap Index is owned and operated by Ludlow Energy Fund, Inc., based in New York City. www.ludlowcapital.com/indices/
About Intrepid Technology and Resources, Inc.: We are an application innovator in Alternative Energy technology and production and of biogas products and services designed to assist in worldwide energy independence, reduce pollution and carbon emissions from renewable agriculture feedstock and industrial and agriculture waste materials.
Statements released by Intrepid Technology and Resources, Inc. that are not purely historical are forward-looking within the meaning of the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the company's expectations, hopes, intentions, and strategies for the future. Investors are cautioned that forward-looking statements involve risk and uncertainties that may affect the company's business prospects and performance. The company's actual results could differ materially from those in such forward-looking statements. Risk factors include but are not limited to general economic, competitive, governmental, and technological factors as discussed in the company's filings with the SEC on Forms 10-K, 10-Q, and 8-K. The company does not undertake any responsibility to update the forward-looking statements contained in this release.
Contact: For additional information contact: Steve Ellis (208-529-5337) Email Contact
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