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[QUOTE]Originally posted by Superbee383: [QB] ONYI - .22 ORIGINALLY NEW YORK INC Originally New York Enters the Renewable Energy Arena: Ethanol Plant Construction & Engineering 10/31/2006 CHICAGO, Oct 31, 2006 (BUSINESS WIRE) -- Originally New York, Inc. (OTCBB:ONYI) has entered into the ethanol marketplace with the acquisition of ethanol industry assets, including real estate, heavy equipment, and a newly-renovated award winning ethanol plant, expected to be operational soon. Diversified Ethanol, a Nevada corporation, is a new subsidiary of ONYI. The subsidiary specializes in the engineering and manufacturing of small ethanol plants. The company is scheduled to begin construction on its second ethanol plant on January 3 when it closes on a 14 acre agricultural property. CEO Taylor Moffitt said, "With so many states and countries beginning to legislate renewable fuels, there has been a shortage of the plants which manufacture ethanol. Experienced companies that construct these plants typically have a 2 to 3 year waiting list. The United States is presently importing ethanol from Brazil as demand for ethanol is very high, and many other countries are just beginning to see the value of building their own renewable fuel industry. We want to be a foundational part of this bright and environmentally responsible future." Originally New York acquired the web site, [URL=http://www.diversifiedethanol.com]www.diversifiedethanol.com[/URL] and will be making updates to the page to reflect new corporate structure and ownership. If you are interested in purchasing an ethanol plant, please visit the aforementioned web site or call 515-603-6292. Originally New York is developing a new web site solely for the purpose of providing information about Originally New York and products and services it offers. The web site is expected to be operational soon. The majority shareholder of ONYI is James Monroe Capital (Pink Sheets:JMCP). This press release does not constitute an offer of any securities for sale. This press release contains certain 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. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release. SOURCE: Originally New York, Inc. Originally New York, Inc., Eagle Grove, IA Chris McGovern, 515-603-6292 Copyright Business Wire 2006 [/QB][/QUOTE]
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