(Source: Business Wire)

E Robert Gates Chairman and CEO of All State Properties Holdings, Inc.
(OTCBB: ATPT), a Memphis-based energy company focused on creating value
through acquisition of operating oil and gas wells along with
development and acquisition of oil and gas reserves, has announced the
appointment of John C. Miller as President and Chief Operating
Officer of the Company.
Mr. Miller has extensive senior management experience helping
corporations realize business opportunities, successfully confront
market challenges, and create shareholder and corporate value. He spent
several years as a senior executive in the oil & gas industry. His
background includes over 14 years at Federal Express where he served as
a Senior Vice President/Chief Financial Officer and helped develop the
strategy and systems that allowed the company to achieve exceptional
year over year growth rates. Mr. Miller was instrumental in various
funding initiatives for Federal Express and was part of the management
team that took the company public and listed it on the New York Stock
Exchange.
John Miller's experience also includes assignments with other
exceptional international and domestic companies, private and public, in
diverse industries. Earlier in his career, Mr. Miller was one of the
youngest division controllers in the history of Ford Motor Company. He
has been listed in Marquis Who's Who in America. A 1965 graduate of the
University of Pennsylvania Wharton School and past Regional Penn Alumni
Club President, Mr. Miller's experience includes serving as a CEO,
director or trustee of several international and domestic business,
professional, higher education and philanthropic organizations.
This press release contains "forward-looking statements," as
contemplated by the Private Securities Litigation Reform Act of 1995,
including statements regarding the anticipated herein. The Company gives
no assurance that the forward-looking statements will prove to be
correct and does not undertake any duty to update them. Stockholders
should consider other factors as set forth in detail in the Risk Factors
section of the Company's most recent quarterly report on Form 10-Q and
annual report on Form 10-K as well as other filings the Company has made
with the Securities and Exchange Commission, which are posted online.
Stockholders and prospective stockholders should rely only on the
information in this document.
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