(Source: Business Wire)

Green Star Alternative Energy, Inc. (Pink Sheets: GSAE) ("GSAE" or the
"Company") (http://www.greenstarae.com)
is pleased to announce the installation of a wind measurement tower just
outside the settlement of Ram, located in the 50 MW region of Veliko
Gradiste.
The terrain had been carefully analysed and months of preparation and
licensing have culminated in this deployment. The data gathered will
provide the necessary air flow information for Green Star to design,
engineer, and optimize this 50 MW potential wind farm.
The Municipality of Veliko Gradiste is located in north-east Serbia
approximately 100 km east of the capital, Belgrade. Its territory
encompasses 344 square km on the right bank of the Danube River and left
bank of the Pek River. The initial micro location for placement of the
Company's wind sensor had been identified next to the settlement of Ram,
and the Municipality has allotted 200 hectares of land towards this
endeavour.
About Green Star Alternative Energy (GSAE.PK)
Green Star Alternative Energy is an environmentally conscious, renewable
energy company working to develop more than 300 MW (megawatts) of
clean electricity through wind
energy. The corporate revenue model is two-fold: the use of a
renewable resource allows not only for the creation of environmentally
friendly energy, but the granting of carbon
(greenhouse gas) emission credits which may be traded and sold.
Green Star is pursuing a significant opportunity to provide clean energy
to the growing Republic of Serbia and neighbouring European countries.
Through a joint venture with key wind
farm and power trading company Notos, Green Star will become the
nation's first developer of wind power. GSAE is focused on green
technology and sustainable energy programs like wind turbines, hydro
electric power generation, and other renewable electricity models.
FORWARD-LOOKING STATEMENTS
This press release contains 'forward-looking statements.' These are
statements concerning plans, objectives, goals, strategies,
expectations, estimates, intentions, projections, developments, future
events, or performance, underlying (expressed or implied) assumptions
and other statements that are other than historical facts. In some cases
forward-looking statements can be identified by the use of
forward-looking words such as 'believes,' 'expects,' 'may,' 'will,'
'should,' or 'anticipates,' 'estimates,' or the negative of these words
or other variations of these words or comparable words, or by
discussions of plans or strategy that involve risks and uncertainties.
Management wishes to caution the reader that these forward-looking
statements, including, but not limited to, statements regarding the
Company's plans, goals the estimates and assumptions, and the business
strategy of the Company and other matters that are not historical facts
are only predictions. No assurances can be given that such predictions
and the estimates regarding mineral reserves, success of mining plans,
or other projections will prove correct or that the anticipated future
results will be achieved. Actual events or results may differ
materially. Forward-looking statements should be read in light of the
cautionary statements and risks that include, but are not limited to,
the risks associated with a small company, the intense competition the
company faces from others, and technological changes. Any one or more of
these or other risks could cause actual results to differ materially
from the future results indicated, expressed, or implied in such
forward-looking statements.
A service of YellowBrix, Inc.