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FOR IMMEDIATE RELEASE

July 14, 2011

CONTACT: Snake River Alliance

LizWoodruff, Executive Director

208-344-9161(w); 208-871-4597 (c)

 

SEC Adds More Charges Against Nuke Developer

 New Fraud Allegations Question AEHI’s Honesty withInvestors

Would-be Payette nuclear reactordeveloper Alternate Energy Holdings and its top executives conducted a far moreextensive scheme to defraud investors in Idaho and around the world than first believed,according to an updated lawsuit by the U.S. Securities and Exchange Commission againstAEHI that was filed in federal court in Boise.