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Monster Diesel™ Named One of Top Ten Startups to Watch in 2010 by the Baltimore Business Journal

Lutherville, MD - (January 1st, 2010) – Monster Diesel™, flagship product of Alkane, Inc., “Alkane” (ALKN.PK), has been selected by the Baltimore Business Journal as one of Top Ten Startups to Watch in 2010.

The Baltimore Business Journal identifies top startups based on a specific set of criteria which demonstrates the company’s capacity to expand and thrive, including “potential, dynamic leadership and money to grow.” In its top ten issue, the Baltimore Business Journal called Monster Diesel™ one of the “young companies you might want to do business with this year,” noting that those who made the list may be the “next best thing in Greater Baltimore business.”

“We are thrilled to be named a Top Ten Startup by the Baltimore Business Journal,” said Lou Petrucci, Vice President of Sales & Marketing for the company. “The Baltimore Business Journal is such a reputable publication which exemplifies editorial integrity and sound reporting. For them to look at our product and our business plan and announce that we are truly a company to watch and do business with is significant.”

Alkane, Inc. plans to introduce additional product offerings in 2010.

About Monster Diesel™

Monster DieselTM is a patent pending high energy alternative fuel additive which boosts diesel fuel’s quality to premium levels. The additive offers a comprehensive, cost effective solution to address each of the challenges common to diesel powered engines, all in one product.

Benefits of Monster DieselTM include:

  • Reduces diesel consumption by as much as 15%
  • Boosts diesel fuel’s energy by 10% for increased power and mileage per gallon
  • Reduces metal to metal engine wear and friction by as much as 40%, to reduce down time
  • Lowers overall fuel emissions by 23%
  • Turns black smoke to white instantly, harnessing would-be pollutants into increased power and mileage per gallon
  • Winterizes diesel fuel to allow subzero operation, eliminating the need for expensive #1 diesel to reduce gelling and deicing
  • Boosts the cetane number by 12.5%—twice the boost of premium gas over regular
  • Made from U.S. sourced materials, not crude oil

About Alkane, Inc.

Alkane, Inc. is dedicated to the development and sales of alternative fuels and additives which reduce the cost of operating and maintaining vehicles. Additional benefits of Alkane, Inc.’s product offerings include positive environmental impact through the reduction of harmful emissions and a lessened U.S. dependence on foreign oil due to a decrease in crude oil dependent diesel fuel consumption.

Visit www.MonsterDiesel.com for more product information, news and analysis, and information on how to order Monster DieselTM branded products.

Monster Diesel™ and its logo are trademarks of Alkane, Inc.

Forward Looking Statements:

Certain statements in this release and other written or oral statements made by or on behalf of the Company are "forward looking statements" within the meaning of the federal securities laws. Statements regarding future events and developments and our future performance, as well as management's expectations, beliefs, plans, estimates or projections relating to the future are forward-looking statements within the meaning of these laws. The forward looking statements are subject to a number of risks and uncertainties including market acceptance of the Company's services and projects and the Company's continued access to capital and other risks and uncertainties outlined in its filings with the Securities and Exchange Commission, which are incorporated herein by reference. The actual results the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. These statements are based on our current expectations and speak only as of the date of such statements.