GeoBio Energy, Inc. Announces Placement of Instruments with Two Large Northeast Utilities in the United States

    GeoBio Energy, Inc. Announces Placement of Instruments with Two Large
                   Northeast Utilities in the United States

PR Newswire

SEATTLE, Feb. 26, 2013

SEATTLE, Feb.26, 2013 /PRNewswire/ --GeoBio Energy, Inc., a Colorado
corporation (OTCQB: GBOE) ("GeoBio"), announced today that its wholly-owned
subsidiary El Gas North America, LLC, a Washington limited liability company
("El Gas NA") has placed its data reporting and volume conversion instruments
for field trials with two of the nation's largest utilities. Both utilities
are based in the northeast. The first utility has a market capitalization of
approximately $11 Billion and the second utility has a market capitalization
of approximately $370 Million. GeoBio expects the field trial phases to be
completed by April 1, 2013. The opportunity to place its instruments with two
significant utilities, combined with El Gas NA's technologically-advanced,
valuable product line, helps to put GeoBio in an excellent position to expand
the El Gas NA business and deploy multiple instruments in the oil and gas
industry.

Mark Cangany, President of El Gas NA stated, "Placement of our maxiDATCOM, a
data reporting device, and our miniELCOR, a gas electronic volume corrector
device, in two national utilities is highly critical towards gaining industry
acceptance and recognition of El Gas s.r.o.'s products." Mr. Cangany further
explained, "We expect to commence product sales in the United States upon
completion of the field trials with an estimated 100-300 product orders to be
placed shortly thereafter." Larry Shelver, CEO of GeoBio commented, "This is
a wonderful opportunity, which represents significant progress in launching
sales of El Gas NA's data reporting and volume conversion products."

El Gas NA is a fully licensed and exclusive distributor of El Gas s.r.o's
natural gas volume monitoring and correcting equipment and data recorder
products in the territories including the United States, Canada, Mexico and
the Caribbean Islands. El Gas NA's products include the (i) maxiDATCOM, a
battery data reporting device with an integrated GSM/GPRS modem, (ii)
miniELCOR, a battery powered gas electronic volume corrector and (iii)
maxiELCOR, a battery powered gas electronic volume corrector with integrated
GSM/GPRS modem. GeoBio anticipates that El Gas NA's products will enhance and
add significant value to the oil and gas services industry, which is currently
utilizing and relying on old, mechanical, circular reporters and instruments.
El Gas NA offers integrated, robust and flexible technology, in which GeoBio
expects will help improve market standards and contribute towards a more
efficient and effective industry. 

For more information regarding the El Gas NA product line, please contact
sales@elgasna.com.

About GeoBio Energy, Inc.:

GeoBio Energy's business model emphasizes the development, acquisition and
operation of existing companies in the oil and gas services and energy related
products industry. As oil and gas exploration continues in the face of ever
rising demand, facilitating delivery of oil and gas, monitoring and
maintaining drilling sites to obtaining peak efficiency and production from
existing, new and aging wells becomes increasingly important. GeoBio believes
this to be a significant growth opportunity in its strategy to combine and
consolidate companies in the oil and natural gas services sector. GeoBio's
subsidiary, El Gas North America, LLC, has an exclusive license to sell Czech
Republic based ELGas s.r.o.'s natural gas electronic volume corrector (EVC)
and electronic data recorder (EDR) products in the United States, Canada,
Mexico and the Caribbean, which products provide for the efficient monitoring
and delivery of natural gas to consumers. For more information, please visit
GeoBio's web site: www.geobioinc.com

Safe Harbor Statement

This Press Release may contain forward-looking statements which can be
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the words such as GBOE "expects," "should," "believes," "intends,"
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This Press Release does not constitute or form any part of any offer or
invitation to sell or issue or any solicitation of any offer to purchase or
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"Forward-looking statements," as defined in the Private Securities Litigation
Reform Act of 1995, may be included in this press release. These statements
relate to future events and/or our future financial performance. These
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developments or otherwise. Risks particularly associated with our current
business include, but are not limited to the risks associated with our ability
to (i) obtain the necessary financing to complete our prospective acquisitions
and other targeted companies and to finance our current operations, (ii)
generate sufficient revenue and obtain profitability, (iii) obtain additional
financing as needed, (iv) manage changes in general economic and business
conditions (both generally and in the natural gas and oil services and the
energy industry), (v) react to actions of our competitors, (vi) develop new
services and markets for our services, (vii) identify and manage risks in
connection with acquisitions (viii) evaluate and effect the level of demand
and market acceptance of our services and (ix) make necessary changes to our
business strategies.

SOURCE GeoBio Energy, Inc.

Website: http://www.geobioinc.com
 
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