NEW YORK - November 4, 2009 - Credit implications of pending greenhouse gas (GHG) legislation will be a mixed bag for U.S. energy and related sectors from a potential positive for natural gas producers to a serious challenge for domestic refiners, according to a new Fitch Ratings report.

Oct. 14, 2009 (Business Wire) — Green Star Alternative Energy, Inc. (Pink Sheets: GSAE; “GSAE” or the “Company”) (http://www.greenstarae.com) is pleased to announce that an analysis of the Veliko Gradiste zone demonstrates the potential for 50MW of wind energy development. As per the agreement with the municipality, Green Star is exploring the economic viability of the region’s wind resources to determine whether to exercise the right to develop wind power and supply the area with green electricity.

The Company’s wind resource engineer, MSc. Nikola Vasiljevic, has sited three separate micro locations in his report: two in Ram and one in Deliblatska Pescara. Plans to erect one of the Company’s wind sensors at the Ram site are underway. 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

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About Green Star Alternative Energy, Inc.

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

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Ryder System Inc. (R), a leading supply chain, warehousing and transportation solutions provider, has been recently recognized for its green initiatives and strong commitment to supply chain sustainability.

The company was named as “Inbound Logistics Green Supply Chain Partner" by Inbound Logistics, a leading trade magazine targeted toward business logistics and supply chain managers. It will feature as one of 25 companies selected by the Inbound Logistics magazine that are leaders in supply chain sustainable businesses.

Ryder’s recognition was due to the adoption of efficient and cost-effective supply chain solutions that add value for customers. The company offers various vehicle technologies and supply chain solutions that improve overall transportation efficiencies and reduce fuel consumption and greenhouse gas emissions to a large extent.

Ryder is also an Environmental Protection Agency (EPA) SmartWay Carrier and Logistics Partner. This program is a joint collaboration between EPA and the freight sector as

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It’s possible that no concept in history has ever come so far, so fast, and with so little substance behind it, as “global warming.” Or, to be precise, anthropogenic global warming(AGW) – the kind caused by us puny humans rather than by that fireball that keeps the planet habitable.

We’re extraordinarily lucky. If present thinking is correct, the first single-celled living organisms may have appeared as much as 3½ billion years ago, and it would appear that once life arrived, it never went away. That’s a very long time for conditions to have remained favorable enough to keep the chain from breaking.

As the eons unspooled, Earth’s climate varied, sometimes wildly. It has been much hotter than it is today, and much colder. (One current theory holds that the average surface temperature has regularly oscillated between 120° and -50°F.) Nearly all of the changes have been due to variations, some

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Green Star Alternative Energy, Inc. (Pink Sheets: GSAE; “GSAE” or the “Company”) (http://www.greenstarae.com) is pleased to announce the signing of non-disclosure agreements between the Green Star/Notos JV and Gamesa Eolica S.L.; as well as between the Green Star/Notos JV and Elektrawinds. The non-disclosure agreements reflect the Company’s efforts to complete discussions with both Gamesa and with Elektrawinds.

Gamesa is one of the main wind turbine manufacturers worldwide and is a leader in the design and development of these turbines. Gamesa has installed more than 16,000 MW of its main product line in 20 countries spread out over four continents. However, manufacturing is only a part of its corporate mandate – the Gamesa Business Unit has the mission of developing and building wind farms.

Elektrawinds is currently the largest private company in the Belgian renewable energy market and was established in 1998. Elektrawinds produces, sells and distributes green power

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Green Star Alternative Energy, Inc. (Pink Sheets: GSAE; “GSAE” or the “Company”) (http://www.greenstarae.com) is pleased to announce the signing of an agreement between the Green Star/Notos JV and the Municipality of Veliko Gradiste. The arrangement allows Green Star to explore the economic viability of the regional wind resources; and upon evaluation, the right to develop wind power and supply the area with green electricity.

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 sensors has been identified in the settlement of Ram, and the Municipality has allotted 200 hectares of land towards this endeavour.

Miodrag Andric, CEO of Green Star Alternative Energy, stated: “The Company will continue to

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Green Star Alternative Energy, Inc. (“GSAE” or the “Company”) -http://www.greenstarae.com- is pleased to announce that the Company has filed an amended Form 10 with the U.S. Securities and Exchange Commission (SEC) to become a fully reporting entity. This status will permit GSAE to obtain a listing on NASDAQ’s OTC Bulletin Board – a regulated quotation service that displays real-time quotes, last-sale prices, and market depth and volume information for over-the-counter securities.

Mike Andric, CEO of Green Star Alternative Energy, stated, “Green Star’s exposure will broaden with an imminent listing on a larger stock exchange, and the Company will apprise its shareholders and the investment community as growth events unfold.”

About Green Star Alternative Energy (GSAE)

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

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Green Star Alternative Energy, Inc. (“GSAE” or the “Company”) -http://www.greenstarae.com- is pleased to announce that initial wind velocity information, from the Company’s Belo Blato wind farm site, provides data that is superior to prior figures. Further analysis over the third quarter will further refine the wind energy potential.

Mike Andric, CEO of Green Star Alternative Energy, stated, “Green Star’s engineering team is very excited with the data collected – these figures can have a significant impact by allowing for greater installed capacity for the project and generating more green electricity.”

About Green Star Alternative Energy (GSAE)

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

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Green Star Alternative Energy, Inc. (Pink Sheets: GSAE; “GSAE” or the “Company”) – http://www.greenstarae.com – is pleased to announce that it has appointed Capital Partners d.o.o. to serve as its investor relations counsel.

The announcement was made by Mike Andric, the Company’s President who is also founder and CEO of Notos, d.o.o. Mr. Andric stated that “With Capital Partners, we are ensured of fitting representation that will increase awareness of the Company’s efforts.” Mrs. Svetlana Krstic, co-owner of Capital Partners, said: “We believe that this is a long-term cooperative effort and Notos and Green Star will be a success story for the whole community in this region of Europe.”

About Green Star Alternative Energy (GSAE)

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

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