WEST PALM BEACH, Fla., July 09, 2015 (GLOBE NEWSWIRE) — Alliance BioEnergy Plus, Inc. (ALLM) (the “Company”) announced today that Company subsidiary AMG Energy Group, LLC contracted with Process Engineering Associates, LLC (PROCESS) to complete the Front-End Loading 1 and 2 (FEL-1 and FEL-2) engineering phases necessary for the construction of commercial CTS plants and to collect contracted license fees. Carbolosic holds the exclusive, worldwide license to the patented mechanical/chemical technology, “CTS™” developed by the University of Central Florida. The CTS technology is able to produce Sugars, Various Fine Chemicals, Plastics, Carbon Fibers and other valuable products from virtually any plant material, wood or paper by product, fruit casings or bio waste.

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