Tech Laboratories Announces Milestone Agreement to Acquire Biodiesel Solutions: Acquisition of Innovative Biofuels Company to Provide Unique Pro

SPARKS, Nev. (BusinessWire EON) May 29, 2007 --     The landmark acquisition furthers Tech Laboratories' stated mission to augment core operations and assets through opportunistic acquisitions of green technologies and products.

The BiodieselMaster is a community-scale biodiesel processing unit that is designed to produce 350,000 gallons of biodiesel per year. The design provides a biodiesel production system that is continuous, flexible, efficient, affordable, and fully-automated. The automated control system minimizes labor costs and facilitates remote diagnostics. Because the BiodieselMaster is small and self-contained, it is easy to set up with minimal infrastructure.

"Biodiesel Solutions is an ideal acquisition for Tech Laboratories for several compelling reasons that include proprietary technology, a management team known throughout the biofuels industry and an industry-disruptive product with a clear and potentially lucrative market," said John King, Chief Executive Officer of Tech Laboratories. "We are very excited to add BiodieselMaster to our product line and expect that it will contribute significant long-term value for shareholders."

BSI has spent more than two years developing the BiodieselMaster after identifying a compelling market niche. The BiodieselMaster uses exclusively-licensed technology as well as internally-developed intellectual property to process 1,000 gallons of feedstock per day into biodiesel.

"We feel confident that becoming a subsidiary of Tech Laboratories offers us tremendous opportunities for growth moving forward," said Rudi Wiedemann, Chief Executive Officer of Biodiesel Solutions, and a seasoned Silicon Valley executive. "We look forward to working with John and his team to begin making a considerable impact in the burgeoning industry for biofuels."

Based on Tech Laboratories' assessment of targeted customers, it is expected that feed-stocks can be grown on set-aside land, thereby enabling energy independence without disrupting the food chain. BSI has concluded six months of field trials which has demonstrated the unit's ability to meet ASTM fuel quality standards.

About Tech Laboratories

Tech Laboratories is an emerging greentech company closing the loop between modern consumerism and America's insatiable demand for energy. The Company is establishing its position in what many believe to be the largest economic opportunity of the 21st Century -- a sustainable solution to the world's $5 trillion addiction to oil consumption.

A key component of Tech Laboratories' high-growth business model is the augmentation of core operations and assets through strategic partnerships and opportunistic acquisitions in the burgeoning biofuels industry. The Company's management team and Board of Directors believes that increasing political and social responsiveness, combined with exciting developments in biofuel technology, has created an unprecedented environment for organic growth as well as growth through acquisitions.

The management of Tech Laboratories is establishing relationships with various biofuel entities with projects, products, and technologies at various stages of development. Each of these companies is in a business that meets Tech Labs' corporate mission. Tech Laboratories' management is actively negotiating strategic relationships as a means to continue building shareholder value. To learn more visit www.tech-laboratories.com and www.renewalfuels.com.

For investor-specific information and resources, visit http://www.trilogy-capital.com/tcp/tech.

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Forward-Looking Statements

This press release includes statements that may constitute forward-looking statements, usually containing the words "believe," "estimate," "project," "expect," or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, continued acceptance of the Company's products and services in the marketplace, competitive factors, dependence upon third-party vendors, availability of capital and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.