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PRESS RELEASE : November 14, 2003
STARTEC ENERGY ADDRESSES RECENT IRS SYNTHETIC FUEL RULING
COLUMBUS, Ohio - November 14, 2003 - Startec Energy, Inc. (Startec), a Startec Inc. company, announced that Startec, and the limited liability company in which it is a member, received confirmation that the Internal Revenue Service has resumed issuing Private Letter Rulings (PLR) on the production of synthetic fuels under the Section 29.
"We are pleased to learn the outcome of the IRS ruling," said Don Cullen, President and CEO, Startec. "Shareholders are encouraged to visit the Startec or IRS website for a full report regarding the decision."
For additional information email the company at startecenergy@aol.com.