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Kreido Biofuels to Host a Conference Call to Provide a Business Update and Company Outlook

Kreido Biofuels, Inc. (OTCBB:KRBF) announced today that the Company will host a conference call and webcast to provide a business update and Company outlook on Monday, June 11, 2007 at 4:15 p.m. Eastern time (1:15 p.m. Pacific time).

Investors interested in participating in the call can dial 1-800-811-8845 from the U.S. International callers can dial 1-913-981-4905. A telephone replay will be available approximately two hours after the call concludes and will be available through Monday, June 18, by dialing 1-888-203-1112 from the U.S., or 1-719-457-0820 for international callers, and entering confirmation code 8024932. There also will be a simultaneous webcast available on the Investor Relations section of the Companys web site at www.kreido.com, which will be archived for 30 days.

About Kreido Biofuels

Kreido Biofuels is providing the world renewable energy through its proprietary process intensification technology - the STT® system. The Companys manufacturing methods significantly improve the efficiency, quality, and process control of biodiesel production. To build a sustainable future, our goal is to provide the industry cutting edge technology that improves the manufacturing of biofuels. The Companys senior management and Board have more than 50 years experience in the energy sector including designing, constructing, operating and managing petroleum refining, natural gas distribution, and chemical processing facilities. Kreido Biofuels also has established collaborations with university and government laboratories, including the U.S. Environmental Protection Agency (US EPA), in order to gain a leading position in the development of advanced chemical processes. Kreido Biofuels is based in Camarillo, California. STT is a registered USPTO trademark of Kreido Biofuels, all rights reserved. For more information about Kreido Biofuels, visit www.kreido.com.

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