LevelStock.com: Universal Bioenergy Retains iCapital Finance as Investment Banking Advisors

Universal Bioenergy Inc. (Pink Sheets:UBRG), an alternative energy and green tech company, announced today that it is has signed an agreement to engage the services of Irvine, California based, iCapital Finance Inc., as their investment banking advisor. iCapital specializes in advising companies in the Technology, Healthcare, Media & Telecommunications and Financial Services Industries.

Under the terms of the agreement, iCapital will render advisory services to Universal for financial and strategic business consulting, asset and technology purchases, and assisting in its growth plans through mergers and acquisitions. They will also help position the Company in its efforts to qualify, and apply for listing on other stock exchanges, which list similar alternative energy technology companies.

"We talked to a number of companies, however, iCapital has a deep knowledge of our industry, the expertise, and a history of proven performance, to help us realize our goals for growth and expansion. We believe iCapital's innovative approach to investment advisory services, capital formation, and affiliations with firms such as J.P Morgan, Greenwich Capital and Prudential Securities, will produce a monumental shift in reaching our full potential as a publicly traded company," says Vince Guest, CEO of Universal.

Randall Letcavage, Managing Director of iCapital, states, "We expect to bolster the expansion plans of Universal Bioenergy, and maximize the potential of its current holdings and assets. We plan to integrate our highly skilled professionals, and our strategic partners, with Universal's expanding corporate opportunities; then deploy them to fully develop Universal's core business and emerging technologies in the alternative energy market. We believe this should help Universal build greater market capital appreciation, shareholder value, and a sustainable competitive advantage for years to come."

About Universal Bioenergy

Universal Bioenergy Inc. is an alternative energy company, and through its subsidiary NDR Energy Group, markets natural and alternative energy, including natural gas. The company is poised to expand into solar, biofuels, wind, synthetic fuels and related energy technology products. It plans to build on this core business, and work to build the company into a prominent player in alternative energy.

Universal Bioenergy Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6784

About Capital Finance Inc.

iCapital is a leading investment bank specializing in the Micro and Small Cap Public Companies and Middle Market Private Companies offering a wide range of financial advisory services, including; Mergers & Acquisitions, equity and debt financing, strategic advice, and financial consulting. iCapital's industry experience and financial resources are designed to assist high growth companies in meeting their corporate objectives. Contact Information: Nationwide Financial Solutions, Inc. Steve Luke CEO Email Contact. 3231 S. Country Club Way, Suite 102 Tempe, AZ 85282 (480) 820-9766 Fax: (480) 820-9768 iCapital Finance Randall Letcavage Contact 2603 Main Street, Suite 1150 Irvine, CA 92614 Office: (949) 260-8070 Fax: (949) 260-0116

Safe Harbor Statement - There are matters discussed in this media information that are forward-looking statements within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. Such statements reflect the company's current expectations and projections about future results, performance, prospects, sales levels, profitability and opportunities. All forward-looking statements involve risks and uncertainties. All statements contained herein that are not clearly historical in nature are forward-looking, and words such as "believe," "anticipate," "expect," "estimate," "may," "will," "should," "continue," "plans," "intends," "likely," "project", or other similar words or phrases are generally intended to identify forward-looking statements. Such statements are subject to a number of risks, uncertainties, and other factors, many of which are beyond our control, and are only forecasts; and actual events, performance, prospects, opportunities or results may differ materially from those expressed in or implied in such forward-looking statements. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. For a discussion of important factors which could cause actual results to differ from the forward looking statements, refer to Universal Bioenergy Inc.'s most recent annual report, and accounts, and other SEC filings. The company undertakes no obligation to update publicly, or revise, forward looking statements, whether as a result of new information, future events or otherwise, except to the extent legally required.

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