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High Velocity Alternative Energy Corp. Appoints Interim President

NEW YORK--High Velocity Alternative Energy Corp. (Other OTC: HVAE.PK) announced today that M. David Sayid, Esq., has been appointed Interim President, replacing Robert Sommerman, who has been removed as an Officer and Director of the Company. The Company’s offices have also been relocated to 408 West 57th Street, Ste 8E, New York, NY 10019. As Interim President, Mr. Sayid will help guide the Company to a new business model.

Mr. Sayid is the Managing Partner of Sayid and Associates LLP, a limited liability partnership engaged in the practice of law in the State of New York. Sayid holds a Bachelors of Arts degree in History and Economics, which he earned at Queens College, New York and a Juris Doctorem degree from Boston College Law School, Newton Centre, MA where he graduated in 1983. The Sayid Law Firm he manages specializes in Securities and Corporate Law, including, but not limited to, matters such as private placement memoranda, compliance with the Securities and Exchange Acts of 1933 and 1934, rules and regulations of the National Association of Securities Dealers, Inc. ("NASD"), FINRA, initial public offerings, secondary financing and other matters subject to the rules and regulations of the Securities and Exchange Commission ("SEC"), the NASD, the New York Stock Exchange and the American Stock Exchange. Mr. Sayid is admitted to the courts of the State of New York and the Commonwealth of Massachusetts since 1983, as well as, Southern and Eastern Districts of the United States District Courts for New York, the Second Circuit of the United States Appellate Court and the Supreme Court of the United States of America.