Energy Ventures Organization, Inc. (www.energyVentures.org)

Las Vegas, NV July 3, 2006 -- Energy Ventures Organization, Inc. (www.energyVentures.org) a Nevada based Energy Solutions company, pioneering the fast growing Hydrogen Alternative Fuel Production Industry, announced its settlement of a lawsuit with Apollo Resources International, Inc. (OTCBB: AOOR) who has previously held a 50% stake in Energy Ventures Organization. CEO, John Bonaventura said, "Apollo (AOOR) was forced by the Texas court case, to give back 25 million shares to Energy Ventures Organization and forfeit 450,000 shares of their (AOOR) stock. This covers our cost of the law suite against Apollo and gives us additional operating funds." "Now all of the company shares are back in the treasury and we can move forward again with our hydrogen projects and focus on the future." "The lawsuit was over a breach of contract on Apollo's part and has been ongoing for the last year", said John Bonaventura, CEO and Treasurer.

Through extensive research and development (R&D) Energy Ventures Organization has now completed a fifth generation hydrogen-producing unit and is looking forward to our up-coming joint venture negotiations with 2 major public companies. EVO will now be able to move forward with future funding sources.

This press release includes "forward-looking statements" Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.

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