Under the Arrangement, each Todays Alternative Energy Corp share will be exchanged for cash in the amount of C$1.18 per Todays Alternative Energy Corp share.

The consideration to be paid by CVC Capital Partners represents a premium of approximately 136% over the closing price of the Todays Alternative Energy Corp shares on July 6, 2011 ($0.50).

About Todays Alternative Energy Corp

Todays Alternative Energy Corporation, formerly Bio Solutions Manufacturing, Inc., is a development stage company. The Company has a green cleaning products business that is organized to use its own scientific formulations to manufacture and sell a line of biodegradable cleaning products that contain natural non-toxic ingredients. It has a biodiesel business that is organized to use its extraction technology to convert waste cooking oil and grease into a biodiesel fuel ingredient. The Company’s biodiesel business is designed to eliminate environmental issues associated with disposing of waste cooking oil and grease. On October 6, 2010, the Company formed Guaranteed Enzyme Miracle Corporation, in which it focuses to operate its green cleaning products business.During the fiscal year ended October 31, 2010, the Company had no revenues.

This press release contains forward-looking statements that are subject to risks and uncertainties. These forward-looking statements include information about possible or assumed future results of our business, financial condition, liquidity, results of operations, plans and objectives. In some cases, you may identify forward-looking statements by words such as "may," "should," "plan," "intend," "potential," "continue," "believe," "expect," "predict," "anticipate" and "estimate," the negative of these words or other comparable words. Forward-looking statements include, the transaction being in the long-term interest of the Company and that make significant contributions to the combined company going forward. These statements are only predictions. The forward-looking statements are based on the Company's beliefs, assumptions and expectations of our future performance, taking into account information currently available to the Company. These beliefs, assumptions and expectations can change as a result of many possible events or factors, including those events and factors described in the "Risk Factors" section in the Company's most recently filed annual report on Form 10-K, as updated in the Company's quarterly reports on Form 10-Q filed since the annual report, not all of which are known to the Company. Neither the Company nor any other person assumes responsibility for the accuracy or completeness of these statements. The Company will update the information in this press release only to the extent required under applicable securities laws. If a change occurs, the Company's business, financial condition, liquidity and results of operations may vary materially from those expressed in the aforementioned forward-looking statements.

Contact: Todays Alternative Energy Corp

info@todaysalternativeenergy.net