Aemetis Announces Appointment of McGladrey as Auditor

Leading Audit Firm Approved By Aemetis Board of Directors

CUPERTINO, Calif. – May 29, 2012 – Aemetis, Inc. (OTCPK: AMTX), an industrial biotechnology company producing advanced fuels and renewable chemicals, announced today that McGladrey LLP, has been appointed as the Company’s independent registered public accounting firm. The appointment of McGladrey was approved by the Company’s Audit Committee following the evaluation of audit proposals from several public accounting firms.

McGladrey is the fifth largest U.S. provider of assurance, tax and consulting services, with nearly 6,500 professionals and associates in more than 70 offices nationwide. The member firms include offices in more than 85 countries and more than 32,000 people to serve clients’ business needs.

“We are pleased to be working with the McGladrey firm and look forward to leveraging their extensive experience with public companies in the renewable energy sector”, said Eric McAfee, Chairman and CEO of Aemetis.  “Aemetis is now a global company with production facilities and customers in the U.S., Asia and Europe.  With a proven track record in renewable energy and with offices near our operations worldwide, the McGladrey firm is very well suited to serve as the independent registered public accounting firm for the company and its subsidiaries.”