Press Release

Merritt Island, FL -- March 21, 2011 – Alternative Energy Partners, Inc. (OTC BB: AEGY) is proud to announce that it was featured at this year’s SXSW® Interactive in Austin, Texas as one of Three Undiscovered Companies Leading the Green Movement.

Alternative Energy Partners (AEGY) participated in SXSW® Interactive the week of March 11-15 (2011). SXSW® Interactive is five days of presentations from “the brightest minds in emerging technology” and networking events hosted by industry leaders, associated with the SXSW Festival renowned for its music performances. AEGY participated in a panel moderated by Ben Lack, Chief Conversationalist at The Daily Energy Report, a daily web show delivering top energy news and information from energy industry experts. The purpose of the panel, entitled “Three Undiscovered Companies Leading the Green Movement” was to feature companies that are encouraging the nation to “go green” with innovative strategies. The panel discussed ways in which American companies can operate in a more economical and environmentally friendly manner.

Justin Miller, Director of Business Development for Xnergy, an Alternative Energy Partners company, represented AEGY at the summit. He was joined on the panel by Andy Kruse of Southwest Windpower and Ingrid Vandervelt of Green Girl Energy. Xnergy is an award-winning engineering, construction, and alternative energy market leader based in Southern California, which leads the curve in the development and implementation of alternative energy technologies including fuel cells and solar energy. Xnergy was recently honored by Congress for its commitment to clean, green technology

Justin Miller said, “ It was a privilege for AEGY and Xnergy to be asked to participate and share our knowledge and experience within the energy industry with the SXSW Interactive attendees. Being part of SXSW allows us to connect with a motivated audience, and to help them find new and easy ways to save on energy usage and costs.”

Alternative Energy Partners offers a range of energy services under one umbrella. Through customizing its solutions, AEGY hopes to encourage client companies and facilities to make the switch to greener sources of energy as well as operating within environmentally friendly structures. AEGY recently announced that going forward, it would focus on growing particularly successful areas of its energy services including fuel cell technology.

Ben Lack says, "I was very pleased that our panelists were effectively able to convey that the green movement is gaining momentum. While there are still some real obstacles to becoming more responsible about our energy use, there are many people and companies who are interested in joining the movement. And our panelists were able to provide road maps to many who want to get more involved."

About Alternative Energy Partners, Inc.
Alternative Energy Partners ("AEGY") is focused on sourcing, marketing and distributing renewable alternative energy solutions. AEGY's Xnergy is an award-winning engineering, construction, and alternative energy market leader based in Southern California (xnergy.com). AEGY includes Shovon, LLC (shovon.com), a provider of remote control energy management systems, and is also poised to enter the European alternative energy market through its Skynet Energy Systems, Inc. AEGY has also announced its intention to acquire Renewable Energy and Water (Renergyandwater.com) from Healthcare of Today. AEGY's goal is to offer a full portfolio of high-performance energy solutions for homes and businesses of all sizes. Alternative Energy Partners is publically traded on the NASDAQ OTC (OTCBB:AEGY). For more information about AEGY, please visit aenergypartners.com.

FORWARD LOOKING STATEMENT
This announcement is not an offer to sell any Alternative Energy Partners ("AEGY") securities. Offers for any given security are made only through applicable offering circulars and related documents filed with the SEC pursuant to the Securities Act of 1933 or the Securities Exchange Act of 1934. Certain statements contained herein and subsequent oral statements made by and on behalf of AEGY may contain "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward looking statements are identified by words such as "intends", "anticipates", "believes", "expects", and "hopes" and includes, without limitation, statements regarding AEGY's plan of business operations, product research and development activities, anticipated revenues and expenses and potential contractual arrangements and obligations. Forward-looking statements speak only as of the date of the document/oral statement in which it was made. In making any such statements, the person making them believes that his expectations are based on reasonable assumptions; however, any such statement may be influenced by factors that could cause actual outcomes and results to be materially different from those projected or anticipated. These forward-looking statements are subject to numerous risks and uncertainties. There are various important factors that could cause actual results to differ materially from those in any such forward-looking statements and are mostly out of the company's control. Among these are: general economic conditions, receipt of additional working capital, and acceptability of the company's products in the marketplace as well as other factors set forth in the company's SEC filings. AEGY disclaims any intent or obligation to publicly update these forward-looking statements, whether as a result of new information, future events or otherwise.