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WallStreetGrapevine.com "Spotlight" Alert -RNVO, CAT, FCEL.

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M2 PRESSWIRE-19 November 2004-WallStreetGrapevine: WallStreetGrapevine.com "Spotlight" Alert -RNVO, CAT, FCEL(C)1994-2004 M2 COMMUNICATIONS LTD

RDATE:11192004

WallStreetGrapevine.com "Spotlight" Alert - RNVO, CAT, FCEL Renovo Holdings (OTCBB:RNVO - News) announced that the Company recently received the first cash distribution under terms of the $5 million Standby Equity Distribution Agreement (SEDA) between the Company and Cornell Capital Partners, L.P.

Under the SEDA, Cornell has committed to provide up to $5 million of funding to be drawn down at Renovo's discretion by the purchase of the Company's common stock. The Company may request an advance under terms of the agreement during any six-day period in exchange for issuing Cornell shares of common stock. The facility may be used in whole or in part entirely at the Company's discretion per terms of the agreement.

About Renovo Holdings

Renovo Holdings is a publicly traded company on the Over-the-Counter Bulletin Board under the symbol RNVO. The Company is presently a development stage company that intends to capitalize upon the niche market opportunities within the commercial and residential restoration service markets. More information is available about Renovo Holdings at http://www.renovoholdings.com For up to date corporate information about Renovo Holdings, contact Stephen W. Carnes at 407-435-3959. E-mail: info@renovoholdings.com Caterpillar Inc. (NYSE: CAT - News), FuelCell Energy, Inc. (Nasdaq: FCEL - News) and the city of Westerville, Ohio have reached...

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