AmeriResource Revenue Increases Significantly in First Six Months of 2008

LAS VEGAS, NV--(MARKET WIRE)--Aug. 6, 2008 -- AmeriResource Technologies, Inc. (OTC BB: ARIO.OB - News), a diversified holding company, announced today that it has filed its quarterly financial statements for the period ended June 30, 2008 with the SEC, when revenues have more than doubled, reporting a 116% increase over the same period in 2007.

"For the first six months of 2008, AmeriResource revenue grew to $1,999,408, an approximate 116% increase over revenue of $925,194 for the same period in 2007. We are pleased with the revenue growth for the six months of operations, and work hard on controlling costs while we are improving our operations in our subsidiaries," noted Delmar Janovec, CEO of AmeriResource.

"As the Company and its subsidiaries continue to move forward, management works diligently to grow our revenue base and increase the profit margins in our core business model. While the company has not achieved profitability, we have seen strong revenue growth in our business models and will continue working hard on the operations of our subsidiaries," Janovec added.

To review the second quarter financial statements on file with the Securities and Exchange Commission, please visit www.sec.gov.

The Company encourages the public to read the above information in conjunction with its year-end statement, Form 10-KSB for December 31, 2007, and the Quarterly Form 10-Q statements, for calendar year, 2008. The Company financial statements can be viewed at www.sec.gov.

About AmeriResource: AmeriResource Technologies Corp. is a diversified holding company with headquarters in Las Vegas, Nevada. Among others, it operates BizAuctions, Inc., RoboServer Systems Corp., and AuctionWagon Inc., as operating subsidiaries. For more information on the Company and its operating subsidiaries, please see the Company's website at http://www.ameriresourcetechnologies.com.

The information contained in this press release may include forward-looking statements. Forward-looking statements usually contain the words "estimate," "anticipate," "believe," "expect," or similar expressions that involve risks and uncertainties. These risks and uncertainties include the Company's uncertain profitability, need for significant capital, uncertainty concerning market acceptance of its products, competition, limited service and manufacturing facilities, dependence on technological developments and protection of its intellectual property. The Company's actual results could differ materially from those discussed herein. Factors that could cause or contribute to such differences are discussed more fully in the "Risk Factors," "Management's Discussion and Analysis or Plan of Operation" and other sections of the Company's Form 10-KSB and other publicly available information regarding the Company on file with the Securities and Exchange Commission, at www.sec.gov. The Company will provide you with copies of this information upon request.

     Contact:
     AmeriResource Technologies Inc.
     Delmar Janovec
     (702) 214-4249
     Email: delmar@ameriresourcetechnologies.com
     http://www.ameriresourcetechnologies.com

Source: AmeriResource Technologies, Inc.