CleanTech Biofuels Enters Into Alliance Discussions for Expansion Into France
18 November 2008 - 10:04AM
PR Newswire (US)
ST. LOUIS, Nov. 17 /PRNewswire-FirstCall/ -- CleanTech Biofuels,
Inc. (OTC:CLTH) (BULLETIN BOARD: CLTH) announces that it has begun
exploring opportunities to implement its technology in France with
the assistance of the French government economic development arm,
the Invest in France Agency. (Logo:
http://www.newscom.com/cgi-bin/prnh/20080106/CLSU020LOGO) This
significant development signals CleanTech's expansion into
international markets, starting with France which is already
recognized as a leader in promoting alternative energy technologies
and the reduction of carbon emissions. The recent Grenelle de
L'environment forum arranged by the French Government has called
for an even greater investment in renewable energy in the near-term
future, making it an idea country for CleanTech to partner with as
it expands abroad. About CleanTech Biofuels, Inc. CleanTech
Biofuels, Inc. is a development stage company with technology that
the company believes is capable of converting municipal solid waste
into ethanol and other products. By using the existing
infrastructure for municipal solid waste collection and disposal to
collect biomass at low or possibly negative feedstock cost, the
Company expects to achieve profitability quickly relative to other
energy producers who must develop their infrastructure to collect
and transport more expensive feedstocks such as sugar cane, corn or
even switchgrass, wood waste, or corn stover. About Invest in
France The Invest in France Agency (IFA) promotes and facilitates
international investment in France. The IFA network operates
worldwide. IFA works in partnership with regional development
agencies to offer international investors business opportunities
and customized services all over France. For more information,
please visit http://www.investinfrance.org/ Safe Harbor: This
release may contain forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995. The risks
and uncertainties that may affect the operations, performance
development, and results of the Company's business include but are
not limited to fluctuations in financial results, availability and
customer acceptance of our products and services, the impact of
competitive products, services and pricing, general market trends
and conditions, and other risks detailed in the Company's SEC
reports. http://www.newscom.com/cgi-bin/prnh/20080106/CLSU020LOGO
http://photoarchive.ap.org/ DATASOURCE: CleanTech Biofuels, Inc.
CONTACT: Ed Hennessey of CleanTech Biofuels, Inc., +1-314-802-8670,
Web site: http://www.cleantechbiofuels.net/
http://www.investinfrance.org/
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