June 17, 2008
CleanTech Biofuels Addresses Rising Global Food Costs and Sustainable Waste to Energy Cellulosic Ethanol Technology Solutions
CleanTech Biofuels, Inc. (OTCBB: CLTH) is pleased to announce a growing number of executive interviews being conducted with media regarding the key role CleanTech Biofuels' cellulosic ethanol technology can play to help alleviate US foreign dependency for oil by developing biofuels sourced from municipal solid waste.
Aurora Venture Communications Group is now featuring an online webcast audio interview with Mr. Michael Kime, COO of CleanTech Biofuels, Inc., who also Co-Wrote and Co-Produced the award winning feature documentary, "Can Mr. Smith Get to Washington Anymore?" The interview covers a range of topics including Mr. Kime's personal insights into the conflux of environmental and political forces that are driving the market and the media's interest in waste-to-energy technology. The interview can be found online at: http://www.avcg.net/CLTH.
Wise Money w/ Brian and Gerro -- KERR, Bakersfield, CA (2 appearances)
KFNN Business for Breakfast w/ Ken Morgan & Julie Dougherty -- KFNN, Phoenix, AZ
Fort Wayne Mornings w/ Charly Butcher -- WOWO, Fort Wayne, IN (2 appearances)
Traders Nation (National Syndication)
CEO of CleanTech Biofuels, Inc., Edward Hennessey, commented: "As ethanol production from food crops has exploded in recent years, there are increasing concerns over the amount of arable land once used for food production being displaced for energy crops. Additionally, concerns have been raised regarding the energy and pollution balance of other methods of ethanol production. Consequently our business model which leverages the existing infrastructure for municipal solid waste collection and disposal to collect biomass at a low or negative feedstock cost is beginning to receive the recognition we feel it deserves."
Hennessey further stated: "We believe that we will achieve profitability quickly relative to other cellulosic ethanol producers who must develop their infrastructure to collect and transport more expensive feedstocks such as switchgrass, wood waste, or corn stover. Moreover, biomass derived from garbage should not be subject to increases in commodity prices that plague producers currently manufacturing ethanol from corn."
About CleanTech Biofuels, Inc.
CleanTech Biofuels, Inc. is developing a set of technologies that, when combined, are capable of converting municipal solid waste into ethanol. Their unique technology package positions them to be the industry leader in using municipal solid waste (MSW) as the primary feedstock for energy production. Municipal Biorefineries developed with our technology will:
-- Reduce the costs of transporting waste long distances for disposal. -- Dramatically reduce pollution released the disposal of municipal solid waste. -- Reduce the amount of material going into landfills by as much as eighty five percent. -- Increase the amount of recyclable materials that can be recovered from municipal solid waste. -- Generate biofuels and other usable energy products at competitive prices.
By using the existing infrastructure for municipal solid waste collection and disposal to collect biomass at a low or negative feedstock cost, CleanTech will achieve profitability quickly relative to other cellulosic ethanol producers who must develop their infrastructure to collect and transport more expensive feedstocks such as switchgrass, wood waste, or corn stover. Moreover, biomass derived from garbage will not be subject to increases in commodity prices that plague producers currently manufacturing ethanol from corn. If you would like to receive e-mail announcements about CleanTech Biofuels, Inc., additional information, or to contact a representative directly, please visit us on the web at http://www.cleantechbiofuels.net or www.avcg.net/CLTH.
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.
Contact: Investor Relations Contact: Aurora Venture Communications Group James A. Romero (858) 926-5527 [email protected]www.cleantechbiofuels.net
SOURCE: CleanTech Biofuels, Inc.