ST. LOUIS, Nov. 17 /PRNewswire-FirstCall/ -- CleanTech Biofuels, Inc.
(OTC 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.
SOURCE CleanTech Biofuels, Inc.