Licencing of patented technology
January 07 2009 - 7:00AM
RNS Non-Regulatory
Clean Diesel Technologies, Inc
07 January 2009
Clean Diesel Technologies licenses patented ARIS� technology to Eaton Corporation for advanced vehicle emission control systems
Bridgeport, CT - January 7, 2009 - Clean Diesel Technologies, Inc. (NASDAQ:CDTI; XETRA: CDIA; AIM:CDT), the clean technology emissions
reduction company and Eaton Corporation (NYSE:ETN) today announced they have entered into a global non-exclusive licensing agreement. Under
the agreement, Eaton will use Clean Diesel's patented Advanced Reagent Injector System (ARIS�) technology for injection of hydrocarbon fuel
in emissions reduction applications, including Eaton's Aftertreatment System. This technology can also be applied to regeneration of diesel
particulate filters and lean NOx traps in various global applications.
Both Eaton's innovative Aftertreatment and fuel dosing systems have worldwide application for reducing NOx and particulate matter (PM)
emissions from diesel engines. NOx and PM are a significant health hazard and are estimated by the Environmental Protection Agency (EPA) to
cause 20,000 premature deaths annually in America. Children, the elderly and those with pre-existing health conditions, such as asthma are
especially at risk. These systems can be used for on-road, off-road and stationary applications, with a combined global market size of new
medium-duty and higher engines exceeding 7 million per year. Eaton is targeting NOx and PM control technologies for production in 2011 and
beyond in various applications.
Eaton's unique Aftertreatment System does not require the use of additional urea for NOx reduction. It is an integrated system that
effectively meets the EPA and international regulation requirements without the on-vehicle storage, replenishment and infrastructure a
urea-based system requires. For example, EPA regulations require that all new 2010 on-road engines comply with increasingly strict NOx and
PM standards.
Clean Diesel's ARIS technology is designed for use in all types of combustion engines. Its key advantages include the use of a single
emissions reduction fluid to provide injector cooling and the fact that it is easier to manufacture, install and operate than compressed air
systems.
Dimitri Kazarinoff, general manager for Emerging Technologies and Business Development at Eaton, said: "We are excited to enter this
licensing agreement with Clean Diesel. It provides access to a key technology, which helps us provide system based solutions to reduce NOx
and PM, hence making significant contributions toward emissions reduction and sustainability. We are working with numerous global OEMs to
provide them with NOx and PM emission reduction solutions."
Dr. Bernhard Steiner, Chief Executive Officer of Clean Diesel, said: "We are delighted with the use of our ARIS airless return-flow
technology in this application. ARIS technology is more commonly associated with selective catalytic reduction (SCR) systems based on urea
injection; Eaton's use of hydrocarbon injection underscores the broad applicability of our ARIS technology.
"Eaton has taken two NOx-reducing technologies and packaged them into a system where they can work together, taking advantage of several
catalytic reactions to reduce harmful emissions," Dr. Steiner added. "We are pleased to provide a key technology that will help reduce
global emissions and that supports Eaton's commitment to environmental sustainability."
Vishal Singh, manager for Eaton's Aftertreatment business unit, said: "Eaton's versatile solution makes use of diesel or fuels from
renewable resources to meet emission standards without the logistical and cost-related issues associated with on-board urea storage and
wide-scale urea distribution. Clean Diesel's patented technology, when combined with our own in this unique way, will enable our customers
to benefit from an aftertreatment system that is simple yet effective in significantly reducing PM and NOx emissions. This technology
license strengthens our portfolio and combined with our own technology provides our global customers with more technical solutions to meet
the strict upcoming diesel engine emissions standards worldwide."
Hydrocarbon injection is an important and growing technology for diesel particulate filter regeneration applications, as well as for NOx
absorbers and NOx conversion catalysts. Clean Diesel supplies patented technology enabling both urea-based and alternative SCR solutions for
fuel-efficient emission control.
About Clean Diesel Technologies
Clean Diesel Technologies (NASDAQ: CDTI) is a cleantech company providing sustainable solutions to reduce emissions, increase energy
efficiency and lower the carbon intensity of on- and off-road engine applications. Clean Diesel's patented technologies and products allow
manufacturers and operators to comply with increasingly strict regulatory emissions and air quality standards, while also improving fuel
economy and power. The company's solutions, which are in commercial use worldwide, significantly reduce emissions formed by the combustion
of fossil fuels and biofuels, including particulate matter (PM), nitrogen oxides (NOx), carbon monoxide and hydrocarbons. Clean Diesel
solutions also reduce carbon dioxide (CO2) emissions, a key greenhouse gas associated with global climate change.
Clean Diesel develops and manages intellectual property from original concept to full-scale commercial deployment. Its offerings include
ARIS� Selective Catalytic Reduction (SCR); the patented combination of SCR and Exhaust Gas Recirculation; hydrocarbon injection for
emissions control applications; Platinum Plus� Fuel-Borne Catalyst (FBC); the Purifier* family of particulate filter systems; and its Wire
Mesh Filter particulate filter technologies. The company was founded in 1995 and is headquartered in Stamford, Connecticut. A wholly owned
subsidiary, Clean Diesel International, LLC, is based in London, England. For more information, please visit www.cdti.com.
About Eaton
Eaton Corporation is a diversified power management company with 2007 sales of $13 billion. Eaton is a global technology leader in
electrical systems for power quality, distribution and control; hydraulics components, systems and services for industrial and mobile
equipment; aerospace fuel, hydraulics and pneumatic systems for commercial and military use; and truck and automotive drivetrain and
powertrain systems for performance, fuel economy and safety. Eaton has 82,000 employees and sells products to customers in more than 150
countries. For more information, visit www.eaton.com.
Certain statements in this news release constitute "forward-looking statements" within the meaning of the Private Securities Litigation
Reform Act of 1995. Such forward-looking statements involve known or unknown risks, including those detailed in the Company's filings with
the U.S. Securities and Exchange Commission, uncertainties and other factors which may cause the actual results, performance or achievements
of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by
such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as
of the date hereof.
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Contacts:
Matter Communications Clean Diesel Technologies, Inc.
(Technical press inquiries) Walter G. Copan
Jacqueline Volovich EVP, CTO
+1 415-984-6281 +1 203 327 7050
jackie@matternow.com wcopan@cdti.com
Crescendo Communications, LLC Charles Stanley Securities
(U.S. investor contact) Nominated Adviser
David K. Waldman or Klea Philip Davies / Freddy Crossley
Theoharis Tel: +44 20 7149 6457
+1 212 671 1020
cdti@crescendo-ir.com
Innovator Capital Limited Eaton Corporation
(Financial press inquiries) Don Alles
Shaun Brown Manager, Global Communications
Jade Summer (269) 342-3311
+44 20 7297 6840 DonAlles1@Eaton.com
jade.summer@innovator-capital.
com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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