Clean Energy Signs an Exclusive Engineering License and Project Development Agreement
June 20 2006 - 7:00AM
PR Newswire (US)
VANCOUVER, June 20 /PRNewswire-FirstCall/ -- Clean Energy
Combustion Systems Inc. ("Clean Energy") ("CECU") is pleased to
announce that it has signed an Exclusive Engineering and Project
Development Agreement with Waste-to-Energy Developers (WTED) a
California based company. Clean Energy manufactures and markets a
solid to gas phase thermal conversion reactor known as The Clean
Energy 'ecoPhaser'. This product is designed to burn solid waste
fuels cleanly, producing an effluent flow of thermal energy (hot
gas). The thermal energy will then be used in a steam generator to
generate process steam and/or to produce electrical energy through
a turbine driven alternator. WTED is an engineering company
experienced and knowledgeable in the areas of industrial processes,
electric power generation, cogeneration, system control and plant
operation. WTED will provide to Clean Energy exclusive
representation, development and engineering in conjunction with
projects that involve the sale and/or installation of the Clean
Energy 'ecoPhaser' in the following geographic regions (the
Territory) of the United States: California, Nevada, Arizona, New
Mexico, Utah and Colorado. Clean Energy has granted WTED an
exclusive, royalty-free license to use Clean Energy logos, service
marks and trade names ("Trademarks"), for the purpose of marketing
and promoting the 'ecoPhaser' in the geographic locations named
above. Background on Clean Energy. Clean Energy is a
development-stage U.S. public company based in Vancouver, British
Columbia, Canada. The company has acquired or developed a number of
solid to gas phase thermal reactors and sonic standing wave
combustion systems, which we believe are superior to the standard,
steady-state combustion technology currently used, in terms of both
energy efficiency and consequential fuel cost savings, as well as
significantly reduced emission levels. For further information
visit Clean Energy's Website at: http://www.clean-energy.com/ or
contact: Investor Relations Clean Energy Combustion Systems Inc.
Phone: 1.604.681.9383 Email: Forward Looking Statements: Clean
Energy's development plans and the prospective potential of its
Gassifier and pulse combustion technologies as described in this
news release constitute "forward looking statements" within the
meaning of the United States federal securities laws that involve
risks and uncertainties. Actual results may vary substantially from
expectations as a result of a variety of factors including, by way
of example and not limitation, Clean Energy's financial
requirements and current lack of capital; Clean Energy's inability
to satisfactorily complete pending or new project proposals
(including with prospective licensee or joint venture partners) and
enter into binding revenue-producing contracts based upon those
proposals; the overall inability of Clean Energy (or its licensee
or joint venture partners, if any) to design, test, manufacture and
sell pulse combustors on a profitable basis, including as a result
of insufficient consumer acceptance of and demand for pulse
combustors; regulatory constraints; changes in Clean Energy's
business plan and corporate strategies; and the various risks and
uncertainties disclosed by Clean Energy in its various reports
filed from time-to-time with the SEC. Readers are urged to
carefully review and consider the various disclosures made by Clean
Energy in its various reports filed from time-to-time with the SEC
that attempt to advise interested parties of the risks and
uncertainties that may affect Clean Energy's business and an
investment in its securities. DATASOURCE: Clean Energy Combustion
Systems Inc. CONTACT: visit Clean Energy's Website at:
http://www.clean-energy.com/ or contact: Investor Relations, Clean
Energy Combustion Systems Inc., Phone: (604) 681-9383, Email:
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