Clean Diesel Announces Appointment of European Financial Advisers and Trading on Frankfurt Stock Exchange.STAMFORD, Conn. -- Clean Diesel Technologies Inc. ("Clean Diesel") or (the "Company") (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CDTI CDTI Centro Para el Desarrollo Tecnológico Industrial (Spain) CDTI Cockpit Display of Traffic Information CDTI Common rail Diesel Turbo Injection CDTI Commercial Driver Training Institute (Pakistan) , AIM:CDT/CDTS and XETRA Xetra Deutsche Borse electronic trading platform that commenced operation in 1997. :CDI CDI compact disc interactive: a system for storing a mix of software, data, audio, and compressed video for interactive use under processor control ), a developer of technological solutions to reduce harmful engine emissions, announces that it is has expanded its market profile via the start of trading in the Company's shares on the Frankfurt Stock Exchange Frankfurt Stock Exchange The largest of Germany's eight securities exchanges, operated by Deutsche Borse AS. and Xetra. Clean Diesel has appointed Innovator Capital Limited, the specialist London based corporate finance and advisory firm, as a financial adviser with the specific brief of raising awareness of the Company among environmental and renewable focused investors in Continental Europe. As part of this initiative, Lang & Schwarz Wertpapierhandel AG, based in Dusseldorf, is fulfilling the role of Designated Sponsor. Innovator Capital will work in conjunction with the company's UK nominated advisor Nabarro Wells and UK broker JM Finn. Dr. Bernhard Steiner, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Clean Diesel commented: "This marks an exciting stage in Clean Diesel's development. We create technologies that are proven commercial successes and continental Europe is a huge market for us as the region boasts a highly sophisticated renewables and clean energy sector. We are pleased to have a strong group of advisors to help grow our potential even further." "We are delighted with the investor support shown so far in Germany where trading has already heightened Clean Diesel's visibility among potential new partners and clients. We are confident that this will significantly increase the scope for commercial benefits." Mungo Park, Executive Chairman of Innovator Capital said, "Governments of many key countries around the world are now committed to further improving emission standards, especially with regard to both industrial and automotive diesel engines. We look forward to working with Clean Diesel to introduce them to the foremost European investors in this rapidly growing sector." About Clean Diesel Technologies, Inc. Clean Diesel Technologies, Inc. and its UK representative office, Clean Diesel International LLC, is a developer of technological solutions to reduce harmful engine emissions. Clean Diesel Technologies has patented products that reduce emissions from combustion engines while simultaneously improving fuel economy and power. Products include Platinum Plus(R) fuel-borne catalysts (FBC), the Platinum Plus Purifier System and the ARIS ARIS American Religious Identification Survey ARIS Architecture of Integrated Information Systems ARIS Active Rack Isolation System ARIS Aggregate Route-based IP Switching ARIS Agentia Romana pentru Investitii Straine (R) 2000 urea-injection systems for selective catalytic reduction Selective catalytic reduction (SCR) is a means of removing nitrogen oxides, often the most abundant and polluting component in exhaust gases, through a chemical reaction between the exhaust gases, a (reductant) additive, and a catalyst. of NOx. Platinum Plus and ARIS are registered trademarks of Clean Diesel Technologies, Inc. For more information, visit CDT at www.cdti.com or contact the Company directly. Certain statements in this news release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Such forward-looking statements involve known or unknown risks, including those detailed in the Company's filings with the 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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