Clean Energy Enters Agreement for Wind Power System.

Energy Editors/Business Editors

SACRAMENTO, Calif.--(BUSINESS WIRE)--Jan. 31, 2003

On January 24th, 2003, Clean Energy Inc. entered into an exclusive Singular Licensing Agreement for all worldwide jurisdictions outside of Europe with Windkraft Inc. of Texas for its patented wind turbine and patented AC permanent magnet generator.

The unique patented wing (rotor) of the turbine allows for greater efficiencies in generating electricity, lower noise levels, and more flexibility in generating energy at both low and high wind speeds compared to other similar sized wind turbines.

Clean Energy will market the current WINDKRAFT 1.5 twinpower model that is able to produce up to 5 Kilowatts in many applications including residential homes, acreages, agriculture, irrigation, remote communication power, and isolated northern communities.

Although current production is in Germany, the Agreement provides Clean Energy the opportunity to manufacture the products in North America. Clean Energy will also be developing 10 Kilowatt and larger twinpower wind turbines under the terms of the Agreement.

The long-term goal of Clean Energy is to develop wind farms of 10 to 50 Megawatts using the unique twinpower wind turbine system and AC generator.

Clean Energy, Inc., a Nevada corporation, is a development stage company formed in 1998 to commercialize innovative technologies in the renewable energy industry. Our business focus is clean pollution-free electricity from wind, solar, hydro, and other innovative alternative energy sources. Our goals are to acquire technology rights and licenses from patent holders and others, secure market presence, and raise sufficient capital to build, own and operate electrical generating facilities throughout the world.

Pursuant to the safe harbor definitions and provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, this news release contains certain forward-looking statements. Such statements use words including, but not limited to, "expects," "believes," "intends," "indicates" and other such words and phrases not directly supportable as statements of present fact. Such forward-looking statements are subject to certain risks and uncertainties, including, among other things, the company's business conditions, the general economic environment, reliance on performance by third parties, etc. These and other risks, uncertainties and additional factors could cause actual results to differ materially from those projected.