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ClearFuels Technology Inc. Selected by AlwaysOn as a GoingGreen 100 Top Private Company Award Winner.

Recognized for Leadership in Clean Technology and Global Business Potential

AIEA, Hawaii -- ClearFuels Technology Inc., a developer of sustainable sugarcane biorefineries, today announced its selection by AlwaysOn as one of the GoingGreen 100 Top Private Companies for 2007. The first-annual elite GoingGreen 100 list was compiled by the AlwaysOn editorial panel. To be eligible for the GoingGreen 100 list, companies had to be peer-nominated, with AlwaysOn receiving more than 500 nominations from venture investors, investment bankers and other industry experts.

"The AlwaysOn GoingGreen 100 companies will accelerate the global movement to a more sustainable environment," said Tony Perkins, founder and editor of AlwaysOn. "The ideas and innovation we saw as we reviewed hundreds of clean technology companies will be foundational to the next wave of economic growth in California and beyond. My congratulations to each AlwaysOn GoingGreen 100 winner--these are the companies which we predict will have the greatest market traction, strongest innovation and most game-changing approaches this year."

Using advanced thermochemical technologies, ClearFuels' integrated biorefineries are designed to increase per acre production of ethanol while reducing carbon dioxide emissions per gallon.

"ClearFuels is developing biorefineries that can produce clean renewable fuels from waste biomass or sustainable energy crops," said ClearFuels President George St. John. "Our biofuel refinery design integrates efficient production of cellulosic ethanol from bagasse and cane trash with existing sugar mill and sugar fermentation facilities. This allows relative production flexibility of ethanol, sugar and power to optimize economic returns in response to commodity market prices, while increasing overall efficiency in a sustainable manner." ClearFuels' first commercial demonstration facility is currently under development in Hawaii.

"It is a tremendous honor for ClearFuels to be included with these other emerging leaders in green energy innovation," St. John said.

ClearFuels and the GoingGreen 100 Top Private Companies for 2007 will be honored at AlwaysOn GoingGreen to be held at the University of California in Davis from September 10 - 12. GoingGreen is a two-and-a-half-day executive gathering that highlights the significant impact clean technologies have on new economic growth and in sustainable use of natural resources. The idea behind the GoingGreen 100 top private companies list is to identify the most promising entrepreneurial opportunities and investments in the clean technology industry.

A full list of all the AlwaysOn GoingGreen 100 Private Companies can be found on the AlwaysOn Web site at: http://alwayson.goingon.com/permalink/post/18632

For more information on ClearFuels Technology Inc., go to: www.clearfuels.com

About AlwaysOn GoingGreen: AlwaysOn GoingGreen is a two-and-a-half-day executive gathering that highlights the significant impact clean technologies have on new economic growth and in sustainable use of natural resources. AlwaysOn GoingGreen features the most innovative companies, eminent technologists, influential investors and journalists in keynote presentations, panel debates and private company CEO showcases. The goal of the conference is to identify the most promising entrepreneurial opportunities and investments in the clean tech industry.

ClearFuels Technology Inc.: ClearFuels Technology Inc.'s mission is simply stated in its name; to produce clear clean renewable fuels such as ethanol, methanol, hydrogen and synthetic gas from sustainable cellulosic biomass, using advanced thermochemical technologies. ClearFuels is focused on integrating its cellulosic facilities with existing sugar mills and sugar juice fermentation plants. The result is more ethanol per acre of sugarcane with lower carbon dioxide emissions per gallon. ClearFuels has targeted over two dozen integrated biorefineries at existing sugar mill facilities.

About AlwaysOn

ALWAYSON ignited the open-media revolution in early 2003 by being the first media brand to launch a global blog network. In 2004, ALWAYSON continued to lead the media industry in innovation by introducing a social network where members can connect and engage. ALWAYSON is also revolutionizing the media business by applying its open-media principles to its executive event series (STANFORD SUMMIT, ALWAYSON HOLLYWOOD, ALWAYSON MEDIA and GOINGGREEN) and quarterly print "blogozine" by empowering its members to post and share their ideas and meet each other online. As our loyal readers know, ALWAYSON is committed to the free-market, merit-driven approach to reporting and event programming. No other media brand has dared to create such open interaction with its readers and event participants.
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Publication:Business Wire
Date:Sep 10, 2007
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