ST. LOUIS, Jan. 6 /PRNewswire-FirstCall/ -- CleanTech Biofuels, Inc. (Pink Sheets: CLTH.PK) announced today that its Registration Statement on Form SB-2, file number 333-149939, has been declared effective as of December 31st, 2007 by the Securities and Exchange Commission. As a result of the effectiveness of the Registration Statement, CleanTech Biofuels is now a reporting company and is eligible for the highest level for companies listed on the Pink Sheets, and listing on the OTC Bulletin Board.
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CleanTech Biofuels, Inc. is a development stage company that has licensed and is further developing its' core patented technologies that, when combined, can be used to convert the cellulosic material in municipal solid waste, green waste, and other cellulosic waste materials into fermentable sugars for the production of fuel grade ethanol.
CleanTech Biofuels has limited exclusive licenses to two separate patented technologies. Our pressurized steam classification technology uses a rotating pressure vessel to separate and sterilize the cellulosic fraction of curbside garbage, preparing the material so that it is ready for use as a feedstock for conversion into fermentable sugars. Our second technology utilizes dilute acid hydrolysis in a two-stage continuous process to convert cellulosic feedstocks into fermentable sugars which can be distilled into fuel grade ethanol.
We believe that our combined technologies will enable the production of ethanol from cellulosic waste streams at a lower cost than from grain or other agricultural feedstock's, while simultaneously avoiding the immense consumption of water and farmland that plague grain ethanol producers with the added benefit of recycling garbage and reducing the amount of waste disposed of in landfills by as much as ninety percent.
This press release is not a solicitation to buy or an offer to sell any securities registered in the Registration Statement. Offers and sales may be made only by means of the prospectus.
For more information, please visit: http://www.cleantechbiofuels.net/
Note: Except for the historical information contained herein, this news release contains forward-looking statements that involve substantial risks and uncertainties. Among the factors that could cause actual results or timelines to differ materially are risks associated with research and clinical development, regulatory approvals, supply capabilities and reliance on third- party manufacturers, product commercialization, competition, litigation, and the other risk factors listed from time to time in reports filed by CleanTech Biofuels Corporation with the Securities and Exchange Commission. The forward- looking statements contained in this news release represent judgments of the management of CleanTech Biofuels, Inc. as of the date of this release.
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