ST. LOUIS, May 20 /PRNewswire-FirstCall/ -- CleanTech Biofuels, Inc. (BULLETIN BOARD: CLTH) CleanTech Biofuels, Inc. announced today that its annual meeting of Stockholders will be held on June 17, 2008, at CleanTech's offices in St. Louis, Missouri. Stockholders of record as of May 5, 2008, will be entitled to attend and vote at the meeting.
Separately, CleanTech announced that Michael Kime has been promoted to the position of Chief Operating Officer. Mr. Kime previously served as General Counsel. He will continue in that role in addition to his new executive responsibilities.
Before joining CleanTech Biofuels, Mr. Kime was a partner in the St. Louis law firm Sauerwein, Simon, Blanchard & Kime, P.C. where he managed the firm's corporate law practice. He also co-produced and co-wrote the award winning documentary film, Can Mr. Smith Get to Washington Anymore?, a 2006 International Documentary Association nominee for Best Documentary of the year and winner of numerous film festivals internationally (http://www.mrsmithmovie.com/). Mr. Kime serves on the Board of Directors of Missouri Votes Conservation, a bi-partisan environmental lobbying group.
CleanTech Biofuels, Inc.
CleanTech Biofuels, Inc. is a development stage company that is developing cutting edge waste to clean fuel technologies. We have licensed and are developing our core patented technologies which, 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 ethanol.
Our unique technology package positions us to be the industry leader in using municipal solid waste (MSW) as the primary feedstock for energy production. Municipal biorefineries developed using our technology have the potential to:
-- Reduce the costs of transporting waste long distances for disposal. -- Dramatically reduce pollution released into the environment by the disposal of municipal solid waste. -- Reduce the amount of material going into landfills by as much as eighty five percent. -- Increase the amount of recyclable materials that can be recovered from municipal solid waste. -- Generate biofuels and other usable energy products at competitive prices.
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 feedstocks. Our combined technologies will avoid 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.
By focusing on cellulosic biomass produced from curbside garbage where an existing collection and disposal infrastructure has existed for many years, our business model presents substantial economic advantages relative to other models dependant on agriculturally derived feedstocks or wood waste for the production of cellulosic ethanol.
For more information, please email CleanTech Biofuels at
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, Inc. with the Securities and Exchange Commission. Any forward-looking statements contained in this news release represent judgments of the management of CleanTech Biofuels, Inc. as of the date of this release.
