Clean Diesel Technologies Schedules Conference Call to Discuss Proposed Merger With Catalytic Solutions, Inc.
05 10월 2010 - 6:26AM
Clean Diesel Technologies, Inc. (Nasdaq:CDTI), a cleantech
emissions reduction company providing sustainable solutions to
reduce emissions, announced today that it will hold a conference
call on Thursday, October 7, 2010 at 10:00 A.M. Eastern Daylight
Time to discuss the Company's proposed merger with Catalytic
Solutions, Inc. ("CSI") (LSE:CTS) (LSE:CTSU), a global
manufacturer and distributor of emissions control systems and
products.
"We look forward to communicating with our stockholders to
review the terms of the transaction and benefits that the
combination of Clean Diesel and Catalytic Solutions will provide to
our stockholders," said Clean Diesel Chairman Mungo Park.
The dial-in number for the live audio call beginning at 10:00
A.M. Eastern Daylight Time is (877) 303-9240 or (760) 666-3571 for
international callers. A live web cast of the conference call will
be available on Clean Diesel's web site at http://www.cdti.com.
Information about Clean Diesel and CSI
Clean Diesel Technologies, Inc.
Clean Diesel Technologies (Nasdaq:CDTI) is a cleantech company
providing sustainable solutions to reduce emissions, increase
energy efficiency and lower the carbon intensity of on- and
off-road engine applications. Clean Diesel's patented technologies
and products allow manufacturers and operators to comply with
increasingly strict regulatory emissions and air quality standards,
while also improving fuel economy and power.
CDTI's solutions significantly reduce emissions formed by the
combustion of fossil fuels and biofuels (without increasing
secondary emissions such as nitrogen dioxide, NO2), including
particulate matter (PM), nitrogen oxides (NOx), carbon monoxide
(CO) and hydrocarbons (HC). As a result, they are effective for:
OEMs, Tier 1 suppliers and retrofit providers; businesses entering
the emissions control market seeking solutions and expertise;
operators requiring compliant emissions solutions; fuel, biofuels
and additive suppliers seeking low emissions and energy efficient
products; and regulators creating public policy. Clean Diesel's
solutions, therefore, are ideal for such markets as: on-road
vehicles, construction, mining, agriculture, port/freight handling,
locomotive, marine, and power generation.
Clean Diesel develops and manages intellectual property from
original concept to full-scale commercial deployment. Building on
its more than 200 granted and pending patents, its offerings
include ARIS® selective catalytic reduction (SCR); the patented
combination of SCR and exhaust gas recirculation (EGR); hydrocarbon
injection for emissions control applications; Platinum Plus®
Fuel-Borne Catalyst (FBC); the Purifier™ family of particulate
filter systems; and its wire mesh filter particulate filter
technologies. CDTI was founded in 1995 and is headquartered in
Bridgeport, Connecticut. A wholly-owned subsidiary, Clean Diesel
International, LLC is based in London, England. For more
information, please visit www.cdti.com.
The Clean Diesel Technologies, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=5742
Catalytic Solutions, Inc.
Catalytic Solutions, Inc. is a global manufacturer and
distributor of emissions control systems and products, focused in
the heavy duty diesel (HDD) and light duty vehicle (LDV) markets.
Since being founded in 1996, CSI has grown from a provider of
unique catalysts to the automotive industry (gasoline and diesel
engines) to a provider of both catalysts and systems in growing
clean technology markets, including heavy duty diesel systems and
catalysts for energy systems. Catalytic Solutions' emissions
control systems and products are designed to deliver high value to
its customers while benefiting the global environment through air
quality improvement, sustainability and energy efficiency. For
more information, please visit www.catalyticsolutions.com.
Safe Harbor
Certain statements in this news release constitute
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements involve known or unknown risks, including those detailed
in the company's filings with the U.S. 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.
CONTACT: Clean Diesel Technologies, Inc.
John Wynne, Vice President, Treasurer
and Interim Chief Financial Officer
(203) 416-5290
jwynne@cdti.com
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