CALGARY, Alberta, July 20, 2006 (PRIMEZONE) -- Clean Power Technologies Inc. (OTCBB:CPWE) a developer of a unique and futuristic alternative hybrid fuel technology is pleased to announce it has retained the services of AGORACOM Investor Relations Corp. (http://www.agoracom.com ) to provide investor relations services.
AGORACOM is the exclusive provider of all content to the AOL Small Cap Centre, as well as, a small-cap content provider to Yahoo! Finance Canada and all 4.3 million Blackberry devices around the world.
The objective of this agreement is two-fold: first, to create effective communication among Clean Power, its shareholders, and the investment community through AGORACOM's Internet-based investor relations system. Effective immediately, a customized and monitored Clean Power IR HUB (http://www.agoracom.com/IR/CleanPower ) will allow both Clean Power and AGORACOM to communicate with all investors simultaneously, anytime, while providing shareholders with equal access and complete transparency to all investor relations communications. The IR HUB will also provide one-click access to the Clean Power broker fact sheet, company profile, five most recent press releases, e-mail list registration, latest stock quote and chart information, and an executive audio address updated quarterly. In addition, the IR HUB provides investors with a monitored discussion forum for the purposes of constructive and high-quality discussion about the Company that is free of spam, bashing, hyping and profanity.
Secondly, AGORACOM will be fully responsible for creating, implementing and executing an investor relations strategy. This consolidation will save management a considerable amount of time, effort and expense, allowing them to focus on core business operations, while significantly improving shareholder communications.
Clean Power's President and CEO, Abdul Mitha, stated, "We believe the time has now come to significantly increase our communications with shareholders and the investment community. The solution provided by AGORACOM fulfills our need to manage and execute an IR strategy in a cost efficient manner, while providing our management team with the ability to focus on executing the business plan. Our shareholders and company will benefit greatly from near real-time communications, regularly planned updates and increased exposure."
For all future Clean Power investor relations needs, investors are asked to visit the Clean Power IR Hub at http://www.agoracom.com/IR/CleanPower where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to CPWE@agoracom.com where they can also request their addition to the investor e-mail list to receive all future press releases and updates in real time.
About Clean Power Technologies Inc.
Clean Power Technologies Inc (CPTI) is developing a unique and futuristic alternative hybrid fuel technology. CPTI is developing power trains for a range of hybrid vehicles from locomotives, through heavy trucks to light cars. The hybrid principle minimizes local, urban pollution by restricting combustion engine usage to open areas and adopting auxiliary closed cycle operation in controlled areas.
The key to success is the CESAR principle of Clean Energy Storage And Recovery. In this, otherwise wasted heat from a combustion engine exhaust and cooling system is stored in saturated water up to a specified pressure. This is allowed to fall in a separate auxiliary operation with a vapour engine.
Development of a sophisticated control system to permit joint combustion and vapour operation in open areas will reduce global pollution by offering halved fuel consumption for internal combustion engines.
About AGORACOM Investor Relations Corp.
AGORACOM Investor Relations Corp. (AGORACOM) is North America's leading outsourced investor relations firm for small-cap companies. AGORACOM's exclusive IR HUB delivers two-way investor relations and communications that provides 100% transparency, accessibility, equality and near real-time communications for all shareholders and the investment community. The digital delivery of investor relations also provides public companies with savings over traditional services ranging from 50-60%. AGORACOM is a private company founded by President George Tsiolis and has specialized in small-cap investor relations since 1997. AGORACOM currently does not have any direct or indirect interest in Clean Power, nor the intent to acquire any such interest, other than the options disclosed as part of the terms of the announced agreement.
The AGORACOM Investor Relations logo is available at http://www.primezone.com/newsroom/prs/?pkgid=2200
AGORACOM is located in Toronto, Ontario.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors including, but not limited to, those set forth in current and periodic reports and other documents filed by Clean Power Technologies with the U.S. Securities and Exchange Commission. Clean Power Technologies undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.