Business Services Industry

Clean Energy Proceeds With Plan to Complete New US Exchange Listing Registration Upon Audit Completion

Business Wire, Sept 25, 2008

SACRAMENTO, Calif. -- Clean Energy, Inc. (1998 Nevada) (Pink Sheets:CLER) is engaged in completing an audit of its financial statements and preparing Edgar filings for the US Securities and Exchange Commission (US SEC) that commenced in early July and scheduled for completion prior to the end of 2008.

On September 18th, 2008, the US SEC revoked our trading symbol CLER due to our past US SEC filings not being current.

Our management is proceeding with a plan of action to complete a new registration for listing on a US exchange upon our audit and Edgar filings being completed.

The company is in the process of selecting an independent business-consulting firm to conduct a proper financial evaluation of Clean Energy, Inc. including the review of its technology licenses, business plan, sales results, and sales projections.

The Company is primarily focused on its development of a fleet of electric vehicles to be sold and serviced by a network of regional Clean Electric dealerships. Our objective is to continue meeting all necessary local, state, and federal permitting prior to marketing our electric vehicle products.

The Company was made aware of additional permitting requirements within the State of California and is taking steps to fulfill these requirements with its vehicle suppliers.

As a result, the official launch of our products has been delayed by a minimum of 60 days. Our team is making its best efforts to be able to sell its products in California within the fourth quarter of 2008.

Pursuant to the safe harbor definitions and provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, this web site contains certain forward-looking statements. Such statements use words and phrases not directly supportable as statements of present fact. Such forward looking statements are subject to certain risks and uncertainties, including, among other things, the company's business conditions, the general economic environment, reliance on performance by third parties, etc. These and other risks, uncertainties and additional factors could cause actual results to differ materially from those projected.

Clean Energy, Inc. 2313 Hassler Road, Placerville, California 95667-3714 Phone: 530-626-1599 Fax: 530-626-1681 www.cleanenergyincorporated.com

COPYRIGHT 2008 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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