Cleantech Transit Inc. (CLNO)

Biomass provides a clean, renewable energy source that can improve the environment, economy and energy security. Biomass is available throughout the world. Biomass Energy resources consist of wood wastes, agricultural crops and their wastes, municipal wastes, food processing waste and aquatic plants and algae. Biomass can be converted into transportation fuels such as ethanol, methanol, bio-diesel. Bio-fuels are used in pure form or blended with gasoline. Ethanol is made by fermenting biomass in a process similar to brewing beer. The primary resource of electricity from biomass is through direct combustion.

Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. Cleantech Transit Inc has expanded its focus to invest directly in specific green projects that could maximize shareholder value. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech Transit Inc. has selected to invest in Phoenix Energy (www.phoenixenergy.net).

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