Clean Energy Pathways Signs Letter of Intent to Supply Bio-Diesel to Dorly Petroleum

Clean Energy Pathways, Inc. (Pink Sheets:CPWY), an alternative and renewable energy solutions company, has signed a letter of intent to provide 40,000 barrels (1,680,000 gal) of ASTM-grade bio-diesel to Dorly Petroleum, pending final price negotiation. Dorly Petroleum, headquartered in Calverton, MD, is a fuel distributor serving domestic and foreign customers with a variety of energy sources that include bio-diesel and refined petroleum products. Clean Energy Pathways will supply B-99.9 bio-diesel which will be combined with petroleum fuels by Dorly to yield the required final blends.

"Dorly is one of several fuel distributors we have diligently cultivated as potential long-term customers for large monthly supplies of ASTM-grade bio-diesel," said Greg Clemons, President and CEO of Clean Energy Pathways. "The signed letter of intent is a positive indicator as we advance through the final price negotiation phase. We look forward to serving Dorly and working closely to ensure success."

Clean Energy Pathways' announced merger with Atlas Capital Holdings is proceeding on schedule, Clemons added. Depending on the timing of the SEC's review of documents, the two companies anticipate completion of the merger sometime in August.

About Clean Energy Pathways

Clean Energy Pathways, Inc. is a company focused on multiple solutions to aid businesses and government facilities in attaining energy independence, reduced costs, and a cleaner environment. These pathways to energy independence include bio-fuels, solar systems, building energy management systems and other technologies, as well as financing of, and gain sharing in, the improvements. For more see cleanenergypathways.com

The Clean Energy Pathways, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=9449

About Dorly Petroleum

Dorly Petroleum is an IRS 637 licensed fuel distributor that provides diverse energy sources, which include bio-diesel and refined petroleum products. Based in Calverton, MD, the company provides fuel to both domestic and foreign customers.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are subject to risks and uncertainties that could cause future results to differ materially from the forward-looking statements. You should consider these factors in evaluating the statements herein, and not rely on such statements. The forward-looking statements in this release are made as of the date hereof and Clean Energy Pathways, Inc. and Atlas Capital Holdings, Inc. undertake no obligation to update such statements.

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