Clean Diesel Share Discussion Threads

[grimbo] 13/10/2003 12:23

Looks interesting. Taken a small punt while I research.

[babolat] 13/10/2003 12:18

FUR - They are quoted on the London Stock Exchange (AIM market), I bought some today thru Stocktrade - you've been misinformed.

[fur] 13/10/2003 12:10

Apparently I cannot buy (even though i have owned in the past) because this is a canadian stock and the market is closed. Does any one have any light to shed on this excuse?

[fur] 13/10/2003 11:36

cannot get hold of any for love or real money at the moment. Never had so many failed executions orders before. I belive it will probably fly when Nas opens

[soysoy] 13/10/2003 11:26

boght this share at 240 but fell half the next day
then no one seem bother this stock for about 2years
seem a small rise last month and thought some thing was going to happen
its on the nasdca so i think when american opens it will go high

[pyman] 13/10/2003 10:56

wow-tight stock! not much volume here and 50% rise.

[pyman] 13/10/2003 08:44

Anyone been following this co have an idea as to size of market opportunity and likely margin the co may earn. Looks like a fantastic product!

[soysoy] 13/10/2003 08:02

LONDON (AFX) - Clean Diesel Technologies Inc said it has received US
Environmental Protection Agency verification of emissions reduction performance
of its Platinum Plus(R) Purifier System for retrofit to 1988-1993 diesel
engines.
Rigorous engine dynamometer testing of the Platinum Plus Purifier System
after 1,000 hours of commercial service shows that the system more than doubles
the particulate matter (PM) reduction offered by traditional diesel oxidation
catalysts (DOCs) currently in use, without increasing nitrogen dioxide (NO2)
emissions, the company said in a statement.
Reductions of 40-50 percent in PM emissions were measured at Southwest
Research Institute (SwRI) on a 1991 certified Cummins medium heavy-duty diesel
engine typical of those used in school buses, municipal buses, delivery trucks
and refuse haulers.
Clean Diesel intends to supply verified systems directly to end-users and
through a planned network of licensed distributors. The Platinum Plus FBC can be
delivered pre-blended in fuel by licensed fuel suppliers, or added to fuel
on-site by end-users using automatic dosing systems. Several on-board dosing
systems are also under development.
[e-mail]
ra

[soysoy] 03/10/2003 23:57

29 September 2003


Clean Diesel Technologies, Inc.

300 Atlantic Street, Suite 702, Stamford, CT 06901-2522 Tel: [phone] Fax: [phone]


NEWS RELEASE for September 29, 2003 at 2:30 am EDT and 7:30 am GMT (London time)

Contact: Allen & Caron Inc or Clean Diesel Technologies, Inc.
Jay F. McKeage (US investors) James M. Valentine, President
[phone]; [e-mail] David W. Whitwell, CFO
Len Hall (US media) [phone]
[phone]; [e-mail]
Bankside Consultants
Simon Bloomfield (UK media/investors)
44 (0)20 7444 4140; [e-mail]

CLEAN DIESEL TECHNOLOGIES SIGNS COMMITMENT LETTER WITH MITSUI SUBSIDIARY TO
PARTICIPATE IN $3.8 MILLION FINANCING

Expands Strategic Partnership for Diesel Emissions Control


STAMFORD, CT (September 29 , 2003) ... Clean Diesel Technologies, Inc. (CDT)
(EBB:CDTI & AIM:CDT/CDTS) announced today that Mitsui & Co. Ltd's subsidiary PUREarth Inc.
has participated in the recently announced $3.8 million private placement of
CDT's common stock along with several UK based shareholders.

According to James Valentine, President & COO of CDT, 'We are delighted with the
equity investment by PUREarth in CDT. It reflects the growing strength of the
mutual relationship between CDT and Mitsui which started with the ARIS Urea SCR
NOx Reduction technology and has expanded to our combined efforts to
commercialize CDT's fuel-borne catalyst (FBC) technology using PUREarth's
catalyzed wire mesh filter (CWMF). As a result, once we have achieved the
verifications required, we will be in a strong position to generate significant
revenues in the US diesel engine retrofit market.'

CDT and PUREarth have been working since December 2002 on several
programs to verify the emissions reduction performance of PUREarth's CWMF and
CDT's Platinum Plus(R) FBC. Two separate engine test programs conducted at
Southwest Research Institute (SwRI) have shown particulate reductions of 65 to
70 percent with hydrocarbons (HC) and carbon monoxide(CO) reductions of over 75
percent. The greater than 50 percent reduction in particulate matter would
qualify as a level two verification under the California Air Resources Board
(CARB) Diesel Risk Reduction program targeting retrofit controls to over 1.2
million engines. In addition, emissions of nitrogen dioxide (NO2) have been
minimized by specifically designing the CWMF to operate with FBC-treated fuel.
Traditional heavily catalyzed filter systems can cause dramatic increase in NO2
which is a strong lung irritant. Besides the emissions tests, the companies
have completed a 225-hour accelerated durability test of the system at SwRI
representing about 500 hours of local delivery service. Performance of the
system was maintained even over the aggressive durability test cycle.

Several FBC/CWMF systems have been placed in commercial service on refuse trucks
in California and beverage delivery trucks in Texas using automatically dosed
FBC-treated fuel. These applications represent the toughest conditions for a
filter due to low exhaust temperatures and higher soot emissions from older,
dirtier engines built in 1990-1993. The FBC reduces engine-out



MORE-MORE-MORE



CLEAN DIESEL SIGNS COMMITMENT LETTER WITH MITSUI SUBSIDIARY

Page 2-2-2



soot by 15-25 percent and assists in further oxidizing soot that collects in the
specially catalyzed CWMF. This prevents plugging of the filter with soot even
at low exhaust temperatures. Following the required 1,000 hours of field service,
units will be retested at SwRI to support verification under EPA and CARB
programs. Testing is planned for fourth quarter 2003. Proceeds from the recent
fundraising will be used to support verification programs and for sales,
technical services and other commercial activities.

Under a previously announced Memorandum of Understanding, initially
PUREarth will manufacture the CWMF devices in Japan and CDT will provide
application engineering and marketing in the US, as well as selling and
distributing the FBC. CDT is also managing the CARB and EPA verification
programs. CDT and PUREarth are continuing discussions with several potential
marketing and distribution partners in the US to address both the retrofit and
new vehicle market for diesel particulate reduction.

To begin with the FBC/CWMF system will be targeted at school bus fleets,
delivery vehicles and refuse trucks. It will provide a lower cost solution to
end users without the excessive NO2 generation that characterizes traditional
heavily catalyzed systems.

About Mitsui & Co., Ltd.

Mitsui & Co., Ltd. is one of world's largest and most diversified international
trading companies, with business extending from chemicals to steel and metals to
transportation machinery. Its Inorganic Chemical Group, together with a unit of
Mitsui & Co.(USA), Inc., Mitsui's wholly-owned U.S. subsidiary headquartered in
New York City, is working with several industrial partners active in
engineering, fuels and heavy-duty vehicles to address diesel engine emissions in
Japan. Mitsui has formed a wholly owned subsidiary, PUREarth to address diesel
particulate emissions and has a 50 percent ownership in Denox Inc. focused on
diesel NOx control. Mitsui also holds the exclusive license on CDT's ARIS NOx
control technology for Japan.

About Clean Diesel Technologies, Inc.

Clean Diesel Technologies, Inc. is a specialty chemical company with patented
products that reduce emissions from diesel engines while simultaneously
improving fuel economy and power. Products include Platinum Plus(R) fuel
catalysts and the ARIS(R) 2000 urea injection systems for selective catalytic
reduction of NOx. Platinum Plus and ARIS are registered trademarks of Clean
Diesel Technologies, Inc.


For more information contact Clean Diesel Technologies directly, or visit their
web site at www.cdti.com.


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 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.

# # # #


This information is provided by RNS
The company news service from the London Stock Exchange

[soysoy] 11/8/2003 20:32

i have got shares in theres but nothing seems to thees days

[latifs100] 05/8/2003 18:39

is this gone bust, hardly traded now, any one any info, thanks in advance.

[glennborthwick] 18/3/2003 17:36

looking into these

[yas0] 25/9/2002 16:30

surely todays news is good news for cdt.........im surprised to see only 10k traded...and no movement in price

[jetvan] 13/9/2002 13:26

Time to tuck away is after the pending right issue.

[a0502162] 12/9/2002 15:01

This is one to tuck away for your pension.............legislation is on its side and the environment issues are only going to get more attention and backing.

[monotub] 11/9/2002 15:46

MBD TO FLY 12P SOON !!!!!!!!!!!!!!!!!

[yas0] 11/9/2002 15:45

jetvan


well..its sort of positive........but contracts really do need to be signed sooner rather than later

[jetvan] 10/9/2002 16:55

Yas for what its worth ...

"
Thank you for your interest in Clean Diesel Technologies. Share prices of emerging technology companies tend to be volatile by
nature. The Company is working on a number of initiatives that we hope to be able to announce in the coming months. Our
August 13, 2002, press release did mention two high profile Platinum Plus evaluation programs that confirmed in excess of 10%
and 7% improvement of miles per gallon.

California has indeed passed regulations requiring reduced diesel emissions for trucks, buses and other diesel vehicles. The
regulations phase in between 2002 and 2007. Clean Diesel has applied for verification of its Platinum Plus fuel additive with
California and expects to begin the test and durability program shortly. Hopefully this information is helpful.

David W. Whitwell
Vice-President & CFO
Clean Diesel Technologies, Inc.
203-327-7050

[yas0] 10/9/2002 16:17

jetvan.........

there are stories doing the rounds about p[otential commercial agreements.as we all know however stories are just that until they are made fact......i will check on the cash situation (i think a mrkt cap of 15m sounds high if only 8 mths or so cash left), at recent agm this was not highlighted as a concern.....
but its a thiinly traded stock and any whispers of a rights issue would send this down quicker than the titanic

best regards

yas

[jetvan] 10/9/2002 11:36

Yas0 ... if CDT don't come up with signifcant sales v soon then a rights
issues is v likely. They have 2M in the bank and cash burn of 3.5M....
In the present climate .. environmental concerns are not top of the US agenda.
I can see CDT falling to 50p ... IMO

[yas0] 10/9/2002 10:41

this stock continually gets marked down on no volume........

[jetvan] 06/9/2002 15:18

CDT will hit lows of 50p very soon IMO.
The company has low sales , and burning cash at an increasing rate.
CDT has a cash burn rate of about 3.5M a year , and 2M in the bank ....

Work the maths out for yourself !

[bigface] 14/8/2002 22:14

One to watch says the Independent? New to this one, but the product sounds interesting, but the price of platinum also needs to be watched!

[salpara111] 13/8/2002 08:58

Well, that was pretty horrendous.
Revenues down by 90%. One usually assumes that revenues will be in their strongest growth period at this stage in the product life cycle.
I just dont see a clear explanation as to why they basically sold nothing in the last 6 months. I have been watching for a while and was encouraged by the last set of results but have been burnt once too often by small companies promising the world so I decided to wait until we had a clear profit position and all I can say is that I am bloody glad that I did!
I would imagine that they will be very heavily marked down from here.
I also feel that they should have issued a profits warning given the total collapse in sales so I would view the management with a healthy dose of suspicion.
I suspect that we will see sub 50 pence in the next few months.

[egoi] 25/7/2002 16:08

Obviously not RAC. Next you'll be telling us to buy Seymour Pierce again. LOL.