China Clean Energy Inc. (OTC Bulletin Board: CCGY - News; ''China Clean Energy'', ''the Company''), a leading producer of biodiesel fuel and environment friendly specialty chemical products made from renewable resources in The People's Republic of China (''PRC''), today announced that the Company's Chairman and Chief Executive Officer, Mr. Tai-ming Ou, the Chief Operating Office, Mr. Ri-wen Xue and the Chief Financial Officer, Mr. Gary Zhao, are scheduled to present at The Roth Capital 19th OC Conference in Dana Point, California on Wednesday, February 21st 2007 at 9:00 AM PST (12:00 AM EST).
The presentation will be available to all interested parties at the Investor Relation's section of China Clean Energy' website: http://www.chinacleanenergyinc.com . For those unable to participate during the live broadcast, a replay will be available shortly after the presentation on the China Clean Energy website for 30 days.
Over 100 leading public companies will be presenting at The Roth Capital Partners 19th OC Conference at the Ritz-Carlton, Laguna Niguel in Dana Point, California. Analysts and portfolio managers who wish to attend the presentation should contact Isabel Mattson-Pain at IMattson-Pain@rothcp.com to request additional information.
About China Clean Energy
China Clean Energy, through its wholly-owned subsidiary, Fujian Zhongde Technology Co., Ltd., is engaged in the development, manufacturing, and distribution of biodiesel fuel and specialty chemical products made from renewable resources. Since its inception, the Company has been engaged in the manufacture of high-quality specialty chemical products from renewable resources. Through its research and development efforts, the Company developed a proprietary process for refining biodiesel fuel from waste grease and certain vegetable oils. Using this proprietary process, the China Clean Energy began producing biodiesel in 2005 and commenced selling biodiesel commercially starting in December 2005.
Safe Harbor Statement
This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to, the Company's ability to raise additional capital to finance the Company's activities; the effectiveness, profitability, and the marketability of its products; legal and regulatory risks associated with the share exchange; the future trading of the common stock of the Company; the ability of the Company to operate as a public company; the period of time for which its current liquidity will enable the Company to fund its operations; the Company's ability to protect its proprietary information; general economic and business conditions; the volatility of the Company's operating results and financial condition; the Company's ability to attract or retain qualified senior management personnel and research and development staff; and other risks detailed in the Company's filings with the Securities and Exchange Commission. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the companies and the industry. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or to changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward looking statements are reasonable, they cannot assure you that their expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results.