SOURCE: Cleantech Transit, Inc.

Cleantech Transit, Inc.

April 07, 2010 10:40 ET

Cleantech Transit Completes Name Change and Commences Trading as CLNO --- Change Paves Way for Move Into Clean Technology Urban Transit Sector

SCOTTSDALE, AZ--(Marketwire - April 7, 2010) -  Cleantech Transit, Inc. (OTCBB: CLNO) formerly Patterson Brooke Resources Inc. (OTCBB: PABR) (the "Company") wishes to announce that effective immediately the company shall henceforth operate under the name CLEANTECH TRANSIT, INC. ("Cleantech"), which best reflects Management's decision to undertake a new business direction and shifted interests to the clean technology transportation sector. The Company will trade on the Over-the-Counter Bulletin Board ("OTCBB") under the symbol CLNO.

Cleantech aims to develop opportunities utilizing advances in technology and manufacturing processes in order to develop significant market share in the growing clean energy public transportation sector.

As previously announced, the Company has entered into a Letter of Intent ("LOI") to acquire certain intellectual property, technology, designs and manufacturing techniques for hybrid buses and motor coaches in a deal which is anticipated to close by the end of May or earlier if warranted. The acquisition of these assets will immediately propel the Company into the forefront of an exciting new era in urban mass transit.

Additional details regarding the Company, its appointments, finances and agreements are filed as part of the Company's continuous public disclosure as a reporting issuer under the Securities Exchange Act of 1934 filed with the Securities and Exchange Commission's ("SEC") EDGAR database.

Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new business opportunities and development stage companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

ON BEHALF OF THE BOARD

Cleantech Transit, Inc.
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Ian McAvoy, President & CEO

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