SOURCE: Clean Energy Pathways, Inc.

Clean Energy Pathways, Inc.

March 17, 2011 10:12 ET

Clean Energy Pathways' New Energy Auditing Division Off to Strong Start

DOTHAN, AL--(Marketwire - March 17, 2011) - Clean Energy Pathways, Inc. (PINKSHEETS: CPWY), a renewable energy solutions company, has established an energy auditing division that is already experiencing considerable success. This high-margin consulting business maps out energy conserving plans for customers, often leading to retrofit business opportunities for the company, according to Michael Parsons, CEO of Clean Energy Pathways. 

"The audit results are impressive," said Tim Goodwin, Executive Vice President of American Club Systems, a Columbus, Georgia, company whose health and fitness centers were recently audited. "The audit showed how we can reduce monthly power expenses by thousands of dollars in several locations, and we'll recover the cost of the recommended retrofits in less than 10 months, based on savings."

"While profitable on their own, audits open a critical pathway for us to approach municipal and commercial customers with other energy conserving solutions we offer," said Parsons. "This has proven to be a successful strategy for us in gaining several important projects, and we'll continue to develop this capability."

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

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 circumstances, events or results to differ materially from the forward-looking statements. You should consider these factors in evaluating the forward-looking statements included 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. undertakes no obligation to update such statements.