Clean Power Technologies Inc.
OTC Bulletin Board : CPWE
FRANKFURT : C1L

Clean Power Technologies Inc.

March 10, 2009 09:30 ET

Clean Power Wins Sussex Express Business Award for Innovation

CALGARY, ALBERTA--(Marketwire - March 10, 2009) - Clean Power Technologies Inc. (OTCBB:CPWE) (FRANKFURT:C1L), developer of a unique heat recovery and hybrid power system to reduce vehicle emissions, is pleased to announce it has won the Innovation In Business prize at the Sussex Express Business Awards. Abdul Mitha, CEO, collected the award at a gala dinner held on 20 February 2009 in Uckfield, at the heart of the county of sustainable Sussex; home to environmental businesses as diverse as The Body Shop (cosmetics), Cogenco (combined heat & power) and NewEnCo (gas microturbines).

Clean Power has the potential to revolutionise automotive engines by improving their efficiency by up to 40%. The Company has developed a technology called CESAR (Clean Energy Storage and Recovery) which is designed to increase vehicle fuel economy and reduce emissions by reusing otherwise wasted heat from the exhaust of a conventional combustion engine. A heat exchanger captures waste energy, which is then stored in the form of steam in an accumulator, for 'on demand' use either in the same 'primary' engine, or in a secondary engine. Power can be produced solely by the secondary engine even after the primary combustion engine has shut down - for instance to power auxiliary truck systems, such as trailer refrigeration and cab cooling or heating.

The Sussex Express Business Awards is an annual gathering of local growth businesses many of which, like Clean Power, have benefitted from world class R&D expertise at the highly respected University of Sussex in Brighton. Clean Power was shortlisted against three other promising firms for the Innovation in Business award; one of 13 categories presented during the evening. The award recognises a business that has created a buzz in the market either through its innovative technology or its market potential.

Abdul Mitha, President and CEO of Clean Power, said: "We are extremely proud to have won the award for Business Innovation, Clean Power's first. This accolade reflects the tremendous efforts of our scientific, management and marketing teams; it will add further to Clean Power's reputation as a leading developer of hybrid fuel technology. Whilst based on a traditional form of energy, steam, Our CESAR technology is truly innovative and I am very pleased that this has been recognised by our local community. The science behind our hybrid system was initially developed at Sussex University and many of our talented employees are from the region. This award is a testament to their dedication to, and vision for, a local business that has the capacity to overturn the environmental and economic performance of petrol and diesel powered engines."

ABOUT CLEAN POWER TECHNOLOGIES

Clean Power Technologies is committed to developing hybrid fuel technology and alternative fuel for a range of vehicles, including locomotives, heavy trucks and light cars. The Company's proprietary technology significantly reduces pollution through its Clean Energy Storage and Recovery (CESAR) system, which takes otherwise wasted heat from the exhaust of a conventional combustion engine and modifies it through a heat recovery system to generate clean power for the vehicle.

Clean Power Technologies has cooperative research and development agreements in place with one of the USA's largest grocery chains, freight haulage companies and international engineering corporations.

Testing of the CESAR system on a Caterpillar C15 diesel engine has recorded a dramatic 40% improvement in fuel efficiency, with a corresponding reduction in the level of emissions. The Company is in advanced stage of the development of this engine, designed for the provision of auxiliary power and trailer refrigeration within the industrial vehicle and grocery truck industries.

The Company boasts a highly experienced engineering team, whose vision and technical capabilities are driving the implementation of this unique hybrid fuel technology. Clean Power Technologies operates out of its development facility in Newhaven, East Sussex, UK.

The Company is listed on XETRA on the Frankfurt Stock Exchange and is also traded on the OTC BB in the USA.

About CESAR

Clean Power's Clean Energy Storage and Recovery (CESAR) technology is designed to increase vehicle fuel economy and reducing emissions by capturing, storing and reusing otherwise wasted heat from the exhaust of a conventional combustion engine. A heat exchanger captures waste energy, which is then stored in the form of steam in an accumulator, for 'on demand' use either in the same 'primary' engine, or in a secondary vapour engine. Power can be produced solely by the secondary vapour engine even after the primary combustion engine has shut down.

The CESAR system can be used to power auxiliary truck systems, such as trailer refrigeration and cab cooling or heating, in regulatory 'no idle' and 'quiet' zones. In addition to initial truck applications, CESAR can be further applied in Clean Power's well developed passenger car programme and also in the locomotive and marine sectors.

DISCLAIMER

Forward Looking Statements -- The information contained herein regarding risks and uncertainties, which may differ materially from those set forth in these statements, in addition to the economic, competitive, governmental, technological and other factors, constitutes a 'forward-looking statement' within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995 and is subject to the safe harbors created thereby. While the company believes that the assumptions underlying such forward-looking information are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the forward-looking information will prove to be accurate. Accordingly, there may be differences between the actual results and the predicted results, and actual results may be materially higher or lower than those indicated in the forward-looking information contained herein.

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