SOURCE: Cleantech Transit, Inc.

February 21, 2013 09:49 ET

Cleantech Transit, Inc. (CLNO) Acquires From Crown Equity Holdings Inc.

LAS VEGAS, NV--(Marketwire - Feb 21, 2013) - Cleantech Transit, Inc. (OTCQB: CLNO) today announced that it has acquired from Crown Equity Holdings Inc., Crown Buy Rite (website:

"The acquisition of will allow Cleantech Transit, Inc. to use its e-commerce proprietary hardware and software technologies as an effective online manufacture and wholesale B2B directory. A platform designed for buyers and sellers from all over the world to have their own storefront marketplace. In fact, even the smallest businesses can be more competitive through the power of's online marketplace," stated Kenneth Bosket, President of Cleantech Transit, Inc.

" is an attractive opportunity that is aligned with our company's strategies of driving additional long-term growth and shareholder returns," Mr. Bosket added.

About Cleantech Transit, Inc.

The Company's mandate is to create opportunities utilizing advances in technology and manufacturing processes in order to develop significant market share in the alternative clean energy sector. With the growth in green energy initiatives, the Company has expanded its focus to invest directly in specific projects that will maximize shareholder value. Recent advances in the technology of converting wood waste into power have greatly enhanced the economic value of the Company's systems. A Biomass division was launched led by Phoenix Energy to focus exclusively on generating greater returns for manufacturing clients worldwide. For more information please visit the Company's website at

About Crown Equity Holdings Inc.

Together with its digital network of Websites, offers advertising branding and marketing services as a worldwide online multi-media publisher. The company focuses on the distribution of information for the purpose of bringing together a targeted audience and the advertisers that want to reach them. Its advertising services cover and connect a range of marketing specialties, as well as provide search engine optimization for clients interested in online media awareness. For more information visit:

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