Hittite Microwave Corporation (Nasdaq:HITT) announced that it will be presenting at the following conferences on Tuesday, September 13, 2011 3:15 p.m. ET and Thursday, September 15, 2011 3:20 p.m. PT
Hittite Microwave Corporation designs and develops integrated circuits (ICs), modules, subsystems, and instrumentation for technically demanding radio frequency, microwave, and millimeterwave applications worldwide.
Cleantech Transit, Inc. (CLNO.OB)
Phoenix Energy is an owner/operator of small-scale distributed energy plants that produce electricity, heat and biochar in partnership with businesses in the Ag, forestry and urban biomass sectors. The Company promotes a model of sustainability by bringing small, sustainable power plants to the site of energy demand and biomass residues.
CLNO is in the final stages of closing its initial interest in the Merced Project and is currently working on completing the necessary documentation and expects closing the transaction soon. As previously announced Cleantech Transit, Inc. has the option to earn up to 40% of the Merced Project and the Company plans to continue to work towards increasing its interest in the Merced Project as we move ahead.
The Phoenix Energy technology used in Merced essentially cooks the biomass in an oxygen-deprived environment to release the elemental gasses from the wood. In the process biomass is converted into a carbon rich biochar. With the carbon fixed in solid form this process not only provides a valuable soil amendment but also serves as a source of carbon sequestration.
Cleantech Transit, Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. The Company has expanded its focus to invest directly in specific green projects that can maximize shareholder value. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech has selected to invest in Phoenix Energy (www.phoenixenergy.net). This project can generate shareholder returns as well benefit the Company's manufacturing clients worldwide.
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