Market Alert: CLTH Is on the Move!

MIAMI, FL "stocks on the move" for Wednesday includes: CleanTech Biofuels, Inc. (OTCBB: CLTH), Evergreen Solar, Inc. (NASDAQ: ESLR), LDK Solar Co. Ltd. (NYSE: LDK) and Gilead Sciences, Inc. (NASDAQ: GILD).

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With major breaking news just released, Wall Street Press Wire is continuing its in-depth coverage of CleanTech Biofuels, Inc. (OTCBB: CLTH), a development stage company with technology capable of converting municipal solid waste into ethanol.

Tuesday after the markets closed, the company issued an important press release announcing the signing of an agreement with Biomass North America Licensing, Inc. to acquire the company via merger.

This news should be welcomed by the company and its investors! Biomass North America Licensing, Inc. owns the rights to use a proprietary and patent pending technology for the production of cellulosic biomass from municipal solid waste in the United States and Canada. CleanTech will issue the shareholders of Biomass North America, 2,000,000 shares of its common stock at Closing and an additional 4,000,000 shares of its common stock upon commencing a commercial development using the technology.

The agreement provides for the development of a commercial site using the licensed technology at a transfer station currently operating in Chicago, Illinois. The proposed site for the commercial development is owned by a principal shareholder of Biomass North America.

This acquisition will complement CleanTech's existing Pressurized Steam Classification Technology for the production of fuel ethanol, and is expected to enable the Company to enter the additional business line for the production of renewable electricity from municipal solid waste.

The Biomass North America technology is currently being operated at a commercial plant in Australia where the cellulosic biomass produced from municipal solid waste is being utilized as a soil amendment. Ed Hennessey, CEO of CleanTech Biofuels, Inc., stated: "We are very pleased to acquire this new technology and anticipate moving quickly to deploy it in a commercial setting for the production of renewable energy."

CleanTech Biofuels, Inc. is a development stage company with technology capable of converting municipal solid waste into ethanol. By using the existing infrastructure for municipal solid waste collection and disposal to collect biomass at negative feedstock cost, the Company expects to achieve profitability quickly relative to other ethanol producers who must develop their infrastructure to collect and transport more expensive feedstocks such as sugar cane, corn or even switch grass, wood waste, or corn stover.

Wall Street Press Wire's in-depth profile for CleanTech Biofuels is available at: http://www.wallstreetnewsalert.com/HotStocks/CLTH071508/default.aspx.

The stock closed Tuesday at $1.00 a share.

Evergreen Solar, Inc. (NASDAQ: ESLR) up 11.4% on 25.1 million shares traded.

Evergreen Solar, Inc. develops, manufactures and markets solar power products for residential and commercial applications globally.

LDK Solar Co. Ltd. (NYSE: LDK) up 5.6% on 3.1 million shares traded.

LDK Solar is a leading manufacturer of multicrystalline solar wafers, which are the principal raw material used to produce solar cells. LDK Solar sells multicrystalline and mono-crystalline wafers globally to manufacturers of photovoltaic products, including solar cells and solar modules.

Gilead Sciences, Inc. (NASDAQ: GILD) up 2.7% on 10.3 million shares traded.

Gilead Sciences is a biopharmaceutical company that discovers, develops and commercializes innovative therapeutics in areas of unmet medical need.

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