CDTi to Showcase DuraFit(TM) at Upcoming Industry Events and Launches Website
January 15 2015 - 8:30AM
Clean Diesel Technologies, Inc. (Nasdaq:CDTI) ("CDTi" or the
"Company"), a leader in advanced emission control solutions, will
exhibit its DuraFit™ product line of original equipment
manufacturer (OEM) replacement diesel particulate filters (DPFs) at
the following trade shows for the medium and heavy duty vehicle
parts aftermarket.
Heavy Duty Aftermarket Week (HDAW) January
27-28, 2015 Mirage Hotel & Events Center, Las Vegas Booth
Number 2011
Mid-America Trucking Show (MATS) March 26-28,
2015 Kentucky Expo Center, Louisville, KY Booth Number 60104
DuraFit™ Launches New Website
CDTi is also pleased to announce the launch of the new DuraFit™
website. Located at www.durafit-exhaust.com, this website provides
additional information regarding the features and benefits of
DuraFit™ DPFs, along with links to download video, sales literature
and the DuraFit™ product catalog.
According to Greg Borden, Commercial Director for DuraFit™,
"This website helps communicate the distinct advantages of DuraFit™
replacement DPFs — differentiating DuraFit™ from substandard
products, including remanufactured and offshore units. It
underscores our position of 'Designed to Fit. Built to Last.™' and
provides a very valuable resource to expand the DuraFit™
distribution channel and support our marketing outreach
efforts."
Growing Distribution for DuraFit™
Based on a 2012 industry report, the market for medium and heavy
duty vehicle after-treatment maintenance and repair is projected to
grow from $0.5 billion in 2010 to $3.0 billion by 2017.
According to Ian MacDonald, CDTi's Vice President of Sales, "The
medium and heavy duty aftermarket segments are just starting to
recognize this multi-million dollar opportunity for replacement
DPFs. And savvy aftermarket channel members are looking for quality
units to avoid the high return rates associated with off-shore and
remanufactured DPFs. We have proactively developed our
DuraFit™ DPFs to directly address this opportunity, and we are now
focused on growing the distribution reach of this exciting new
product."
Designed and manufactured in North America, DuraFit™ DPF's are
exact-fit OEM replacements; meet or exceed OEM emissions
requirements; are backed by an industry-leading 18-month, unlimited
mileage warranty; and are fully-supported by a growing distributor
network and field application specialists.
In addition, recent advertisements highlight the value and
performance of DuraFit™ products. Click links below to view.
- Heavy Duty Trucking, November issue, page
79: http://heavydutytrucking.epubxp.com/i/413586
- Fleet Maintenance, November / December issue, page 43:
http://www.readoz.com/publication/read?i=1064950#page1
For more information on CDTi's line of DuraFit™ products, please
visit the new website at www.durafit-exhaust.com, email us at
info@durafit-exhaust.com or call us toll free at
1-800-753-3212.
For information on CDTi retrofit or other heavy-duty diesel
emission systems, visit www.cdti.com, email us at infoca@cdti.com
or call us toll free at 1-800-661-9963 or 1-905-707-7746.
About CDTi
CDTi manufactures and distributes vehicle emissions control
products that leverage its advanced materials technology. CDTi
utilizes its proprietary patented Mixed Phase Catalyst (MPC®)
technology and other related technologies to provide high-value
sustainable solutions to reduce emissions, increase energy
efficiency and lower the carbon intensity of on- and off-road
combustion engine systems. Reflecting its continued focus on
innovation, CDTi is developing and commercializing proprietary
advanced low-platinum group metal (PGM) catalysts including
synergized-PGM (SPGM™), as well as zero-PGM (ZPGM™) catalysts. CDTi
is headquartered in Oxnard, California and has operations in the
U.K., Canada, France, Japan and Sweden. For more information,
please visit www.cdti.com.
Forward-Looking Statements
Certain information contained in this press release constitutes
forward-looking statements for purposes of the safe harbor
provisions of The Private Securities Litigation Reform Act of 1995.
Any statements contained herein that are not statements of
historical fact should be considered forward-looking statements.
You can identify these forward-looking statements by the use of the
words "believes", "expects", "anticipates", "plans", "may", "will",
"would", "intends", "estimates", and other similar expressions,
whether in the negative or affirmative. Forward-looking statements
are based on a series of expectations, assumptions, estimates and
projections which involve substantial uncertainty and risk. In this
document, the Company includes forward looking statements regarding
the: (a) benefits of DuraFit™ DPFs and their ability to address
market opportunities or meet or exceed emissions requirements; (b)
distribution channels and product support; (c) availability of
warranty coverage; (d) CDTi's ability to utilize MPC® technology
and other related technologies to achieve intended results; and (e)
CDTi's ability to develop and commercialize proprietary advanced
low- or zero-PGM catalysts. In general, actual results may
differ materially from those indicated by such forward-looking
statements as a result of risks and uncertainties, including, but
not limited, to (i) any inability by CDTi to (1) reduce costs; (2)
increase sales; (3) realize the benefits of investments; (4) obtain
sufficient funding; (5) realign its strategic path; (6) execute its
strategic priorities; (7) commercialize its technology due to
agreements with third parties; (8) protect its intellectual
property; (9) obtain verifications, approvals or market acceptance
of its products or technology; (10) attract or retain qualified
personnel; or (11) achieve anticipated results; (ii) changes in or
lack of enforcement of or funding for emissions programs,
regulations or standards; (iii) competitive conditions; (iv) prices
of PGM and rare earth metals; (v) intellectual property
infringement claims by third parties; (vi) supply or delivery
interruptions, limitations or failures; (vii) the loss of one or
more major customers; (viii) product malfunctions, design
failures or the inability to meet emissions control
standards; and (ix) other risks and uncertainties discussed or
referenced in the Company's filings with the Securities and
Exchange Commission, including its most recent Annual Report on
Form 10-K. In addition, any forward-looking statements represent
the Company's estimates only as of the date of such statements and
should not be relied upon as representing the Company's estimates
as of any subsequent date. The Company specifically disclaims any
obligation to update forward-looking statements. All
forward-looking statements in this press release are qualified in
their entirety by this cautionary statement.
CONTACT: Becky Herrick or Cathy Mattison
LHA (IR Agency)
+1 415 433 3777
bherrick@lhai.com
cmattison@lhai.com
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