TORONTO, Dec. 16 /CNW/ - Cleanfield Alternative Energy Inc.
("Cleanfield") (TSX Venture: AIR) - a leader in innovative, urban
renewable energy technologies and building-integrated Solutions -
announced today that over 430 green building professionals across many
market sectors have taken an online continuing education course
prepared by Cleanfield about the company's vertical axis wind turbines
(VAWTs). The one-hour course qualifies for LEED Professional
Credentials maintenance and American Institute of Architects (AIA)
Sustainable Design credits and is accredited for US Green Building
Council (USGBC) and Building Owners and Managers Institute.
Cleanfield has also started to deliver the course face-to-face to
members of the USGBC and AIA across the United States. The sustainable
design education course is designed for architects and engineers to
learn about wind characteristics in urban settings and the benefits,
design, installation and function of VAWTs.
Cleanfield's CEO Tony Verrelli said, "Vertical axis wind turbines are
becoming increasingly attractive to architects, engineers and
Leadership in Energy and Environmental Design (LEED) professionals
looking to integrate clean renewable energy into commercial,
institutional, industrial and residential buildings. The installation
of our VAWTs contribute to LEED points recognized by the US and
Canadian LEED® Green Building Rating System™. Presenting this course
will provide Cleanfield with valuable targeted marketing leads."
Cleanfield's AIA course was promoted with the assistance of CMHC
International. "Companies with "newer" technologies and services, like
Cleanfield, have market awareness added to their list of tactics for
increased sales. Combine this with a green professional's need to
expand their green building knowledge and you get the perfect match -
an accredited sustainable design course," said CMHC International Trade
Consultant Lorena Magee. "CMHC International promoted over a dozen
educational seminars in 2010. Participating companies delivered their
courses to some of the largest architectural firms in the U.S."
Common Shares and Options Issuance: Cleanfield also announced that:
After receiving TSX Venture Exchange ("Exchange") approval, it issued
540,250 common shares at $0.12 per share to satisfy certain debt owing
to two arm's length creditors of its subsidiary, Cleanfield Energy
Corp. All common shares issued are subject to a four-month Exchange
hold period expiring April 11, 2011.
Subject to Exchange approval, it will issue 855,001 common shares at
$0.14 per share to satisfy certain debt owing to five arm's length
creditors of its subsidiary Cleanfield Energy Corp. The common shares
will be issued when the Exchange's approval is received, and will be
subject to a four-month Exchange hold period when issued.
As noted in our media release dated November 1, 2010, 400,000 stock
options were to be issued to consultants performing investor relations
activities. 300,000 of these options were subsequently cancelled by
Cleanfield as proposed work by one of the consultants has not
About Cleanfield: Cleanfield is an innovative technology company focused on the research,
development and distribution of renewable energy solutions for the
urban environment. Cleanfield possesses industry leading, proprietary
inverter technologies, which it currently sells through a complete
solution - a 3.5 kW vertical axis wind turbine. Cleanfield turbines
have been installed in over 50 locations worldwide. The company's
vision is to be recognized as an international leader in bringing
high-quality and innovative sustainable energy solutions to the
Forward-looking Statements: Certain statements in this news release may be considered to be
forward-looking. These statements relate to future events or
Cleanfield's future economic performance and reflect the current
assumptions and expectations of management. Certain unknown factors may
affect the events, economic performance and results of operations
described herein. Cleanfield undertakes no obligation, and does not
intend to update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise, except as may be
required under applicable law.
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.
SOURCE Cleanfield Alternative Energy Inc.
For further information: For further information:
Go to www.cleanfieldenergy.com, or contact Tony Verrelli, President
& CEO, Cleanfield Energy Corp., (905) 304-5223, firstname.lastname@example.org.