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Thursday, 02/02/2012 12:43:27 PM

Thursday, February 02, 2012 12:43:27 PM

Post# of 6560
http://www.mmdnewswire.com/clean-power-concepts-85467.html

Clean Power Concepts Announces Merger with Brazil's Integrated Biodiesel Industries


Regina, Canada (MMD Newswire) January 30, 2012 -- Clean Power Concepts, Inc (OTC: CPOW) and Integrated Biodiesel Industries, Ltd (IBI) of Sao Paulo, Brazil agreed to merge, pending approval of IBI shareholders and completion of due diligence. A Term Sheet was signed September 22, 2011 and since then both parties have been working hard at a determining a proposed integration strategy.

Clean Power Concepts is a Canadian agricultural commodity processing and alternative energy company engaged in oilseed crushing. Clean Power's "above ground oil well" concept allows it to supply oil for food production and renewable fuels or nutraceutical supplements. Michael Shenher, Chairman and CEO, says: " We have been in discussion with IBI for essentially a couple of years we saw the synergies early on, and I very pleased we have enough common ground to explore integration. Our visions for the future of agricultural commodities is well matched and we are very interested in IBI's managed farming - seed to table or tank - approach to the industry. By combining forces we are hoping to achieve economies of scale and levels of revenue that will make us more attractive to the capital markets in order to raise the necessary financing to carry out our ambitious growth plans in the agricultural commodities sector. "

IBI is a biodiesel company headquartered in Sao Paulo, Brazil, and develops plantations of Moringa oleifera as alternative source of vegetable oil as well as other low hydric demand oilseed crops in semi-arid regions. It also holds worldwide rights to a low cost tubular reactor technology for biodiesel refining. "The combination with Clean Power will result in a bigger and more integrated company as our businesses are complementary. The synergies to be captured should create meaningful shareholder value.," adds Marcelo Lopes, IBI's Chairman and CEO. IBI's website is www.biodieselindustries.net

The merger will be completed within 90 days after shareholder approval and the resulting entity will continue to be listed on the OTCBB.

Clean Power Concepts produces Filtered Canola Oil, Canola Feed Meal, Lubricants, Chemicals and Additives that are marketed under the CLEAN POWER® brand names. For more information is available at CPOW's website at http://cleanpowerconcepts.com.

Safe Harbor Statement:

This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The forward-looking statements are based on current expectations, estimates and projections made by management. The Company intends for the forward-looking statements to be covered by the safe harbor provisions for forward-looking statements. Words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates," or variations of such words are intended to identify such forward-looking statements. The forward-looking statements contained in this press release include, statements regarding the anticipated increased capacity, the continued demand for our products, the potential revenue stream from the new capacity and our ability to complete construction of our aqua feed pilot plant. All forward-looking statements in this press release are made as of the date of this press release, and the Company assumes no obligation to update these forward-looking statements other than as required by law. The forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those set forth or implied by any forward-looking statements and include the risk that the production capacity will not be as anticipated, the results derived from the additional capacity or the revenue derived therefore will be less than anticipated, our products will not receive favorable acceptance in the market, the demand for our products will not be strong and even if strong will not be strong enough to support construction of a new pilot plant and the risk factors discussed in our Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Copies of these filings are available at www.sec.gov.
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