XI'AN, China, May 4, 2011 /PRNewswire-Asia/ -- Sino Clean Energy Inc. (Nasdaq: SCEI) ("Sino Clean Energy," or the "Company"), a leading producer and distributor of coal-water slurry fuel ("CWSF") in the People's Republic of China ("China"), today announced that the Company has been made available on its investor website a detailed letter to shareholders from Mr. Baowen Ren, Chairman of Sino Clean Energy. The letter provides a detailed response to numerous questions from investors regarding a purportedly subscriber-only report released last week on a website called Geoinvesting and reports by an individual calling himself Alfred Little.
Management points out that the information provided and the allegations made in these "reports" are false, misleading and reflect a general lack of understanding of our business. In order to provide continued transparency to our shareholders and other interested investors, the Company has posted a copy of the letter with supporting documents at the following link: http://ir.stockpr.com/sinocei/data-room
About Sino Clean Energy
Sino Clean Energy is a U.S. publicly traded company and a China-based producer and distributor of coal-water slurry fuel ("CWSF"). With locations in Shaanxi Province and Liaoning Province, Sino Clean Energy is one of the leading CWSF producers in China. For more information about Sino Clean Energy, please visit http://www.sinocei.net.
Safe Harbor Statement
This press release contains certain "forward-looking statements," as defined in the United States Private Securities Litigation Reform Act of 1995, that involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accurate and the actual results and future events could differ materially from management's current expectations. Such factors include, but are not limited to uncertainties in product demand, the impact of competitive products and pricing, our ability to obtain regulatory approvals, changing economic conditions around the world and other factors detailed from time to time in the Company's filings with the United States Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
