In the company’s news today,
Clenergen Corp. announced that it has received approval from Madurai Kamaraj University, a respected University established in 1966, to inititate a research project on behalf of Clenergen to develop and apply new scientific techniques to enhance growth of biomass crops and to develop superior agronomical practices for best possible utilization of available natural resources to maximize yield.
Clenergen told investors today that it has accepted the terms of the technical engagement and that the project will commence during the first week of October 2009. The Department of Bioenergy, School of Energy, Environment and Natural Resources of the University will execute the project for Clenergen. Currently, Dr K. Muthuchelian is currently Director for Biodiversity and Forest Studies at the Madurai Kamaraj University, and Professor and Head of the School of Energy, Environment and Natural Resources at Madurai Kamaraj University, Madurai.
Prof. K. Muthuchelian has been nominated as Fellow of International Energy Foundation (FIEF) by International Energy Foundation, Saskatchewan, Canada, elected as Fellow of National Academy of Biological Sciences (FNABS) by National Academy of Biological Sciences, India and awarded the academically high Prestigious Degree of “Doctor of Science” (D.Sc.) by Madurai Kamaraj University.
Accredited as an A Category University, Madurai Kamaraj University is one of the oldest and prestigious Universities of South India and is recognized for its ground-breaking, pioneering efforts in development of agriculture in Tamilnadu. The School of Energy, Environment and Natural Resources has a dedicated Department of Bioenergy which specializes in Biomass Crops and undertakes various projects on behalf of the Government of Tamilnadu. With state of the art infrastructure and laboratories, the school is home to eminent professors and alumni who have spearheaded the advancement made by Tamilnadu in Biomass crops.
Dr. Arvind Pandalai, Non Executive Group Chairman of Clenergen Corporation, commented, ” It is a matter of great privilege to have been chosen by the University for undertaking such a project which brings immense value to Clenergen and its projects not just in India but worldwide.”
Mark Quinn, CEO of Clenergen stated, “This is a great moment for Clenergen to be in a position to gain from the great resources of the University. The project will be funded by Clenergen, but serves to benefit the company in order to maximize the output and optimize the usage of the available resources.”
About QualityStocks
QualityStocks, based in Scottsdale, Arizona is a free service that collects data from hundreds Small-Cap and Micro-Cap online Investment Newsletters into one Free Daily Newsletter Report. QualityStocks is dedicated to assisting emerging public companies with their advertising efforts and now has over 750,000+ subscribers that receive The Daily Stock Newsletters.
Please see disclaimer on QualityStocks website: http://Disclaimer.QualityStocks.net
Forward-Looking Statement:
This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.