Clean Diesel Technologies Inc. (CDTI)

Clean Diesel Technologies, Inc. engages in the development, design, marketing, and license of technologies and solutions that reduce harmful emissions from internal combustion engines, as well as enhances fuel economy and engine power. Its products include Platinum Plus, a fuel-borne catalyst; the Purifier System, which combines its fuel-borne catalyst with a diesel oxidation catalyst; the fuel-borne catalyst/catalyzed wire mesh filter system; the ARIS nitrogen oxides reduction system; and Biodiesel Plus. The company also offers a range of engineering and development consulting services. It offers its products primarily to distributors, resellers, and vehicle fleets in various industries, including beverage, grocery, shipping, fuel delivery, and marine. Clean Diesel Technologies has operations primarily in the United States, Europe, and Asia. The company was founded in 1994 and is based in Stamford, Connecticut.

For the nine months ended 30 September 2006, Clean Diesel Technologies Inc.'s revenues rose 42% to $887K. Net loss fell 2% to $3.9M. Revenues reflect higher additive revenues due to addition of new customers and increased revenues from license, royalty & others. Higher loss reflects increased research & development expenses, higher general & administrative expenses and an increase in patent amortization & other expense.