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Micro-Cap in News; Clean Diesel Technologies Inc. (CDTI)

By Warren Paige

Clean Diesel Technologies Inc. (NASDAQ: CDTI), a vertically integrated global manufacturer and distributor of emissions control systems and products, today, announced the receipt of an expanded verification from the Environmental Protection Agency (EPA) for its innovative ECS-branded Purifilter® Plus diesel particulate filter (DPF) emission reduction system.

Purifilter Plus, which features Clean Diesel’s proprietary MPC® catalyst technology, is the only hybrid DPF system using both passive and active regeneration that the EPA has verified for employing in its engine retrofit programs.

Following the receipt of expanded verification, Purifilter Plus is now eligible for use in retrofitting of vast majority of 1994 to 2010 on-road vehicle exhaust gas recirculation (EGR) and non-EGR engines.

CDTI shares ended marginally lower in trading today. The stock finished the day 1.62% lower at $2.43. Earlier in the day, the stock had risen to $3.21.

CDTI has fallen more than 13% this year.

 

May 31st, 2012 | Tags: | Category: Hot MicroCaps

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All stories in DailyStocks.com are for informational purposes only. This is NOT a stock recommendation. This DailyStocks.com story is a daily light analysis featuring a stock with insider buying. With some caveats, insiders purchase a stock because they think the stock is going up. There are other factors to consider such as size of the transaction relative to their compensation and net worth. Sometimes, insiders might be propping a stock price up for future financing. Sometimes, the amount of insider buying are misread or misreported. Each month, DailyStocks releases a a summary of the stocks with insider buying. Sign up for the free monthly newsletter at DailyStocks.com . About Dailystocks.com: DailyStocks.com is the place where you can find stories about stocks with insider buying, where you can educate yourself about stock market investing, and where you can perform the stock search engine analysis – you enter a stock symbol, and you get a resulting page of stock ticker indexed links so that you do not have to type the stock symbol each time.