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Cleanfield Engages Sustainable Capital Corporation

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  Published in Business and Finance on Wednesday, June 1st 2011 at 15:20 GMT by Market Wire
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TORONTO, June 1, 2011 /CNW/ - Cleanfield Alternative Energy Inc. ("Cleanfield") (TSXV: AIR) a leader in innovative sustainable energy technologies and building-integrated solutions, is pleased to announce that it has retained the services of Sustainable Capital Corporation ("Sustainable") ([ http://www.sustainablekapital.com ]). Sustainable is a specialized Canadian investor relations company headquartered in Vancouver.

Sustainable provides investor relations, research reports and corporate communication services to a variety of public companies focused on the green technology industry. By focusing on green technology Sustainable is able to extend its geographic reach to institutions and investors throughout North America as a recognized investor relations specialist for this growing sector. Cleanfield has engaged Sustainable to communicate our message with prospective investors, analysts, and the capital markets.

Subject to TSX Venture Exchange approval, the contract for investor relations is for a twelve-month term. Under the terms of the contract, Sustainable will receive $5,000 per month in fees and be granted a total of 250,000 stock options which will be priced and disclosed in a future announcement.

About Cleanfield: Cleanfield is an innovative technology company focused on the research, development and sales of renewable energy solutions for the urban environment. The company owns industry leading and proprietary inverter technologies, which it currently sells through a complete solution - a 3.5 kW vertical axis wind turbine. The company is also developing several advanced solar photovoltaic technologies in conjunction with industry respected strategic partners.

Forward Looking Statements: Certain statements in this news release may be considered to be forward-looking. These statements relate to future events or Cleanfield's future results including revenues and reflect the current assumptions and expectations of management. Unknown factors may affect the events, performance, revenues and results of operations described herein. Cleanfield undertakes no obligation, and does not intend to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable laws.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.