XI'AN, China, April 27, 2011 /PRNewswire-Asia-FirstCall/ -- 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"), announced today that the Board of directors has appointed Mr. Joseph Levinson as an independent director and a member and Chairman of the Board's Audit committee, effective April 27, 2011.
Mr. Levinson has more than a decade of experience working in China and has been a U.S. Certified Public Accountant for more than 15 years. Mr. Levinson was previously a manager at Deloitte and Touche and also previously worked at KPMG. Mr. Levinson is fluent in Chinese and has served as a board member and also Chief Financial Officer for a number of publicly traded companies with operations in China. Mr. Levinson graduated from the University at Buffalo with a Bachelors degree in accounting and finance in 1994 and he is a Certified Public Accountant in the United States.
"We are pleased to add Mr. Levinson to our independent Board of Directors, and look forward to his leadership as Chairman of the Audit Committee," stated Baowen Ren, Chairman of Sino Clean Energy. "Given his broad financial experience and thorough understanding of public accounting for global organizations, he will be an invaluable resource for the Company as we continue to execute our growth strategy for CWSF."
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.
SOURCE Sino Clean Energy Inc.