UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 14A
PROXY STATEMENT PURSUANT TO SECTION 14(A) OF THE
SECURITIES EXCHANGE ACT OF 1934
Filed by the Registrant [ ]
Filed by a Party other than the Registrant [X]
Check the appropriate box:
[ ] Preliminary Proxy Statement
[ ] CONFIDENTIAL, FOR USE OF THE COMMISSION ONLY (AS PERMITTED BY RULE
14A-6(E)(2))
[ ] Definitive Proxy Statement
[ ] Definitive Additional Materials
[X] Soliciting Material Pursuant to 240.14a-12
CLEAN DIESEL TECHNOLOGIES, INC.
(NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
THE COMMITTEE TO RESTORE STOCKHOLDER VALUE
AND INTEGRITY FOR CLEAN DIESEL
(NAME OF PERSON(S) FILING PROXY STATEMENT, IF OTHER THAN THE REGISTRANT)
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[X] No fee required.
[ ] Fee computed on table below per Exchange Act Rules 14a-6(i)(4) and 0-11.
(1) Title of each class of securities to which transaction applies:
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pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee
is calculated and state how it was determined):
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[ ] Fee paid previously with preliminary materials.
[ ] Check box if any part of the fee is offset as provided by Exchange Act Rule
0-11(a)(2) and identify the filing for which the offsetting fee was paid
previously. Identify the previous filing by registration statement number, or
the Form or Schedule and the date of its filing.
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FOR IMMEDIATE RELEASE
THE COMMITTEE TO RESTORE STOCKHOLDER VALUE AND INTEGRITY FOR CLEAN DIESEL
ANNOUNCES JEREMY PETER-HOBLYN AS SPECIAL ADVISOR
BRIDGEPORT, CT - (SEPTEMBER 27, 2010) - The Committee to Restore Stockholder
Value and Integrity for Clean Diesel (the "Committee" or the "Blue Team") today
announced that Jeremy D. Peter-Hoblyn has agreed to serve as a Special Advisor
to the Committee's Board of Directors. Mr. Peter-Hoblyn will provide advice and
expertise in a variety of areas, focused primarily on emissions reduction and
fuel economy technologies. He was formerly Chairman and Chief Executive Officer
of Clean Diesel Technologies, Inc., and retired from Clean Diesel in 2004 after
more than ten years at the company.
"We are delighted to welcome Jeremy to the Blue Team. We consider Jeremy as the
"Father of the Clean Diesel's technologies" and are pleased that he agreed to
support the Committee. Jeremy has a unique combination of operating and
technology development experiences in the emissions reduction and fuel economy
arenas. He is an accomplished and talented executive, with vision and wisdom,
and an enviable track record of building technologies for emissions reduction
requirements around the world. We believe the extensive experience and unique
skill set he brings to us will prove invaluable to the Committee's existing and
future technological and commercial endeavors. We look forward to benefiting
from his operating expertise, strategic perspectives and broad industry
relationships," said John J. McCloy, II, Committee member and Board of
Directors' nominee.
Mr. Peter-Hoblyn commented, "Historically, Clean Diesel set out to develop
technologies that coupled emission reduction with fuel economy improvement and
were both proprietary and capable of becoming 'industry standard technologies.'
One technology has now become an industry standard. I have told the Committee
that I will accept no remuneration for my services as a Special Advisor and that
my efforts now are to ensure that the Clean Diesel stockholders benefit from the
value of technologies that have been developed through the years.
Mr. Peter-Hoblyn has many years' experience in the understanding and development
of technologies for fuel efficiency and emissions reduction, among other fields.
Mr. Peter-Hoblyn was Chief Executive Officer of Clean Diesel from its inception
until his retirement in September 2004. He was President from inception and
Chairman of Clean Diesel from 2002 until 2003. Mr. Peter-Hoblyn also served as
the acting Chief Technology Officer of Clean Diesel from 2004 until 2005. He was
a Managing Director of Fuel-Tech N.V. from 1987 through March 1, 2002.
The Committee is firmly committed to restoring stockholder confidence and value
to Clean Diesel by electing new Board Directors, removing current Board
Directors, installing world-renown advisors, appointing a new management team,
and implementing profitable business strategies. The Committee has nominated a
slate of two new directors for election - John J. McCloy II and Andrew Merz
Hanson. The purpose of the proxy solicitation by the Committee is to remove five
current directors of Clean Diesel - Michael L. Asmussen, Derek R. Gray, Charles
W. Grinnell, David F. Merrion, and Mungo Park - and to elect the two new
directors and the proxies solicited will be used to do so.
THE COMMITTEE TO RESTORE STOCKHOLDER VALUE AND INTEGRITY FOR CLEAN DIESEL IS
PROVIDING THE FOREGOING INFORMATION TO STOCKHOLDERS PRIOR TO FILING OF A
DEFINITIVE PROXY STATEMENT PURSUANT TO RULE 14A-12. WE ARE NOT CURRENTLY ASKING
YOU FOR A PROXY AND YOU ARE REQUESTED NOT TO SEND US A PROXY AT THIS TIME.
INFORMATION WITH RESPECT TO THE IDENTITY OF THE MEMBERS OF THE COMMITTEE WHO
PARTICIPATE IN THE SOLICITATION, INCLUDING THEIR DIRECT OR INDIRECT INTERESTS,
BY SECURITY HOLDINGS OR OTHERWISE, CAN BE FOUND ON THE WEBSITE OF THE COMMITTEE
AT WWW.RESTORECLEANDIESEL.COM.
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THE COMMITTEE'S DEFINITIVE PROXY STATEMENT WILL CONTAIN IMPORTANT INFORMATION
AND SHOULD BE READ PRIOR TO DELIVERING ANY PROXY. ONCE FILED, THE DEFINITIVE
PROXY STATEMENT AND ANY ADDITIONAL PROXY MATERIALS MAY BE VIEWED FOR FREE AT
HTTP://WWW.SEC.GOV/CGI-BIN/BROWSE-EDGAR?ACTION=GETCOMPANY&CIK=0000949428
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For additional information, please contact The Committee to Restore Stockholder
Value and Integrity for Clean Diesel, via the Chairman, Andrew Merz Hanson:
info@restorecleandiesel.com.
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