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Results of second all-Canadian Cleantech Index announced - Environmental Communication Options/Huff Strategy

Results of second all-Canadian Cleantech Index announced

Oct 28th, 2008 4:32 AM

Media Release Attn: News/Business/National/Energy Reporters and Assignment Editors Results of second all-Canadian Cleantech Index announced Cleantech 10 ™ list pinpoints the top publicly traded Cleantech companies in Canada TORONTO, October 28, 2008 - The second-annual Corporate Knights Cleantech 10™ was released today. The Cleantech 10 and Next 10 Cleantech represent Canada's best publicly held companies in the Cleantech realm, and span a range of sectors from metal purification to smart grids to geothermal systems. The Corporate Knights Cleantech 10™ was compiled by Corporate Knights Inc. and Cleantech Indices LLC, the leading provider of Cleantech Indices and information globally. The Cleantech 10 outperformed the S&P/TSX Small Cap Index by over 7 per cent this year (using an unweighted average of the Cleantech 10's YTD returns). CK Cleantech 10 HQ City 5N Plus Montreal, QC BioteQ Vancouver, BC Canadian Hydro Developers Calgary, AB Carmanah Victoria, BC Day4Energy Burnaby, BC RuggedCom Woodbridge, ON Timminco Ltd. Toronto, ON Westport Innovations Vancouver, BC WFI Fort Wayne, IN Xantrex Burnaby, BC Source: Corporate Knights Inc. and Cleantech Indices, LLC How was Corporate Knights Cleantech 10™ determined? We sought out technology-driven growth companies that have big impacts on resource efficiency and the environment-not simply those re-branding themselves as 'green'. A set of 18 screening criteria were applied to all TSX companies that Cleantech Indices, LLC use for their broad Cleantech Index. Since Canada has far fewer Cleantech stocks and they tend to be younger and smaller, those criteria were not as strictly applied. A heavy emphasis was placed on purity (percentage of revenues or income from Cleantech business, and whether or not it's really 'clean') and quality (strategy, management, financial strength, sector leadership). Other key criteria included growth, earnings, liquidity, capitalization, technology/intellectual property, overall impact, etc. For further information: see www.corporateknights.ca/cleantech. To schedule interviews with Melissa Shin, Managing Editor of Corporate Knights, contact: Don Huff, Environmental Communication Options, at 416-972-7404, 416-805-7720 (cell) or huffd(at)huffstrategy.com. About Corporate Knights Founded in 2002, Corporate Knights Inc. is an independent Canadian-based media company focused on prompting and reinforcing sustainable development in Canada.