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CDTi Accelerates Development of Its Materials Science Platform as It Completes Strategic Review of Its Business



CDTi Accelerates Development of Its Materials Science Platform as It Completes
Strategic Review of Its Business

VENTURA, Calif., June 20, 2013 (GLOBE NEWSWIRE) -- Clean Diesel Technologies,
Inc. (Nasdaq:CDTI) ("CDTi" or the "Company"), a leader in advanced emissions
control solutions, announced today that it has conducted a strategic review of
its business and determined to pursue aggressive development of its unique
materials science platform, which it views as the most likely path to enhance
growth and improve shareholder value over the long-term. The strategy is
intended to build on recent announcements and initiatives, including the
appointment to its Board of Directors of Dr. Lon E. Bell, a noted technologist
with significant product commercialization experience, an increased focus on
patenting its proprietary, advanced low- and zero-platinum group metal
technologies and the implementation of a joint-venture with Pirelli Group to
market their combined catalogue of emission control products in Europe. The
Company intends to pursue additional licensing and partnership arrangements to
accelerate the commercialization of its patented and proprietary materials
technology and reduce its need for additional, significant capital
expenditures to expand its manufacturing platform.

CDTI's strategic priorities are:

  * Explore strategic options to maximize the value of existing manufacturing
    assets and business;
  * Focus R&D on technology development, patent protection and
    commercialization of advanced low-platinum group metal ("PGM") and
    zero-platinum group metal ("ZPGM") technologies;
  * Aggressively build patent portfolio to maintain and protect technology
    leadership;
  * Develop and qualify emission catalysts for OEMs and partners; and
  * Seek customers or partners for core emissions control technology via
    licensing, joint-venture or manufacturing agreements.

This strategy builds on CDTi's core competencies, including its world-class
materials science platform, unique rapid prototyping, and proven and scalable
manufacturing capabilities. In addition, CDTi's experience serving a multitude
of OEM customers for many years, such as Honda, Ford, GM and Renault, provides
a strong foundation to introduce a potentially disruptive emissions catalyst
to this large and growing market.

"CDTi was the pioneer in the creation of advanced low-PGM catalysts and has
been successful in validating its production process and proven to be a
reliable supplier to multiple OEM customers. Our strategic direction is firmly
rooted in this foundation and is designed to significantly improve CDTi's
opportunity to be a provider of state-of-the-art emission solutions at
significantly lower costs than the competition. We believe this strategy will
take us in the direction in which the emissions control market itself is
moving and position us well to capitalize on developing new opportunities and
exploring applications in new end markets.  We are moving aggressively to
implement our strategies and while full traction will take time to develop, we
believe that our success will ultimately result in profitable, sustained
growth and improved value for our shareholders," said Craig Breese, President
and CEO of CDTi.

The Company has posted its current Investor Presentation on its website at
http://investor.cdti.com/events.cfm.

About CDTi

CDTi is a vertically integrated global manufacturer and distributor of
emissions control systems and products, focused on the heavy duty diesel and
light duty vehicle markets. CDTi utilizes its proprietary patented Mixed Phase
Catalyst (MPC®) technology, as well as its ARIS® selective catalytic
reduction, Platinum Plus® fuel-borne catalyst, and other technologies to
provide high-value sustainable solutions to reduce emissions, increase energy
efficiency and lower the carbon intensity of on- and off-road engine
applications. CDTi is headquartered in Ventura, California and currently has
operations in the U.S., Canada, France, Japan and Sweden. For more
information, please visit www.cdti.com.

Forward-Looking Statements Safe Harbor

Certain information contained in this press release constitutes
forward-looking statements for purposes of the safe harbor provisions of The
Private Securities Litigation Reform Act of 1995.  Any statements contained
herein that are not statements of historical fact should be considered
forward-looking statements. You can identify these forward-looking statements
by the use of the words "believes", "expects", "anticipates", "plans", "may",
"will", "would", "intends", "estimates", and other similar expressions,
whether in the negative or affirmative.  Forward-looking statements are based
on a series of expectations, assumptions, estimates and projections which
involve substantial uncertainty and risk.  In this document, the Company
includes forward looking statements regarding the potential value enhancement
from strategic priorities, and there can be no assurance these priorities will
be implemented or succeed.   In general, actual results may differ materially
from those indicated by such forward-looking statements as a result of risks
and uncertainties, including but not limited to the risks and uncertainties
discussed or referenced in the Company's filings with the Securities and
Exchange Commission. In addition, any forward-looking statements represent the
Company's estimates only as of the date such statements are and should not be
relied upon as representing the Company's estimates as of any subsequent date.
The Company specifically disclaims any obligation to update forward-looking
statements. All forward-looking statements in this press release are qualified
in their entirety by this cautionary statement.

CONTACT: Kevin M. McGrath
         Cameron Associates, Inc.
         Tel:  +1 (212) 245-4577

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