Cleanfield Energy Announces Award of Collaborative Research and Development Grant for Nanowire Photovoltaics Project

ANCASTER, ONTARIO, Sep 05 (MARKET WIRE) --
Cleanfield Energy Corp ("Cleanfield") a subsidiary of Cleanfield
Alternative Energy Inc. (TSX VENTURE: AIR) announces that its project
partner, McMaster University, has been awarded a Collaborative Research
and Development grant from the Natural Sciences and Engineering Research
Council of Canada (NSERC).

The project received funding for $236,000 over the next 3 years and is
intended to further the research of Dr. Ray LaPierre, Professor of
Engineering Physics at McMaster University, in the area of Nanowire
Photovoltaics. Semiconductor nanowires are expected to improve the
efficiency and reduce the costs associated with conventional solar cells.

"The convergence of nanotechnology and photovoltaics is an exciting area
of research and development with practical applications to renewable
energy. This grant will allow us to make rapid progress in the
development of nanowires for the next generation of solar cells" said Dr.
LaPierre.

The technology will be commercialized by Cleanfield, an Ontario-based
company with a proven track record in product development, manufacturing,
and marketing of Cleantech products. If successful, Nanowire
Photovoltaics will be a disruptive technology capable of supplanting
existing Generation I and II photovoltaic devices.

FORWARD LOOKING STATEMENTS

Certain statements contained in this press release constitute
forward-looking statements. The use of any of the words "anticipate",
"continue", "estimate", "expect", "may", "will", "project", "should",
"believe" and "confident" and similar expressions are intended to
identify forward-looking statements. The Corporation believes that the
expectations reflected in these forward-looking statements are reasonable
but no assurance can be given that these expectations will prove to be
correct and such forward-looking statements included in, or incorporated
by reference into, this press release should not be unduly relied upon.
These statements speak only as of the date of this press release. The
Corporation undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.

About Cleanfield Alternative Energy Inc.

Cleanfield Alternative Energy Inc. is the parent company of Cleanfield
Energy Corp. and is committed to the development of renewable energy
products for both consumer and commercial applications. Cleanfield's
tailor-made Vertical Axis Wind Turbine can be mounted on a tower or
suitable rooftop, offering electricity independence and security.

Contacts:
Cleanfield Energy Corp.
Tony Verrelli
President/CEO
(905) 304-5223
Email: info@cleanfieldenergy.com
Website: www.cleanfieldenergy.com

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