Clean Energy Enterprises, Inc and Japan Blue Energy Co Ltd mutually terminate licensing relationship as of August 5, 2022.
CEE and JBEC Mutually Terminate Licensing Relationship
Jean-Louis Kindler | Clean Energy Enterprises, Inc. | August 5, 2022
FOR IMMEDIATE RELEASE
Long Beach, August 5th, 2022
Clean Energy Enterprises, Inc. (CEE) and Ways2H, Inc. (Ways2H), now a wholly-owned subsidiary of the CEE group, have agreed to an amicable mutual termination of their license agreement with Japan Blue Energy Corporation, of Tokyo, Japan.
Such termination became effective on August 5th, 2022.
As a result, neither CEE nor Ways2H have license on JBEC’s intellectual property rights; JBEC has no equity interest in Ways2H; and Messrs. Naoki Dowaki and Daigi Sakamoto have resigned from their position as Ways2H directors.
CEE and Ways2H will separately provide updates on both companies’ future projects and developments as they arise.
Chief Executive Officer