12 May 2009 07:00
Embargoed Release: 07:00hrs Tuesday 12 May 2009
Zenergy Power plc (`Zenergy' the `Company' or the `Group') 2008 Annual Report and Notice of AGM
Zenergy Power plc (AIM:ZEN.L) announces that the Group's Annual Report and Accounts for the year ended 31 December 2008 and Notice of AGM have now been distributed to shareholders and are available online at the Company's website (www.zenergypower.com).
In line with the Group's commitment to its corporate and social responsibility, Zenergy strongly encourages shareholders to register for electronic communications via the shareholder portal, found under the Investor Relations/ Shareholder Services tab of the Company's website (www.zenergypower.com).
By registering for our electronic communications service shareholders can help make us to be a more sustainable company by enabling us to cut production and distribution costs. Thereby contributing to a reduction in our carbon footprint as well as the amount of waste and pollution generated by the day-to-day operation of our business. All of which make us a better, more efficient company to invest in.
Once electronic shareholder communication has been chosen by a shareholder they will receive an email every time any new shareholder information is published - instead of paper documents in the post. These emails will contain weblinks to our annual and interim reports, documents relating to our Annual General Meeting and any other shareholder communications. The emails will come from our registrar, Capita Registrars. Shareholders are also able to register any shareholder votes online.
Notice of Annual General Meeting (`AGM')
Notice is given that the AGM of the Company will be held at the Registered Office, 5th Floor, One America Square, Crosswall, London, EC3N 2SG on the 16th of June 2009 at 11:00hrs (BST).
-Ends- Further informationAndrew Tan Zenergy Power Plc + 49 2226 9060 668 Vikki Krause/Kirsty Corcoran Hansard Group + 44 207 245 1100 Andrew Godber/Katherine Roe Panmure Gordon & Co + 44 207 459 5742 Kam Bansil/Rory Scott Mirabaud Securities + 44 207 866 0244 Limited About Zenergy Power plc
Zenergy Power plc is a superconductor energy technology company, listed on the AIM market of the London Stock Exchange and comprising three operating subsidiaries located in Germany, USA and Australia. By innovating superconductor based technology solutions, the Group provides patented clean energy devices that greatly improve the efficiency with which customers generate, distribute and use electrical energy.
To date, the incredibly energy efficient superconductive components at the heart of Zenergy's products have successfully delivered industrial customers significant reductions in energy consumption and provided utility companies with cutting-edge smart gird solutions. Looking to the near future, the Group is also developing a range of highly-energy efficient superconductor components for electricity generators capable of greatly reducing the cost of producing offshore wind power. All of which leads to the production of fewer carbon emissions in the world and a more sustainable economic growth path. In 2007 Zenergy achieved the world's first sale of an industrial scale commercial application incorporating superconductor technology and has subsequently developed products capable of addressing multi-billion dollar global markets.
About superconductivity
Superconductive materials are capable of conducting electricity without any resistance and were first discovered in 1911 in what was to prove to be one of the most significant scientific breakthroughs of the 20th century.
Superconductors enable:
(a) Induction Heaters to be twice as efficient for the metals industry
(b) Fault Current Limiters to protect power grids from blackouts
(c) Direct-drive wind generators to be significantly reduced in size and weight allowing the operation of wind generators in excess of 8 MW
(d) Existing hydro-power sites to increase energy efficiency and electrical power output
vendor