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Industry Endorsements

11 Mar 2008 10:00

Zenergy Power PLC11 March 2008 Embargoed Release: 10:00hrs Tuesday 11 March 2008 Zenergy Power plc ('Zenergy' or the 'Group') Industry Endorsements Zenergy Power plc (AIM:ZEN.L), the specialist manufacturer and developer ofcommercial applications for high-temperature superconductive ('HTS') materials,is proud to announce that its ground-breaking energy efficient technology hasbeen the recipient of two highly acclaimed industry endorsements. The first of these is the CleanEquity Monaco 2008 Award for Excellence in theField of Environmental Technology Development which was presented to the Groupby H.S.H. Prince Albert II of Monaco at the prestigious annual conference heldin Monaco on the 20th of last month. The second of these endorsements is in recognition of the electricalefficiencies of the Group's newly developed HTS induction heater, which has beenselected as one of the 2008 Top Ten new technology products for the metalsprocessing industry by the editors of Industrial Heating Magazine, a globalindustry publication. The Group's patented induction heater, which greatly reduces the levels ofelectrical energy consumed during industrial heating processes, has receivedthis recognition just eight months after the completion of its development andtesting. Commenting on the HTS induction heater, the editors of Industrial HeatingMagazine, noted that: 'Through process quality and productivity improvements combined withunparalleled energy efficiencies and capital cost savings, the superconductinginduction billet heater may prove to be a superior heating option for manyapplications.' The Board considers the continuing and growing level of industry recognition ofthe Group's energy efficient technology as compelling evidence of the attractiveeconomic benefits of HTS products which greatly improve efficiency andproductivity. -Ends- About Zenergy Group plc Zenergy Power plc is a global specialist manufacturer and developer ofcommercial applications for superconductive materials. Comprising threeoperating subsidiaries located in Germany (Trithor), USA (SC Power Systems) andAustralia (Australian Superconductors), Zenergy is highly focussed on thecommercialisation of a number of energy efficient applications to be adopted inrenewable energy power generation, energy distribution and large scale, energyintensive industrial processes and achieved the world's first commercial sale ofan industrial scale HTS device in September 2007. About superconductivity Superconductive materials are capable of conducting electricity without anyresistance and were first discovered in 1911 in what was to prove to be one ofthe most significant scientific breakthroughs of the 20th century. The global HTS market is substantial and growing, with a number of marketstudies projecting multi-billion dollar markets for the application of HTSmaterials and products. The proliferation of the use of superconductor materialsis largely being driven by the following key factors: (a) HTS materials are highly complementary to energy efficient technologies as a substitute for copper (b) HTS wires have power densities of over 100x that of copper (c) Current developments are leading to substantially reduced costs in the production of HTS wires and are targeting to be cheaper than copper over the next few years. (d) HTS applications deliver exceptional energy efficiencies and thus reduced power consumption and running costs (e) HTS technology is set to play a significant role in reducing CO2 emissions in line with international targets (f) HTS applications are capable of delivering vastly increased levels of power with increased reliability and reduced material usage This information is provided by RNS The company news service from the London Stock Exchange
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