13 Nov 2007 07:01
Clean Air Power Limited13 November 2007 For Immediate Release 13 November 2007 Clean Air Power Limited ("Clean Air Power" or "the Company") Contract Win Clean Air Power Limited (AIM: CAP), the developer of Dual-FuelTM combustiontechnology that enables heavy-duty diesel engines to run on a combination ofboth diesel and natural gas, is pleased to announce that following thesuccessful 6 month trial of 2 Genesis systems by Robert Wiseman Dairies (RWD),Scotland's largest fresh milk provider, Robert Wiseman Dairies have placed anorder for a further 20 systems. Robert Wiseman Dairies began trialing Clean Air Power's Genesis systems on 2 DAFCF85 trucks six months ago at the Company's East Kilbride dairy. The trial gaveexcellent results providing Robert Wiseman Dairies with a 25% fuel cost savingas well as a carbon saving of 18 tonnes per annum. As a consequence of the successful trial, Robert Wiseman Dairies has ordered afurther 20 Genesis systems which will all be used on DAF CF85 trucks based inBellshill, Glasgow and Droitwich, West Midlands. The total order is worth £0.3million and delivery of the systems will start in December 2007 with all 20units to be delivered by the end of March 2008. John Pettitt, CEO of Clean Air Power, commented "We view this order as a verysignificant step forward for Clean Air Power as this is the first majorrecognition of our Genesis System. Robert Wiseman Dairies is a major companywith over 1,500 trucks in their fleet and we are delighted that they are sosatisfied with the first two systems. The excellent results of the trial reallyemphasise the fuel cost and carbon emission savings that the Genesis Systemoffers to customers." As previously announced, the Company continues to investigate funding options. For further information contact: Clean Air PowerJohn Pettitt, Chief ExecutivePeter Rowse, Finance DirectorTel: +44 (0)1494 527110 Canaccord Adams LimitedRobert FinlayErin NeedraTel: +44 (0)20 7050 6500 Buchanan CommunicationsCharles RylandBen WilleyTel: +44 (0)20 7466 5000 Notes to Editors: About Clean Air Power Clean Air Power is the developer and provider of Dual-FuelTM combustiontechnology for heavy duty diesel engines. Dual-FuelTM engines substantially cutfuel costs and carbon emissions without sacrificing the original engine'scharacteristic efficiency or reliability. Clean Air Power is well positioned toassist corporations and governments to deliver on their environmentalcommitments while at the same time reducing transport operators overheads. Further information on Clean Air Power is available at www.cleanairpower.com About Genesis Clean Air Power's patented Dual-FuelTM technology allows a heavy duty dieseltruck engine to run on a combination of both diesel and natural gas, therebygenerating significant fuel cost savings for the operator whilst considerablyreducing emissions and CO2. 'Genesis' was designed to be generic and is ultimately adaptable to fit any EuroIII engine thereby rendering a much wider market accessible to the Company.Clean Air Power has developed the technology to operate on both DAF CF85 andMercedes Axor Euro III heavy duty trucks. This information is provided by RNS The company news service from the London Stock Exchange