Itm Power Regulatory News (ITM)

28 October 2010

ITM Power plc

("ITM Power" or "the Company")

Building Research Establishment Signs MoU with ITM Power

ITM Power, the energy storage and clean fuel company, is pleased to announce that it has signed a Memorandum of Understanding with the Building Research Establishment ("BRE") to progress it's development of hydrogen technology for the built environment.

Work will focus on renewable hydrogen energy systems for low energy homes. Residential energy demands (for power, heat and cooking) will be met by combining renewable power, electrolysis, energy storage and hydrogen utilisation technologies. By integrating the design of hydrogen energy systems into the building design process, ITM Power and BRE will identify built environment solutions that are truly green. It is expected that zero carbon footprint home designs and a demonstration home will result from the collaboration.

Graham Cooley, Chief Executive Officer of ITM Power commented: "We are delighted to be working with the Building Research Establishment to develop very low carbon footprint energy systems for the built environment"

Martin Watson, Development Director of BRE commented: "We are pleased to be working with ITM Power on the development of this exciting new approach for achieving zero-carbon homes. It is important that the building industry considers decarbonisation pathways based on renewable hydrogen and ITM Power's expertise and technology in this area will be essential to that process".

About BRE

BRE helps government, industry and business to meet the challenges of our built environment. Today's need to combat climate change, and the significant economic and social issues we now face, are no exceptions. BRE is an independent and impartial, research-based consultancy, testing and training organisation, offering expertise in every aspect of the built environment and associated industries. We help clients create better, safer and more sustainable products, buildings, communities and businesses - and we support the innovation needed to achieve this.

About ITM Power

ITM Power is committed to clean sustainable energy solutions based around water electrolysis. The Company's principal motivation is to engineer zero-carbon hydrogen energy systems that provide energy security and independence from fossil fuels.

ITM Power's electrolyser and fuel cell technologies have the potential to become the cornerstones of a future hydrogen economy based on 'green' hydrogen. Our hydrogen systems are able to convert renewable energy to a clean fuel that can be indefinitely stored for use in transport, residential and industrial applications.

ITM Power has grown from its original platform of novel polymeric electrolytes (for water electrolysis and hydrogen fuel cells) to that of a technology provider. ITM Power now has both a strong base of intellectual property and engineering expertise for providing complete hydrogen solutions.

For further information please visit www.itm-power.com or contact: