Zenergy Finalist for Award

Zenergy Power PLC 14 April 2008 Embargoed Release: 07:00hrs Monday 14th April 2008 Zenergy Power plc ('Zenergy' or the 'Group') Zenergy's High Temperature Superconductor ('HTS') Induction Heater Short-listed As Finalist For Prestigious Hermes Award Zenergy Power plc (AIM:ZEN.L), the specialist manufacturer and developer of commercial applications for high-temperature superconductors ('HTS') materials, is pleased to announce it is short-listed as one of five finalists for the Hermes Award, regarded by many as the most prestigious annual international technology prize, for its groundbreaking HTS induction heater. The award is to be presented on Sunday 20th April 2008 by German Chancellor Dr. Angela Merkel as the opening highlight of the Hannover Fair, the world's largest industrial exhibition. The Hermes Award is recognised as one of the most generous industrial technology awards as the winning company receives a €100,000 prize. Last year, the Award was presented for an innovative identification technology to Bayer Technology Services, a division of Bayer AG, the multinational chemical and pharmaceutical company, jointly with London-based Ingenia Technology Limited. The coveted international prize is awarded for the most outstanding new technical product that has been thoroughly tested on an industrial scale and in addition demonstrates substantial commercial benefit. Zenergy, in conjunction with its collaborative manufacturer Bultmann GmbH, was nominated for its revolutionary HTS induction heater. The HTS induction heater is twice as efficient as conventional technology whilst offering customers significant technical advantages. The Group recently announced its second commercial order for its HTS induction Heater. Michael Fitzgerald, Non-Executive Chairman, commented: 'We are honoured to be short-listed for such a prestigious award which highlights the demonstrable and practical progress our technology has made and cements our fast-growing reputation as a leader in innovative, high quality HTS technology products for industrial applications.' -Ends- About Zenergy Group Plc Zenergy Power plc is a global specialist manufacturer and developer of commercial applications for superconductive materials. Comprising three operating subsidiaries located in Germany, USA and Australia, the Group is developing a number of energy efficient applications to be adopted in renewable energy production, energy distribution and large scale, energy intensive industrial processes. Most notably, the Group was recently selected by E.ON AG to provide the HTS technology for the world's first superconductor hydroelectric power generator capable of delivering energy efficiency levels of greater than 98%. The ground breaking project is establishing the way in which the Group's products can substantially improve the economic return on the production of renewable energy and is partially funded by the European Union. About Hannover Fair Established sixty years ago, the Hannover Fair today ranks as the leading international showplace for industrial technologies materials and product ideas. The annual Hermes Award is one of the most lucrative and prestigious international technology prizes. -Ends- www.zenergypower.com For Further Information: Dr. Jens Muller, CEO Zenergy Power Plc + 49 22 26 90 60 200 Vikki Krause Hansard Group + 44 207 245 1100 This information is provided by RNS The company news service from the London Stock Exchange
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