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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