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Vycon Inc (VYCO)

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Friday 30 November, 2007

Vycon Inc

New working partnership

Vycon Inc
30 November 2007



For Immediate Release


VYCON PARTNERS WITH LEADING CRANE MANUFACTURER ZPMC 
TO MARKET & SELL REGEN FLYWHEEL ENERGY SYSTEMS

Los Angeles - November 30, 2007- VYCON, http://www.vyconenergy.com, an innovator
in the design and manufacture of green-tech, energy storage flywheel systems,
today announced that it has begun to work with Shanghai Zhenhua Port Machinery
Co., Ltd. (ZPMC). ZPMC is a major manufacturer of cranes and large steel
structures in operation in 62 countries and regions spanning over 120 terminals
around the world.

After several field tests conducted by VYCON on ZPMC cranes worldwide and the
recent California Air Resources Board (CARB) emission reduction verification, it
has been determined that VYCON's REGEN System is a viable solution providing
fuel savings and lower emissions to ZPMC's growing RTG customer base. As agreed
to by both parties, ZPMC will further validate the REGEN system on selected new
RTG projects and will start to broadly promote the product with their customers
after achieving positive results.  ZPMC has over 2000 RTG cranes in operation
worldwide and is producing new cranes at a rate of approximately 300 per year.

'Port operators are actively seeking lower fuel consumption cranes to offset the
rising costs of diesel fuel and to minimize emissions. Evident by their
significant market share, port operators are trusting ZPMC with their new crane
purchases. We at VYCON will be very pleased to become a standard option on 
ZPMC's products' said Tony Aoun, President and CEO of VYCON.

About ZPMC

Shanghai Zhenhua Port Machinery Co., Ltd. (ZPMC) is a world-famous manufacturer
of cranes, large steel structures, off-shore heavy industries and special
engineering vessels.  Its main products include: quayside container cranes,
rubber tyred gantry cranes (RTG), bulk-material ship loaders and unloaders,
bucket-wheel stackers and reclaimers, portal cranes, floating cranes,
engineering vessels and large steel bridge structures.

About VYCON

VYCON is an innovator in the design and manufacturing of technologically
advanced, flywheel based, energy storage systems that enable a highly reliable,
cost effective and 'Green' energy storage solution for a variety of
applications.  VYCON's products are applied in the power quality markets to
provide back-up power in mission critical applications and in the energy
re-cycling markets for capturing and regenerating energy in crane, electric rail
and distributed generation applications.  VYCON is a publically listed company
on the AIM market of the London Stock Exchange and is headquartered in Orange
County, CA.

For more information visit: http://www.vyconenergy.com

Media inquiries: Victoria Rierdan-Hurley, Grabiner/Hall,

[email protected] or +1-310-993-1840

DISCLAIMER

This announcement does not constitute, or form any part of, any offer or
invitation to sell, allot or issue, or any solicitation of any offer to purchase
or subscribe for, any securities, nor shall it (or any part of it) or the fact
of its distribution form the basis of, or be relied upon in connection with, or
act as any inducement to enter into, any contract or commitment for securities,
which should only be made on the basis of information contained in the admission
document issued in connection with the Placing.

The issuance of securities in the Placing has not been and will not be
registered under the applicable securities laws of the United States, Canada,
Australia or Japan. The distribution of this announcement in other jurisdictions
may be restricted by law and therefore persons into whose possession this
announcement comes should inform themselves about and observe any such
restriction. Any failure to comply with these restrictions may constitute a
violation of the securities laws of any such jurisdictions.

                      This information is provided by RNS
            The company news service from the London Stock Exchange
                                                                                                   

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