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Vycon Partners With Chloride Group Plc For European Distribution Of Its Vdc140 Flywheel Energy Storage System

Los Angeles – November 6, 2007– VYCON, , an innovator in the design and manufacture of green-tech, energy storage flywheel systems, today announced an agreement with Chloride Group PLC for the distribution and marketing of VYCON’s VDC flywheel for use on Chloride UPS systems. 

The VYCON VDC is a flywheel-based energy storage system that provides a stable, reliable, low-maintenance, extended-life DC voltage source for Uninterruptable Power Systems (UPS) used in critical power applications. The VDC, which can be seamlessly paralleled for higher power requirements, can completely eliminate the need for maintenance-laden batteries in traditional UPS applications. The VDC system additionally provides sufficient ride-through for short duration power outages, or until a standby engine-generator is implemented on line.

“We are extremely pleased that Chloride, after evaluating several other devices in the market, has selected the VYCON flywheel system as an alternative energy storage technology to traditional lead-acid batteries”, commented Frank DeLattre, Vice-President of Sales and Marketing, Vycon. “Chloride is a leader in highly reliable and innovative back-up power systems and the VYCON VDC product will enhance this position.”

The agreement gives Chloride the right to market, promote and distribute the VYCON VDC to companies across Europe. Currently, the system is being used by Sungard in the UK. In the US, the system is used in data centers, hospitals and financial institutions to safeguard data center energy back-up requirements. 

“We feel that VYCON’s system is the most effective in terms of reliability and life-cycle cost. This technology will allow us to fulfill the always more frequent requirements of battery free solutions by our customers. The VDC system will be a very important addition to our product offering for European countries,” said Giovanni Zanei, Product Manager, Chloride UPS Systems.

About VYCON
VYCON is an innovator in the design and manufacturing of technology 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 in 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, Victoria@grabinerhall.com or 310-993-1840

About Chloride Group PLC
Chloride Group PLC is a world leader specialist of secure power protection solutions and services. Secure power is essential to ensure business continuity, and protect customers’ systems and processes from the damaging effects of poor quality electrical power, which is prevalent in most world economies.

Chloride provides Total Solutions for customers’ critical power protection needs, designed and tailored to their applications. Chloride offer covers a combination of expert system design, proprietary equipment (including uninterruptible power supply systems and power conditioners), ancillary equipment (including diesel generators and control systems) and comprehensive service and maintenance packages.

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

 

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.
 


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