ReVolt Technology, Ltd Selected by Dow Jones Clean Tech Summit Jury as one Europe’s Top Ten Innovative Clean Tech CompaniesRecognized for Technological and Market Leadership
Staefa, Switzerland, October 6, 2008 – ReVolt Technology, Ltd, a technology company, which has developed a rechargeable zinc-air battery, today announced that it has been chosen by the Dow Jones Clean Tech Summit Jury as one of Europe’s ten most innovative cleantech companies.
The nominees for this year’s top award are: CURRENT Technologies International GmbH, Novaled AG, Pelamis Wave Power, Petrotec AG, ReVolt Technology Ltd., SiC Processing AG, Solarion AG, Solitem GmbH, Sulfurcell Solartechnik GmbH and Umicor Recycling Solutions.
The ten nominated companies will have the opportunity to introduce themselves to a high-calibre audience of investors and industry experts on October 7 and to establish valuable connections. The winner will have the exclusive chance to present itself at the following Dow Jones Clean Tech Summit http://djnewsletters.de/cleantechinnovationsaward/ on October 8th and 9th in Frankfurt am Main and on Dow Jones’ information platforms. The jury consists of six renowned Cleantech-specialists. Besides Mountain Cleantech and Dow Jones as organisers, representatives of Ammer Partners, Beiten Burkhardt, Deutsche Bank and JP Morgan complement the expert team. They have rated the companies in accordance with a specific criteria catalog. Based on this, all applicants were tested for their entrepreneurial potential, management capability, position within the market and technological maturity.
The Dow Jones Clean Tech Summit has become an important meeting place for the European clean tech industry. The two-day conference focuses on trends and potential within the industry, investment strategies and the political and economical framework conditions of the markets. "The Clean Tech industry currently draws the attention of all industrial nations. Seldom has so much economic, ecological and political hope been attached to an industry’s development," stated, Dr. Matthias Paul, Managing Director of Dow Jones News GmbH.
"European companies are setting the pace in the global cleantech industry," says Jürgen Habichler, Managing Partner of Mountain Cleantech AG and chairman of the jury. "Through the Clean Tech Innovations Award, we want to do our bit towards strengthening this leading position and encouraging the most innovative companies in our industry."
"The ReVolt Technology team is delighted to be selected as one of Europe’s top ten innovative cleantech companies," stated James P. McDougall, CEO of ReVolt Technology, Ltd. "We are grateful to the jury and its efforts to recognize the important technology development efforts ReVolt Technology and the rest of the top ten companies are embarking upon to make tomorrow’s technology solutions cleaner and safer for the next generations."
ReVolt’s zinc-air, rechargeable battery technology provides a high energy solution for consumer and industrial market applications that is environmentally safe, reusable and recyclable. Revolt’s zinc-air technology offers up to three times the energy density of lithium-ion in an inherently safe package representing a major leap forward and compelling value proposition for energy-hungry devices.
About ReVolt Technology (www.revolttechnology.com)
ReVolt Technology Ltd. is a technology company, which has developed a rechargeable zinc-air battery. ReVolt’s batteries may enable more high-power consumer devices and increase the lifetime of existing consumer devices significantly. The technology is a result of six years of intense research and development at SINTEF (the largest independent research institute in Scandinavia). Research on material combinations has solved issues historically related to the metal-air technology; power, lifetime and rechargeability.
About Dow Jones (www.dj.com)
Dow Jones & Company is a subsidiary of News Corporation (NYSE: NWS, NWS.A; ASX: NWS, NWSLV; www.newscorp.com). Dow Jones is a leading provider of global business news and information services. Its Consumer Media Group publishes The Wall Street Journal, Barron's, MarketWatch and the Far Eastern Economic Review. Its Enterprise Media Group includes Dow Jones Newswires, Factiva, Dow Jones Client Solutions, Dow Jones Indexes and Dow Jones Financial Information Services. Its Local Media Group operates community-based information franchises. Dow Jones owns 50% of SmartMoney and 33% of Stoxx Ltd. and provides news content to radio stations in the U.S. Since 1882, the Dow Jones name has been synonymous with accuracy, integrity and trust.
About Mountain Cleantech AG (www.mountain-cleantech.ch)
Mountain Cleantech AG is the management company of Cleantech Invest AG, an investment fund headquartered in St. Gallen, Switzerland and listed on the Frankfurt Stock Exchange (ISIN: CH0034183175; Ticker: 4CT). Through its investment vehicle, Mountain Cleantech AG invests in established, high-growth companies and companies in special situations from the renewable energies, environmental and climate protection sectors.
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ReVolt Technology, Ltd Selected by Dow Jones Clean Tech Summit Jury as one Europe’s Top Ten Innovative Clean Tech Companies