The News

ReVolt Technology Selected as a Top-24 European Cleantech Leader

19/06/2009

Recognized as one of the most promising Cleantech companies in Europe

Staefa, Switzerland, June 19, 2009 – ReVolt Technology, Ltd, a technology company, which has developed a rechargeable zinc-air battery, today announced that it has been chosen as a one of the Top-24 leading European start-up and early stage cleantech companies from a pool of over 300 applicants. The Top-24 winning companies were selected by a committee composed of experienced cleantech investors and professionals across Europe to present at the Cleantech Summit 2009. The Cleantech Summit was held in Geneva, on June 17 and 18, where an international delegation of more than 140 influential investors, technology industry leaders, service providers and academics participated in the event. The selected companies span cleantech segments such as: solar, wind, wave and bio energy; energy efficiency and storage; clean transport; biomaterials and waste management.

“This summit is about what our society needs to address the climate change issue: collaboration. We are facilitating the collaboration between entrepreneurs and investors, start-ups and established companies, energy generators and energy users; and between business and politics,” said Bernard Vogel, President Cleantech Summit 2009. “Some very exciting start-ups took part in the Cleantech Summit 2009, many with the potential to impacts consumers’ lives for the better in the long term.”

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.
“The ReVolt Technology team is indeed honored to receive recognition as one of Europe’s Top-24 cleantech companies,” stated James P. McDougall, CEO of ReVolt Technology, Ltd. “We are grateful for the selection committee’s decision to include ReVolt Technology as a member of this esteemed group of industry leaders. The summit provided a very useful platform for ReVolt Technology to present to a very dynamic delegation and facilitated collaboration with several of its members on some exciting and important opportunities.”

About ReVolt Technology
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. Details are available at
The European Tech Tour Association (ETT) was founded in Geneva in 1998 in response to the growing interest in emerging technology companies in various European regions. ETT is an independent, not-for-profit organization composed of key contributors to the high-technology industry. The association recognizes that continued prosperity in Europe lies in its ability to transform today's innovative projects into tomorrow's global technology leaders. In keeping with the theme, the Cleantech Tech Tour will compensate the carbon footprint for all participants. Details are available at www.techtour.com