The News

ReVolt Technology named a Global Cleantech 100 clean technology company

09/09/2009

Recognized by the Guardian and Cleantech Group for potential and likelihood to achieve high growth and high market impact
 
Staefa, Switzerland – September 9, 2009: ReVolt Technology, Ltd, a technology company, which has developed a rechargeable zinc-air battery, today announced it has been named a Global Cleantech 100 company by Guardian News and Media and Cleantech Group™, LLC, providers of leading research, events and advisory services for the cleantech ecosystem.

The Global Cleantech 100 is the first ever list highlighting the most promising private clean technology companies around the world. Supported by the Carbon Trust, the Global Cleantech 100 recognises companies at the forefront of cleantech innovation offering solutions to some of the world’s most pressing environmental challenges.

The final list represents the collective opinion of hundreds of leading experts from cleantech innovation and venture capital companies in EMEA, North America, India and China, combined with the specific input of an expert panel of 35, drawn from well-respected organisations such as Altira Group, Crossover Advisors, Deloitte, Emerald Technology Ventures, Google, Kleiner Perkins Caulfield & Byers, New York Stock Exchange, NGEN Partners, Nth Power, New Enterprise Associates, Sterling Communications, Tsing Capital and Vantage Point Venture Partners.

The panel’s views were combined with insights from the Cleantech Network™, the de facto industry association of international clean technology investors, entrepreneurs, large corporations and other industry insiders. Some 3,500 companies were nominated/considered.

“The first ever Global Cleantech 100 shines a spotlight on which companies and which technology areas the global innovation community is most excited about from a commercial standpoint,” said Richard Youngman, managing partner at Cleantech Group.

“We are deeply honoured to receive this recognition from such an esteemed group of global thought leaders and experts in the field of clean technology,” said James P. McDougall, CEO of ReVolt Technology, Ltd. “We are grateful to the selection committee for recognizing ReVolt Technology as one of the world’s top 100 clean technology companies.”

ReVolt Technology, Ltd, and other winners are being honoured today at Cleantech Forum XXIII in Boston, 8-10 September 2009 (www.cleantech.com/bostonforum) and will be celebrated at Cleantech Forum XXIV in Delhi, 15-16 October 2009 (www.cleantech.com/delhiforum) and at the Guardian’s UK Cleantech Summit in London on 23 November 2009 (guardian.co.uk/cleantechsummit).

ReVolt Technology, Ltd, received the award on the basis of its zinc-air, rechargeable battery technology, which 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 and cost-effective package representing a major leap forward and compelling value proposition for energy storage applications.
More than half (56) of the companies listed on the Global Cleantech 100 are headquartered in North America, while European firms make up 36 percent. Five firms are based in Israel and three in India.

The full list of Global Cleantech 100 firms is available on the Guardian (guardian.co.uk/globalcleantech100) and Cleantech Group (cleantech.com/news/awards/globalcleantech100) websites.

About the Cleantech Group, LLC
The Cleantech Group pioneered the clean technology investment category in 2002. Today, it accelerates the development and market adoption of clean technologies globally. The company’s worldwide network of investors, entrepreneurs, enterprises, service providers and others—representing trillions of dollars in assets—receives access to capital, investment deal flow, networking, market leading research and data, sales leads and promotional opportunities. The Cleantech Group also provides advisory services for large corporations and governments, publishes leading cleantech sector industry news coverage and produces the premier Cleantech Forum® events worldwide. Details are available at http://www.cleantech.com.

About the Guardian
The Guardian is a unique voice with an international reach delivering progressive journalism to a global audience. The Guardian's vision is to be the leader on sustainability within the media industry and to be environmentally regenerative in their activities. Through their editorial coverage and business activities, they demonstrate to readers, staff, advertisers, suppliers and their communities that GNM (Guardian News and Media) is committed to enhancing society's ability to build a sustainable future.

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.

CONTACTS:           
ReVolt Technology, Ltd
James P. McDougall, CEO                
+41 44 928 78 00              
jm@revolttechnology.com