Portfolio

Amminex A/S, based in Denmark, has developed a unique high density solid storage medium which stores and releases ammonia safely at ambient temperature and pressure. A number of market applications are possible with Amminex currently concentrating on two applications: (i) NOx reductant delivery system for reducing NOx (a toxic air pollutant) from the exhaust of diesel vehicles and (ii) ammonia-based energy storage for stationary power applications. The core of the technology is the ability to safely store large amounts of ammonia in a proprietary formulation of solid metal ammine complexes. Amminex is currently scaling up its operations to meet customer long term supply agreements.

Website: wwww.amminex.net

Based in Vancouver, Canada, Cellex focused on the development of hybridized (battery and fuel cells) power systems for use in powered industrial vehicles such as fork lift trucks where small increases in productivity can generate significant cost savings and capex reduction. Cellex was successfully sold to Plug Power Inc. in April 2007 where it currently forms the core business of Plug Power.

Website: www.plugpower.com

Based in Qingdao, Northern China with research activities in Shanghai, Centec develops heat management systems for residential and commercial buildings. Its key products are a proprietary heat allocation meter and a national data processing centre. These enable accurate data recording and efficient management of heat consumption by both utilities and customers. Centec is at the heart of, and a driving force in the strong push in China towards energy efficiency in buildings as the country pursues massive urban development projects.

Website: www.cetc-energy.com

CMR is based in Cambridge, UK and focuses on the development of micro power sources utilizing a unique and cost effective fuel cells for use in portable devices.

Website: www.cmrfuelcells.com

CPT is a UK based automotive component company developing a suite of proprietary engineering technologies which comprise air flow management systems applicable to a broad range of automotive drive train platforms. The company is discussing with customers on market introduction of its solutions.

Website: www.cpowert.com

Headquartered in Berlin, Germany and an office in Vancouver, Canada, Heliocentris is a specialist in hybridized energy storage and management solutions based around hydrogen, fuel cells, batteries and renewable energy sources across a broad range of applications. The company develops and markets systems and turnkey solutions for customers in industry and science. For educational purposes, Heliocentris offers a successful series of training systems for solar hydrogen technology. The company has customers in more than 60 countries and is publicly listed on the Frankfurt Stock Exchange.

Website: www.heliocentris.com

Hydrexia is based in Brisbane, Australia and is a spin-off from the University of Queensland. The company is commercializing energy storage systems based on magnesium alloys. Target markets include transport fuelling storage and large scale industrial hydrogen storage.

Website: www.hydrexia.com.au

NFT is Tokyo based and is commercializing micro pumps using proprietary micro-fluidics technology for use in controlling micro-sized liquid delivery in a broad range of practical applications in the design of systems e.g. micro fuel cells and precision medical devices where small volumes of fluids are used.

Established in 2001 as a spin-off from Vodafone, P21 is headquartered in Munich, Germany, developing innovative energy management solutions primarily for the telecommunications industry. P21's solutions help telecommunication operators lower their OPEX by up to 70% through the reduction of diesel consumption and maintenance costs, as well as through the improvement of network visibility which allow better and more effective and efficient network management. The company also develops proprietary technologies that can be used as reliable, uninterruptible power source ensuring quality and consistent power generation. Clean power solutions which incorporate solar, wind and batteries to allow telecommunication operators to operate their base stations off-grid using renewable power, is also a major product offering. This is particularly relevant in markets where the grid is unreliable.

Website: www.p-21.de

Pemeas, based in Frankfurt Germany and New Jersey, USA, develops and supplies proprietary high temperature enabling components - membranes, MEAs, precious metal catalysts, electrode technologies - to the fuel cell industry for use in a wide range of applications such as portable and stationary power. Pemeas was successfully sold to BASF in 2006 and became BASF Fuel Cells.

PolyFuel,based in Mountain View California, develops improved membranes and systems for resolving the power gap in portable electronic devices.

Protonex,based in Massachusetts, USA designs and builds 100 to 1,000 watt power range using advanced PEM and SOFC fuel cells for portable, remote and mobile applications in the 100 to 1,000-watt range. Protonex's power systems are among the industry's smallest, lightest and highest performing for portable applications. The company has developed several products designed for end-users in military, commercial and consumer markets that are currently underserved by batteries and small generators. Products are also being developed for OEM customers to integrate high-performance power systems into their products and applications.

Website: www.protonex.com

SFC Energy, is a leader in mobile energy for leisure-time, industrial and military applications. One of Germany's technology pioneers, SFC has been awarded numerous prizes for innovation. SFC works with leading companies in a number of different industries. It has successfully sold its power solutions in numerous volumes to industrial and retail customers for the past six years. The company also has established a commercial infrastructure to distribute its fuel cartridges.

Website: www.sfc.com

Wal, is based in Hefei, Eastern China and develops and commercializes pre-engine treatment systems including advanced filtration technologies (fuel, oil, air), water separators for diesel engines meeting domestic Euro III emission standards. Wal is scaled up mass production and supplying customers locally and aboard. At the same time, Wal works with Chinese engine OEMs to develop and design the latest diesel engine models to comply with existing Euro III standards and prepare for future emissions limits.

Website: www.walfilters.com