ReVolt Technology named a 2010 Global Cleantech 100 company

15 Oct, 2010

ReVolt, portfolio compay in a Verdane Fund, is recognised as a Global Cleantech 100 company for the potential to make the most significant market impact over the next 5-10 years.

Dortmund, Germany – October 13, 2010 - ReVolt Technology, a technology company, which has developed a rechargeable zinc-air battery, today announced it has been named a 2010 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 recognises companies at the forefront of cleantech innovation offering solutions to some of the world’s most pressing environmental challenges. Hundreds of worldwide cleantech experts – including companies themselves – nominated the list, which also included so-called "passive" nominations and validations derived from analysing market data, taking votes of confidence in a company's ability to achieve high growth and high-market impact from market transactions such as investment rounds, and major customer and partnership announcements.

To be on the list, companies must be independent, for-profit, cleantech companies that are not listed on any major stock exchange.

In 2010, 4,616 nominations were received from 3,260 unique sources, resulting in a longlist of 3,138 companies. A weighting and filter system was then applied to collate the results, score each company, and reduce the candidates to a shortlist of 218 companies to present to an expert advisory panel in a second stage of the process. Here members of the expert panel combine their votes with scores carried through from the first stage. Ultimately firms are scored on three key criteria: their innovation, their market's size and growth, and the company's ability and resources to execute its technology. The result is this authoritative guide to the best 100 companies in cleantech.

The full list of Global Cleantech 100 firms is available on the Guardian website at:
http://www.guardian.co.uk/globalcleantech100/cleantech-100-2010-list

“We are deeply honoured to receive this recognition from such an esteemed group of global thought leaders comprised of 60 experts in the field of clean technology,” said James P. McDougall, CEO of ReVolt Technology. “We are grateful to the selection committee for recognizing ReVolt Technology as one of the world’s top 100 clean technology companies and extend our congratulations to our peers in the top 100 as well as the many great aspiring companies that were nominated.”

ReVolt Technology 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.

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 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. Further information on ReVolt Technology is available on the Internet at www.revolttechnology.com

CONTACTS:           
ReVolt Technology
James P. McDougall, CEO                
+49 231 72 57 85 11              
jm@revolttechnology.com