CAP.L Regulatory News (CAP)

5 Sep 2007 07:01

Clean Air Power Limited05 September 2007 For immediate release 5 September 2007 Clean Air Power Ltd ("Clean Air Power" or "the Company") Completion of Demonstration Vehicle Clean Air Power Ltd (AIM:CAP) the developer of Dual-FuelTM combustion technologythat enables heavy-duty diesel engines to run on a combination of both dieseland natural gas provides an update on its engineering progress. Clean Air Power is pleased to announce the completion of a demonstration vehiclewhich was developed jointly with the Volvo Group. The heavy duty Euro V dieseltruck uses an improved version of Clean Air Power's Genesis retrofit technology.This was developed without direct access to the ECU software, but usesController Area Network (CAN) communication protocol that was jointly developedto more closely integrate the Dual-FuelTM controls with the truck's existingsystems. Volvo is one of a number of manufacturers with whom Clean Air Power hadbeen holding preliminary discussions. The Volvo demonstration truck was displayed by the Volvo Group in a presentationin Stockholm before going on to a similar demonstration in Brussels and tradeshows in northern Europe. Clean Air Power believes that its technology could provide Volvo, and othermanufacturers, with solutions applicable to a number of different types ofvehicles on a global basis. The Volvo Group truck brands include, Renault, Mack,Nissan Diesel and Volvo. In addition to trucks the Volvo Group product rangeincludes marine applications, buses, and construction equipment. Clean Air Power has submitted proposals to Volvo for the further development andcommercialisation of its technology. The Company understands the decision makinglead times involved in such discussions with manufacturers but remainsoptimistic that the proven environmental and economic benefits of its technologywill prove compelling. John Pettitt, CEO, says "Clean Air Power has been delighted to work with such aforward looking global manufacturer. The company regards the opportunity toshowcase its technology to Volvo and the wider market as a significant stepforward in its goal to enter into a full cooperation agreement with amanufacturer for the commercialisation of its Dual-FuelTM technology" For further details please contact: Clean Air Power John Pettitt, Chief Executive Tel: +44 (0) 1494 527110 Peter Rowse, Finance Director Buchanan Communications Charles Ryland/Ben Willey Tel: +44 (0)20 7466 5000 Canaccord Adams Ltd Robert Finlay/Erin Needra Tel: +44 (0)20 7050 6500 This information is provided by RNS The company news service from the London Stock Exchange