Zenergy Power Selected by European Commission for Environmental Award

Zenergy Power GmbH (LSE:ZEN), the superconductor energy technology company, is pleased to announce that it has been awarded, along with its industrial partner Bültmann GmbH, the 2010 European Business Award for the Environment in the “Process“ category for the development of its high-efficiency/high-productivity Magnetic Billet Heater (‘MBH’). The MBH is used by industrial metals producers to halve energy consumption during heating for metals extrusion while enabling up to 25% increase in productivity as a result of extraordinary temperature homogeneity.

The winners of the European Business Awards are chosen by the European Commission and are recognised as "the best of the best" businesses that make a particular contribution to sustainable development by combining innovation, economic viability, environmental concern and social responsibility. The awards are given out every two years and this year the winners were chosen from 141 entries from 24 EU and candidate countries.

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About Zenergy Power plc

Zenergy Power is a superconductor energy technology company, quoted on the AIM market of the London Stock Exchange and comprising three operating subsidiaries located in Germany, USA and Australia. The Group's commercial focus is the innovation and manufacture of clean energy superconductor solutions.

About MBH

In metals extrusion processing speed and quality depend on the homogeneous distribution of heat within billets. Magnetic Billet Heaters by Zenergy Power achieve better results by delivering homogeneous radial temperature distribution and precisely reproducible axial temperature tapers in every type of billet. This enables 45 second heating times, 50% reductions in energy usage and 45% increases in extrusion speeds. Apart from aluminium, copper and brass, the magnetic billet heater processes magnesium, titanium and Inconel as well as spray- and plasma-compacted materials at the push of the button.