Significant Contract Win (4267W)

TIDMCAP

RNS Number : 4267W

Clean Air Power Limited

31 January 2012

For immediate release 31 January 2012

Clean Air Power Ltd

("Clean Air Power" or "the Company")

Significant Contract Win

UK Genesis Vehicle Conversion Order Win

Clean Air Power (AIM: CAP), the developer of Dual-Fuel(TM) combustion technology that enables heavy-duty diesel engines to operate on a combination of diesel and natural gas, is pleased to announce a new order for its UK subsidiary to be delivered during the first six months of 2012.

Following a successful trial of Clean Air Power's Genesis Edge Dual-Fuel(TM) system, a major logistics company has ordered 27 units, worth around GBP0.7m.

The Genesis Edge product is Clean Air Power's retro-fit Dual-Fuel(TM) offering that can be installed on customers' existing vehicles. These 27 units are expected to reduce CO(2) emissions and fuel costs in comparison with traditional diesel vehicles.

The Company's Dual-Fuel(TM) technology is also offered integrated into manufacturers' vehicles on an OEM basis. Clean Air Power recently announced that a European OEM product with Clean Air Power's technology integrated within its engine was set to commence and confirms that production has now started.

Commenting on the order, John Pettitt, CEO of Clean Air Power, said:

"We are delighted to have won this order after a successful trial. It is the largest single Genesis Edge order we have ever received and demonstrates that sales momentum behind our Dual-Fuel(TM) technology is growing. This order, from such a high profile and industry leading organisation is beneficial not only to Clean Air Power but will also deliver financial and environmental benefits to our customer."

For further information please contact:

 
 Clean Air Power                        Tel: +44 (0)1772 624 499 
  John Pettitt, Chief Executive 
  Peter Rowse, Group Finance Director 
 Buchanan                               Tel: +44 (0)20 7466 5000 
  Charles Ryland 
  Ben Romney 
 
  Seymour Pierce                         Tel: +44 (0)20 7107 8000 
  Freddy Crossley/ 
  Mark Percy 
  David Banks (Corporate Broking)

Notes to Editors

About Clean Air Power

Clean Air Power is the developer and provider of Dual-Fuel(TM) combustion technology for heavy duty diesel engines. Dual-Fuel(TM) engines substantially cut fuel costs and carbon emissions without sacrificing the original engine's characteristic efficiency or reliability. Clean Air Power is well positioned to assist corporations and governments to deliver on their environmental commitments while at the same time reducing transport operators overheads.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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