Clean Air Power Limited Research Grant (1161Z)

TIDMCAP

RNS Number : 1161Z

Clean Air Power Limited

04 March 2013

4(th) March 2013

Clean Air Power Limited

("Clean Air Power")

Research grant

Clean Air Power (AIM: CAP), the developer and global leader in dual-fuel engine management software for heavy duty vehicles, is pleased to announce the start of a 2-year funded research project with Brunel University.

Brunel is one of the UK's leading universities with a world-class reputation in applied research and cooperation with industrial partners on internal combustion engines and their fuels. The research project has attracted funding from the UK Government's Technology Strategy Board under its Knowledge Transfer Partnership (KTP) scheme. The KTP ensures that the research delivers tangible benefits to Clean Air Power's advanced product development programmes.

The research project is aimed at developing the next generation of advanced Dual-Fuel combustion systems using natural gas and diesel. The project is to be carried out on a modern research heavy duty engine at Brunel University's Centre for Advanced Powertrains and Fuels.

This research project will deliver understanding of advanced diesel-gas combustion mechanisms and pioneer the next generation of Dual-Fuel technology that will meet the stringent demands of European and US emissions regulations whilst delivering a practical low-carbon pathway for heavy-duty transportation. The award of the project funding by the TSB is further evidence that the UK Government continues to identify and support low-carbon vehicle technology.

John Pettitt, Chief Executive of Clean Air Power said, "We are delighted that once again, Clean Air Power's Dual-Fuel technology has been recognized for its strong low-carbon benefits to the transport sector and we are very excited about the contribution that this research project will make to our advanced engineering programs and to the overall understanding of this unique internal combustion engine technology".

For further information, please contact:

Clean Air Power Limited Tel: +44 (0)1772 624 499

John Pettitt,

Peter Rowse

   Seymour Pierce  (Nominated Adviser)                                 Tel: +44 (0) 20 7107 8000

Mark Percy / David Foreman, Corporate Finance

David Banks, Corporate Broking

Citigate Dewe Rogerson Tel: +44 (0) 20 7282 2867

Malcolm Robertson / Chris Gardner

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.

Initially founded in the USA in 1991, around GBP40m has been invested in developing the technology with the result that 65 patents are currently held or pending. The holding company of the Group is based in Bermuda with operational subsidiaries in the UK, the USA and Australia. The Group was admitted to the AIM market of the London Stock Exchange in February 2006.

Further information on Clean Air Power is available at www.cleanairpower.com

About Brunel University

Brunel is a world-class university based in Uxbridge, West London. Now over 40 years old, its mission has always been to combine academic rigour with the practical, entrepreneurial and imaginative approach pioneered by our namesake Isambard Kingdom Brunel. The University is nearing completion of its GBP300 million campus redevelopment programme and now possesses an impressive range of modern, state-of-the-art facilities. The Centre for Advanced Powertrains and Fuels (CAPF) is one of the largest research groups in Europe on internal combustion engines and their fuels, comprising 6 full time member of staff and 20 research students and assistants, with state-of-art engine testing and measurement facilities.

Further information on CAPF at Brunel can be found at http://www.brunel.ac.uk/sed/mecheng/research/ee/capf/

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCSSFSWLFDSEFD

Clean Air (LSE:CAP)
Historical Stock Chart
From Aug 2024 to Sep 2024