Clean Air Power Limited US Dual-Fuel Product Achieves EPA Certification (2146E)

TIDMCAP

RNS Number : 2146E

Clean Air Power Limited

06 February 2015

6 February 2015

Clean Air Power Limited

("Clean Air Power")

US Genesis EDGE Dual-Fuel(TM) Product Achieves EPA Certification

Further to the announcement on 17 December 2014, Clean Air Power (AIM:CAP), the developer and global leader in compression-ignited natural gas engine systems for heavy duty vehicles is pleased to announce that it has received a Certificate of Conformity from the United States (US) Environmental Protection Agency (EPA) for its US Genesis EDGE Dual-Fuel(TM) product.

The certificate confirms that Clean Air Power's Dual-Fuel engine meets EPA emissions requirements and is valid in 49 of the 50 US states. A separate application has been submitted to the California Air Resources Board.

Clean Air Power is now working to complete the commercial development and finalise logistical preparations ahead of commercial launch.

John Pettitt, Chief Executive of Clean Air Power, said: "I am delighted that we are now in the final stages of our preparations for the commercial launch of our Genesis EDGE Dual-Fuel(TM) product in the large and rapidly growing US market. Achieving EPA emissions certification is a major hurdle overcome."

Enquiries:

 
 Clean Air Power                    Tel: +44 (0)1772 
                                     624 499 
 John Pettitt, Chief Executive 
  Officer 
 Neill Skinner, Chief Financial 
  Officer 
 
 Citigate Dewe Rogerson             Tel: +44 (0)20 
                                     7282 2867 
 Malcolm Robertson 
 Chris Gardner 
 
 Panmure Gordon                     Tel: +44 (0)20 
                                     7886 2500 
 Corporate Finance 
 Freddy Crossley / Atholl Tweedie 
 Corporate Broking 
 Tom Salvesen 
 
 Peat & Co                          Tel: +44 (0)20 
                                     3540 1721 
 Charlie Peat

About Clean Air Power

Clean Air Power designs, develops and delivers compression-ignited natural gas engines for heavy duty transport applications. Clean Air Power's patented MicroPilot and Dual-Fuel(TM) technology enables engines to run on natural gas mixed with diesel (or any suitable combustion fuel) providing the "spark" that ignites the gas. Substituting natural gas for diesel cuts fuel costs, emissions of carbon, nitrous oxide and particulates whilst retaining the original engine's power, efficiency and reliability characteristics. Clean Air Power operates in the US, Europe, Russia and Australia and has two commercial divisions:

Dual-Fuel(TM) Vehicle Systems

Delivery of patented Dual-Fuel(TM) systems which include fully-interfaced systems developed in partnership with truck manufacturers and the Group's Genesis-EDGE system, developed in-house as an after-market solution. Dual-Fuel(TM) is a type of system that adapt diesel engines to run on a combination of diesel and natural gas whilst retaining engine's basic infrastructure. The Division sells systems to truck manufacturers for on-line assembly, approved partners for after-market installation or direct to customers through its own installation facilities. The Division also undertakes design and development work for governments and truck manufacturers on Dual-Fuel(TM) and next-generation MicroPilot systems.

Components

Design and manufacture of innovative hydraulic valves, injectors and filters for natural gas engines sold to truck manufacturers around the world.

Initially founded in the USA in 1991, around GBP50m has been invested in developing the technology with the result that 69 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.

This information is provided by RNS

The company news service from the London Stock Exchange

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