Emission & Power Solutions Names Bjorn Magnusson as Managing Director

LONDON, Aug. 11 /PRNewswire/ -- Emission & Power Solutions, Plc ("EPS"), (Ticker: EPI.F, Bloomberg ticker: EPI:GR), announced today that Bjorn Magnusson has been named Managing Director.  Based in Turbenthal, Switzerland, Mr. Magnusson will lead the expansion of product sales and the management team in Europe.

Mr. Magnusson has served as an executive position in numerous large multinational industrial corporations.  Mr. Magnusson has held a series of managerial positions at Ericsson, including Managing Director in Venezuela, Ecuador, Colombia, Egypt, and Poland. Most recently, he was the Senior Vice President of SAAB Gripen International, overseeing sales of the SAAB Fighter Jet Jas Gripen.  He is a senior consultant at Treud Investment & Consulting SL, a defense sector firm with a focus on energy and the environment.   Mr. Magnusson holds a degree in Mechanical Engineering and a Masters degree in business and administration from INSEAD, France.

EPS Chairman Erik Ulsteen stated "We welcome Bjorn Magnusson to the senior management team of EPS.  Bjorn came to our attention because of his strong execution skills, ability to lead top-performing teams, track record of driving shareholder value.  Bjorn will be instrumental to EPS' continued expansion in Europe and increasing both sales revenues and shareholder value."

About EPS:

EPS is a "clean tech" company that licenses, acquires, develops, deploys, and transfers technologies dedicated to improving fuel economy while also reducing environmentally harmful exhaust emissions.   EPS is a publicly listed company that trades on the Frankfurt Exchange and the Xetra platform under symbol EPI.

This news release may contain "forward-looking statements" about the business, financial performance and prospects of the Company. Statements about the Company's or management's plans, intentions, expectations, beliefs, estimates, predictions, or similar expressions for the future, including any statements regarding the payment of any dividend or capital reduction or the timing and amount of such payment, are forward-looking statements.  No assurance can be given that the outcomes of these forward-looking statements will be realized, and actual results could differ materially from those expressed as a result of various factors. A discussion of these factors, including risks and uncertainties, is set forth from time to time in the Company's filings.

For more information about EPS please visit www.epsaves.com or please contact:

SOURCE Emission & Power Solutions Plc

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