Emission & Power Solutions Completes First Round of Financing English

LONDON, Feb. 10 /PRNewswire-FirstCall/ -- Emission & Power Solutions, Plc (Frankfurt Exchange Ticker Symbol: EPI), a clean tech company that licenses, acquires, develops, deploys, and transfers technologies dedicated to improving fuel economy while also reducing environmentally harmful exhaust emissions, announced today that the Company has closed the initial tranche of its institutional Private Placement Offering.  The lead investors in the round were UBS (Union Bank of Switzerland) and Carmignac Gestion, a leading closely held French asset manager. These investors join previous lead investors Bank Julius Baer and Italy's Anima Funds in adding the Company to their portfolios.

CEO Erik Ulsteen stated, "We are very pleased to close this first round of financing as this allows us to comfortably develop our technologies as well as support our rapid expansion in the market place.  It is a compliment to our Company and our technologies to have these investors participate in the offering.  The Company's balance sheet is now very strong and the Company is well poised to deploy its technologies in the marketplace with significant financial support."

For more information about UBS, visit:

http://www.ubs.com/

For more information about Carmignac, visit:

http://www.carmignac.ch/en/index.htm

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.  Using advanced fuel treatment devices, EPS has developed a proprietary multi-phase process utilizing engineered flow patterns in order to restructure fuel hydrocarbons. This increases fuel efficiency and produces a cleaner burn during the engine's combustion cycle.  EPS has a portfolio of technologies in production and development and continues to expand its patented product line.  

EPS' primary product is the FX Reactor In Line Device that reduces fuel consumption, increases horsepower, and significantly reduces emissions. The FX Reactor is an aftermarket apparatus that can be added directly into the fuel line of any diesel engine.  EPS is also developing a Potentiometric Sensor that selectively detects and measures combustion gases, allowing for a further reduction in emissions and improved fuel efficiency. The third technology EPS is developing is an On Board Distillation System that vaporizes fuel in order to produce a cleaner engine start and reduce total hydrocarbon emissions.

EPS is a publicly listed company that trades on the Deutsche Borse under symbol EPI. For more information about EPS and its technologies, please visit the Company website at www.epsaves.com, or please contact:

SOURCE Emission & Power Solutions, Plc