MicroPower Global Limited Selected to Present at CleanEquity Monaco 2013

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Feb 21, 2013, 07:30 ET

LONDON, Feb. 21, 2013 /PRNewswire/ -- MicroPower Global Limited ("MicroPower") will present at CleanEquity Monaco 2013 on March 7th & 8th at the Sporting d'Hiver, Monaco.

(Logo: http://photos.prnewswire.com/prnh/20121119/CL15975LOGO)

CleanEquity Monaco is an annual invitation-only event hosted by Innovator Capital, the London based specialist cleantech investment bank.

Other partners and sponsors include Prince Albert II of Monaco's Foundation, Covington & Burling, PR Newswire, the Monte-Carlo SBM and Monaco Chamber of Economic Development.

MicroPower has been identified by an expert panel as one of the world's most innovative cleantech companies and has been selected to present to senior financial and strategic cleantech investors, policy makers, legislators, end users and media.

MicroPower is a private company, formed in late 2008, that has developed ground breaking technology in the area of energy conservation. The MicroPower Chip is a new solid-state semiconductor without moving parts, similar in many ways to a thermoelectric device, which converts a temperature differential directly into electricity, leading to significant energy savings in a number of industrial and military applications.

The technology has widespread patent protection (48 patents in the US and internationally) and the resulting material has been independently tested by various recognized sources, including the US National Institute of Standards and Technology and the US Army Research Laboratory.

To complete product development, and commence production quickly and cost-effectively, MicroPower partnered with Texas State University, which recently opened a new Science, Technology, and Advanced Research Park that will provide initial production facilities for the company.

The immediate target applications are:

Lightweight portable power packs, using a microburner as the heat source, for troops in the field to recharge their equipment;
Devices for converting waste heat to electricity, to increase electrical generating capacity (such as waste recycling plants, conventional power plants and CHP units); and
Devices for converting waste heat to electricity, to reduce the critical cost of power in key industries such as cement, chemicals and steel manufacturing.

Modest penetration of a few of these market opportunities will lead to exceptional growth from Q3 2013 onwards.

For further information, visit www.micropower-global.com

Contact: Tristan Lewinsohn, Director of Business Development

[email protected], +44 7948 219 807

About Innovator Capital

Innovator Capital is a specialist investment bank advising Cleantech and Life Science companies from around the world. Established in 2003, Innovator focuses on the provision of expert strategic and capital markets advice, transaction arranging and M&A services for private and public companies.

www.cleanequitymonaco.com

SOURCE Innovator Capital