http://www.revolt.co.uk en-us Tue, 30 Nov 2010 10:50:07 GMT
Dortmund, Deutschland – 28. Oktober 2010 – ReVolt Technology, Norwegen, ein Technologieunternehmen, das innovative, wiederaufladbare Zink–Luft–Batterien entwickelt, gibt heute die Verlegung seiner Europazentrale von der Schweiz nach Dortmund, in das Zentrum Für Produktionstechnik Dortmund (ZfP), Carlo–Schmid–Allee 3, bekannt.

"Wir freuen uns, Teil von Dortmund und Nordrhein–Westfalen zu werden. Denn es gibt zahlreiche Faktoren, mit denen uns beide als Standort für unsere Europazentrale überzeugt haben: Ganz besonders hervorheben möchte ich das klare Bekenntnis der Politik, die Einführung innovativer Umwelttechnologien zu unterstützen. Zudem verfügt die Region über hochqualifizierte Arbeitskräfte und liegt geografisch günstig zu unseren strategischen Partnern, Investoren und Universitäten, mit denen wir regelmäßig zusammenarbeiten. Es handelt sich aus unserer Sicht um eine Region mit stabilen Wachstumsaussichten, verbunden mit hohem Engagement und attraktiven Angeboten für junge Hightech–Unternehmen", sagte James P. McDougall, CEO der ReVolt Technology GmbH.

"ReVolt Technology belegt mit der Verlegung seiner Europazentrale die Attraktivität des Standortes Nordrhein–Westfalen für Elektromobilität", sagte NRW–Wirtschaftsminister Harry K. Voigtsberger. "Energiespeicherlösungen, wie sie ReVolt Technology entwickelt, leisten einen wichtigen Beitrag für unser Ziel, in Nordrhein–Westfalen bis 2020 mindestens 250.000 Fahrzeuge mit elektrischem Antrieb auf die Straße zu bringen", so der Minister. "Elektrische Antriebe werden uns auch dabei helfen, unsere Probleme bei der Luftreinhaltung zu lösen und die Lärmbelastung zu reduzieren."

ReVolt Technology GmbH wurde vom Land NRW für eine Förderung ausgewählt, um Energiespeicherlösungen für die Elektromobilität zu entwickeln und umzusetzen. Eine Genehmigung für den Projektstart wurde kürzlich vom Land NRW erteilt. Das Unternehmen wurde von einer Jury bestehend aus Wissenschafts– und Industrieexperten aus insgesamt 54 Bewerbern ausgewählt. Die letztendlich zur Förderung vorgeschlagenen 22 Projekte sollen insgesamt mit 46,5 Millionen Euro aus Mitteln der EU und des Landes NRW unterstützt werden.

Zusätzlich kann die ReVolt Technology GmbH im ZfP auf modernste Gebäudetechnik und einen breit gefächerten Gerätepool zurückgreifen, und hat damit optimale Voraussetzungen für die Fortführung ihre Forschungs– und Entwicklungsaktivitäten. Das ZfP wurde im Auftrag der Stadt Dortmund, hier dem Sondervermögen Verpachtung Technologiezentrum Dortmund (SVTZ), als Spezialimmobilie für Existenzgründer und Wachstumsunternehmen entwickelt. Die ReVolt wird darüber hinaus beim Aufbau und Ausbau ihres Standortes in Dortmund u.a. durch die Vermittlung von Kooperationspartnern sowie Finanzierungsmöglichkeiten unterstützt.

"Dortmund ist ein Technologiestandort, der mit seinem Angebot Unternehmen, die sich mit der Entwicklung neuer Technologien beschäftigen, überzeugen kann," so Udo Mager, Geschäftsführer der Wirtschaftsförderung Dortmund. "Vor allem für den Zukunftsstandort PHOENIX West ist dieser Ansiedlungserfolg ein weiterer Schritt in die nachhaltige Entwicklung der ehemaligen Montanfläche."

"Die ReVolt Technology GmbH passt mit ihren Forschungs– und Entwicklungsansätzen perfekt zum Technologie–Portfolie des Zentrums für Produktionstechnologie Dortmund", so Guido Baranowski, Geschäftsführer des TechnologieZentrumDortmund. "Wir sind glücklich, dass wir mit unseren passgenauen Angeboten im Bereich der technischen Infrastruktur und im Business–Support, die ReVolt Technology GmbH überzeugen konnten sich am High–Tech–Standort Dortmund niederzulassen."

Crispin Leick, Geschäftsführer der Innogy Venture Capital GmbH, die eine Minderheitsbeteiligung an Revolt hält: "Die Energieversorgung der Zukunft wird von den Möglichkeiten zur Speicherung von Energie abhängen. Aus diesem Grunde haben wir bereits im Januar 2009 im Rahmen unserer Venture Capital–Aktivitäten eine Minderheitsbeteiligung an ReVolt erworben und das Unternehmen seitdem in seiner weiteren Entwicklung unterstützt. Der Umzug nach Dortmund wird ReVolt noch näher an seine strategischen Partner heranbringen und viele Entwicklungskooperationen vertiefen. Mit diesem Schritt unterstützen NRW und Dortmund die Entwicklung einer effizienten Speichertechnologie vor Ort, die auch RWE Innogy überzeugt hat. Wir freuen uns, dass NRW einen weiteren Baustein bekommt, um zu einer Technologiehochburg zu werden."

Ursprünglich in Norwegen entwickelt, beruht die neuartige patentierte Zink–Luft–Technologie von ReVolt auf Forschungen, die in einem der führenden wissenschaftlichen Institute Skandinaviens durchgeführt wurden. ReVolts Zink–Luft–Technologie für wiederaufladbare Batterien bietet eine Lösung mit hoher Energiedichte für Anwendungen im Konsumenten– und Industriebereich, die umweltfreundlich, wieder verwendbar und recyclebar ist. Die Zink–Luft–Technologie von ReVolt bietet gegenüber Lithium–Ionen–Batterien eine bis zu drei Mal höhere Energiedichte in einem sicheren und kostengünstigen Gesamtsystem, sie stellt einen großen Sprung nach vorn dar und überzeugt mit einzigartigen Nutzen für Anwendungen als Energiespeicher.
Über ReVolt Technology (www.revolttechnology.com)
ReVolt Technology ist ein Technologieunternehmen, das eine neuartige wiederaufladbare Zink–Luft–Batterie entwickelt. Die Batterien von ReVolt können energieintensivere Verbrauchergeräte und Elektrofahrzeuge versorgen und erneuerbarere Energie speichern. Die Technologie ist das Ergebnis von sechs Jahren intensiver Forschung und Entwicklung am SINTEF (der größten unabhängigen Forschungseinrichtung in Skandinavien). Die Forschungen zu Materialkombinationen haben die traditionell mit der Metall–Luft–Technologie verbundenen Probleme – Leistung, Lebensdauer und Wiederaufladbarkeit – gelöst.


Medienkontakt:

Anfragen in Englisch
James P. McDougall
Chief Executive Officer
+49 231 72 57 85 11
jm@revolttechnology.com

Anfragen in Deutsch
Thomas Gebauer
Chief Financial Officer
+49 231 72 57 85 16
tg@revolttechnology.com

US Media Contact
Tom Resau, Sr. Public Relations Manager
CPillsbury Winthrop Shaw Pittman LLP
+1 (202) 663–8236
tom.resau@pillsburylaw.com]]> Thu, 28 Oct 2010 00:00:00 GMT
Dortmund, Deutschland – October 28, 2010 – ReVolt Technology, a technology company which is developing innovative, rechargeable zinc–air batteries, today announced that it has re–established its European headquarters from Switzerland to Dortmund, Germany at the Zentrum für Produktionstechnik Dortmund (ZfP), Carlo–Schmid–Allee 3.

"ReVolt Technology concluded its decision to relocate to Dortmund and North Rhine–Westphalia, after an extensive review of strategic localization factors including: commitment to public policy supporting the adoption of green technologies, commitment to the environment in everyday life by the society, skilled workforce, location of strategic partners and investors and universities, a diverse and strong local and national economy with solid growth prospects combined with an attractive array and strong commitment of economic development assistance through each stage of the company’s growth," stated James P. McDougall, CEO and Managing Director of ReVolt Technology GmbH.

"The relocation of Revolt Technology’s European Headquarters confirms the attractiveness of North Rhine–Westphalia for Electromobility research and applications," said NRW’s Minister of Economic Affairs Harry K. Voigtsberger." Energy storage solutions like the ones being developed by Revolt Technology GmbH are making an important contribution to our goal of putting at least 250,000 electric vehicles on the road by 2020 in North Rhine–Westphalia. Electric vehicles will help us to solve problems with air pollution and noise pollution."

ReVolt Technology was selected by North Rhine–Westphalia for a grant focused on developing energy storage solutions for electric mobility. The company was recently granted approval from the state of North Rhine–Westphalia to commence the project. Revolt was selected by a panel of experts from academia and industry panel of judges before a total of 54 project proposals. The final 22 projects selected will be funded with 46.5 million Euros from EU and state funds.

In addition, ReVolt Technology GmbH will benefit from access to modern building and equipment infrastructure at the ZfP, providing optimal conditions for the continuation of their research and development activities. The ZfP was commissioned by the city of Dortmund. ReVolt Technology GmbH will be supported by ZfP during its build out and build up through introductions to partners for development and financing.

"Dortmund is a Hightech hub that offers a compelling environment for the development of new technologies," said Udo Mager, Managing Director of the Economic Development Agency Dortmund. "The Phoenix West location decision is another success and further step forward in securing new technology developments for the former mining area.

"ReVolt’s research and development focus is a perfect fit with the technology portfolio of the ZfP in Dortmund," said Guido Baranowski, Managing Director of the Dortmund Technology Center. "We are delighted that we were able to attract them to the High–Tech Hub of Dortmund with our ready–made technical infrastructure and business support."

"We are honored to become a member of the local business community of North Rhine–Westphalia and excited to bring our program focused on development of the next generation of energy storage for low–cost, environmentally–friendly, high–energy applications for consumer and industrial applications," stated CEO and Managing Director, James P McDougall. "The robust ecosystem of North Rhine–Westphalia combined with its long–term commitment to supporting the development of transformational energy storage solutions is indeed very impressive and compelling for us to relocate and make a long–term commitment to the region."

The move to Germany will place the heart of ReVolt’s European headquarters much closer to many of its strategic partners to better facilitate cooperation and coordination.

Crisping Leick, Head of RWE Innogy Venture Capital said: "With this step the state of North Rhine–Westphalia supports the development of an innovative and efficient storage technology in its own home province, which has also convinced RWE Innogy. This is because energy supply in the future will depend on the various options of storing energy. For this reason, we had acquired a minority stake in Revolt as part of our venture capital activities back in January 2009 and have been supporting the company in their further development ever since. We are happy that we are now moving closer together and that North Rhine–Westphalia receives another building block to grow into a technology stronghold."

Initially developed in Norway, ReVolt’s patented zinc–air technology is based on research conducted at one of Scandinavia’s top scientific institutes. ReVolt’s zinc–air, rechargeable battery technology provides a high energy solution for consumer and industrial market applications that is environmentally safe, reusable and recyclable. Revolt’s zinc–air technology offers up to three times the energy density of lithium–ion in an inherently safe and cost–effective package representing a major leap forward and compelling value proposition for energy storage applications.

About ReVolt Technology (www.revolttechnology.com

ReVolt Technology is a technology company, which is developing a rechargeable zinc–air battery. ReVolt’s batteries may enable more high–power consumer devices, electric vehicles and renewable energy storage. The technology is a result of six years of intense research and development at SINTEF (the largest independent research institute in Scandinavia). Research on material combinations has solved issues historically related to the metal–air technology; power, lifetime and rechargeability.


Media Contacts:

Inquiries in English
James P. McDougall, CEO
CEO & Managing Director
+49 231 72 57 85 11
jm@revolttechnology.com

Inquiries in German
Thomas Gebauer
CFO
+49 231 72 57 85 16
tg@revolttechnology.com

US Media Contact
Tom Resau, Sr. Public Relations Manager
CPillsbury Winthrop Shaw Pittman LLP
+1 (202) 663–8236
tom.resau@pillsburylaw.com]]> Thu, 28 Oct 2010 00:00:00 GMT
Dortmund, Germany – October 13, 2010 – ReVolt Technology, a technology company, which has developed a rechargeable zinc–air battery, today announced it has been named a 2010 Global Cleantech 100 company by Guardian News and Media and Cleantech Group, LLC, providers of leading research, events and advisory services for the cleantech ecosystem.

The Global Cleantech 100 recognises companies at the forefront of cleantech innovation offering solutions to some of the world’s most pressing environmental challenges. Hundreds of worldwide cleantech experts – including companies themselves – nominated the list, which also included so–called "passive" nominations and validations derived from analysing market data, taking votes of confidence in a company’s ability to achieve high growth and high–market impact from market transactions such as investment rounds, and major customer and partnership announcements.

To be on the list, companies must be independent, for–profit, cleantech companies that are not listed on any major stock exchange.

In 2010, 4,616 nominations were received from 3,260 unique sources, resulting in a longlist of 3,138 companies. A weighting and filter system was then applied to collate the results, score each company, and reduce the candidates to a shortlist of 218 companies to present to an expert advisory panel in a second stage of the process. Here members of the expert panel combine their votes with scores carried through from the first stage. Ultimately firms are scored on three key criteria: their innovation, their market’s size and growth, and the company’s ability and resources to execute its technology. The result is this authoritative guide to the best 100 companies in cleantech.

The full list of Global Cleantech 100 firms is available on the Guardian website at: http://www.guardian.co.uk/globalcleantech100/cleantech–100–2010–list

"We are deeply honoured to receive this recognition from such an esteemed group of global thought leaders comprised of 60 experts in the field of clean technology," said James P. McDougall, CEO of ReVolt Technology. "We are grateful to the selection committee for recognizing ReVolt Technology as one of the world’s top 100 clean technology companies and extend our congratulations to our peers in the top 100 as well as the many great aspiring companies that were nominated."

ReVolt Technology received the award on the basis of its zinc–air, rechargeable battery technology, which provides a high energy solution for consumer and industrial market applications that is environmentally safe, reusable and recyclable. Revolt’s zinc–air technology offers up to three times the energy density of lithium–ion in an inherently safe and cost–effective package representing a major leap forward and compelling value proposition for energy storage applications.

About the Cleantech Group, LLC
The Cleantech Group pioneered the clean technology investment category in 2002. Today, it accelerates the development and market adoption of clean technologies globally. The company’s worldwide network of investors, entrepreneurs, enterprises, service providers and others–representing trillions of dollars in assets–receives access to capital, investment deal flow, networking, market leading research and data, sales leads and promotional opportunities. The Cleantech Group also provides advisory services for large corporations and governments, publishes leading cleantech sector industry news coverage and produces the premier Cleantech Forum events worldwide. Details are available at www.cleantech.com.

About the Guardian
The Guardian is a unique voice with an international reach delivering progressive journalism to a global audience. The Guardian’s vision is to be the leader on sustainability within the media industry and to be environmentally regenerative in their activities. Through their editorial coverage and business activities, they demonstrate to readers, staff, advertisers, suppliers and their communities that GNM (Guardian News and Media) is committed to enhancing society’s ability to build a sustainable future.

About ReVolt Technology
ReVolt Technology is a technology company, which has developed a rechargeable zinc–air battery. ReVolt’s batteries may enable more high–power consumer devices and increase the lifetime of existing consumer devices significantly. The technology is a result of six years of intense research and development at SINTEF (the largest independent research institute in Scandinavia). Research on material combinations has solved issues historically related to the metal–air technology; power, lifetime and rechargeability. Further information on ReVolt Technology is available on the Internet at www.revolttechnology.com

CONTACTS
ReVolt Technology
James P. McDougall, CEO
+49 231 72 57 85 11
jm@revolttechnology.com]]> Wed, 13 Oct 2010 00:00:00 GMT
Dortmund, Deutschland – 13. Oktober 2010 – ReVolt Technology GmbH, ein Technologieunternehmen, das eine wiederaufladbare Zink–Luft–Batterie entwickelt hat, gab heute bekannt, dass es durch die Guardian News and Media und Cleantech Group, LLC, dem führenden Anbieter von Forschungs–, Veranstaltungs– und Beratungsdienstleistungen im Bereich Umwelttechnologie und Ökosystem, zum Global Cleantech 100 Unternehmen für 2010 gewählt worden ist.

Global Cleantech 100 würdigt Unternehmen, die mit Innovationen bei Umwelttechnologien an vorderster Front stehen und Lösungen für einige der dringendsten ökologischen Herausforderungen liefern. Hunderte internationale Experten für Umwelttechnologien weltweit – einschließlich Cleantech–Unternehmen selbst – haben die Liste aufgestellt, die auch so genannte "passive" Nominierungen und Bewertungen enthielt. Dazu wurden Analysen von Marktdaten und Bewertungen über das Vertrauen in das Potenzial des Unternehmens für hohe Wachstumsraten und bedeutenden Markteinfluss durch Markttransaktionen, Investitionsmaßnahmen und Bekanntgaben großer Kunden– und Partnerschaftsprojekte, hinzugezogen.

Auf diese Liste gelangen nur unabhängige und gewinnorientierte Unternehmen im Bereich Umwelttechnologie, die an keiner Börse gelistet sind.
2010 gingen 4.616 Nominierungen von 3.260 einzelnen Quellen ein, die eine Longlist von 3.138 Unternehmen ergaben.

Danach wurde ein System zur Gewichtung und Filterung eingesetzt, um die Ergebnisse zu ordnen, jedem Unternehmen eine Bewertungszahl zuzuordnen und die Kandidatenanzahl auf eine Kurzliste von 218 Unternehmen zu reduzieren, um diese in einem zweiten Verfahrensschritt einem Beratungsgremium aus Experten vorzulegen. Hier kombinieren die Mitglieder des Expertengremiums ihre Stimmen mit den im ersten Schritt vergebenen Bewertungszahlen. Letztlich werden die Unternehmen nach drei Hauptkriterien bewertet, Innovation, Marktgröße und Wachstum sowie die Fähigkeiten und Ressourcen des Unternehmens, seine Technologie umzusetzen. Das Ergebnis ist ein verlässlicher Leitfaden über die 100 besten Unternehmen im Bereich Umwelttechnologie.

Die komplette Liste der Firmen der Global Cleantech 100 ist auf der Webseite des Guardian unter folgender Adresse abrufbar: http://www.guardian.co.uk/globalcleantech100/cleantech–100–2010–list

"Wir fühlen uns sehr geehrt, diese Würdigung von einer derart angesehene Gruppe von 60 internationalen Experten aus der Cleantech–Branche zu erhalten", sagte James P. McDougall, Geschäftsführer von ReVolt Technology. "Wir sind dem Auswahlkomitee sehr dankbar für die Anerkennung von ReVolt Technology als eines der 100 Spitzenunternehmen für Umwelttechnologie weltweit. Unsere Glückwünsche gehen an die Kollegen in den Top 100 und den vielen großartigen, ehrgeizigen Unternehmen, die nominiert worden sind."
Die ReVolt Technology GmbH erhielt die Auszeichnung aufgrund seiner revolutionären Technologie für eine wiederaufladbare Zink–Luft–Batterie, die eine Lösung mit hoher Energiedichte für Anwendungen im Consumer– wie im Industrial–Bereich bietet und ökologisch sicher, wieder verwendbar und recyclebar ist. Die Zink–Luft–Technologie von Revolt bietet eine bis zu dreifache höhere Energiedichte gegenüber Lithium–Ionen–Batterien in einem sicheren und kostengünstigen Gesamtsystem, sie stellt einen großen Sprung nach vorn dar und überzeugt mit Nutzenversprechen für Anwendungen als Energiespeicher.

Über Cleantech Group, LLC
Cleantech Group bereitete im Jahr 2002 den Weg für die neue Investmentkategorie Cleantech. Heute beschleunigt das Unternehmen die Entwicklung und Vermarktung von Umwelttechnologien weltweit. Das weltweite Netzwerk des Unternehmens aus Investoren, Unternehmern, Dienstleistungsanbietern und anderen – die Billionen Dollar Kapitalvermögen repräsentieren – erhält Zugang zu Kapital, Investitionsmöglichkeiten, marktführenden Forschungen und Daten, Kunden und Fördermöglichkeiten.
Näheres erfahren Sie unter www.cleantech.com.

Über Guardian
Der Guardian ist eine einzigartige Stimme mit internationaler Ausstrahlung, die einen progressiven Journalismus für ein weltweites Publikum bietet. Die Vision des Guardian ist es, beim Thema Nachhaltigkeit eine führende Rolle innerhalb der Medienindustrie zu spielen und seine Tätigkeit umweltfreundlich durchzuführen. Durch seine redaktionelle Berichterstattung und seine Geschäftstätigkeit demonstriert der Guardian Lesern, Mitarbeitern, Inserenten und Lieferanten, dass er sich für die Entwicklung der Fähigkeiten der Gesellschaft engagiert, eine nachhaltige Zukunft zu gestalten.

Über ReVolt Technology
ReVolt Technology ist ein Technologieunternehmen, das eine wieder aufladbare Zink–Luft–Batterie entwickelt hat. Die Batterien von ReVolt können energieintensivere Verbrauchergeräte versorgen und die Lebensdauer der vorhandenen Geräte bedeutend verlängern. Die Technologie ist das Ergebnis von sechs Jahren intensiver Forschung und Entwicklung am SINTEF (der größten unabhängigen Forschungseinrichtung in Skandinavien). Die Forschungen zu Materialkombinationen haben die traditionell mit der Metall–Luft–Technologie verbundenen Probleme – Leistung, Lebensdauer und Wiederaufladbarkeit – gelöst. Weitere Informationen über ReVolt Technology sind im Internet unter www.revolttechnology.com verfügbar.

KONTAKT
ReVolt Technology
James P. McDougall, CEO
+49 231 72 57 85 11
jm@revolttechnology.com]]> Wed, 13 Oct 2010 00:00:00 GMT
ReVolt selects headquarters site in Portland Urban Renewal Area

Portland, Oregon, August 27, 2010 – ReVolt Technology, LLC, a technology company which has developed a rechargeable zinc–air battery, today announced that it has been approved to receive a package of loans and tax credits from Oregon and Portland authorities totaling approximately $6.8 million, including support from the Oregon Department of Energy’s Small Scale Energy Loan Program (SELP), which is intended to promote energy conservation and renewable energy resource development. Upon final closing, the SELP funding and incentives will further enhance ReVolt’s research and development work in a public–private partnership producing cutting–edge battery systems for electric vehicles.

ReVolt has selected a site in Portland’s Airport Way Urban Renewal Area, at 12021 NE Airport Way, Suite G, to serve as its headquarters and expects to begin battery development and HQ operations there in October, supporting approximately 150 jobs between 2010 and 2015.

ReVolt’s recent commitment of $6.8 million in funding support from Oregon, combined with the $5 million in federal funding from the U.S. Department of Energy’s (DOE) Advanced Research Projects Agency–Energy (ARPA–E), will catalyze and propel ReVolt’s North American business development efforts. Under ARPA–E’s "Batteries for Electrical Energy Storage in Transportation," or "BEEST" program, ReVolt will develop a powerful, safe and environmentally–sustainable rechargeable zinc–air battery system for electric vehicle applications.

"We are extremely pleased to receive this generous package of financial support from Oregon and Portland. These funding milestones will help us continue executing according to plan as we expand our team, operations and business strategies in North America," said ReVolt Technology CEO James P. McDougall. "The SELP and PDC loan programs combined with BETC tax credits are among the key clean technology economic development incentives that led us to choose Oregon for our headquarters. This additional capital will help us develop important clean energy technologies for the future here in Portland, beginning with rechargeable zinc–air flow batteries fostering energy independence and next–generation electric vehicles."

"It’s great to see ReVolt Technology and the state coming together to create jobs and clean energy technology," said U.S. Senator Jeff Merkley (D–OR). "Oregon’s technology sector has always been a source of local pride, and ReVolt’s development of cutting–edge rechargeable batteries helps bring us one step closer to realizing our country’s clean energy future."

"We can now add ReVolt to the growing list of companies that are coming to Oregon and bringing jobs with them," said U.S. Senator Ron Wyden (D–OR). "This is further evidence that Oregon’s commitment to innovative clean–energy technologies is paying off and that the partnership between federal, state and local governments to support innovative private sector businesses is succeeding in growing family wage jobs in the state."

"ReVolt’s announcement that they have secured crucial financing is an exciting affirmation of the federal, state, and local commitment to building Oregon’s clean energy economy," said Congressman Earl Blumenauer (D–OR). "It is particularly welcome news that they are locating in my Congressional District on NE Airport Way. I look forward to monitoring their progress in advancing the development of clean, renewable technology and in creating new jobs for Oregonians."
"I worked to bring ReVolt to Oregon because our state needs high–wage, private sector jobs," said Congressman David Wu (D–OR). "Today we celebrate this wonderful news. Tomorrow, we get folks back to work and start manufacturing the next–generation products that will protect our environment and move our country forward."

"We are pleased to welcome ReVolt to Oregon and look forward to partnering with the company as we develop our clean energy economy," said Oregon Governor Ted Kulongoski. "This investment will mean jobs immediately for Oregonians, with the promise of more in the future. In addition, the battery technology research and eventual manufacturing that ReVolt plans will help Oregon remain a global leader on electric vehicles."

"I’m tremendously excited by ReVolt’s decision to locate in Oregon," said Oregon State Representative Tobias Read (D–Beaverton), Chair of the Oregon House Committee on Sustainability and Economic Development. "ReVolt is a great fit for Oregon’s economic strategy and will contribute immeasurably to our energy security and independence goals. While too many Oregonians are still unemployed and underemployed, the 150 family wage jobs ReVolt is bringing to our state is an indication that our future looks bright."

"Oregon is doing what it takes to get our economy back on track, and ReVolt’s decision to relocate here in Oregon is proof positive that we are a good place to grow a business," said Oregon House Speaker Dave Hunt (D–OR). "Oregon’s commitment to clean energy technology, combined with all the quality of life benefits we offer, merges perfectly with ReVolt’s dedication to growth and innovation."

"ReVolt had many options for locating its headquarters. They picked Oregon because our state is an ideal place to prosper in the next 50 years. ReVolt is investing here because they’re focused on looking forward, and they see that we share their vision for clean technology and an innovative work force," said Oregon House Majority Leader Mary Nolan (D–OR).

"Welcome to Portland, ReVolt!" exclaimed Portland Mayor Sam Adams. "As a company on the cutting edge of the electric–vehicle industry, ReVolt is bringing to Portland its commitment to innovation and Portland is one step further down the road to being America’s EV hub. ReVolt is joining a bright, collaborative and exciting business community, and creating great jobs for our talented workforce."

"The North American market is an essential part of ReVolt’s corporate development and strategic business plans," McDougall added. "Securing this additional support and endorsements will help us execute as we build on Oregon’s clean technology ecosystem and benefit from this city and state’s amenities and advantages driving sustainability, new technology and innovation."

Using zinc, a globally–abundant industrial mineral, ReVolt’s rechargeable batteries offer superior energy performance – up to triple the energy density of lithium–ion – at a significantly lower price. ReVolt’s durable zinc–air batteries pose zero heat and volatility risks during operation, making them well–suited for many vehicle applications prioritizing safety and performance. When fully depleted, the batteries degrade into environmentally–benign compounds.

###
About ReVolt Technology LLC
ReVolt Technology LLC (www.revolttechnology.com) is a technology company, which has developed a rechargeable zinc–air battery designed to enable more high–power consumer devices, electric vehicles and grid–scale renewable energy storage. Founded in 2004 on pioneering research performed at SINTEF, the largest independent research institute in Scandinavia, Revolt is backed by financial and strategic investors including Northzone Ventures, RWE Innogy, SINTEF, Sofinnova Partners, TVM Capital, Verdane Capital and Viking Venture.

Media Contact:
Tom Resau, Sr. Public Relations Manager
Pillsbury Winthrop Shaw Pittman LLP
(202) 663–8236
tom.resau@pillsburylaw.com ]]> Fri, 27 Aug 2010 00:00:00 GMT
Portland, Oregon, May 5, 2010 – ReVolt Technology, LLC, a technology company which has developed a rechargeable zinc–air battery, today announced that it has received notification of an award for approximately $5 million in development funding from the U.S. Department of Energy’s (DOE) Advanced Research Projects Agency–Energy (ARPA–E), a federal agency charged with aiding the rapid development of innovative clean energy technologies. Following successful negotiations, which are expected to be concluded before the end of June 2010, the agency’s award will allow ReVolt to accelerate its implementation plan for a U.S. headquarters and development facility in Portland, Oregon, where it will work on advanced zinc–air battery technology for use in electric vehicles.

"We are honored and excited to receive this award and recognition of ReVolt’s zinc–air battery technology, which is focused on transformational step changes in next–generation battery solutions for electric vehicles," said ReVolt Technology CEO James P. McDougall. "Zinc is a globally–abundant industrial material and our environmentally–safe battery technology offers superior energy performance – up to triple the energy density of lithium–ion at a significantly lower price – making it a good fit for ARPA–E’s mandate to foster innovative and transformational clean energy technologies enabling a more energy–independent America in the future."

ReVolt’s award comes at an opportune time, as the company looks to accelerate its strategic plans for zinc–air battery development in Portland. Factoring–in the ARPA–E award’s additional capital, ReVolt plans to finalize new Portland facilities in the coming months and have its U.S. team and operations in place in Oregon by October 2010.

"Electric cars have an enormous potential, but their success depends on better and cheaper battery technology," said U.S. Senator Jeff Merkley (D–OR). "I couldn’t be more thrilled to have a company like ReVolt putting Oregonians to work developing better batteries. Successful American leadership in electric car technology will generate thousands of jobs and strengthen the American economy by ending the payout of $1 billion dollars a day for foreign oil."

"ReVolt’s innovative battery technology is exactly the kind of transformational energy research that I envisioned supporting when I helped create ARPA–E at the Department of Energy," said Congressman David Wu (D–OR). "By funding ambitious research projects that can fundamentally change the way our country uses and produces energy, the federal government is helping create jobs and drive economic growth through innovation. This award will help ReVolt more quickly solidify its U.S. headquarters here in Portland, further establishing Oregon’s leadership in cutting–edge energy technologies."

"Oregon is leading the nation in the transition to a new, clean and sustainable economy with our aggressive development of renewable energy and our commitment to the next generation of lower and zero–emission vehicles," said Oregon Governor Ted Kulongoski. "ReVolt’s choice to develop its zinc–air battery in Oregon is further evidence that we are a state that fosters innovation and are committed to a clean energy future. I am proud to welcome an innovative, clean–energy company like ReVolt Technology to our state to help us advance this goal."

"We are proud to have an innovative, clean–energy company like ReVolt Technology plan its expanded U.S. facilities for Portland, and look forward to hosting the company’s remarkable and pioneering work here in our city," said Portland Mayor Sam Adams. "ReVolt is the latest ‘;green’ and sustainability–minded business to recognize and appreciate Portland’s attributes, amenities and awareness when it comes to protecting our environment and leading in tomorrow’s clean energy breakthroughs."

"Oregon’s progressive stance on the environment, clean–tech and commitment to a supportive ecosystem for related innovations makes Portland an ideal location for our company, McDougall added." "The US market is very important to ReVolt’s corporate development and strategic business plans, and having the DOE and ARPA–E’s strategic support and endorsement gives us a major boost in this fast–moving market as we engage with potential customers, partners and investors."

ReVolt’s ARPA–E award is under the agency’s "Batteries for Electrical Energy Storage in Transportation," or "BEEST" program, charged with improving U.S. energy security, spurring economic growth and dramatically cutting greenhouse gas emissions by developing a new generation of ultra–high energy density, low–cost battery technologies for long range electric vehicles. ReVolt faced intense competition in ARPA–E’s latest funding round, and was among just 37 final awardees selected from more than 540 initial proposals to share in a combined $106 million award pool. Award recipients were selected after a rigorous evaluation process comprised of agency staff and top U.S. science and technology experts.

About ReVolt Technology LLC
ReVolt Technology LLC (www.revolttechnology.com) is a technology company, which has developed a rechargeable zinc–air battery. ReVolt’s batteries may enable more high–power consumer devices, electric vehicles and renewable energy storage. The technology is a result of six years of intense research and development at SINTEF (the largest independent research institute in Scandinavia). Research on material combinations has solved issues historically related to the metal–air technology; power, lifetime and rechargeability.

Media Contact:
ReVolt Technology, LLC
James P. McDougall, CEO and President
+1 (503) 471 1326
jm@revolttechnology.com]]> Wed, 5 May 2010 00:00:00 GMT
Portland, Oregon, May 3, 2010 – ReVolt Technology, a technology company, which has developed a rechargeable zinc–air battery, today announced that Wade Guindy has accepted the appointment as COO and EVP of Technology of ReVolt Technology, LLC.

Wade Guindy, formerly Technical Advisory Board Member of ReVolt Technology, has recently accepted an appointment to join ReVolt’s senior management team as COO and EVP of Technology starting May 17, 2010. Mr. Guindy is a battery industry veteran with a strong track record of successfully developing and scaling innovative battery and medical device technologies as well as managing complex government development contracts. Mr. Guindy has held numerous executive management positions. His most recent role was working with Eksigent Technologies, a manufacturer of microfluidic systems for life science applications, which recently achieved a successful trade sale. Previously, Mr. Guindy worked with Solicore, Inc. for five years as EVP Technology and Manufacturing, developing polyimide polymer technology for lithium–polymer batteries. And prior, he worked for nine years with Valence Technology running all aspects of manufacturing and process engineering for lithium polymer battery technology. His early engineering career was in the defence sector working with GTE Government Systems and before that Teledyne. Mr. Guindy has a number of battery related patents to his name and a BS Industrial Engineering and an AS, Science and Manufacturing Engineering.

Mr. Guindy will be responsible for the coordination of the company’s global operations and regional development centers. Upon completion of the company’s anticipated successful negotiations for the recently announced $5 million ARPA–E BEEST grant award, Mr. Guindy will be based in Portland, Oregon and responsible for final site selection and staffing efforts of the US HQ and R&D facility.

"I am very excited to join the senior management team of ReVolt Technology. The technology under development at ReVolt is very important and potentially transformative for a range of energy storage applications," stated Wade Guindy, COO and EVP of Technology. "I look forward to working with the team at ReVolt to bring this exciting technology to market."

"The addition of Wade Guindy to ReVolt’s senior management team is indeed timely and welcomed," stated James P. McDougall, CEO of ReVolt Technology. "Wade’s successful experience with new battery technologies and technology start–ups are well matched for ReVolt’s challenges and opportunities ahead. His unique experience set and leadership will help ensure the company’s next steps of technology and corporate development are well executed."

About ReVolt Technology (www.revolttechnology.com)
ReVolt Technology is a technology company, which has developed a rechargeable zinc–air battery. ReVolt’s batteries may enable more high–power consumer devices, electric vehicles and renewable energy storage.
The technology is a result of six years of intense research and development at SINTEF (the largest independent research institute in Scandinavia). Research on material combinations has solved issues historically related to the metal–air technology; power, lifetime and rechargeability.

Media Contact:
ReVolt Technology, LLC
James P. McDougall, CEO and President
+1 (503) 471 1326
jm@revolttechnology.com]]> Mon, 3 May 2010 00:00:00 GMT
Staefa, Switzerland, April 8, 2010 – ReVolt Technology, a technology company, which has developed a rechargeable zinc–air battery, today announced that John Searle has accepted the appointment as Non–Executive Chairman of the Board of ReVolt Technology.

John Searle, Chairman of the Management Board of Saft Groupe SA, has recently accepted an appointment to join ReVolt’s board of directors as Non–Executive Chairman. Mr. Searle will assume his role as Chairman with immediate effect taking over responsibility from the company’s acting chair, Mr. Tellef Thorleifsson, Managing Partner of Northzone Ventures. Mr. Searle is a battery industry leader with a strong track record of achievement and success. At Saft, he has held numerous executive sales and general management positions. As Chairman of the Management Board of Saft Groupe SA, Mr. Searle successfully spun the company out of Alcatel with private equity and shortly thereafter led the company through a successful IPO. Recently, John led Saft’s efforts to win US Department of Energy grants worth $400 million for a new production site for Johnson Controls–Saft, the JV with Johnson Controls in Michigan and a new Saft production facility in Florida.

"I am pleased to join ReVolt Technology’s Board of Directors as Non–Executive Chairman. ReVolt has assembled a strong and committed management team and group of investors and is clearly the leader in rechargeable metal–air battery technology. The work that is being done at ReVolt Technology is potentially very important for the industry and a wide array of energy storage applications," stated John Searle, Chairman of the Management Board of Saft Groupe SA. "I look forward to working with the company to fulfil its vision for rechargeable metal–air battery technology."

"The addition of John Searle as Chairman is a very important and strategic step to add proven leadership and industry acumen to our Board of Directors," stated Tellef Thorleifsson, Managing Partner of Northzone Ventures. "We are delighted that John has accepted the appointment and look forward to his many positive contributions."

"John Searle’s appointment as Chairman to ReVolt’s Board of Directors is indeed very timely," stated James P. McDougall, CEO of ReVolt Technology. "John’s very impressive experience and skill sets are well matched for ReVolt’s vision to commercialize rechargeable metal–air battery technology. His perspective and contributions will further catalyze and sharpen our efforts to effectively accomplish our mission."

About ReVolt Technology (www.revolttechnology.com)

ReVolt Technology is a technology company, which has developed a rechargeable zinc–air battery. ReVolt’s batteries may enable more high–power consumer devices, electric vehicles and renewable energy storage.The technology is a result of six years of intense research and development at SINTEF (the largest independent research institute in Scandinavia). Research on material combinations has solved issues historically related to the metal–air technology; power, lifetime and rechargeability.

Media Contact:

ReVolt Technology, Ltd

James P. McDougall, CEO

+41 44 928 78 00

jm@revolttechnology.com]]> Thu, 8 Apr 2010 00:00:00 GMT