Sure Power Corporation Joins Top Businesses in the Environmental Protection Agency's Combined Heat and Power Partnership

Business Wire, Jan 14, 2002

Business Editors

DANBURY, Conn.--(BUSINESS WIRE)--Jan. 14, 2002

Sure Power Corporation, an ultra-high-availability power system provider, has joined some of the nation's leading corporations as a member in the Environmental Protection Agency's new Combined Heat and Power (CHP) Partnership, a voluntary program designed to expand the use of combined heat and power technologies through industry and state and local partnerships.

Combined heat and power, or co-generation, is a clean and reliable alternative to conventional electricity generation because it utilizes the heat normally lost during power generation to provide residential and industrial heating and air conditioning to local areas around conventional power plants, according to the EPA.

The EPA's program, which was announced on October 15, 2001, features the involvement of numerous significant U.S. companies, including: Archer Daniels Midland, Dow Chemical, ExxonMobil, General Motors, International Paper, Texaco Power and Gasification International, U.S. Steel, Verizon Communications and Weyerhaeuser, along with several public-sector organizations that have endorsed the effort.

As an industry partner in the program, Sure Power Corporation, which supplies on site, primary power generation systems that deliver computer-grade electricity and round-the-clock cooling to energy-reliant businesses, will provide data and input to the CHP Partnership. The EPA, for its part, will provide public recognition of combined heat and power projects, while accelerating development of new projects through education, streamlined permitting and provision of technical tools and services.

"The EPA's commitment to helping the nation meet its growing demand for electricity, while minimizing the environmental impact of generation, is unprecedented," says Bill Cratty, chief technology officer and co-founder of Sure Power Corporation. "Involvement in the CHP Partnership allows us to contribute to projects that will lead to a cleaner future, while also enabling SurePower(R) system users to remain industry leaders in environmental protection."

About Sure Power Corporation

Sure Power Corporation, headquartered in Danbury, Connecticut, USA, has applied the principle of RAID architecture (or the Redundant Array of Independent Devices) to the generation of electrical power. The patented SurePower(R) system, which guarantees 99.9999 percent reliability of computer-grade electricity (equivalent to a one percent chance of failure over 20 years), incorporates multiple generators such as turbines, fuel cells and gas reciprocating engines into standard configurations in which no single component can cause failure. The SurePower(R) system is guaranteed by an insurance policy and delivers better economic value than current grid-plus-back-up solutions. Sure Power provides users with substantially increased uptime, allowing for higher revenues and fewer unexpected losses. The company has partnerships with High-Point Rendel, R.W. Beck and Trane in the construction, planning and engineering of its systems. More information about Sure Power Corporation can be found at www.surepowersystem.com

SurePower(R) is a registered trademark of Sure Power Corporation.