Opcon enters into cooperation agreement in Japan regarding Opcon Powerbox

Opcon enters into cooperation agreement in Japan regarding Opcon Powerbox

Opcon, the energy and environmental technology Group, launched Opcon Powerbox in
2008 to produce electricity from waste heat. 

Opcon has entered into a cooperation agreement with the Japanese company Miura
Co. with around 2,000 employees and which recorded sales of over JPY 70 billion
in 2007. The agreement is part of a broad investment for growth.  In time, the
aim is to conclude a distribution and resale agreement between Opcon and Miura
regarding Opcon Powerbox.
Miura's principal business focuses on sales of steam and hot water boilers to
heavy industry, shipping companies, among others, as well as on service. Miura
has an extensive network in Japan consisting of around 300 agents and resellers,
who offer customers advice about improving energy efficiency, among other
matters.

“Japan is a highly interesting market for Opcon Powerbox, not least in light of
the country's high electricity prices. Through this cooperation agreement with
Miura we hope that we have secured a partner needed in order to penetrate the
Japanese market and which at the same time, has the competence required to be
responsible for local service”, says Rolf Hasselström, President and CEO of
Opcon AB.

The first full-scale Opcon Powerbox started up in February 2008 and produces
electricity without any emissions. Opcon Powerbox is adapted to deal with waste
heat from as low as 55 ℃ in larger process industries and the power industry,
among others. The technology can also be utilized for electricity production on
board larger ships. By using waste heat, electricity is produced without supply
of more fuel from something that previously went to waste. According to the
American energy department there is more waste heat available in American
industry than electricity production from all renewable energy sources in the US
combined.




For further information please contact:
Niklas Johansson, vice president, Investor Relations, tel. 08-466 45 00, 070-592
54 53

Opcon AB, Box 15085, 104 65 Stockholm
Tel. +46 (0)8 466 45 00, fax +46 (0)8 716 76 61
e-mail: info@opcon.se
www.opcon.se


About the Opcon Group 

Opcon is an energy and environmental technology Group that develops, produces
and markets systems and products for eco-friendly, efficient and
resource-effective use of energy.  

Opcon has operations in Sweden, China and Denmark.   There are around 340
employees. The company´s shares are listed on OMX Nordic Exchange Stockholm. The
Group comprises three business areas: 

Renewable Energy focuses on generating electricity from surplus heat, bioenergy,
systems for handling natural gas, industrial cooling, heat recovery, drying of
biomass, cleaning of flue gases, air systems for fuel cells and measurement and
monitoring of processes. The business area comprises the following subsidiaries:

Svenska Rotor Maskiner (SRM), Opcon Energy Systems (OES), REF Technology, Svensk
Rökgasenergi (SRE), Värmlands Montageteknik and the trade marks Opcon Autorotor
and Mitec Instrument. 

Engine Efficiency focuses on ignition systems for combustion engines including
ethanol, natural gas and biogas engines. The business area comprises the
following subsidiaries: SEM, Opcon Technology Suzhou and Laminova Production.  

Mobility Products focuses on technology for positioning, motion and regulation
for electrical vehicles and electrical wheelchairs. The business area comprises
the following subsidiaries: REAC and Balle A/S.