Third generation of Opcon Powerbox to Australia

Third generation of Opcon Powerbox to Australia

Opcon, the energy and environmental technology Group, has received an
order from Enerji (ERJ:ASX) in Australia to replace an existing Opcon
Powerbox. The order is for the third generation of Opcon Powerbox and,
like five other units ordered by Enerji, it will be built from scratch
in accordance with Australian standards. Delivery will start in the
final quarter of 2010.

The order is for a unit to replace the first generation of Opcon
Powerbox that Enerji ordered and Opcon delivered in accordance with
European norms. The decision is based on the benefits of having only 3rd
generation Opcon Powerboxes and the cost of fully adapting the 1st
generation to Australian standards. This original unit will be taken
over by Opcon and be used elsewhere. The new order is worth around SEK 5
million after deductions concerning the unit that Opcon is taking back.

The third generation of Opcon Powerbox is the result of major efforts in
the past year focused on the industrialization of the product that has
resulted in significant improvements.

“This industrialization activity has been extensive, and the focus has
been on the product itself and on improving the conditions for
manufacturing in series. Together with the right production structure
that we are establishing with Partnertech we will continue deliveries
and gradually increase orders. In the first few months of the year alone
we have already signed five agreements for delivery of Opcon Powerbox,”
says Rolf Hasselström, President and CEO of Opcon AB.

“We are also very pleased to see the increased focus on core business
from Enerji's new board of directors. To help them focus fully on the
commercial use of the plants they buy from us, Opcon has offered Enerji
the opportunity to come to Sweden to see reference plants in operation
instead of them having to have their own reference plants in Australia,”
says Rolf Hasselström, President and CEO of Opcon AB.

A part of Opcon's focus on Waste to Value, Opcon Powerbox is Opcon's
proprietary product for production of new carbon-free electricity
primarily from waste and surplus heat at temperatures as low as 55° C.
Among other applications, Opcon Powerbox can be installed in large
process plants, power stations, large diesel engines or after
adjustments on large vessels and can produce up to 6,000 MWh per year.

 

For further information, please contact
Niklas Johansson, vice president, Investor Relations, Opcon AB, tel.
+46-70-592 54 53 

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

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 activities in Sweden, China, Germany, the UK and Denmark.
There are around 430 employees. The company's shares are listed on
Nasdaq OMX Stockholm. The Group comprises three business areas:

Renewable Energy focuses on generating electricity from waste heat,
bioenergy, systems for handling natural gas, industrial cooling,
recycling of heat, drying of biomass, treatment of flue gases, handling
systems for biofuel, etc., air systems for fuel cells and measurement
and monitoring of processes.
Engine Efficiency focuses on ignition systems for combustion engines
including ethanol, natural gas and biogas engines.
Mobility Products focuses on technology for positioning, motion and
regulation for electrical vehicles, electrical wheelchairs and hospital
beds.