Opcon signs co-operation agreement with MAN Diesel & Turbo

Opcon signs co-operation agreement with MAN Diesel & Turbo

Opcon, the energy and environmental technology Group, has signed a
co-operation agreement with MAN Diesel & Turbo SE, the world-leading
manufacturer of diesel engines that has around 12,700 employees. The
agreement covers marine applications for Opcon Powerbox technology.

The purpose of the agreement is to exploit opportunities to combine
Opcon's technology for increased energy efficiency and production of
electricity from waste heat with MAN Diesel & Turbo's market-leading
diesel engines for reduced fuel consumption and lower emissions.

Opcon is presently working on a reference installation together with
Wallenius Marine, which is also supported by the Swedish Energy Agency,
on a MAN B&W 8S60ME-C8 engine.

“Co-operation with MAN and their interest in the energy efficiency that
our Opcon Powerbox technology offers in marine applications, is yet
another step forward for Opcon. With high petroleum prices and growing
global trade boosting transport by sea, we see large opportunities for
our energy-efficient waste heat recovery technology.  Marine
applications have good opportunities for becoming one of the key market
segments for Opcon Powerbox in the future, “says Rolf Hasselström,
President and CEO of Opcon.

A part of Opcon's focus on Waste to Value, Opcon Powerbox is Opcon's
proprietary product for production of carbon-free electricity using
primarily waste and surplus heat starting at temperatures of 55° C.
Opcon Powerbox can be installed at plants in the process industry, power
plants and on large diesel engines both at land and on sea. Opcon
Powerbox can produce up to 6,000 MWh per year.

For more information, see the press release from MAN Diesel & Turbo:
www.mandieselturbo.com (http://www.mandieselturbo.com/)

For further information, please contact

Niklas Johansson, vice president, Investor Relations, Opcon AB, tel. +46
8-466 45 00,+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

www.opcon.se (http://www.opcon.se/)

MAN Diesel & Turbo SE

MAN Diesel & Turbo SE, based in Augsburg, Germany, is the world's
leading provider of large-bore diesel engines and turbomachinery for
marine and stationary applications. It designs two-stroke and
four-stroke engines that are manufactured both by the company and by its
licensees. The engines have power outputs ranging from 450 kW to 87 MW.
MAN Diesel & Turbo also designs and manufactures gas turbines of up to
50 MW, steam turbines of up to 150 MW and compressors with volume flows
of up to 1.5 million m³/h and pressures of up to 1,000 bar. The product
range is rounded off by turbochargers, CP propellers, gas engines and
chemical reactors. MAN Diesel & Turbo's range of goods includes complete
marine propulsion systems, turbomachinery units for the oil & gas as
well as the process industries and turnkey power plants. Customers
receive worldwide after-sales services marketed under the MAN PrimeServ
brand. The company employs around 12,700 staff at more than 100
international sites, primarily in Germany, Denmark, France, Switzerland,
the Czech Republic, Italy, India and China. MAN Diesel & Turbo is a
company of the Power Engineering business area of MAN SE, which is
listed on the DAX share index of the 30 leading companies in Germany.

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 and the UK. There are
around 410 employees. The company's shares are listed on Nasdaq OMX
Stockholm. The Group comprises two 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 biomass, etc., air systems for fuel cells and measurement
and monitoring of processes.

Engine Efficiency focuses on energy-efficient solenoid technology and
ignition systems for combustion engines including ethanol, natural gas
and biogas engines.