Opcon's partner in Australia wins first customer order

Opcon's partner in Australia wins first customer order

Enerji Ltd. (ERJ:ASX), the Australian partner of Opcon, the energy and
environmental technology Group, announced today that it had completed
its first power purchasing agreement for sales of electricity based on
Opcon Powerbox technology.

Agreement has been reached with Horizon Power, a State Government-owned
power company in Western Australia, and follows the memorandum of
understanding announced in October 2010. Opcon Powerbox will be
installed at Horizon Power's Carnarvon power station in the Gascoyne
region of Western Australia. Greg Pennefeather, Managing Director of
Enerji, describes the agreement as the most significant milestone in the
company's history so far.

“With customers such as Horizon Power and secure finances, we now view
Enerji's prospects in Australia with increased optimism. Opcon Powerbox
provides improved energy efficiency with both environmental and economic
benefits. This applies especially in places such as Western Australia,
with its mines and isolated towns, and where power supplies are
currently based on local, fossil fuel-based electricity production at
high cost,” says Rolf Hasselström, President and CEO of Opcon.

For further information, read Enerji's press release at
www.enerji.com.au (http://www.enerji.com.au/)

Enerji Ltd. is a green utility whose business concept is to sign
agreements with customers to sell electricity produced by Opcon Powerbox
from waste heat at the customer's plant. In its revised business plan
from the autumn 2010, Enerji states that by 2013 the company aims to
have an installed base of up to 18 MW, which corresponds to about 25
Opcon Powerbox.

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 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 (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 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.