Port of Los Angeles Awards Funding for VYCON Flywheel Energy Storage Systems for...

Port of Los Angeles Awards Funding for VYCON Flywheel Energy Storage Systems
for Their Operators

LOS ANGELES, Jan. 15 /PRNewswire/ -- VYCON, http://www.vyconenergy.com,
the designer and manufacturer of high-speed flywheel based, environmentally
friendly, energy storage systems, today announced that the Port of Los Angeles
(POLA) has awarded funds to three POLA operators for the purchase of VYCON
REGEN systems.
VYCON, in cooperation with Yusen Terminals Inc. ("YTI"), Marine Terminal
Corporation ("MTC") and TraPac, applied to the Port's 2006-07 Air Quality
Mitigation Incentive Program for funding to purchase and install Vycon's
flywheel energy storage systems for the terminals' RTG cranes. POLA's
Technical Advisory Committee approved one system for each port tenant,
requesting that the systems be applied to cranes of different brands.
"This award from the Port of Los Angeles is a significant first step
forward in reducing emissions in the California ports and around our cities,"
said Tony Aoun, CEO of VYCON. "We are delighted to be at the forefront of
this Air Quality Mitigation Incentive Program, and grateful to the Port of Los
Angeles for the opportunity to demonstrate the effectiveness of the REGEN
system on a variety of manufacturer's RTG cranes. I have no doubt that these
manufacturers will instantly be able to identify the reduced effects of
pollution and fuel saved by each crane installed with the REGEN system."
About VYCON
VYCON is an innovator in the design and manufacturing of advanced,
flywheel based, energy storage systems that enable a reliable, cost effective,
"Green" energy storage solution for a variety of applications. VYCON's
products are applied in the power quality markets to provide back-up power in
mission critical applications and in the energy re-cycling markets for
capturing and regenerating energy in crane, electric rail and distributed
generation applications. VYCON is a publicly listed company on the AIM of the
London Stock Exchange and is headquartered in Orange County, CA. For more
information, visit http://www.vyconenergy.com. Media inquiries: Kande Hall,
Grabiner/Hall, Kande@grabinerhall.com or 310 364 1100 x 106.
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commitment for securities, which should only be made on the basis of
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Placing.
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SOURCE VYCON

Kande Hall of Grabiner | Hall, +1-310-364-1100, ext. 106,
Kande@grabinerhall.com, for VYCON