IQwind Ltd. Named a Global Cleantech 100Clean Technology Company

IQwind Recognized by the Guardian and Cleantech Group for Its Potential to
Achieve Major Impact in the Wind Energy Market
BAZRA, Israel--(Business Wire)--
IQwind, a producer of innovative variable gearbox technology (IQGearTM) that
significantly reduces the cost of energy generated by wind turbines, has been
named a Global Cleantech 100 company by Guardian News and Media and Cleantech
Group, LLC.

IQwind received the award on the basis of its unique variable gearbox design,
which can be both retrofitted into existing turbines and utilized as a standard
component in newly-manufactured turbines. The high efficiency IQwind technology
can reduce the cost of energy (COE) by up to 25% compared to the best existing
wind turbines, increasing the overall potential and cost-effectiveness of wind
as an alternative renewable energy source.

The company has recently signed an agreement with Spain-based Guascor to jointly
bring to market products based on the IQgearbox. The first product is a 750KW
IQgearbox for the retrofit market planned to be launched next year. A new 2.5MW
turbine (IQTurbineTM) based on the IQGear technology is currently in the design
phase.

The Global Cleantech 100 is the first ever list highlighting the most promising
private clean technology companies around the world. Supported by the Carbon
Trust, the Global Cleantech 100 recognizes companies at the forefront of
cleantech innovation offering solutions to some of the world`s most pressing
environmental challenges.

The panel`s views were combined with insights from the Cleantech Network, the de
facto industry association of international clean technology investors,
entrepreneurs, large corporations and other industry insiders. Some 3,500
companies were nominated/ considered.

The final list represents the collective opinion of hundreds of leading experts
from cleantech innovation and venture capital companies in EMEA, North America,
India and China, combined with the specific input of an expert panel of 35,
drawn from well-respected organizations such as Altira Group, Crossover
Advisors, Deloitte, Emerald Technology Ventures, Google, Kleiner Perkins
Caulfield & Byers, New York Stock Exchange, NGEN Partners, Nth Power, New
Enterprise Associates, Sterling Communications, Tsing Capital and Vantage Point
Venture Partners.

"The first ever Global Cleantech 100 shines a spotlight on which companies and
which technology areas the global innovation community is most excited about
from a commercial standpoint," said Richard Youngman, managing partner at
Cleantech Group.

"IQwind is honored to be part of the prestigious Cleantech 100 list," said Mr.
Gideon Ziegelman, founder and CEO of IQwind Ltd. "We are currently focused on
working with our partner Guascor to execute our commercializing plans for the
IQGearbox retrofit product, while our R&D team is making progress with the
design of a 2.5MW turbine (IQTurbineTM) based on the IQGear technology."

More than half (56) of the companies listed on the Global Cleantech 100 are
headquartered in North America, European firms make up 36 percent. Five firms
are based in Israel and three in India.

The full list of Global Cleantech 100 firms is available on the Guardian
(guardian.co.uk/globalcleantech100) and Cleantech Group
(cleantech.com/news/awards/globalcleantech100) websites.

About IQwind

IQwind`s patented technologyadvances the efficiency of wind energy production
and significantly increases the return on investment for both existing and new
wind turbines based on it`s variable gear solution.
Consequently, the use of IQwind`s technology will have a substantial positive
impact on the economic viability of wind turbines as a source for clean
renewable energy and the ensuing environmental benefits. IQwind funding lead by
Terra Venture Partners (www.terravp.com) For more information, visit
www.IQwind.com.

About the Cleantech Group, LLC

The Cleantech Group pioneered the clean technology investment category in 2002.
Today, it accelerates the development and market adoption of clean technologies
globally. The company`s worldwide network of investors, entrepreneurs,
enterprises, service providers and others-representing trillions of dollars in
assets-receives access to capital, investment deal flow, networking, market
leading research and data, sales leads and promotional opportunities. The
Cleantech Group also provides advisory services for large corporations and
governments, publishes leading cleantech sector industry news coverage and
produces the premier Cleantech Forum events worldwide. Details are available at
http://www.cleantech.com.

About the Guardian

The Guardian is a unique voice with an international reach delivering
progressive journalism to a global audience. The Guardian's vision is to be the
leader on sustainability within the media industry and to be environmentally
regenerative in their activities. Through their editorial coverage and business
activities, they demonstrate to readers, staff, advertisers, suppliers and their
communities that GNM (Guardian News and Media) is committed to enhancing
society's ability to build a sustainable future.

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IQwind
Maya Pascaro
Phone: +972-9-7882270
Fax: +972-9-8648358
Email: info@IQwind.com
Web: www.IQwind.com

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