Nesscap Energy Inc. Opens Market at Toronto Stock Exchange

Wed Apr 6, 2011 9:31am EDT

* Reuters is not responsible for the content in this press release.

  SEOUL, SOUTH KOREA, Apr 06 (MARKET WIRE) -- 
Nesscap Energy, Inc. ("Nesscap") (TSX VENTURE: NCE), a global leader in
research, development and manufacturing of ultracapacitor products,
celebrated their TSX Venture Exchange listing today by opening trading on
Toronto Stock Exchange. Nesscap's President and founder Dr. Sunwook Kim
along with other company representatives were excited to meet with senior
members of the TSX Venture Exchange team to celebrate their new listing
in the fast growing ultracapacitor sector.

    "We are excited to participate in this time honoured tradition to
celebrate our entry into the public markets," said Dr. Sunwook Kim,
President of Nesscap Energy Inc. "TMX Group has a strong global clean
technology sector presence and we believe listing in Canada was a perfect
fit for Nesscap's high growth plan." 

    Nesscap became a public company on Monday, January 24, 2011 through the
exchange's Capital Pool Company (CPC) program. For more information about
Nesscap Energy's listing and the Qualifying Transaction, please see the
filing statement dated December 29, 2010, a copy of which is available on
SEDAR at www.sedar.com. 

    About Nesscap

    Since its inception in 1999, Nesscap Energy Inc. has become an award
winning global leader in technology innovation and product development of
ultracapacitors. Attributes of the ultracapacitor allow for the
technology to be used in applications where power, life cycle
requirements or environmental conditions limit the suitability of
batteries or capacitors. Uniquely structured, Nesscap products are used
to replace or enhance the performance of energy and power needs for
modern applications ranging from portable electronic devices to high-tech
'green' cars and are available in both cells and modules. Nesscap
features the widest array of standard commercial products in the market
from 3 farads to 6,200 farads with industry recognized alternative
organic electrolytes. Customers of the Company include transportation,
power, and consumer markets. Technical and sales information can be found
at www.nesscap.com.

    Certain statements contained in this news release constitute
forward-looking information, future oriented financial information, or
financial outlooks (collectively "forward-looking information") within
the meaning of Canadian securities laws. Forward-looking information may
relate to this news release and other matters identified in Nesscap's
public filings, Nesscap's future outlook and anticipated events or
results and can be identified by terminology such as "may", "will",
"could", "should", "expect", "plan", "anticipate", "believe", "intend",
"estimate", "projects", "predict", "potential", "continue" or other
similar expressions concerning matters that are not historical facts and
include, but are not limited in any manner to, those with respect to
capital and operating expenditures, economic conditions, availability of
markets for products, availability to develop and manufacture products,
availability of sufficient financing, receipt of approvals, satisfaction
of escrow requirements, satisfaction of closing conditions, obtaining
debt financing for capital expenditures, and any and all other timing,
development, operational, financial, economic, legal, regulatory and/or
political factors that may influence future events or conditions. Such
forward-looking statements are based on a number of material factors and
assumptions, including, but not limited in any manner, those disclosed in
any other Nesscap filings, and include sufficient working capital for
development and operations, access to adequate services and supplies,
availability of markets for products, commodity prices, foreign currency
exchange rates, interest rates, access to capital markets and other
sources of financing and associated cost of funds, availability of a
qualified work force, availability of manufacturing equipment, no
material changes to the tax and regulatory regime and the ultimate
ability execute its business plan on economically favourable terms. While
we consider these assumptions to be reasonable based on information
currently available to us, they may prove to be incorrect. Actual results
may vary from such forward-looking information for a variety of reasons,
including but not limited to risks and uncertainties disclosed in other
Nesscap filings at www.sedar.com and other unforeseen events or
circumstances. Other than as required by law, Nesscap does not intend,
and undertakes no obligation to update any forward-looking information to
reflect, among other things, new information or future events.

    Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.

Contacts:
Nesscap Energy Inc.
Debbie Bamforth
Corporate Communications
905-599-3322
dbamforth@nesscap.com
www.nesscap.com

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