U.S. Energy Analyst Profiles Solar Tower Technology: Solar Tower Technology Makes U.S. Debut

U.S. Energy Analyst Profiles Solar Tower Technology: Solar Tower Technology
Makes U.S. Debut

PHOENIX, Nov. 5 /PRNewswire/ -- Leading U.S. financial services and investment
banking corporation, Raymond James and Associates, Inc., (Raymond James) has
released an Energy Industry Brief to the U.S. market that has identified Solar
Tower technology as a 'third' generic technology option to emerge on the
large-scale solar energy front in the U.S.

The Industry Brief prepared by energy analysts from the Equity Capital Markets
Energy Research division of Raymond James, drew attention to the recent debut
of Solar Tower technology in the U.S. as the entrance of a 'third type of
solar technology' to enter the arena for consideration in the surge for
large-scale solar adoption by U.S. utilities.

EnviroMission retained Raymond James in August 2009 as its financial and
capital markets advisor for the purpose of providing EnviroMission with advice
as capital raising alternatives are explored in the U.S.

Raymond James is a full service New York Stock Exchange listed Investment
Bank, with 27 domestic and international investment banking and institutional
sales offices.

Raymond James has a strong technology and energy focus and in 2008 had
revenues of US$3.2 Billion. Raymond James has the capability to service the
financial requirements of EnviroMission from the present, through Front End
Engineering and Design and ultimate construction of multiple Solar Tower
Stations.

"Raymond James has been engaged to provide EnviroMission with capital market
advice and a Raymond James Industry Brief stands independent of this
engagement to spell out the basis of its current business thinking backed by
independent expert analysis and review of technology, industry and market
contexts.

"The inclusion of Solar Tower technology in a Raymond James Industry Brief
provides EnviroMission with exposure to a wide audience that draws information
from many dynamics of the financial market," Mr. Roger Davey, EnviroMission
Chief Executive, said in releasing the document to EnviroMission's website.

The Raymond James Industry Brief: Solar Tower Technology Makes its U.S. Debut
is now available at: www.enviromission.com.au.

Solar Tower technology is innovative solar power station technology developed
in Australia for solar efficiency from solar radiation to create heated air to
drive turbines to generate clean green electricity. The technology defines a
new category in large-scale, high capacity, renewable electricity generation
without carbon emissions or the use of water.

SOURCE EnviroMission Limited

Kim Forte, Communications Manager of EnviroMission Limited, +61414690356,
kforte@enviromission.com.au