Nujira Raises £10 Million

CAMBRIDGE, England--(Business Wire)--
Nujira today announced that it has completed further funding of £10 million, to
accelerate development of its handset technology and support expansion into a
new market as well as general commercial development of Cellular Infrastructure
and TV Broadcast sectors. The round included Environmental Technologies Fund*
(ETF), a new investor, as well as existing investors Bank Invest, 3i, Amadeus,
Mitsubishi UFJ Capital and private investors.

Commenting, Nujira CEO Tim Haynes said, "Nujira is making excellent progress in
its established markets demonstrating the real benefits that our solutions
deliver; in the past year we have announced significant customer engagements for
our cellular base station, broadcast transmitter and handset technologies. More
recently we have identified military communications as a market with
considerable potential for our Coolteq products and have already delivered
hardware to customers. The new investment provides Nujira the opportunity to
continue with the commercialisation of its Coolteq products, and to promote our
technology into new markets."

Poul Erik Schou-Pedersen, managing partner at BankInvest New Energy Solutions
said: "Nujira`s commercial and technical progress since our last investment in
September 2008 is extremely impressive, and we are delighted to extend our
relationship with them through a further investment. In the past year, Nujira
has extended and strengthened its relationships with major OEMs and has executed
well on its technical strategy. This new round will enable them to fully exploit
the existing market opportunities that they have developed, as well as enter a
major new market."

Patrick Sheehan from the Environmental Technologies Fund added, "ETF believes in
supporting successful businesses that make a positive contribution to the
environment by bringing highly efficient technologies to market, and is
delighted to add Nujira to its growing portfolio. We have tracked Nujira`s
progress over the last 5 years and seen it develop a strong market position and
productive relationships with major OEM customers. We see a business with an
innovative and proven technology with huge potential alongside a clear, well
managed commercial strategy that is developing a market leadership position and
is well positioned for long-term commercial success."

About Nujira
Nujira`s mission is to dramatically improve the energy efficiency of cellular
network base stations and digital broadcast transmitters by reducing the amount
of waste energy dissipated as heat in the RF Power Amplifier circuit.

Further details: www.nujira.com.
Tel: +44 1223 597900

For media enquiries
Peter van der Sluijs
+44-1296-628180
peterv@neesham.co.uk

Copyright Business Wire 2009