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Camfridge selected as one of Europe's leading Clean Technology companies joins “Cleantech 100”

18/09/2008

"We are delighted that the potential of Camfridge - which we saw 3 years ago - has been recognised in this way."

Camfridge is officially one of Europe's top 100 privately held Clean Technology companies, and is ranked top it's category of energy efficiency electrical devices in The Guardian/Library House "Cleantech 100".

The company is developing a core high-efficiency gas-free technology for refrigeration and cooling applications, which can be rapidly configured for a range of end-user requirements. In addition, Camfridge's solution offers a 50% reduction in energy consumption which is competitive on cost and reduces noise, recyclability and maintenance.

The company had secured initial investment in 2004 from the University of Cambridge, and then subsequently from early stage investors including Nesta, Cambridge Capital Group, and the Oxford Trust.

The 100 European companies, selected by a highly qualified advisory board of investors, are exemplars of high growth companies capable of delivering a strong positive impact on the environment. Companies were chosen on the basis of their marketability, high growth potential, green impact and ability to disrupt the market.

Camfridge will present at the NESTA sponsored Essential CleanTech Conference on 25^th September at the Hotel Russell in London, when the CleanTech 100 list is officially announced.

Camfridge CEO Neil Wilson said today:

"Being included in the Cleantech 100 is fantastic for us and recognises the enormous market potential of our technology and the great team we have at Camfridge working to deliver market success."

David Hunter, head of NESTA Investments commented "We are delighted that the potential of Camfridge - which we saw 3 years ago - has been recognised in this way."

Contact:

NESTA spokespeople are available for comment and interview. Please contact our press office on +44 (0) 2074382608 or +44 (0) 2074382643

Notes to editors

About Camfridge

Camfridge aims to be the worldwide leader in the development of high efficiency gas free cooling technology for the refrigeration and air- conditioning markets. Its core technology is highly flexible and can be configured for use in many different possible packaged cooling applications. Camfridge is now engaged in development activities with key customers, leading brand manufacturers, to embed its cooling technology into their packaged cooling applications.

Contact Camfridge: info@camfridge.com or for more information www.camfridge.com

About CleanTech 100

Essential Cleantech 2008 will form an authoritative voice on the state of play in clean technology, bringing together some of the most influential movers in the industry and assembling the most exciting companies, with the aim of answering the most pertinent questions facing the sector. The "Cleantech 100" represents a rigorously selected group of private clean technology companies, deemed to represent the hottest prospects for the future, selected using unique Library House filters and an external expert panel of clean technology investors and company leaders.

Contact Library House +44 (0)1223 500 550 or email events@libraryhouse.net