Xiamen Songyu Container Terminal Places Six Unit Order for VYCON REGEN Flywheel Energy System; First Sale for ZPMC

LOS ANGELES, May. 02 /PRNewswire/ --

LOS ANGELES, May 2 /PRNewswire/ -- VYCON, http://www.vyconenergy.com, the designer and manufacturer of high-speed flywheel based, environmentally friendly, energy storage systems, today announced that Xiamen Songyu Container Terminal (XSCT), has placed an order for six REGEN systems for new ZPMC RTG cranes scheduled for delivery this year. This is the first sale of a REGEN System by VYCON partner Shanghai-based, Zhenhua Port Machinery Co., Ltd. (ZPMC).

XSCT is a joint venture between A.P. Moller-Maersk (APM) and Xiamen Port Holding Group. It started with limited operations in April of 2007 and is known for utilizing the most advanced crane equipment available on the market. XSCT's decision to fit their new crane purchase with Vycon's REGEN system was driven by their commitment in preserving the environment by utilizing technologies that deliver proven results in reducing emission and fuel consumption reductions.

"We are very pleased to be working with ZPMC and to be supplying XSCT with the REGEN system," said Vatche Artinian, President and CEO, Vycon. "APM is a major port operator in the shipping industry and their deployment of the REGEN System continues to confirm the benefits port operators are receiving from our technology. APM offers VYCON a significant opportunity within their worldwide port operations."

The REGEN System is a California Air Resources Board (CARB) verified flywheel technology for emissions reduction that provides port operators with a return on investment by reducing fuel consumption.

About VYCON

VYCON is an innovator in the design and manufacturing of technologically advanced, flywheel based, energy storage systems that enable a highly reliable, cost effective and "Green" energy storage solution for a variety of applications. VYCON's products are applied in the power quality markets to provide back-up power in mission critical applications and in the energy re-cycling markets for capturing and regenerating energy in crane, electric rail and distributed generation applications. VYCON is a publicly listed company on the AIM market of the London Stock Exchange and is headquartered in Orange County, CA.

About AP Moller-Maersk

A.P. Moller-Maersk is a global group involved in a diverse range of business industries such as transportation, oil production and ship building. They are a worldwide organization with 110,000 employees and offices in around 130 countries -- with global headquarters in Copenhagen, Denmark. In addition to owning one of the world's largest shipping companies, they are also involved in a wide range of activities within the energy, shipbuilding, retail and manufacturing industries.

About Xiamen Songyu Container Terminal (XSCT)

XSCT is a joint venture between AP Moller-Maersk and Xiamen Port Holing Group, each with a 50% share. Located in the Southeast of Haicang district in the Xiamen Port serving the Fujian Province in China. XSCT has a quay length of 1,246 meters, yard area of 353,000m2 and a quayside water depth of 17 meters. Expansion is underway laying the foundation for a future international terminal.

For more information visit: http://www.vyconenergy.com

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