365 Energy Group Receives Frost & Sullivan '2009 European Electric Vehicle Infrastructure Emerging Company Award'

Frost & Sullivan Accolade Underlines 365 Energy's Credentials as Emerging European Electromobility Infrastructure Company

LONDON, December 7 - Frost & Sullivan today announced that it will present its '2009 European
Electric Vehicle Infrastructure Emerging Company Award' to 365 Energy Group,
a leading European electromobility infrastructure company.

(Logo: www.newscom.com/cgi-bin/prnh/20081117/FSLOGO)

Charging infrastructure plays an important role as a success factor for
the electric vehicle (EV) market as the unavailability of appropriate
infrastructure could make customers reluctant to adopt EVs. It is important
that charging infrastructure be installed rapidly so as to be fully
functional and efficient by the time EVs arrive in large scale - possibly by
2011 - and attain the optimal ratio between supply and demand for charging
infrastructure.

365 Energy is expected to be a leading supplier of this infrastructure in
the EMEA regions (Europe, Middle East and Africa). The regions of North
America and Europe are expected to be the major markets for EVs and therefore
important potential ones for charging infrastructure.

"365 Energy Group differentiates itself from other charging stations
manufacturers in Europe by having partnered with Coulomb Technologies, a
major infrastructure manufacturer in the United States, to bring its
technology to Europe," notes Frost & Sullivan Research Analyst Leonor
Martinez. "Its unique vision of developing the infrastructure market in
different stages ensures that it will have a coherent infrastructure by the
time electric vehicles (EVs) reach the mass market."

365 Energy's 'ChargePoint' network consists of an operating system that
connects charging stations operated by different providers and located in
various countries. This allows charging station operators to manage both the
payments for electricity as well as grid load. Therefore, 365 Energy's
solutions enable networked billing and roaming between individual countries
and network operating centers.

"The company's major product is a charging station for EVs that can be
installed in public or private areas and allows one vehicle to be charged at
a time," explains Martinez. "The system is operated by a radio frequency
identification (RFID) card that the user needs for identification as a
subscriber."

The present market for EV infrastructure is very challenging, as it is in
the early stages of development. For small new businesses entering the market
as infrastructure manufacturers, it is important to have a long-term vision
and a coherent business plan.

"365 Energy presents a solid three stage development market plan -
targeting the public sector, corporate fleets and private consumers - for its
products that will focus on different types of customers in each stage before
reaching the mass market," states Martinez.

The company has already implemented its business strategy by creating
partnerships and relationships with other organisations to supply charging
infrastructure. For example, the company already has equipped the cities of
Amsterdam and Bochum with infrastructure and also signed a new agreement with
the Catholic High School of Limburg in Belgium. These actions are coherent
with its business plan to target public institutions in the first stage.

The Frost & Sullivan Award for Emerging Company is presented each year to
the company that has emerged as a significant participant within its
industry. This company is perceived to have exhibited outstanding management,
superior market growth, exceptional customer service and the ability to
combine technology and successful strategic initiatives. This company has the
exceptional know-how to take advantage of market changes through the
execution of innovative strategies within the existing competitive landscape.

Frost & Sullivan Best Practices Awards recognise companies in a variety
of regional and global markets for demonstrating outstanding achievement and
superior performance in areas such as leadership, technological innovation,
customer service, and strategic product development. Industry analysts
compare market participants and measure performance through in-depth
interviews, analysis, and extensive secondary research in order to identify
best practices in the industry.

About 365 Energy Group

365 Energy Group - Changing the way people move

The 365 Energy Group, with headquarters in Berlin, Eindhoven and Milan,
is considered a pioneer in the e-mobility industry. The company provides
innovative charging stations with integrated network technology - a
completely new and holistic approach to charging electric vehicles. This
technology was developed by Coulomb Technologies, the global market leader in
electric vehicle infrastructure. 365 Energy is the international partner of
Coulomb Technologies and an investment management company belonging to Estag
Capital AG in Berlin.

    365 Energy Group Contact Information

    Address:
    365 Energy AG
    Executive Director Mr. Hong Thieu
    Fasanenstr. 28, 10719 Berlin
    Telephone: +49-30-88-9249523
    Telefax: +49-30-88-9249538
    www.365-Energy.com

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    Frost & Sullivan Contact Information

    Jasmine Malone - Promotions Coordinator
    Phone: +44-207-915-7869
    E-Mail:jasmine.malone@frost.com

Executive Director Mr. Hong Thieu of 365 Energy AG, +49-30-88-9249523, or fax, +49-30-88-9249538; Jasmine Malone - Promotions Coordinator of Frost & Sullivan, +44-207-915-7869, jasmine.malone at frost.com