Epyon Becomes First to Complete Certification of Multi-Port EV Fast Chargers

CHAdeMO Compliance Demonstrates Strength of Product Portfolio as Market Takes Off

RIJSWIJK, The Netherlands, January 19, 2011 - Epyon BV, the leading European supplier of intelligent charging solutions
for electric vehicles (EVs), announced today that it completed certification
of two multi-port fast chargers, making them the world's first CHAdeMO
compliant systems that allow for simultaneous charging of multiple cars.

CHAdeMO, the association that promotes a worldwide connection standard
for EV fast charging, recently certified Epyon's Terra Base Station 50.x and
Terra Base Station 100.x, which can charge the batteries of up to four
electric vehicles simultaneously in as little as 15 minutes. In addition,
Epyon also received CHAdeMO certification for the Terra 51 Charge Station, a
cost-effective single-port charger, designed for locations with occasional EV
traffic.

"This certification underlines that Epyon chargers are compatible with
all EVs entering the market today. The ease with which we were able to
certify two multi-port chargers simultaneously and the fact that we are the
first to achieve that underlines our global front-runner position in
intelligent fast-charging systems," said Wil van Gils, Epyon's CTO.

Multi-port solutions are ideal for locations that are expected to see an
increase in EV traffic in the coming years. The number of charge posts can
easily be upgraded to a maximum of four without significant intervention at
the site. Epyon's multi-port solutions are receiving strongly increasing
interest from the larger utilities.

Epyon's systems are future-proof: they're equipped with web-updateable
software, allowing easy downloads of communication protocols for new car
models. During testing in December 2010, Epyon successfully demonstrated
simultaneous charging of three EVs with different protocols: two Mitsubishi
i-MiEVs - with different versions of the CHAdeMO protocol - and one
retrofitted delivery van via the Epyon Luna Interface Module, which is used
to upgrade older EVs for fast charging.

Epyon, founded in 2005, is scaling up operations across Europe as the
market for EV fast chargers is taking off. In 2010, Epyon launched Europe's
first commercially operated fast-charging station and signed several
agreements with large utilities and charging network operators to deploy its
multi-port solutions. All Epyon Terra systems support the CHAdeMO standard,
which has been adopted by large carmakers including Mitsubishi, Nissan,
Subaru, Toyota, Peugeot and Citroen.

About Epyon

For more information, please visit www.epyonpower.com

Media relations: Marcel van de Hoef, N2P Communications, +31(0)6-52-386-747, marcel at n2p.nl