Epyon Starts Deliveries for Lyse's EV Fast-Charging Network in Norway

Leading Utility to Build Norwegian Infrastructure of Commercial Charging Stations

RIJSWIJK, The Netherlands, April 26, 2011 - Epyon BV, the leading European supplier of intelligent charging solutions
for electric vehicles, today announced that it started delivering multiple EV
fast-charging systems to Lyse Energi in Norway.

Epyon recently installed a Terra 51 Charge Station in the southern city
of Sandnes, near the E39 highway to Stavanger, and plans installations at
least at two more locations in the next two months. The station in Sandnes,
which will officially be opened today by Norway's Transport Minister Magnhild
Meltveit Kleppa, is the world's first to offer both electricity through
fast-charging and carbon-neutral biogas as part of Lyse's "fuels of the
future" service model.

"This is a very exciting project for Epyon. Lyse is planning to build and
operate one of the most innovative fast-charging networks in the world," said
Hans Streng, CEO of Epyon. "This shows that EV fast-charging is turning into
serious business for reputable utilities like Lyse."

Epyon's Terra 51 can recharge an EV battery in as little as 15 to 30
minutes. All Epyon systems are future-proof: they're equipped with
web-updateable software, allowing easy downloads of communication protocols
for new car models and applications to support new charging methods. Epyon's
software also allows for remote maintenance and monitoring of the charging
levels.

"We selected Epyon as our partner because their fast charging stations
offer an excellent connectivity solution and, with that, flexibility and
transparency. If you want to operate a network of chargers, you need to be
able to constantly monitor and manage the charging process at all the
different locations," said Audun Aspelund, business development manager at
Lyse.

In Sandnes, Epyon demonstrated its capability to install at gas stations,
which involves stricter safety measures because of the fuel storage. Epyon
managed to get the station fully operational within two hours, demonstrating
its readiness to efficiently handle large infrastructure rollouts.

Backed by a group of seasoned investors, Epyon aggressively scaled up its
operations across Europe to meet strongly increasing demand for EV fast
chargers. Since launching Europe's first commercially operated fast-charging
station in May last year, Epyon has signed multiple agreements with
utilities, charging network operators and fleet owners to deploy its
industry-leading solutions.

For more information, please visit www.epyonpower.com

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