Fluitec International Among the Top Picks at the Cleantech Forum XXVII in Paris

By Fluitec International, PRNE
Monday, May 10, 2010

Strong Business Plan Presented to Leading Clean Tech Visionaries and VC Firms

PARIS, May 11, 2010 - Fluitec International, a rapidly growing Clean Tech company that
increases the availability of large power generation machinery through real-
time analysis, condition monitoring and contamination control was recently
highlighted as one of the top picks from the various entrepreneurial
companies presenting at the Paris Cleantech Forum. The conference brought
together about 40 Cleantech companies, some of whom were selected to speak in
front of industry leaders and leading Venture Capital firms.

"Our warm reception at such a prestigious event is further testament to
our strong business plan and long term growth strategy," mentioned Frank
Magnotti
, Fluitec's President & CEO.

This was not Mr. Magnotti's first taste of success at the Cleantech
Forum. His former company, Comverge, Inc., previously won "Cleantech's
Emerging Enterprise of the Year" in 2004. That company which he was a
founder went public three years later and has had valuations in excess of
US$750 million.

Andre Annicq, Fluitec's Chairman was also at the event and added,
"Fluitec is unique among many of the entrepreneurial Cleantech ventures. By
merging sustainability with economics, we provide high value to our customers
both on an environmental and financial front."

Fluitec has appreciated significant growth over the last 3 years and is
currently growing at 112%. Their objective is to find an ideal VC partner in
the next 24 months to allow the company to continue growing at its current
rate.

About Fluitec International

Fluitec International is a privately-held venture-backed company with
Cinmar BV and Sopon SA as lead investors. It provides customers in over 35
countries leading edge technologies and knowledge to realize optimum
reliability and productivity of their lubricating assets. Although Fluitec's
products span a wide range of industries, their largest customer base is in
power generation market. Fluitec has developed several patented and
patent-pending technologies to monitor and maintain industrial lubricants.
One of their flagship condition monitoring products, the RULER(TM), is a
patented technology to determine the remaining useful life of lubricants.
They have also developed the industry's leading lubricant varnish mitigation
technology which is used at power generation facilities around the world; a
patent-pending process referred to as Electrophysical Separation Process(TM).

Fluitec International can be found online at www.fluitec.com.

Contact: Hilde Verdyckt, h.verduyckt@fluitec.com; +32-3-205-71-42

Hilde Verdyckt of Fluitec International, +32-3-205-71-42, h.verduyckt at fluitec.com

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