S.D.E's Sea Wave Power Plant Technology Checked and Approved by the World Bank

TEL AVIV, Israel, March 23, 2011 - S.D.E's Sea Wave Power Plant has been approved by MIGA
(www.miga.org/) - The Multilateral Investment Guarantee Agency of The
World Bank.

The technology S.D.E has developed is an innovative and unique
technique for the production of electricity through "harvesting" of sea wave
motions, a renewed and green source. This technology has proved itself as
weather-proofed, low cost and low risk - plants models are built and designed
in a way that only 10% of the whole system is actually inside the water,
which minimizes the risk to the system in cases of storms and other natural
disasters.

In the last few years we are witnessing a significant rise in
demand for green and renovated energy. In light of global warming,
desertification, floods and other disasters, all around the world people have
come to understand that we can no longer continue producing energy by
contaminating the environment and that there's an urgent and essential need
to develop sustainable alternatives.

S.D.E's power plants models are built and designed in a way
that only 10% of the whole system is actually in the water, which minimizes
the risk to the system in cases of storms and other natural disasters.

The recent earthquakes in Japan caused great damage to the
nuclear reactors, which resulted in electricity being shut off across the
country, This has given other states pause when considering nuclear energy,
and many are giving it a second thought. As a result, prices of fuel are to
rise in the near future. The price of an oil barrel stands at about $100 per
barrel, and keeps rising. Many states today cannot afford this price, and the
result is power shutdowns and the deterioration of the state's economy. The
cost of building an S.D.E. sea wave power plant is more economical in that
matter, costing $650,000/MW to build in comparison to $1.5 million/MW for
coal, $900,000/MW for gas, $3 million/MW for solar energy and $1.5 million/MW
for wind power. Additionally, the cost of producing electricity using
S.D.E.'s technology is lower than when using coal, gas, solar energy or wind
power, with electricity production cost 0.02 $ US per KW/h.

In addition, the technology developed by S.D.E is capable of
producing electricity in a scale of 500 times of the world consumption today.
S.D.E has a registered international patent. So far the company has
established 10 models of power stations around the world, the last one
recently finalized in China (www.youtube.com/watch?v=Knn_1umfkbY),
funded by the Chinese Government.

Shell Oil's former CEO John Hofmeister was recently
interviewed by The Independent, where he predicted that the prices for oil
will rise above 150$ a barrel in the near future. He added that the countries
that do not succeed in developing alternative energy sources would fall into
bankruptcy.

A video about the company, produced by the Foreign Ministry of
Israel, can be seen here:

ilctn.blogspot.com/2008/09/sde-cooperates-with-chinese-government_10.
html

(Due to the length of this URL, it may be necessary to copy and paste
this hyperlink into your Internet browser's URL address field. Remove the
space if one exists.)

    Contact:
    Shmuel Ovadia, CEO, S.D.E. Energy Ltd
    Tel: +972-3-7397107
    Fax: +972-3-6319239
    Email: abe@shani.net

Website: www.sde-energy.com

Contact: Shmuel Ovadia, CEO, S.D.E. Energy Ltd, Tel: +972-3-7397107, Fax: +972-3-6319239, Email: abe at shani.net