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ReVolt Technology, Ltd Selected as a GoingGreen Top 100 Winner

To compile the annual elite GoingGreen 100 List, AlwaysOn surveyed hundreds of venture investors, investment bankers and industry experts, receiving more than 400 nominations. The AlwaysOn editorial team and a panel of industry experts from KPMG, Morgan Stanley, Manatt, Silicon Valley Bank, Goodwin Procter, The Artimis Project, Revolution Partners and Bridge Bank evaluated the nominations based on five criteria: innovation, market potential, commercialization, stakeholder value, and media buzz.

"Our selection of the GoingGreen 100, more than anything else, is designed to provide a respective list of the emerging private greentech companies, who, amongst them all, are the strongest evidence in the world for the hopeful destiny of humanity. The diversity and depth of innovation embodied by these 100 spectacular companies should make any student of greentech optimistic indeed," stated Ed Ring GoingGreen program director and AlwaysOn’s greentech editor.

ReVolt Technology, Ltd and the GoingGreen Top 100 Companies were honored at GoingGreen 2009, held September 14-16, 2009 at Cavallo Point in San Francisco, CA. This two-and-a-half-day executive event featured CEO presentations and high-level debates on the most promising emerging green technologies and new entrepreneurial opportunities.

ReVolt’s zinc-air, rechargeable battery technology provides a high energy solution for consumer and industrial market applications that is environmentally safe, reusable and recyclable. Revolt’s zinc-air technology offers up to three times the energy density of lithium-ion in an inherently safe package representing a major leap forward and compelling value proposition for energy-hungry devices.

A full list of all the GoingGreen Top 100 Winners was published on the AlwaysOn Web site on September 3rd at http://alwayson.goingon.com/permalink/post/33354

"The ReVolt Technology team is indeed honored to receive this prestigious recognition and award from this acclaimed group of industry and thought leaders," stated James P. McDougall, CEO of ReVolt Technology, Ltd. "We are grateful to the selection committee and editorial team at AlwaysOn and applaud the efforts of our GoingGreen Top 100 peers."

About ReVolt Technology (www.revolttechnology.com) ReVolt Technology Ltd. is a technology company, which has developed a rechargeable zinc-air battery. ReVolt’s batteries may enable more high-power consumer devices and increase the lifetime of existing consumer devices significantly. The technology is a result of six years of intense research and development at SINTEF (the largest independent research institute in Scandinavia). Research on material combinations has solved issues historically related to the metal-air technology; power, lifetime and rechargeability.