EV Power Systems to Target its Patented Plug-In, Hybrid-Electric (PHEV) Retrofit System to Electric Utility Truck Fleets

Charlotte, NC March 28, 2010 -- EV Power Systems, Inc. (EVPS) and

Energy Dimensions, LLC announced a partnership today to market EVPS’ plug-in, hybrid-electric (PHEV) retrofit drive system for electric utility, light-duty trucks. The new PHEV systems increases miles per gallon (mpg) by 30 percent with a return on investment (ROI) of approximately 30 percent at current fuel prices in start/stop applications. High mpg gains and high ROI are achieved by converting existing trucks with an economic and effective plug-in, hybrid-electric drive system.

The patented EVPS system does not require any changes to the truck’s existing internal-combustion engine, transmission, vehicle support systems, electrical system or emission equipment. Most of the hybrid components are off-the-shelf and readily available. The hybrid system can be transferred to another truck and upgraded with new batteries, motors, chargers or controllers. The retrofit is achieved in a day or less. Many conversions can be completed using in-house staff.

Some twenty of the Nation’s leading electric utilities and the Edison Electric Institute pledged in October 2009 to “ramp up efforts to make electricity a crucial transportation fuel.” While much of the utilities’ efforts have focused on new vehicle purchases, EV Power Systems' solution for existing truck fleets accelerates their transition to a full-scale PHEV fleet. In addition to reducing emissions, the flexibility of the EVPS design allows utilities to quickly and efficiently test various smart grid technologies for impact on utility operations and customer interfaces. To help utilities, Energy Dimensions and EVPS are forming a technical advisory council aimed at testing, evaluating and sharing information about smart grid technologies and PHEVs.

EV Power Systems’ President Terry Russell commented “EVPS management team has many years of experience in developing new automotive products and working with fleets.” Russell continued, “By working directly with electric utilities, we believe EVPS can enhance the existing technology and more rapidly introduce cost-effective electrification for a wider range of trucks.” EVPS designs, sells and services hybrid and all-electric vehicle power systems.

Berkeley Stanford CleanTech Conference presents Electric Car 2.0: Who Will Win The Race?

San Francisco, CA April 26, 2010 The Berkeley-Stanford CleanTech Conference (http://bscleantech.org) presents “Electric Car 2.0: Who

Will Win The Race? (Innovation, Policy, and China)”, the fifth in a continuing series of focused conferences highlighting clean technology solutions to address global energy challenges. Panels will discuss new innovations in electric vehicle technology, the opportunities and challenges from China, and the policies that are transforming the automobile industry. For participants, this is an excellent opportunity to network and explore opportunities in this rapidly emerging field.

The event will be held on Wednesday, May 5th from 11AM - 6PM in the PG&E Headquarters on 77 Beale Street, San Francisco. Last year the sold-out conference drew over 300 attendees comprised of 30% students and 70% professionals including financiers, start-up entrepreneurs, policymakers, lawyers, and non-profit workers

EcoloCap Solutions Inc. Proprietary Nano Lithium X Battery Test Results Surpass Expectations

Barrington, IL March 19, 2010 EcoloCap Solutions Inc. (OTC-BB: ECOS) today announced that Exponent

Inc., one of the leading engineering and scientific firms in the U.S. with a team of 900 employees in 23 offices, has delivered test results for EcoloCap’s Nano Lithium X Battery. The test results demonstrate that in side-by-side comparisons with existing published information, the Nano Lithium X battery technology has the highest energy density output per mass of any known battery.

The Nano Lithium X battery technology also has the lowest cost of production and sales price. The large capacity of the battery will allow for the fastest recharge time of any commercially available battery.

Using a multidisciplinary approach involving electrical, mechanical, scientific, thermal and statistical analysis, the Nano Lithium X battery was extensively tested for its charge and discharge capabilities at 100 amps, 150 amps, 200 amps and 235 amps. Rigorous testing has concluded that the Nano Lithium X Battery performs even better than the company previously estimated, and represents a substantial improvement over existing lithium-ion batteries in terms of energy density, total cost, and recharge time.

“It is rewarding to see that our investment in developing the Nano Lithium X battery has come to fruition, and we are excited to generate substantial value for our shareholders,” said EcoloCap Solutions President and CEO Michael Siegel. “This battery is well-positioned to become a leader in key markets seeking high-performance batteries, including use in electric vehicles, golf carts, cellular towers and similar demanding applications.” He added.

Test results have concluded that the Nano Lithium X Battery is now proven to have:

• The highest energy density output of any commercially-available battery

• The fastest recharge time of any comparable commercial battery

• The lowest cost per energy output of any commercially-available battery

EcoloCap’s advanced technology fills a void in the market for high-powered batteries at a low cost. The battery employs low levels of powdered Lithium, enabling it to be produced at a lower cost than all other types of lithium cells. At the same time, no other technology can match its performance. While typical lithium-ion batteries require hundreds or thousands of small milliwatt to single watt cells in most applications, EcoloCap’s batteries are far more efficient and cost-effective, with each cell rated at 4.2 volts at 240 Ahr.