Zero Emission Energy Plants Ltd.

September 16, 2009 15:11 ET

ZEEP & ENN Sign Agreement to Build the First Commercial Demonstration Plant Using PWR Compact Gasification Technology

HOUSTON, TEXAS--(Marketwire - Sept. 16, 2009) -

Editors Note: There is a photo included with this release

ZEEP (Zero Emission Energy Plants Ltd.) is pleased to announce it has signed an agreement to form a joint venture with China's ENN Research & Development Co., LTD. The agreement was signed at the US-China Economic and Trade Cooperation Forum in Phoenix, Arizona. The initial objective of this partnership is to design and construct the first commercial Demonstration Plant incorporating the PWR (Pratt & Whitney Rocketdyne) compact gasification technology. The plant will include an approximately 400 tonnes per day gasifier and be located at ENN's existing facility in Zaozhuang City, Shandong Province, China.

Following completion and successful testing of the Demonstration Plant ZEEP and ENN intend to design and construct an approximately 1500 tonnes per day gasification plant to incorporate the PWR Technology for commercial operations.

In a statement made at the signing Ed Yao - President of ENN Energy said, "ENN is very pleased to partner with ZEEP to prove the Pratt & Whitney Rocketdyne technology on a commercial scale. This is a major step leading China in deploying environmentally friendly technology that allows us to take full advantage of our abundant coal reserves."

Bruce Bernard, CEO of ZEEP said, "We are proud to partner with such well known and respected leaders in the field of coal-based clean energy technologies. This is the beginning of a clean energy technology break through that could benefit not only China, but the entire world."

Also present at the signing was Alan Darby, Program Manager-Gasification Energy Systems, representing Pratt & Whitney Rocketdyne.

About ZEEP

ZEEP is a privately held company, incorporated in Bermuda. ZEEP exists to create clean abundant energy from the most abundant natural energy resources of coal, petcoke, waste and biomass. It is ZEEP's vision to create large energy centers for the production of a variety of clean, inexpensive fuels around the world.

About ENN

ENN Science & Technology, consisting of ENN Research & Development Co., Ltd. and ENN Coal Gasification Mining Co., Ltd., is mainly committed to the research and experiment of coal-based clean energy technologies. Focusing on CO2 recycling technology, ENN Science & Technology continuously provides technology support for ENN's industrial chain of coal-based clean energy through its independent R&D.

Forward Looking Statement

Except for statements of historical fact, this news release contains certain "forward-looking statements" within the meaning of applicable securities laws. Forward-looking statements are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements include the intention of ZEEP and PWR to build the first commercial gasifier using PWR's compact gasifier technology; the ability of PWR's compact gasifier to out-perform other gasification technologies; and whether PWR's compact gasifier technology will be instrumental in the development of world-wide "clean coal" opportunities. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including, without limitation, delays in obtaining any necessary governmental or regulatory approvals or permits; and capital and other costs varying materially from estimated costs. ZEEP undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements.

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