Ioxus Named in 2011 Global Cleantech 100

Ioxus, Inc., a manufacturer of premium performance ultracapacitor technology for transportation, alternative energy, medical, industrial and consumer product markets, today announced it was named in the prestigious 2011 Global Cleantech 100 produced by Cleantech Group, a leading research firm focused on global cleantech innovation. The Global Cleantech 100 program is produced in collaboration with the U.K.’s Guardian News and Media.

The Global Cleantech 100 list is unique in the sector because it highlights the promise of private clean technology companies from all around the world, focusing on those companies that are most likely to make the most significant market impact over the next five to 10 years. Ioxus will continue to strive to make that impact by manufacturing a family of ultracapacitors and hybrid-capacitors that are optimized for high performance with low resistance, making them ideal for delivering high power bursts for start/stop mild hybrids, acceleration, energy recapture, peak load shaving and high power applications.

“We predict that the global consumption for ultracapacitors will reach $1.16 billion by 2015 and $7 billion by 2020, so this honor confirms that it is an important time for the cleantech market to focus on differentiators that exist within ultracapacitor technology,” said Mark McGough, CEO of Ioxus. “Our efforts to decrease cost and increase ultracapacitor energy and power density, reliability and performance will continue to support alternative energy markets globally.”

The Global Cleantech 100 list is derived from Cleantech Group’s own data and research combined with the weighted qualitative judgments of hundreds of nominations and the viewpoints of a global panel of 70 cleantech experts. To qualify for the list, companies must be independent, for-profit, cleantech companies that are not listed on any major stock exchange.

“We are proud of how quickly the Global Cleantech 100 list has gained recognition as a leading resource in the cleantech sector,” said Sheeraz Haji, Cleantech Group CEO. “Stakeholders including members of the corporate community, investors, and regulators now watch the Global Cleantech 100 list closely to gauge which sectors look most promising and which companies are poised for growth.”

The 4,274 companies that were nominated this year were from more than 45 countries. These companies were weighted and scored to create a short list of 213 companies presented to the expert panel for final input. The end result was 100 companies from 16 countries.

The 70-strong expert panel is drawn from well-respected organisations in cleantech innovation from around the world, including leading investors in global cleantech and a wide variety of corporations across many different industries, such as ABB, BASF, BP, Coca-Cola Company, DuPont, GE, General Motors, Procter and Gamble, and Vestas.

The complete list of 100 companies is being revealed today at the Global Cleantech 100 Summit & Gala in Washington, D.C. http://events.cleantech.com/global100/. Global Cleantech 100 companies will be featured at this event as well as at the Guardian’s Cleantech Summit in London on 22 November 2011 (http://www.guardian.co.uk/cleantech-summit).

About Cleantech Group

Cleantech Group’s research, events and advisory services accelerate market adoption, stimulate demand, and remove barriers to cleantech innovation. We help business leaders make strategic decisions involving cleantech innovation through the i3 Platform, the most comprehensive, vetted, up-to-date source for insights into companies, investors, financing and relationships across the clean technology ecosystem. Cleantech Group also produces the premier Cleantech Forum® and Focus™ events worldwide. Details are available at http://www.cleantech.com

About The Guardian

The Guardian is one of the U.K.’s leading daily titles, and the Guardian.co.uk website delivers its liberal journalism to a global audience. The Guardian's vision is to be the leader on sustainability within the media industry. Through its editorial coverage and business activities, the Guardian demonstrates to its readers, staff, advertisers, suppliers and its communities that Guardian News & Media is committed to enhancing society's ability to build a sustainable future.

About Ioxus, Inc.

Ioxus manufactures premium performance ultracapacitor technology for transportation, alternative energy, medical, industrial and consumer product markets. The company offers the highest power and energy density ultracapacitors and hybrid capacitors ranging in size from 100 Farads to 5,000 Farads. Ioxus ultracapacitors have two to three times higher power compared to other ultracapacitors, with smaller, lighter weight modules and systems. Its family of ultracapacitors is uniquely optimized for high performance with low resistance, ideal for delivering high power bursts for acceleration, energy recapture, peak load shaving and high power applications. Ioxus is headquartered in Oneonta, N.Y. For more information, visit www.ioxus.com.