CleanAir Technologies secures contract in Denmark

ZUG, Switzerland, April 24, 2008 -- Swiss Hawk AG's portfolio company CleanAir Technologies AB has announced that it has secured a EUR 5.6 million project contract with Energi Randers, Denmark. Energi Randers has given CleanAir an order to install systems for: flue gas cleaning and condensation, combustion air humidification and also wastewater treatment. All these systems will improve the economical and environmental capacity of their new plant for bio fuel and coal burning. The power of the system is 2 x 90 MW. The work will be finalised during 2009.

"A combined system for desulphurisation and condensing will be delivered and we are convinced that this CleanAir solution could be a good investment for many other new and existing plants" said Pawel Wlazlo, Process Development Manager with CleanAir.

CleanAir Technologies AB is a Swedish company active in the development and delivery of technical solutions for the environmental technology sector inclusive of the following products: Flue Gas Condensation, Curdesox, Ammonstrip, Rednuox.

Swiss Hawk AG is building a niche alternative asset class investment management business focusing on high growth late stage pre-IPO companies and small to mid cap IPOs

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