LONDON, August 20 /PRNewswire/ -- Disenco Energy plc, the UK-based company that aims to transform energy
consumers into local energy producers, today announces the appointment of
London Bridge Capital (LBC) as a Financial Adviser.
Under the terms of the appointment, LBC is expected to work in parallel
with the company's North American advisers and arrange the next round of
financing for Disenco to complete the development and begin production of
its patented micro Combined Heat and Power (m-CHP) appliance. Called
HomePowerPlant, the appliance is a direct replacement for national grid-
reliant boilers and could help home owners and SMEs to cut hundreds of
pounds off their annual heating and electicity bills and reduce their
individual carbon footprints by at least 20% in the process.
The company is listed on the TSX Venture Exchange in Toronto (EPIC -
DIS) and is expected to seek admission to the AIM Market of the London
Stock Exchange in 2008.
Simon Ambler, CEO of Disenco Energy plc, comments: "Local energy
production can make a major contribution to any nation's energy
requirements. LBC's standing and track record in the UK's financial markets
will undoubedly play a major role in helping Disenco to bring about the
local era of energy production and for the company to gain early advantage
in global markets."
About Disenco
Disenco Energy plc (http://www.disenco.com), is based in Sheffield,
England. Its revolutionary HomePowerPlant appliance converts waste heat
into electricity for use in the home and business and is a direct
replacement for the domestic boiler. Disenco's HomePowerPlant is a micro-
Combined Heat and Power (m-CHP) appliance, generates heat and electricity
at efficiency levels of over 90%, reduces consumer costs and could create
independence from the National Grid. The appliance has the footprint of a
dish washer, generates 15kW heat and 3kW electrical power and is expected
to reduce the average home's annual carbon emissions by between two to six
tonnes. In June 2006, Disenco Energy received initial approval to begin
field trials and HomePowerPlant trials are currently running with The
Carbon Trust and other selected partners.
Forward-Looking Statements
The statements contained in this News Release that are not purely
historical are forward-looking statements. Forward-looking statements may
relate to the success of any of the Company's strategic initiatives, the
Company's expectations, beliefs, growth and future prospects, and the
Company's position in the market and future opportunities therein. Forward-
looking statements may also include without limitation any express or
implied statement relating to future events, industry performance, general
business and economic conditions or circumstances, regulatory and legal
requirements and other matters, many of which are beyond the control of the
Company. Forward-looking statements involve risks and uncertainties which
could cause actual results to differ materially from those projected. All
forward-looking statements included in this News Release are based upon
information available to the Company as of the date hereof and the Company
does not undertake any obligations to update forward-looking statements
should circumstances or management's beliefs or opinions change.
For further information, please contact:
Simon Ambler, CEO
Disenco Energy plc
Tel: +44-(0)-114-261-5180
Ian Holness
London Bridge Capital
Tel: +44-(0)-20-7877-5054
Ben Simons/Adam Reynolds
Hansard Group
Tel: +44-(0)-20-7245-1100
Disenco Energy Plc
