Company Information for Voller Energy Group PLC

AIM-VLR

www.voller.com

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Company Statement

Voller Energy Group PLC (LSE: VLR) is one of the first companies in the world from which you can buy fuel cell systems.
Voller is a developer and manufacturer of portable fuel cell systems that produce the electrical energy you need but without the toxic emissions that contribute towards global warming and climate change. Founded in 2002, Voller Energy has built considerable expertise in fuel cell systems technology for use as battery chargers and mobile generators.
Voller Energy recently announced the fourth generation of their VE100 fuel cell product line the Fuel Cell ABC. The Fuel Cell ABC is a portable generator and battery charger that has a plug on the front just like the plug in the wall, but produces no toxic emissions when operating, in fact the only output is pure water.
New for 2007 will be a 1kW class fuel cell auxiliary power unit (APU) for yachts, site cabins RV's, leisure vehicles and other specialist applications. This system will run from propane, butane or liquefied petroleum gas (LPG), often referred to as Calor Gas in the UK.
Voller's competitive advantage is that the Company can use best of breed components from any aspect of the fuel cell industry. This means that our customers enjoy the best systems from Voller Energy.

Company Diagram

Automatic Battery Charger (ABC)
The ABC is a 100W portable fuel cell system packaged so that it is easy to carry and use anywhere, even underground. It is available in two different AC voltages; either 110V or 230V and both variants have both a 12VDC output and a USB charging port. This system can be used to power small portable devices such as IPODs or mobile phones or to simply recharge any battery. It is fully integrated for convenience and it boasts a frost sensor which enables the user to use it in below freezing conditions. The ABC has a serial port. This can be used for diagnosing the system e.g. for system statistics and fuel level reporting.

Operations and Technology

Portable power
Voller Energy is a leader in portable fuel cell systems, one of the first companies in the world who have deliverable technology. Portable fuel cells are widely predicted to be the first type of fuel cell to reach a mass market and Voller Energy is now well positioned as an early leader in this sector.
Climate change and global warming concern everyone. New technology can be used to help produce the energy we all need, but with reduced greenhouse gas emissions. Fuel cells are one exciting example of these new technologies.
The world fuel cell market will be worth $45 billion by 2011, and portable fuel cells will be worth $17 billion of this. Fuel cell systems can be broken down into three broad market areas: Portable (generators and battery chargers), Stationary (electrical power generation) and Transport (fuel cell powered vehicles).
Voller Energy is focused on the portable area. This is also expected to be the first area of the market where fuel cells will be accepted.
Leisure & Relaxation - Yachts, Boats and Camping
Yachts and recreational boats normally have DC 12v and/or 24v house circuits and use marine or traction (deep cycle) batteries for this purpose. Electrical power is a constant problem for any Skipper and the need to run the engine or genset for a long time every day to keep batteries charged is well known. Voller Energy is developing a 'fit and forget' power unit that can supply the house power load and keep batteries charged automatically. Voller Energy's reformer technology can be easily integrated into a yachts electrical systems to work from the yachts existing diesel or liquid petroleum gas (LPG) or propane supplies.

When installed, the system will quietly and automatically operate within a specified voltage range, switching itself on and off as required supplying the boats power requirements and keeping its batteries charged.
Military
VE900M military fuel cell was unveiled at DSEi (Defence Systems & Equipment International), the world's largest international tri-service defence exhibition in London, on Monday 13 September 2005. Voller is working with a number of specialist military battery suppliers to address the logistics and power sources area of the FIST programme. The charger is designed to fit into the webbing of the Future Integrated Soldier Technology (FIST) soldier project, which is the next stage of the UK's soldier modernisation programme.
According to a recent Smith Barney research report, the US Marines used approximately 3,000 batteries per day during the first two weeks of Operation Iraqi Freedom, implying a usage rate of over 4 million units per year for the military overall. In addition, the BA-5590 battery currently used by the military is heavy, weighing almost 2.5 lbs.
Construction Industry

On many construction sites power is not available, or is turned off for safety reasons. So charging the batteries used in cordless power tools can be a real problem. While conventional gasoline or diesel generators cannot be used indoors or on scaffolding, Voller Energy's fuel cell generators and battery chargers can be used wherever you are working. Speedy Hire is the leading supplier of cordless power tools to the UK construction industry. Voller Energy has been working with Speedy Hire to develop a cordless tool battery charger that can be used wherever you are working.

Geographical Spread

Board of Directors and Key Management

John Ernest Brown FCCA, aged 60, Non-executive Chairman

John Brown has served as Non-executive Chairman of the Group since April 2004. He is chief executive of Speedy Hire plc (LSE: SDY), a FTSE 500 company. John joined the Allen Group, a private building company in 1973 as finance director and company secretary. In 1977, he started the Speedy Hire business with one depot in Wigan and has masterminded its expansion since then. He became chief executive of Allen plc in February 2001 and was responsible for the transformation of the Allen Group into Speedy Hire plc.

Stephen David Voller, aged 45, Chief Executive Officer

Stephen Voller co-founded Voller Energy in 2002 and is an experienced entrepreneur who has successfully built a number of technology businesses and managed a number of high growth companies. Previously, Stephen was chief executive officer of RealCall (now called Adeptra), a company focused on interactive alerting to mobile phones, managing director of Netscape UK and a sales manager at IBM. Whilst at IBM, Stephen managed a $1 billion business unit, marketing exclusively through distributors, OEMs, retailers and resellers.

Stephen has a degree in Data Processing from the University of Leeds, is a Chartered Engineer, a member of the Institute of Electrical and Electronics Engineers (IEEE) and an independent member of PITCOM - the UK Parliamentary IT Committee.

Richard Michael Clarke, aged 54, Chief Operating Officer

Mike Clarke co-founded Voller Energy in 2002 and has twenty-five years of management experience of the production of complex electronic and electro-mechanical products with companies such as Aston Electronic Designs Limited, Perex Limited, Sintrom plc, and Sperry Rand Inc. As Chief Operating Officer, he will be responsible for manufacturing, and meeting production, quality and shipment targets. Mike has designed and built the Voller Energy VE100 fuel cell systems, and has been largely responsible for the intellectual

property development and patent application filings of the Group. Mike is one of the technical experts advising the British Standards Institute (BSI) for the International Standards Organisation (ISO) Micro Fuel Cells Standards Committee.

Colin Peter Bonsey FCA, aged 58, Finance Director

Colin Bonsey has served as a financial consultant for Voller since October 2004 and, on 25 January 2005, was appointed Finance Director. He is a Chartered Accountant (ACA 1969, FCA 1971), and from early 1999 to December 2003 served as group finance director and company secretary of Bullough plc, a small cap mini conglomerate with group turnover of £250 million. Colin was an audit senior at KPMG before joining Philip Morris as corporate controller in 1973. In 1976 he joined Siebe plc (now part of Invensys plc), a world leader in controls and automation with current turnover of £3.7 billion. He joined the board of Siebe plc in 1990 as director of planning and remained on the board until his departure in 1999. Colin is a non-executive director of Densitron Technologies

plc.

David Alan Cranston CBE, aged 59, Non-executive Director

After a 30 year career in the Army, initially in the Artillery but mainly as an Army Aviator, David Cranston's final appointment was as Deputy Commander, and then Commander, of the Germany based Multinational Airmobile Division with 26,000 personnel from four nations, a capital budget of £8 billion, and an £800 million annual operating budget. Upon leaving the army in 1995, he became a financial regulator, joining the Personal Investment Authority (PIA) as head of member relations and in 1997 he became head of group compliance at The Royal Bank of Scotland. From 2000 to 2002 he was Director General of The National Association of Pension Funds. Currently, David has a number of other non-executive and voluntary appointments, which include being a member of the British National Olympic Committee.

David Charles Port, aged 57, Non-executive Director

David Port is a Fellow of the Institute of Chartered Management Accountants and is widely experienced in the energy sector. David is the non-executive chairman of ATH Resources plc (LSE: ATH), the mining group, and is a former chairman of the Coal Trade Benevolent Association. He is also a non-executive director of Global Natural Energy plc (LSE: GNE) and the non-executive chairman of Petrol

Express Limited. Global Natural Energy plc through its principal subsidiaries is a distributor of gas and petrol in the UK and steel in Europe and Russia. Petrol Express Limited operates a chain of 60 petrol stations in the UK. David is also a non-executive director of TRS Developments Limited.

Company Address

Rawdon House, Bond Close, Kingsland Business Park,
Basingstoke, Hampshire, United Kingdom RG24 8PZ


Telephone:	+44 (0)1256 813 900
Facsimile:	+44 (0)1256 813 901
Email:	company.secretary[at]voller.com
Website:	http://www.voller.com

Capital

23,000,513 ordinary shares of 2p each

Annual General Meeting

October

Year End

30 June

Nominated Brokers

Seymour Pierce

Nominated Advisors