Altira Invests in Eco Power Solutions, a Leading Energy Recovery and Emission Control Provider

Demonstrating its commitment to helping meet global energy demand

DENVER CO. & QUINCY MA. - October 30, 2008 – PR Newswire—Altira Group LLC – a pioneer and leader in venture capital and private equity funding for energy technology companies, today announced a seven Million dollar investment in Eco Power Solutions (Eco Power), of Quincy, MA. Altira’s investment in Eco Power was made from its Altira Technology Fund V—a $176 Million fund focused on venture capital for energy technologies.

Eco Power designs and builds a unique all-in-one industrial grade energy recovery and emission control system know as the COMPLY 2000, which captures waste heat that otherwise would escape via flue stacks.

The COMPLY 2000 unit can significantly reduce an industrial’s reliance on the local power grid and significantly reduce its energy costs by recovering and redirecting waste heat throughout the manufacturing facility. For utilities, the recovering capabilities of the unit allows for a reduction of input costs that equal energy production.

In addition, the COMPLY 2000 virtually eliminates industrial and utility emissions generated from oil, natural gas and coal-fired boilers in excess of 96 per cent of nitrogen oxide (NOx), sulfur dioxide (SOx), and particulate. It is also capable of reducing up to 25 per cent of carbon dioxide (CO2) emissions.  Tests verified by the U.S. Department of Energy’s Brookhaven National Laboratory document that the COMPLY 2000 ratings in these areas are superior to the performance standards of all currently available technology

“Higher energy costs are driving industrial users of energy to proactively install Eco Power’s technology to capture and convert waste heat into additional energy,” said Mr. Hull McKinnon, Principal at Altira and a board member of Eco Power Solutions. “Eco Power Solutions is a wonderful example of the type of company we have been investing in for more than a decade.  Their transformative technology will help us meet our global energy demands today and in the future.”

“We are excited to have Altira as a partner,” said Tom Thompson, CEO of Eco Power Solutions.  “They are a proven investment firm with a strong reputation of partnering with companies and achieving success.  This investment will help accelerate Eco Power’s growth strategy and its ability to pursue a market estimated in the trillions of dollars.”