Flow Energy wins 10,000 energy customer accounts

Energetix Group plc

("Energetix" or "the Group")

Flow Energy wins 10,000 energy customer accounts

Energetix Group plc, (AIM: EGX), the developer and provider of energy efficient products and retail energy services, announces that its domestic energy business, Flow Energy, has as at today registered over 10,000 energy customer accounts. This milestone has been reached in just six weeks, since Flow Energy launched to the home energy market on 2 April 2013.

Flow Energy provides very competitive prices alongside high levels of service. Flow Energy's Thames tariff is currently the cheapest Fixed Rate home energy tariff on the market. Its UK-based team is packed with dedicated and experienced energy experts. It's a combination that is attractive to customers and is rapidly increasing the recognition and appreciation of the Flow brand.

With 10,000 customers already, Flow Energy is quickly building an extensive customer database. This is generating significant revenue for the Group for the first time. It also provides the future opportunity to offer the key element of Flow's strategy, the Flow microCHP boiler, to a large number of satisfied, engaged customers with whom Flow Energy already has a strong and positive relationship. That should allow marketing costs for the boiler to be reduced and take up increased.

Tony Stiff, Managing Director of Flow Energy, said, "We promised to deliver a successful energy business and that's what we're doing. The speed and success with which we're taking on energy customers has exceeded expectations, as has the performance of our customer systems and our people, who deserve special praise. We're providing a premium customer experience and great value, which we know is an extremely attractive combination. It's the ideal preparation for the launch of our boiler business - happy customers, and lots of them; a strong brand with growing recognition; a team that, throughout the business, is 100% engaged with our success; and a strengthening proposition for shareholders."

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About Energetix Group plc

Energetix Group plc is a developer of cost-effective products to meet the growing global demand for alternative efficient energy. Currently Energetix has two subsidiary businesses:

Flow - microCHP energy generation and retail electricity & gas

Pnu Power - compressed air back-up power for the protection of essential systems

In addition, Energetix has a c.25.7% stake in VPhase plc, an energy efficiency business created by Energetix and subsequently spun out in 2010. VPhase is now a standalone independently funded commercial venture.

With all technology development now completed Energetix is well positioned as it moves to the commercialisation stage of its corporate development.

Flow (formerly Genlec and Kingston Energy) - www.flowenergy.uk.com

Flow Products has developed a highly efficient, compact and light weight, wall mounted microCHP (Combined Heat and Power) appliance known as the Flow Boiler (formerly the Kingston Boiler). The Flow Boiler is specifically designed to generate 1kW of electrical power. The Flow Boiler therefore has an inherent low total cost of ownership (initial outlay plus maintenance) and has already demonstrated industry leading payback cycles which many analysts believe is the key to unlocking this significant market opportunity.

Flow Energy is a unique dual fuel energy company, which will provide free microCHP boilers to its customers in return for a commitment to buy gas and electricity, with a price promise that energy prices will not exceed those of the major energy suppliers.

Pnu Power

Pnu Power focuses on the provision of compressed air back-up power which can ensure an uninterruptible power supply for critical systems, particularly for the telecoms, data centre and power transmission markets. Pnu Power range has been extended to include the DC100 product that can now meet the demand of the rapidly growing Green Data Centre market, providing a low carbon alternative to flywheels. Pnu Power has been successful in achieving repeat trial sales and is now poised to move out of the trial sales phase and into full volume commercial sales.

Energetix Group joined AIM in August 2006. The Group and its subsidiaries and associates are based near Chester, NW England and Ipswich, Suffolk.