Share Price Performance

Acta S.p.A.

("Acta" or "the Company")

Share Price Performance

Acta S.p.A. (AIM: ACTA), the clean energy products company, notes the recent strong performance in the Company's share price. The Company confirms that it continues to receive orders and to ship its electrolyser units and stacks to commercial partners and, as announced on 8 November, has recently shipped its first 500 litre/hour hydrogen generator stack to Giacomini S.p.A, a multinational Italian engineering group. Acta remains confident that it will be able to announce long term commercial agreements with these partners in the near future. 

The positive share price performance also coincided with the announcement on 9 November 2011 by unrelated company ITM Power plc that, further to extensive testing, it had developed an alkaline solid polymer membrane platform for its electrolyser which had achieved 57% cost savings compared to their PEM-based stack, due to the removal of precious metal catalysts and the simplification of the system. The Acta Board believes that this announcement validates the technology strategy of Acta, which has been developing proprietary alkaline solid polymer membrane electrolyser technologies for over two years and is now producing and commercialising these products, which it believes have achieved significant cost leadership due to their system simplicity and non-precious metal catalysts for the same reasons cited above.

The Company is not aware of any other reason for the recent share price movements.

- ENDS-

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About Acta S.p.A.

Acta S.p.A. is a developer and manufacturer of a range of clean energy products. Its product line includes market-leading compact hydrogen generators (electrolysers) which produce pure, dry and compressed hydrogen in a way that is easy-to-use and completely safe, and the Company is committed to integrating its award-winning electrolysers with renewable energy sources.

Acta's cost-competitive electrolysers are based on its proprietary, inexpensive environmental catalyst and hydrogen conversion technologies. These products help overcome the barriers to the adoption of fuel cells, most notably the lack of a local hydrogen infrastructure.

Acta's low-cost hydrogen generators represent a unique breakthrough in electrolyser technology. They can operate using mains power or intermittent renewable energy, and produce clean, dry hydrogen already at pressure for use in fuel cell and other applications. This unique combination of features avoids the system complexity and energy cost of further cleaning, drying and compression of the hydrogen, resulting in a simple, compact, low-cost and highly efficient system that is ideally suited for energy conversion and storage applications. In such applications, which include battery replacement and renewable energy storage, low cost and high efficiency are critical to commercial viability, while hydrogen compression is essential for the energy density of the system. No other water electrolyser currently on the market offers this combination of benefits.

Acta is focusing on delivering its products to markets with high volume demand for high-value environmental solutions (transport, back-up power, energy and leisure). It is accelerating the commercialisation of its products via partnerships with original equipment manufacturers (OEMs), distributors, and agents in these sectors, and intends to drive down production costs at high volume via contract manufacturing.

Acta S.p.A. is based near Pisa, Italy, and was admitted to trading on AIM in October 2005.

www.actagroup.it www.actaenergy.it