EMPOWER NEWS

EMPOWER to announce major contract and unveil blueprints for two cooling plants at WETEX 2006

February 28th, 2006

Emirates Central Cooling Systems Corporation (EMPOWER) announced today that it will participate in the Water, Energy, Technology and Environment Exhibition (WETEX) for a third year in a row.

At WETEX 2006, scheduled to be held at the Dubai World Trade Centre from March 13 - 15, EMPOWER will announce the signing of a major 25-year cooling contract with one of Dubai's mega projects. It will also unveil blueprints of two district cooling plants being built to provide cooling services to large projects in Dubai. Models of the plants will be displayed at EMPOWER's stand.

'EMPOWER is pleased to be participating in WETEX 2006 particularly as the exhibition has a special focus on companies which provide environmentally friendly energy,' said Ahmad Bin Shafar, CEO of EMPOWER. 'EMPOWER is proud to showcase its energy-efficient district cooling services and seeks to use this valuable exhibition as an opportunity to discuss best practices among our peers in the energy industry, as well as raise awareness about our unique services among the general public.'

The exhibition, which will bring together buyers and sellers of energy products as well as decision-makers in government departments, will give EMPOWER an opportunity to forge new business alliances and strengthen existing business relationships.

The exhibition will feature over 300 companies showcasing machinery, products and services. In addition, the exhibition will provide a platform for companies to showcase new technologies and solutions for better management of water, energy and environment.

EMPOWER was formed at the end of 2003 as a joint venture between the Dubai Technology and Media Free Zone and the Dubai Electricity and Water Authority (DEWA) to provide energy-efficiency services to real estate developments.

EMPOWER's District Cooling System (DCS) is a considerably more cost-efficient alternative to air-cooled chiller systems. It is estimated that chiller plants account for up to 60 per cent of electricity usage in large buildings. With DCS, building owners can reduce electricity usage substantially.

Additionally there are cost savings and other benefits from reduced maintenance, enhanced efficiency and reliability, space savings, flexibility of air-conditioning load and a plant life that is twice that of traditional plants.


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