TIDMKSI 
 
RNS Number : 4175R 
Kleenair Systems International PLC 
23 August 2010 
 

                       KLEENAIR SYSTEMS INTERNATIONAL PLC 
                                   (AIM: KSI) 
 
                         Investment in Inspirit Limited 
 
Kleenair Systems International plc ("KSI" or "the Company") is pleased to 
announce an investment in Inspirit Limited ("Inspirit") which the directors 
believe should transform the Company's prospects and establish the Company as an 
investor in the Clean Tech and Renewables sector, in accordance with its 
investing policy, details of which were included in the circular to shareholders 
dated 9 July 2010 and approved by shareholders on 3 August 2010. 
 
Inspirit owns an option to call for the grant of a perpetual licence to 
manufacture and distribute a micro combined heat and power appliance, the m-CHP, 
which it is believed will compete with as well as complement conventional boiler 
technology. 
The appliance generates electricity for household and small business consumption 
and for sale to the national grid, thereby helping to reduce CO2 emissions. The 
appliance is currently powered by natural gas or LPG and is designed to produce 
hot water, central heating and electrical output simultaneously and not 
individually. The simultaneous outputs of the appliance are 15kW thermal energy 
and 3kW electrical energy from around 20kW input of either natural gas or LPG. 
This gives a total unit efficiency of 92%, split 77% thermal efficiency and 15% 
electrical efficiency. The appliance uses a Stirling engine and therefore 
benefits from low noise and vibration characteristics, making it suitable for 
installation in a SME and domestic property. The size of the appliance is 
800(h)*600(w)*600(d) mm. The appliance is designed to be installed by one 
person, and installation is similar to that of a floor standing boiler. 
The directors believe there are three main paybacks associated by having the 
appliance installed: 
-     the value of electricity generated by the appliance (the generation 
tariff). 
-     the value of the electricity exported to the grid (the export tariff); and 
-     the value of a reduction in the electrical bill of the premises by the 
electricity used. 
These collectively form the Feed in Tariff (FIT) introduced in April 2010. The 
directors also believe that small businesses could benefit from the Renewables 
Obligation (RO) regime There is also the value of the carbon saved by generating 
electricity locally as opposed to at a power station. 
The directors consider that the product has significant scope for development in 
the areas of renewable energy power, grid independence, air conditioning and 
tandem or dual supply units in a wide range of capacities and sizes. 
The directors believe the m-CHP will have a significant impact in the area of 
micro generation though the reduction of carbon emissions and improvement in 
overall efficiencies in local and national generation and distribution of power 
and that this will be perceived as a disruptive technology for which they expect 
a significant market will develop as demand for cheaper and more sustainable 
energy increases. 
The technology has undergone an extensive and rigorous development process over 
the course of the last four years with Inspirit's commercial partners, Prodrive 
Automotive Technology Limited (Stirling engine), Enertek International Limited 
(combustion system) and Sentec Limited (control system and power electronics) 
and the Carbon Trust. The m-CHP has built on twelve years of development and 
investment by Sigma Electronik of Norway, who in turn based their technology 
development of the prototype appliance, using a176b Stirling engine, on a number 
of Swedish patents resulting from R&D investment into the Stirling technology by 
Kockums and Lund University of Sweden. 
The commercialisation programme is one year into its time frame and it is 
anticipated to be completed with full production sign off and release in June 
2011. Key areas of testing are the engine, condensing gas burner and control 
electronics and user interface. Initial production appliances are expected to 
become available during the course of 2011 to start the field trial programme. 
KSI has agreed to subscribe GBP300,000 for the issue of 1,300,000 shares in 
Inspirit, representing approximately 81.5 per cent of the existing issued share 
capital. The investment will enable Inspirit to complete its due diligence prior 
to the proposed exercise of the option which will require the issue of 11m new 
ordinary shares in Inspirit to Somemore Limited, the owner of the intellectual 
property rights to the m-CHP appliance, following which the Company's investment 
will represent approximately 10.55 per cent of Inspirit's enlarged issued share 
capital. 
 
Inspirit is beneficially owned and controlled by John Gunn who is a substantial 
shareholder in KSI. The directors, having consulted WH Ireland Limited, the 
company's nominated adviser, consider that the terms of the transaction are fair 
and reasonable insofar as its shareholders are concerned. 
 
+--------------------------------+---------------------------------+ 
| Contacts:                      |                                 | 
+--------------------------------+---------------------------------+ 
|                                |                                 | 
+--------------------------------+---------------------------------+ 
| Kleenair Systems International |        www.kleenair-systems.com | 
| plc                            |                                 | 
+--------------------------------+---------------------------------+ 
| Sarah Pozner, Company          |            +44 (0) 207 736 3498 | 
| Secretary                      |                                 | 
+--------------------------------+---------------------------------+ 
|                                |                                 | 
+--------------------------------+---------------------------------+ 
| Biddicks                       |              www.biddicks.co.uk | 
+--------------------------------+---------------------------------+ 
| Zoë Biddick                    |            +44 (0) 20 7448 1000 | 
+--------------------------------+---------------------------------+ 
|                                |                                 | 
+--------------------------------+---------------------------------+ 
| WH Ireland Limited             |            www.wh-ireland.co.uk | 
+--------------------------------+---------------------------------+ 
| JN Wakefield / Marc Davies     |            +44 (0) 117 945 3470 | 
+--------------------------------+---------------------------------+ 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 MSCPMMJTMBBTBMM 
 

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