No person receiving a copy of the admission document in any territory other than the UK may treat the same as constituting an offer or invitation to him to purchase or subscribe for ordinary shares nor should he in any event purchase or subscribe for ordinary shares unless such an invitation or purchase complies with any registration or other legal requirements in the relevant territory. Any person outside the UK into whose possession the admission document comes or who wishes to purchase ordinary shares should satisfy himself that, in doing so, he complies with the laws of any relevant jurisdiction and that he obtains any requisite governmental or other consents and observes any other applicable formalities.

The ordinary shares have not been nor will they be, registered under the US Securities Act of 1933, as amended, or with any securities regulatory authority of any state or other jurisdiction of the United States or under the applicable securities laws of Australia, Canada, Japan or the Republic of South Africa. Subject to certain exceptions, the ordinary shares may not be offered or sold in the United States, Australia, Canada, Japan or the Republic of South Africa or to or for the account or benefit of any national, resident or citizen of Australia, Canada, Japan or the Republic of South Africa or any person located in the United States. The admission document does not constitute an offer of, or the solicitation of an offer to subscribe for or buy, any ordinary shares to any person in any jurisdiction to whom it is unlawful to make such offer or solicitation in such jurisdiction and is not for distribution in, or into, the United States, Australia, Canada, Japan or the Republic of South Africa. The distribution of the admission document in other jurisdictions may be restricted by law and therefore persons into whose possession the admission document comes should inform themselves of and observe such restrictions.

MaxWest Selected by The Artemis Project™ as Emerging Top Technology Company

(Sanford, Florida) (May 17, 2011) MaxWest Environmental Systems, Inc. today announced that it has been chosen by The Artemis Project™ as a Top 50 Water Companies Competition winner in an international competition that identifies and honors game-changing technologies in the water industry.  MaxWest has the first, commercial-scale facility operating in Sanford, Florida that offers a safe, cost-effective and environmentally friendly alternative to incineration, landfill or land application of biosolids (sewage sludge) and represents a game-changing technology for the wastewater sector.  MaxWest’s proprietary renewable power technology captures the energy contained in biosolids and recycles it for use on-site, while reducing the inlet volume by over 90 percent. Their technology provides a sustainable solution by recycling water and energy, rather than disposing those critical resources.

 

“The Artemis Top 50 is the water industry’s benchmark for recognizing innovation that will matter.  It identifies the entrepreneurs that are applying technology to meet the world’s water challenges,” noted Laura Shenkar, principal at The Artemis Project. “Water tech is quickly becoming an engine for economic development and job growth. With these awards, we strive to identify the companies offering the most promising technologies coming onto the market."

 

"We're honored to accept this award on behalf of our entire team including our municipal customers, engineering firms and investors, since it takes trust from these kind of partnerships to deploy a new technology that will make MaxWest successful in the US and international markets,” said Ross M. Patten, MaxWest CEO.  ”Currently, we are working in many areas of the globe to develop projects that reclaim energy from biosolids with our goal to be the most reliable company in the biosolids to energy space. He continued, “the novel MaxWest Gasification System can decrease operating costs and minimize or eliminate traditional greenhouse gas emissions sources, while converting biosolids into a sustainable, thermal energy to displace fossil fuels.

 

Lux Research recently completed a report looking at innovative technologies, and found that wastewater treatment residuals has long been narrowly viewed as an expensive nuisance, fit only for treatment and disposal like any solid waste materials. Utilities like wastewater treatment plants, however, have increasingly begun to explore technologies designed to help extract energy and other valuable products from wastewater sludge. As these technologies mature, the market opportunity for resource recovery will grow from $25 billion today to $45 billion in 2020, according to a recently released Lux Research report titled “Technologies Turn Waste into Profit.

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About The Artemis Project:

The Artemis Project™ is a boutique consulting practice dedicated to helping companies thrive in a world of increasing water scarcity. We operate at the intersection of corporate strategy, advanced technology, investment and policy. We work with global corporations to achieve a sustainable competitive advantage through operational excellence in water management and assist advanced water technology companies in maximizing the value they bring to their customers.  For more information visit: www.theartemisproject.com.

Contacts:

Laura Shenkar, The Artemis Project, (415) 751-0100, laura@theartemisproject.com

Lisa Hawes, Sterling Communications for The Artemis Project, (408) 884-5155, attensity@sterlingpr.com

Please visit www.theartemisproject.com/competitionpage.html for a full list of the 2009 Top 50 Water Companies Competition winners.

Links in this release:

The Artemis Project: http://theartemisproject.com/

Top 50 Awards: http://theartemisproject.com/news-events/competition/

Laura Shenkar’s bio: http://theartemisproject.com/about-us/management-bio/

Ontario H2O Summit: http://h2o.ocediscovery.com/en/default.aspx

MaxWest Contact Kelly Sarber (760) 613-5994

Website: www.maxwestenergy.com