Camcon appoints McColl Partners in Bid to Commercialise Technology Worldwide  

Digital valve pioneer seeks to accelerate time to market in oil and gas and vehicle engine markets

8 March, 2007 – Camcon Technology, the UK developer of the digital valve, today announced that it has appointed McColl Partners, LLC, a US-based investment banking firm, to pursue strategic partnerships on its behalf worldwide.

Camcon has developed a ground-breaking digital valve called the Camcon Binary Actuator. The Camcon Binary Actuator has addressed two major world issues, namely optimising engine efficiency and maximising the output from oil wells.

Camcon is targeting its intellectual property at the oil and gas market to improve the efficiency of oil recovery from oil wells. It is also targeting vehicle engine design to improve the efficiency of diesel and petrol engines by controlling the engine electronically, rather than through the mechanical control of the camshaft.

Camcon has charged McColl Partners with developing relationships with international organisations, aimed at accelerating the commercialisation of Camcon’s intellectual property and deployment of the technology in the automotive, oil and gas and other industries as rapidly and broadly as possible.

"Camcon's technology is so extraordinary that the full market potential is best realised by an arrangement with a multi-national company that can bring substantial marketing and financial resources to complement Camcon’s ground breaking science. McColl Partners has the track record and relationships worldwide to help us maximise the opportunity for our technology,” said Danny Chapchal, chairman, Camcon.

“In view of the remarkable success that Camcon has had with forging new business relationships, it has appointed McColl Partners to seek new strategic alliances,” said Phil Colaco, managing director and co-founding partner of McColl Partners.

- ends -

About Camcon

Based in Cambridge, UK, Camcon Technology is a small fast growing company focused on the research and development of the Camcon® binary actuator. The high-speed, low energy consumption, low heat dissipation and long life characteristics of the Camcon® binary actuator mean that it has applications in a whole new range of areas, as well as being a replacement for existing actuator and valve technologies.

Camcon Technology licenses its technology to customers, typically on a field-of-use basis. The company develops pre-production prototypes for customers on a consultancy basis and then hands over designs either to its customers to manufacture in volume, or to a manufacturing partner.

About McColl Partners, LLC

McColl Partners is an independent investment banking firm specializing in the needs of management and owners of middle-market companies. With significant experience working with private equity groups, entrepreneurs, family-owned businesses, public companies, and divisions of larger companies, the firm is dedicated to offering strategic advice and assistance to its clients regarding mergers and acquisitions and private capital raising assignments. McColl Partners is registered with the Securities Exchange Commission and is a member of the NASD and SIPC .