SOURCE: NEVIS Engine Company Ltd.
June 14, 2007 01:00 ET
NEVIS -- One Step Closer in Realising the World's Most Efficient Internal Combustion Engine
The NEVIS Engine Company Ltd. Announced the Closing of Its 1st Round of Seed Funding Following Over 2.5 Million Euros of Government Grants for Its Recently Completed Prototype
LONDON and MILAN, ITALY--(Marketwire - June 14, 2007) - The NEVIS Engine Company Ltd. today
announced that it has successfully closed its first round of seed funding
to help the Company further test and develop awareness of its breakthrough
patented technology incorporated within its first functioning prototype.
The NEVIS (New Exhaust Valve & Intake System) engine is an innovative
Internal Combustion Engine (ICE) that, within a single patented engine
design, is estimated to nearly double the fuel efficiency attained by
conventional ICE technologies.
At the heart of the NEVIS technology is both a new combustion cycle (the
"Bortone Cycle," named after the engine's inventor, Cesare Bortone) and a
breakthrough engine design protected by two patents. These innovations
combined allow the engine to achieve near-perfect combustion at all levels
of power demands (partial power demands of city driving versus full and
constant power demands of highway driving). The engine's versatile design
means it can be configured to be fuelled not only by gasoline but also by
diesel, hydrogen and bio-fuels.
The Company believes that the NEVIS technology holds enormous potential
because, to date, most industry players have focused on adding a second
engine (as in today's hybrids with their electric motors) at significant
cost to overcome the inefficiencies of conventional internal combustion
engines at varying power demands.
The NEVIS Engine Company Ltd. is a technology commercialisation company
formed after the NEVIS Engine prototype went through its first successful
bench test in 2006 (funded largely by Italian government grants). Capable
of nearly doubling the fuel efficiency attained by conventional engines,
its modular cylinder construction offers opportunities to enhance
manufacturing efficiency while allowing a single facility to produce a wide
range of engine sizes for varying power needs suited for diverse
applications (automotive, aeronautic and marine). Its versatile design
means it can be configured to be fuelled not only by gasoline, but also by
diesel, hydrogen and bio-fuels.
For more information visit us on the Web at www.nevisengine.com.