Remediation of 310 North Race Street Has Been Accomplished & New Clean Energy Research Center Established for Xergy Inc.

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Xergy Inc. is proud to announce that the remediation of Pep-Up Inc. former site on North Race Street has been completed, and the site is now in use as its advanced clean energy research and development center.

Xergy Inc.(http://www.xergyinc.com ) a firm utilizing Proton Exchange Membrane (PEM) components utilized in fuel cells to provide the most efficient, noiseless, modular, scalable compressors for refrigeration systems, has announced that it has effectively completed the soil remediation phase of “cleaning up” (remediating) the site it purchased from Pep Up, Inc. (Georgetown, DE), on North Race Street in Georgetown.

Xergy Inc. selected this site for its research and development center in 2009; and entered into a complex arrangement with Pep Up Inc. (the former owners) and Delaware’s Department of Natural Resources (DNREC) to remediate this former gasoline distribution site as part of Delaware’s Brownfield Development Grant program. Under this program, Xergy Inc. received a grant for $225K and entered into a contract with Environmental Alliance Inc. (Wilmington,DE) to analyze and subsequently clean up this site for future commercial use.

At the end of August 2011, all major clean-up operations were effectively completed under Environmental Alliance’s supervision. This involved digging out more than 100 truckloads of petroleum-contaminated soil from areas where there were high concentration of contaminants and replacing this earth with clean fill.

Bamdad Bahar, Xergy’s CEO, inventor and co-Founder commented that, “Delaware’s Department of Natural Resources (DNREC) has been extremely efficient in reviewing our grant requests and then working with our consulting company to ensure that this remediation was completed in an effective and speedy manner. Environmental Alliance too, has been exceptional in their project performance. Bryan Pepper at Pep Up Inc. should be saluted for his very creative and can do business approach that enabled Xergy to purchase this site and undertake this project. I am immensely proud of the huge transformation potential of this region of Georgetown now that this project is nearing completion. Every aspect of this area should see immediate improvements, including ground water quality, real estate development opportunities … you name it …will benefit, much to the satisfaction of the Town’s residents. We have already completely transformed the front end of the warehouse on this site into a modern R&D laboratory, and now we can begin to make better use of the rear area as our operations expand. The products we have developed inside Xergy are a testament to our commitment to “sustainability” and “improving the environment”. It is especially rewarding to have also been able to show our commitment to these principles through the remediation effort undertaken at our technology center.”

Xergy Inc was founded in 2009 to commercialize a series of patents based on “electrochemical compression” to launch a new class of clean, green compressors for the refrigeration and cooling industry. Xergy’s technology is based on utilizing electrochemical compression of clean non-GHG (non-Green-House-Gas) depleting refrigerants. This technology provides for highly-efficient, noiseless, vibration free, modular and scalable Cooling Systems. This technology is potentially transformational and disruptive for the conventional refrigeration industry. It uses stable and well-understood technology from the Fuel-cell industry in a novel fashion that simply uses electricity to produce refrigeration without the need for motors or polluting refrigerants. Devices utilizing this technology could be deployed in any number of commercial, residential and automotive applications in a cost-effective, efficient and planet-friendly manner. It leverages existing proton-exchange-membrane technology with hydrogen’s excellent thermodynamic characteristics and ability to co-exist with other fluids, to operate a clean and efficient refrigeration cycle. Xergy won GE’s Global Ecomagination in June 2011, and expects to deliver prototypes to its global F500 strategic partners within the next 12 months. For more information, please call Cassandra Asher at 302-856-3500. Xergy is based at 310 North Race Street, Georgetown, DE 19947. The company’s website is http://www.xergyinc.com.

Environmental Alliance, Inc. (Alliance) is a full-service engineering and environmental consulting firm headquartered in Wilmington, Delaware. Alliance works primarily for industrial companies, utilities, and law firms, supplying consulting services in the areas of environmental site assessment and remediation, permitting, air quality services, and expert testimony/litigation support services. For more information, please call Bill Smith at 302 234 4400. The company's website is http://www.envalliance.com

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Bamdad Bahar
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