Eco Marine Power and AIMS Global Engineering Sign MOU

Companies agree to co-operate to develop and promote eco-friendly solutions for shipping

Fukuoka, Japan – 24th April 2013 - Eco Marine Power (EMP) announced today that it has signed a Memorandum of Understanding (MOU) with AIMS Global Engineering (AIMS) of Kuala Terengganu, Malaysia to market and develop renewable energy solutions for shipping.

Initially the companies will focus on a project to complete the detailed design of the Medaka eco-commuter ferry with the aim to start marketing this innovative solar-electric urban passenger ferry across the Asia-Pacific Region later this year. The Medaka eco-commuter ferry will incorporate a range of technologies including hybrid marine propulsion, a data management system, Lithium-ion storage modules and a solar array incorporating flexible solar panels.

Mohd Tarmizi, CEO of AIMS Global Engineering said “This Memorandum of Understanding (MOU) will promote and strengthen a friendly relation between our two companies, leading to a closer partnership and collaboration between AIMS Global Engineering and Eco Marine Power”

He added: “AIMS are very pleased to be supporting Eco Marine Power in their move towards utilising marine renewable energy. The knowledge that we will amass and the skills to be acquired will provide us a unique insight as to what is feasible and achievable.  It will add value to our understanding and enhance our capacity for harnessing and promoting renewable energy in the offshore marine industry,’’

Greg Atkinson of Eco Marine Power commented “This agreement with AIMS-Global Engineering is a major step forward for Eco Marine Power in terms of bringing our solutions to the market in Asia. We look forward to working with AIMS as a strategic partner in developing our existing solutions plus coming up with new renewable energy and low emission solutions for shipping in the years ahead”.

Eco Marine Power and AIMS Global Engineering will also co-operate on a project to incorporate a renewable energy solution onto an existing offshore support vessel and explore the possibility of working together during the sea trials of EMP’s Aquarius MRE System and EnergySail technologies.

About AIMS Global Engineering

AIMS-GLOBAL ENGINEERING SDN. BHD. specializes on vessel chartering, supply and services sector. With the licenses of PKK, CIDB, Ministry of Finance and Petronas Marine Spread, AIMS-Global Engineering is fully confident that it can provide the best services to fulfill the customer’s needs. The company was incorporated on 12th October, 2002 and is located at Kuala Terengganu, Malaysia.

To read more about Aims-Global Engineering please visit: http://aimsglobal.com.my/

About Eco Marine Power

Eco Marine Power Co. Ltd. is an internationally focused technology company based in Fukuoka, Japan, that designs innovative eco-friendly solar, wind, electric and hybrid marine power and propulsion solutions. The company also develops sustainable ship concepts that incorporate the latest renewable energy technologies and is currently working on a number of design projects including the Aquarius MRE System, EnergySail, Aquarius Eco Ship, Aquarius USV and Medaka eco-commuter ferry.

To read more about Eco Marine Power please visit: http://www.ecomarinepower.com on Twitter @EcoMarinePower

Media Enquiries

Greg Atkinson (Eco Marine Power)

Phone: +81 92 287 9677  Mobile: +81 90 1369 7568

E-mail: greg.atkinson@ecomarinepower.com

Twitter: @EcoMarinePower

Ms Jannah (AIMS Global Engineering)

E-mail: jannah@aimsglobal.com.my

Aquarius MRE System, AquariusUSV & EnergySail are trademarks of Eco Marine Power Co. Ltd.

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