Altira to Fuel ENERPULSE Spark Plug Development

ALBUQUERQUE, N.M., Feb. 17, 2004 -- ENERPULSE, Inc., creator of a revolutionary new spark plug called PulStar, announced today that it has received $2,250,000 in venture capital funding from Altira. Altira is a Colorado-based venture capital firm focused on energy technology. The capital will be used primarily to complete testing and begin marketing PulStar.

The PulStar spark plug generates up to 10,000 times more spark power than a conventional spark plug. This augmented power results in improved engine performance and fuel economy of almost any spark-ignited internal combustion engine, giving the Company a $2 billion addressable market.

PulStar's increased power comes from a device called a capacitor, which augments the available electrical energy by storing it and releasing it in a large pulse, much like lightening in a thunderstorm. PulStar can generate significantly more power than a conventional spark plug without consuming more power from a car's limited on-board power supply.

The PulStar technology has already been proven in a two-piece aftermarket version of the product. Over the past 5 years 50,000 of these spark plugs have been sold and installed in engines ranging from two-stroke lawn mower engines to modern sport utility vehicle engines and have demonstrated effectiveness in improving fuel economy, cold start and engine performance.

According to ENERPULSE President and Inventor Louis Camilli, "PulStar is the first real advancement in spark plug technology in decades. It could be the most cost-effective solution available to automakers to meet new government fuel economy standards."

Altira Partner Jim Newell said, "ENERPULSE is an investment that at first glance doesn't fit neatly into Altira's energy portfolio. But it has critical elements of success: a strong management team, a solid patent portfolio and a significant market. We look forward to working with the team to create a success story."

About ENERPULSE

ENERPULSE, Inc. is a privately held company with offices in Albuquerque, New Mexico and Orlando, Florida. Founded in 1996, ENERPULSE develops and markets products based on pulse power technology. For more information about ENERPULSE please contact Daniel W. Parker at (210) 687-1047 or dparker@swbell.net.

About Altira

Altira is a seed and early stage venture capital firm focused on energy technology. Based in Denver, Colorado, the firm is investing from its fourth fund. Altira looks for promising technology companies in the areas of oil and gas, energy information technology, electric power generation, transmission and distribution, and renewable energy. The firm targets opportunities in first institutional equity rounds with initial investments of $500,000 to $3 million. For more information about Altira see http://www.altiragroup.com/.

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