Recaptured Energy Technologies Partners With Ricardo

Ricardo to Serve as Resource Partner

CHICAGO, Oct. 13 -- Recaptured Energy Technologies and Ricardo, one of the world's foremost providers of consulting services to the automotive, transport and energy industries, have partnered on a joint development agreement to create "Green Solutions" to the fuel and emissions problems faced by operators of fleet, commercial and transit vehicles.

"We are excited to serve as a resource partner for Recaptured Energy Technologies," said Karina Morley, global product group director of controls and electronics for Ricardo. "Recaptured Energy Technologies is committed to finding solutions for reducing fuel consumption and emissions of fleet vehicles and we believe that Ricardo has much to offer in this area of endeavor. The Recaptured Energy Technologies team is very passionate about what they do and we feel Ricardo is the perfect partner to help them achieve their goals."

"When we first started Recaptured Energy Technologies, the first phone call we made was to Ricardo," said Sam Jones, founder and president of Recaptured Energy Technologies. "There is no other company in the world that can offer the expertise and experience to help us advance our cutting-edge technologies. We know that our customers will not only benefit from lower vehicle maintenance costs and a 'greener' fleet, but also from the involvement of our key resource partner, Ricardo."

About Ricardo

Ricardo is a leading provider of technology, product innovation, engineering solutions and strategic consulting to the world's automotive, transport and energy industries. Ricardo's advanced and well-equipped technical centers located worldwide serve a wide and balanced customer base which includes the world's leading automakers, vehicle component and system manufacturers, government agencies and industry regulatory bodies. With a clear focus on delivering "clean-tech" solutions, Ricardo has an enviable record for research led product innovation and program delivery expertise, which is deployed across a range of markets, including the passenger car, commercial vehicle, off highway and military sectors. In addition, Ricardo is also increasingly active in related markets such as new energy, power generation and transportation and infrastructure planning.

About Recaptured Energy Technologies

Headquartered in Chicago, Recaptured Energy Technologies (RET) is a leader in providing energy solutions for fleet, commercial and transit vehicles. RET helps government agencies, fleet managers and corporations improve fuel economy, reduce emissions and lower vehicle maintenance costs through energy optimization. For more information, call 312-214-7266 or visit www.recapenergy.com.