IRVINE, CA, February 16, 2012 – Today, FlexEnergy Inc (www.flexenergy.com), a technology company based in Irvine, California, which designs and manufactures innovative systems capable of producing continuous energy with near-zero emissions from a broad range of fuel sources, announced that the board of directors has appointed Jay Mitchell as the company’s President and Chief Operating Officer. He brings to FlexEnergy his extensive experience in raising capital from third parties to fund near-term growth and expansion. Jay’s initial focus will be on raising capital for FlexEnergy’s continued growth, new product development and commercialization of its technologies.

“Jay Mitchell brings an abundance of knowledge and experience in the energy industry to our team to support our continued expansion in the marketplace,” said Joe Perry, FlexEnergy CEO. “Jay has a wealth of experience from co-founder of a startup equipment business to a C-Level executive of NYSE listed energy equipment manufacturers. We are tremendously looking forward to working with him.”

Jay has a strong operations background in manufacturing environments and a proven record of success with manufacturing process improvement. Throughout his career he has raised almost $1 billion in capital for both high level corporations and small start-ups.

“I am pleased to be part of FlexEnergy as we transition from start-up to high growth,” said Jay. “I’m looking forward to working with the team during this exciting time as we expand in the marketplace and address the rapidly evolving energy needs.”

Jay previously served as Senior Vice President and Chief Financial Officer at Texas-based T-3 Energy Services, Inc., a publicly traded company and leading global manufacturer of blowout preventers to the oil & gas industry. Under his direction, T-3 expanded product lines, market share and profitability throughout changing market conditions. Prior to his role at T-3, Jay served as Chief Financial Officer of the Latin American Land and E&P services of Pride International, Inc. Most recently, Jay raised approximately $30 million for an energy equipment company where he was a founder.

For more information on FlexEnergy and its systems, please visit www.flexenergy.com.

About FlexEnergy Inc:

FlexEnergy Inc (www.flexenergy.com) is the developer of the world’s cleanest energy platforms, transforming a range of gases into a clean energy source. FlexEnergy Inc manufactures a product line of gas turbines with the lowest emissions and widest fuel flexibility. The energy-efficient Flex Turbine^TM MT250is the leader in its class with hundreds of thousands of field operating hours burning low to high Btu gases.  The Flex Powerstation^TM FP250 with the patented thermal oxidizer is the only turbine that offers both pollution control and energy generation from low quality methane. FlexEnergy Inc is headquartered in Irvine, Calif. with manufacturing and service facilities in Portsmouth, N.H. and Mocksville, N.C.

For more information, visit www.flexenergy.com.

FlexEnergy Inc Investors include SAIL Capital Partners, a cleantech investment firm with unique global insight into technologies, markets and opportunities (www.sailcapital.com), and RNS Capital Partners, a closely held private equity firm with investments in energy services, clean technology and education (www.rnscapitalpartners.com).

# # #

Contact:
Katie Christopher Franklin or
Jessica Ross
(202) 974-5084
Katie@FinnPartners.com

IRVINE, CA, January 31, 2012 – Today FlexEnergy Inc (www.flexenergy.com), a company that transforms a range of gases into a clean energy source, announced the addition of three new members to its board of directors. The recently appointed board members include John Ryan, former President  & CEO of Dresser, Inc.; Chuck Packard, President & CEO of INGENCO; and Steve Krablin, former CEO of T-3 Energy Services Inc. and CFO of National Oilwell Varco.

“Our three newest board members are visionaries who have helped shape the energy industry,” said Joe Perry, chief executive officer of FlexEnergy. “Each brings over thirty years of leadership experience, and their extensive knowledge of the industry will assist FlexEnergy to continue to grow and succeed as a company.”

The newly appointed board members have each had distinguished careers in the industry. Their accomplishments as well as their involvement with FlexEnergy include the following.

• John Ryan: As President & CEO of Dresser, Inc., Ryan managed and grew the company until its successful sale to General Electric. As a FlexEnergy board member Ryan’s role will be to help with the organization’s strategic planning and sales strategies.

• Chuck Packard: For the past 25 years, Packard, President & CEO of Ingenco, has served as a leader in the field of cogeneration and independent power production in the landfill gas to energy marketplace. At FlexEnergy, Packard will help with installation-specific planning and the de-risking of new equipment.

• Steve Krablin: Prior to T-3 Energy Services Inc., Krablin served as the chief financial officer of National Oilwell Varco from 1996 to 2005. Krablin will use his wealth of financial experience at FlexEnergy, helping to make ongoing improvements and refinements to the company’s financial accounting, controls and reporting.

John Ryan, Chuck Packard and Steve Krablin join FlexEnergy’s seven other esteemed board members, including the Honorable Stephen L. Johnson, former Administrator of the EPA, to help direct the company’s continued growth. They have already begun to play an active role with the company and will be guiding the organization as it moves forward.

For more information on FlexEnergy and its systems, please visit www.flexenergy.com.

About FlexEnergy Inc:

FlexEnergy Inc (www.flexenergy.com) is the developer of the world’s cleanest energy platforms, transforming a range of gases into a clean energy source. FlexEnergy Inc manufactures a product line of gas turbines with the lowest emissions and widest fuel flexibility. The energy-efficient Flex Turbine^TM MT250 is the leader in its class with hundreds of thousands of field operating hours burning low to high Btu gases.  The Flex Powerstation^TM FP250 with the patented thermal oxidizer is the only turbine that offers both pollution control and energy generation from low quality methane. FlexEnergy Inc is headquartered in Irvine, Calif. with manufacturing and service facilities in Portsmouth, N.H. and Mocksville, N.C.

For more information, visit www.flexenergy.com.

FlexEnergy Inc Investors include SAIL Capital Partners, a cleantech investment firm with unique global insight into technologies, markets and opportunities (www.sailcapital.com), and RNS Capital Partners, a closely held private equity firm with investments in energy services, clean technology and education (www.rnscapitalpartners.com).

# # #

Contact:
Katie Christopher Franklin
(202) 974-5084
Katie@FinnPartners.com

FlexEnergy Gas Turbines to Provide Clean Onsite Power at Natural Gas Processing Facility

Irvine, Calif., January 30, 2012 –

Today FlexEnergy Inc (www.flexenergy.com), a technology company that designs and manufactures innovative systems capable of producing continuous clean energy from a broad range of sources, announced its selection by an east coast, investor-owned electric and gas utility, to transform the waste gas produced liquefied natural gas facility into an energy-efficient source of electricity, heat and hot water. Four of the company’s Flex Turbine™ MT250s have been shipped as part of the client’s organization-wide environmental initiatives.

The project reduces the liquid natural gas processing plant’s environmental footprint, increase efficiency by using waste gas and generate savings that will positively affect the company’s bottom line.

The FlexEnergy system will generate one megawatt per hour of continuous clean baseload power while also producing heat for LNG facility operations.  Surplus power that is not used onsite will be passed on to the electricity grid.

“We are committed to helping our customers meet and exceed their energy-efficiency goals,” said Joseph Perry, CEO of FlexEnergy Inc. “The Flex Turbines will allow NSTAR to comply with regulations, reduce its carbon footprint and generate clean baseload energy to power its processing plant without drawing from the grid.”

The Flex Turbine™ MT250s will be manufactured in FlexEnergy’s nearby Portsmouth, N.H. facilities.  The systems are expected to begin generating onsite energy in early 2012.

About FlexEnergy Inc:

FlexEnergy Inc (www.flexenergy.com) is the developer of the world’s cleanest energy platforms, transforming a range of gases into a clean energy source. FlexEnergy Inc manufactures a product line of gas turbines with the lowest emissions and widest fuel flexibility. The energy-efficient Flex Turbine™ MT250 is the leader in its class with hundreds of thousands of field operating hours burning low to high Btu gases.  The Flex Powerstation™ FP250 with the patented thermal oxidizer is the only turbine that offers both pollution control and energy generation from low quality methane. FlexEnergy Inc is headquartered in Irvine, Calif. with manufacturing and service facilities in Portsmouth, N.H. and Mocksville, N.C.

For more information, visit www.flexenergy.com.

FlexEnergy Inc Investors include SAIL Capital Partners, a cleantech investment firm with unique global insight into technologies, markets and opportunities (www.sailcapital.com), and RNS Capital Partners, a closely held private equity firm with investments in energy services, clean technology and education (www.rnscapitalpartners.com).

Contact:
Katie Christopher Franklin
(202) 974-5084
Katie@FinnPartners.com

Jessica Ross
(202) 974-5027
Jessica@finnpartners.com

IRVINE, Calif., Jan. 17, 2012 /PRNewswire/ – FlexEnergy Inc (www.flexenergy.com), a company that transforms a range of gases into a clean energy source, has joined forces with global energy group BP (www.bp.com) to help it further reduce its carbon footprint at its Wamsutter, WY, water disposal facility.  Through a contract with Power Service Inc, three of FlexEnergy Inc’s Flex Turbine(TM) MT250s have been shipped to the BP facility. The 750kW system will effectively utilize pipeline natural gas to produce continuous power in a grid isolated environment, all while exceeding the highest air quality standards and powering on-site loads.

“BP has a need for reliable power generation from systems that meet the strictest air quality standards, require low maintenance, and are designed for remote, industrial sites,” said Jeremy Olson, General Manager, Power Service Inc. “With FlexEnergy’s gas turbine technology, we are meeting BP’s growing needs for power in an energy-conscious way and look forward to reducing both emissions and operating costs with the Flex Turbine™ MT250.”

The FlexEnergy systems will power 100% of BP’s onsite loads in the absence of a utility infrastructure.  This Flex Turbine™ MT250 system also allows BP to grow operations while maintaining air quality compliance in a highly regulated environment.

“We will continue to deliver our innovative technology to companies looking to gain independence from the power grid and produce clean energy,” added Joseph Perry, CEO of FlexEnergy Inc. “As BP has a growing need for reliable, independent power, the move to a cleaner technology will keep emissions within compliance while allowing the water disposal facility to power its continuous duty loads and stay in operation without the presence of a utility grid.”

For more information on FlexEnergy and its systems, please visit www.flexenergy.com.

About FlexEnergy Inc:

FlexEnergy Inc (www.flexenergy.com) is the developer of the world’s cleanest energy platforms, transforming a range of gases into a clean energy source. FlexEnergy Inc manufactures a product line of gas turbines with the lowest emissions and widest fuel flexibility. The energy-efficient Flex Turbine(TM) MT250 is the leader in its class with hundreds of thousands of field operating hours burning low to high Btu gases.  The Flex Powerstation(TM) FP250 with the patented thermal oxidizer is the only turbine which offers both pollution control and energy generation from low quality methane. FlexEnergy Inc is headquartered inIrvine, Calif. with manufacturing and service facilities in Portsmouth, N.H. and Mocksville, N.C.

For more information, visit www.flexenergy.com.

FlexEnergy Inc Investors include SAIL Capital Partners, a cleantech investment firm with unique global insight into technologies, markets and opportunities (www.sailcapital.com), and RNS Capital Partners, a closely held private equity firm with investments in energy services, clean technology and education (www.rnscapitalpartners.com).

http://www.prnewswire.com/news-releases/flexenergy-secures-contract-to-install-gas-turbine-technology-at-bps-wyoming-water-disposal-facility-137485723.html

The FlexEnergy-run project will turn gas from the Santiago Canyon landfill into clean energy to power homes.

BY ELAINE MURPHY
Published: January 11, 2012

http://www.ocmetro.com/t-Flex-Energy-methane-fuel-project-Santiago-Canyon-landfill-1-11-12.aspx

The Orange County Board of Supervisors unanimously approved an agreement to turn the decommissioned Santiago Canyon landfill in Orange into a source of renewable energy that will provide methane-based power to local homes. The agreement allows Irvine-based Flex OC Renewables, a subsidiary of FlexEnergy Inc., to move forward with its plans to build a power station fueled by methane produced by decomposing trash in the landfill.

Since the landfill closed in 1988, the garbage has burned off the methane released by its decomposition, releasing the pollutant into the atmosphere. The Santiago Canyon project will progress Orange County’s adaptation to new air quality standards for waste gas emissions, which will take effect in 2013.

The project, which will be completed later this year, will supply an estimated 1.5 to 2 megawatts of power, enough to power 1,500 to 2,000 homes.

The environmentally sophisticated project will use Flex Powerstation FP250 turbines to destroy the methane and produce energy. The turbines will transform the gas from an air pollutant into a source of clean energy, operating at a temperature that will prevent the creation of harmful elements such as nitrous oxide, carbon monoxide and volatile organic compounds (VOCs).

“By installing the Flex Powerstation FP250 power generation system, we will be able to beneficially reuse landfill gas to generate a source of revenue and renewable energy,” said FlexEnergy CEO Joseph Perry. “We expect Santiago Canyon to become a showcase facility that will enable Orange County to continue its leadership in clean technology, create jobs, improve our environment and reduce our dependence on foreign oil.”

FlexEnergy Fills Up With $18M Convertible Debt Round For Growth

By Yuliya Chernova
06 January 2012

FlexEnergy has a long to-do list for this year, as it answers to the growing interest from diverse customers like oil and gas companies, office buildings, and landfills, for its low-emissions micro-turbines. To that end, the company just raised an $18 million convertible debt round, VentureWire has learned.

“The investment is being made to assist us as we expand manufacturing and sales and marketing throughout the country,” said Joseph Perry, chief executive of the Irvine, Calif.-based company.

The company closed a $13 million round in early December from previous investors SAIL Capital and RNS Capital, and a $5 million follow-on more recently from SAIL’s sister fund Louisiana Sustainability Fund, Perry said.

In 2011, the company pulled in just shy of $9 million in revenue, Perry said, in its first year of commercial sales. Already it has an $8 million new order from an Orange County landfill that wants eight FlexEnergy systems that take methane emitted by the landfill, and convert it into electricity in a cheap, efficient, and state-subsidized way.

Still, the company is a couple of years away from profitability, said Perry.

The company’s growing demand comes from different sources. Office buildings, said Perry, can take advantage of the low natural gas prices to use natural gas for electricity generation with FlexEnergy’s micro-turbines, and reduce their electric utility bills.

Oil and gas companies, meanwhile, can use the transportable FlexEnergy systems on oil platforms and substitute the expensive diesel power there, or at hydraulic fracturing sites, that are often far from energy sources. FlexEnergy is shipping three of its systems to BP PLC now, said Perry.

FlexEnergy’s technology relies on a slow-combustion process inside metal cylinders. “That large steel vessel can be manufactured in Louisiana,” said Perry. The company is negotiating with state manufacturers who would supply the components for FlexEnergy’s systems. That would satisfy the mission of recently launched Louisiana Sustainability Fund that invests in later-stage companies that have both sustainable technologies and business in the state.

SAIL Sustainable Partners LLC is the general partner of the Louisiana fund and an affiliate of SAIL Capital Partners.

FlexEnergy is working on raising a Series C round of funding later this year from strategic investors, according to Walter Schindler, a FlexEnergy director and managing partner at SAIL Capital. That fund raising is being managed by investment bankers at Citigroup Inc., said Schindler.

http://blogs.wsj.com/venturecapital/2012/01/09/the-daily-start-up-lightbank-backs-contently-to-help-freelancers/

https://www.fis.dowjones.com/WebBlogs.aspx?aid=DJFVW00020120106e816awj2i&ProductIDFromApplication=&r=wsjblog&s=djfvw

http://www.flexenergy.com

IRVINE, Calif., Dec. 14, 2011 /PRNewswire-USNewswire/ — Today, FlexEnergy Inc (www.flexenergy.com), an energy technology company based in Irvine, California, announced the first commercial order of its Flex Turbine™ MT250 EX to Gammel Engineering GmbH, a German leader in heating plants, combined heat and power plants, district heating, industrial plants and building services. Gammel’s order comes as FlexEnergy announces the third generation of its industry-leading turbines, including the Flex Turbine™ MT250 EX and Flex Turbine™ MT250 G3, this week during the Power-Gen International 2011 conference in Las Vegas, NV.

The Flex Turbine™ MT250 EX removes the original combustor and fuel system from the standard gas turbine configuration, giving customers the flexibility to integrate the MT250 with their individual external heat applications. The MT250 EX is the only turbine in its class to offer such options. This external heat turbine is an ideal solution for biomass and concentrated solar power installations.

“FlexEnergy is honored to offer Gammel Engineering an innovative turbine solution to use biomass combustion heat for power generation,” said Joe Perry, CEO of FlexEnergy Inc. “This project shows the versatility of the MT250 design and its adaptability to be integrated in larger systems and utilize heat that is a by-product of various processes.”

“This project with FlexEnergy is a great way to reduce our plant’s environmental footprint, increase efficiency, and generate savings that will positively affect our bottom line,” said Klaus Rohrmoser, Vice President of Gammel Engineering.

Gammel’s turbine system will be installed before the end of 2011. The Flex Turbine™ MT250 G3 and Flex Turbine™ MT250 EX are available for purchase immediately. For more information on FlexEnergy and its product lines, please visitwww.flexenergy.com.

About FlexEnergy Inc:
FlexEnergy Inc (www.flexenergy.com) is the developer of the world’s cleanest energy platforms, transforming one of the world’s largest sources of greenhouse gases (low quality methane) from a source of pollution into a clean energy source. FlexEnergy Inc manufactures a product line of turbines with the lowest emissions and widest fuel flexibility. The company is headquartered in Irvine, Calif. with manufacturing and service facilities in Portsmouth, N.H. and Mocksville, N.C.

Flex Turbine^TM MT250 G3 and Flex Turbine^TM MT250 EX Offer Enhancements to Energy-Efficient Turbines with Over 850,000 Field Operating Hours Using Methane or Natural Gas

IRVINE, CA, December 13, 2011 – Today, FlexEnergy Inc (www.flexenergy.com), an energy technology company based in Irvine, California, unveiled the third generation of its turbine systems, including the Flex Turbine™ MT250 G3 and Flex Turbine™ MT250 EX at the Power-Gen International 2011 conference in Las Vegas, NV.

“FlexEnergy continues to offer the most innovative turbine systems in the industry, providing reliable, efficient, and cost-effective solutions,” said Joe Perry, CEO of FlexEnergy Inc. “Our third-generation turbines leverage years of operating and development experience providing a best-in-class customer experience.”

The Flex Turbine™ MT250 G3 is the latest version of Flex’s 250 kW turbine technology, providing a complete, pre-engineered package for customers.  At the core of this system is a simple, powerful design, adapted and refined over a decade of development. With over 850,000 field operating hours running on methane or natural gas, the MT250 has proven to be the most reliable turbine in its class.

The new Flex Turbine^TMMT250 EX provides customers with the flexibility to integrate the MT250 core turbine technology with their specific external heat applications. The MT250 EX is the only turbine in its class to offer this capability. This external heat turbine is an ideal solution for biomass and concentrated solar power installations.

The Flex Turbine^TMMT250 G3 and Flex Turbine^TMMT250 EX are available immediately.  For more information on FlexEnergy and its product lines, please visit www.flexenergy.com.

About FlexEnergy Inc:

FlexEnergy Inc (www.flexenergy.com) is the developer of the world’s cleanest energy platforms, manufacturing a product line of turbines with the lowest emissions and widest fuel flexibility. The energy-efficient Flex Turbine^TM MT250 is the leader in its class with hundreds of thousands of field operating hours burning methane or natural gas.  The Flex Powerstation^TM FP250 with the patented thermal oxidizer is the only turbine which offers both pollution control and energy generation. FlexEnergy Inc is headquartered in Irvine, Calif. with manufacturing and service facilities in Portsmouth, N.H. and Mocksville, N.C.

For more information, visit www.flexenergy.com.

FlexEnergy Inc Investors include SAIL Capital Partners, a cleantech investment firm with unique global insight into technologies, markets and opportunities (www.sailcapital.com), and RNS Capital Partners, a closely held private equity firm with investments in energy services, clean technology and education (www.rnscapitalpartners.com).

Contact:

Christine Bock or Katie Christopher
(202) 974-5084 christopherk@ruderfinn.com or bockc@ruderfinn.com

# # #

PowerGen.com

Representative Frank Guinta (R-NH) Tours FlexEnergy Inc’s New Hampshire Turbine Manufacturing Facility

Rep. Guinta and Former EPA Administrator Dr. Stephen Johnson Visit FlexEnergy’s Facility as Part of Granite State Jobs Initiative

PORTSMOUTH, N.H., Nov. 29, 2011 /PRNewswire-USNewswire/ — Today, FlexEnergy Inc (www.flexenergy.com) an energy technology company which designs and manufactures innovative systems capable of producing continuous energy with near-zero emissions from a broad range of sources, welcomed U.S. Representative Frank Guinta (R-NH) to its turbine manufacturing plant in Portsmouth, New Hampshire. FlexEnergy’s facilities at Pease International Tradeport serve as a growing local job source for New Hampshire residents, and continue to expand in order to support increasing customer demand for FlexEnergy products. Rep. Guinta was joined by former U.S. Environmental Protection Agency Administrator Dr. Stephen Johnson, who is a FlexEnergy board member and investor, and Joe Perry, FlexEnergy CEO, to tour the plant and discuss his ongoing “Getting Granite Staters Back to Work” jobs initiative. FlexEnergy is a leading developer of turbines that offer both energy generation and pollution control by converting natural gas and methane into clean electricity.

“I am pleased to be here today at FlexEnergy’s facility, witnessing firsthand the significant steps the company is taking not only in helping our nation get closer to energy independence, but in creating and sustaining real American jobs that will help improve our local economy and keep it strong,” said Rep. Guinta.

“FlexEnergy was honored to have Representative Guinta visit our manufacturing plant today,” said Joe Perry, FlexEnergy CEO. “Our company has seen tremendous growth in the past 12 months and as this pattern continues, we will consistently tap into the existing base of New Hampshire skilled labor.”

FlexEnergy manufactures turbines with the lowest emissions and widest fuel flexibility. The energy-efficient Flex TurbineTM MT250 is the leader in its class with hundreds of thousands of field operating hours burning methane or natural gas.  The company’s Flex Powerstation™ FP250 is the only system that offers both pollution control and energy generation. The company recently launched its first commercial deployment of the Flex Powerstation™ FP250 system in November 2011 at the Department of Defense’s (DoD) Fort Benning, GA Army post. The system at Fort Benning converts previously wasted methane into 250 kW of near-zero emissions renewable electricity.

For more information on FlexEnergy, please visit www.flexenergy.com.

About FlexEnergy Inc:

FlexEnergy Inc (www.flexenergy.com) is the developer of the world’s cleanest energy platforms, transforming one of the world’s largest sources of greenhouse gases (low quality methane) from a source of pollution into a clean energy source. FlexEnergy Inc manufactures a product line of turbines with the lowest emissions and widest fuel flexibility. The energy-efficient Flex TurbineTM MT250 is the leader in its class with hundreds of thousands of field operating hours burning methane or natural gas.  The Flex PowerstationTM FP250 with the patented thermal oxidizer is the only turbine which offers both pollution control and energy generation. FlexEnergy Inc is headquartered in Irvine, Calif. with manufacturing and service facilities in Portsmouth, N.H.and Mocksville, N.C.

For more information, visit www.flexenergy.com.

FlexEnergy Inc Investors include SAIL Capital Partners, a cleantech investment firm with unique global insight into technologies, markets and opportunities (www.sailcapital.com), and RNS Capital Partners, a closely held private equity firm with investments in energy services, clean technology and education (www.rnscapitalpartners.com).