Oceanlinx to Provide Electricity from Waves for Maui

For more information contact: For Immediate Release For Oceanlinx: Vanessa Neill, February 4, 2008 Ryan O’Keeffe or Andrew Holt London: +44 (0)20 7251 3801 For Hawaiian Electric: Peter Rosegg 808-371-7474, peter. rosegg@heco. com Oceanlinx to Provide... More

For more information contact: For Immediate Release For Oceanlinx: Vanessa Neill, February 4, 2008 Ryan O’Keeffe or Andrew Holt London: +44 (0)20 7251 3801 For Hawaiian Electric: Peter Rosegg 808-371-7474, peter. rosegg@heco. com Oceanlinx to Provide Electricity from Waves for Maui HONOLULU – At a press conference with Hawaii Governor Linda Lingle today, Oceanlinx Limited, an Australia-based high-tech company, formally announced plans to provide electricity to Maui Electric Company from Hawaii’s first wave energy project. “A week ago we announced the Hawai‘i Clean Energy Initiative, an unprecedented partnership between the State of Hawai‘i and U. S. Department of Energy to transform our state into one of the world’s first economies based primarily on clean energy resources,” said Governor Lingle. “This innovative and environmentally based wave energy project is an ideal example of using Hawai‘i’s abundant natural sources of energy to reduce our dependence on imported fossil fuel and Less