PRESS RELEASE

New Energy and Environment Private Equity Firm Launched


Contact: Alexa Willson or
                Peter Fusaro 212-758-5655


New York (For immediate release) - Energy and Environment Capital Partners LLC has been formed to invest in innovative energy and environmental technologies in renewable energy, energy efficiency, green markets and information technology and environmental remediation. The private equity firm is focused on investing in ongoing enterprises with cutting edge technologies that can have accelerated growth. Based in New York, the environmental finance center, the firm is seeking later stage and existing businesses with revenues greater than $15 million including businesses with new technologies and expects to close its first transaction by year end.

The firm's partners include Alexa Willson, Stephen Traicoff, and Peter Fusaro. Alexa is an experienced investment banker with 20 years experience in deal making closing over $5 billion in transactions. Steve is a veteran chemical engineer with structured finance experience at both Enron and Lyondell Petrochemical. Peter is an energy business strategist for multinational energy companies on five continents.

EECP is headquartered at 400 Madison Avenue, 12th Floor, New York, NY 10017. The company has a Houston presence where Mr. Traicoff is located and an affiliation with the Houston Technology Center. ""We believe that investment in these companies can be made at very attractive valuations in today's market, said Managing Partner, Steve Traicoff. "We will bring investment and resources to help our companies grow." .

"We have already evaluated over 40 companies and are interested in evaluating new environmentally benign technologies that are positioned to grow to $100+ million companies," said Managing Partner, Peter Fusaro. Companies can contact EECP through its new website www.eecapitalpartners.com or by calling 212-758-5655

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