Zolo Technologies, Inc.

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Executive Vice President of Exelon Energy accepts position as Chairman of the Board of Directors at Zolo Technologies.


BOULDER, Colorado – 5 April, 2007 – John L. (Jack) Skolds Executive Vice President, Exelon and President Exelon Energy Delivery, demonstrates his confidence in Zolo Technologies by accepting the role of chairman of the board. Mr. Skolds said: "I am honored to be appointed Chairman of the Board of Zolo Technologies. Through Zolo's leading edge research and vision, I believe the company is well positioned to take advantage of expanding opportunities worldwide." Mr. Skolds replaces Ian Jenks who has served as the company's chairman since its founding. Henrik Hofvander, CEO of Zolo Technologies, added: “We are very pleased that Jack accepted the position of chairman of Zolo Technologies. Jack’s strong background and proven experience, together with his insight into the utility industry, are tremendously valuable to Zolo Technologies as we move forward with the wide-spread deployment of the ZoloBOSS combustion optimization sensor. We also wish to thank Ian Jenks for his time as chairman. Ian was the chairman of Zolo Technologies since its inception and his leadership has been a key part of the company's growth.”

About Zolo Technologies, Inc.:

Zolo Technologies, Inc. is the leading supplier of high technology sensor and monitoring equipment designed to improve the efficiency and reduce harmful emissions (including greenhouse gasses) from large combustion sources such as coal-fired power plants and gas turbines. Existing customers include: TVA, PRPA, PacifiCorp, Texas NRG, Xcel Energy, Constellation, CPS Energy, and the Department of Defense.

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