Twelve Israeli companies selected to meet with California's Cleantech Giants Nov 10-13

SAN FRANCISCO, Oct. 29 /PRNewswire-USNewswire/ -- The California Israel Chamber of Commerce (CICC) announced today that 12 Israeli Clean Technology companies have been chosen to participate in a delegation to meet with industry leaders, investment firms and utility giants November 10-13, 2008 in California.

CEOs of the selected Israeli companies will engage with an entire ecosystem of cleantech leaders in California in an attempt to find collaboration, partnerships and investments. The CICC, a non-profit, industry supported organization, launched its cleantech initiative to accelerate collaboration, co-investment and partnership between the two states. This effort builds on its proven model of success in creating unique partnership opportunities in the technology sector.

The key leaders behind the CICC Cleantech Initiative include: PG&E, GE Energy, Sunpower, Energy Recovery Inc., Google, Perkins Coie, Chevron Energy Solutions and BrightSource as well as policymakers such as the California Public Utilities Commission and the U.S. Department of Energy. Also joining are investment firms such as Silicon Valley Bank, Applied Ventures Greylock Partners, Nth Power, Intel Capital, Israel Cleantech Ventures, US Venture Partners, Vantage Point Venture Partners, and Jefferies. Participating research institutions include SRI International, Ben-Gurion University of the Negev, Tel-Aviv University and Stanford Energy Crossroads.

"We're looking for the best new ideas to help us continue to generate clean energy for our customers," notes Hal LaFlash, PG&E's Director of Emerging Clean Technology Policy. "We recognize that innovations come from around the world, and Israel has proven time and time again, that it's a great resource for innovation."

The visiting Israeli companies represent a broad range of sectors, such as renewables, energy efficiency, pollution control and water. They include:

• 3G Solar www.3gsolar.com
• BotanoCap www.botanocap.com
• Canarious
• Cequesta Water www.cequesta.com
• Corolis Wind www.coriolis-wind.com
• CES - Computerized Electricity Systems www.c-e-systems.com
• Metrolight www.metrolight.com
• Emefcy - Bio Energy Systems www.emefcy.com
• HCL Clean Tech www.hclcleantech.com
• SOVNA
• Tigo Energy www.tigoenergy.com
• CellEra www.cellera.biz

The Israel Cleantech Tour will include meetings, facility tours and roundtables at PG&E, the California Public Utilities Commission, Sunpower, Google, San Jose Water, and other local investment firms, universities and companies.

An open showcase for industry press and investors will take place November 11th at Stanford University's Bechtel Conference Center.

In addition to company presentations The Israel Cleantech Showcase will include a keynote speech by Andy Karsner, (Assistant Secretary of the Department of Energy, 2006-2008), and presenters from GE Energy Financial Services, SRI International, Applied Ventures, Intel Capital, Kinrot, Energy Recovery Inc., Better Place, CMEA Ventures, Israel Cleantech Ventures, Virgin Green, and Chevron Energy Solutions.

Tickets to the Showcase can be purchased online for $125 at www.cicc-cleantech.com or at the door for $175.

About the California Israel Chamber of Commerce:

The California Israel Chamber of Commerce (CICC) is a not-for-profit organization dedicated to strengthening business, investment, technology and trade relations between California and Israel. Over the years CICC has accelerated hundreds of tech companies from Israel through its successful programs and helped US Investors and technology giants identify unique ventures and collaborative partners in Israel.

www.ca-israelchamber.org

SOURCE California Israel Chamber of Commerce