Seattle, WA — Ocean wave energy conversion, frictionless transportation using magnets, energy saving power management software and a new hydro-electric power conservation technology being launched into the global market this year have been selected as 2006 New Energy Technology Showcase Finalists by the Northwest Energy Technology Collaborative.

Northwest Energy Technology Showcase (NETS) Winners for 2006 are
SyncWave Energy (British Columbia), Magna Force (Washington),
Verdiem Corporation (Washington), and DDS Technologies (Washington).

"The Pacific Northwest is a world leader in innovative research and product development for new energy technologies," says Jeff Morris, Director, Northwest Energy Technology Collaborative (NWETC). "In order to advance this technology, and to further the adoption of new and emerging energy products, we must increase our efforts in promoting the region's cutting-edge energy technology to the global market."

Past Winners Show Results
The Northwest Energy Technology Collaborative (NWETC) annually selects from the region up to 12 companies representing the best and brightest new energy technology products for the new year. These companies must be based in the five northwest states of the United States: Washington, Oregon, Alaska, Idaho and Montana, or the two western provinces of Canada: British Columbia and Alberta.

Previous NETS winners have gone on to great success. 2004 winner ReliOn,Inc and 2005 winner Prometheus Energy Company single handily took Pacific Northwest venture capital investing in energy to an eleven year high in the region this past year. Being selected as a NETS winner is becoming a barometer of future company success.

The NETS companies are decided by four criteria:

•  Project / Technology Description and Implementation Plan
•  Relevance and Justification for Project/Technology
•  History of Company/Executives
•  Concept of Project / Technology in the Market Place

NETS (created by NWETC in 2004) has proved to be a very successful initiative. Other NETS success stories include these cutting edge technology companies: 3Tier Technology Group, Aquaenergy Group, and Carmanah Technologies (BC).

To learn more about this year's NETS Winners, please visit their respective websites at
SyncWave Energy:   www.syncwaveenergy.com
Magna Force:   www.magna-force.com
Verdiem Corporation:   www.verdiem.com
DDS Technologies:   www.dialdiscoveries.com

About Northwest Energy Technology Collaborative
The Northwest Energy Technology Collaborative is a joint effort of business, government, non-profit and educational institutions determined to accelerate the emergence and growth of the energy technology industry in the Pacific Northwest region of North America.

The Collaborative will bring the region's cutting edge energy development to the world by addressing opportunities, expanding the economic base, and furthering the development of new and emerging technologies and their global deployment. We promote synergies between businesses, educational institutions, nonprofits and the government.

The Collaborative is the flagship project of the Washington Technology Center's Industry Initiative Program and was joined by Avista Corporation, Bonneville Power Administration, Inland Northwest Technology Education Center, Pacific Northwest National Laboratory, Puget Sound Energy, Spokane Intercollegiate Research and Technology Institute and the Washington Department of Community, Trade and Economic Development.

Website: http://www.nwetc.com

Northwest Energy Technology Collaborative
Jeff Morris, Director
email: morrisje@watechcenter.org
phone: 360-941-5678

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