EVERCLEAR LAUNCHES COMMERCIAL-GRADE ELECTROLYZER
04.22.08

Alameda, California, USA -- Applied Intellectual Capital ("AIC") (AIM: AINC) is pleased to announce the successful launch of a commercial-grade electrolyzer manufacturing program in support of its affiliate, EverClear Solutions, Inc.

Specifically developed to meet the rigors of continuous operation in metals recovery operations for the mining industry, this second generation ("2-G") electrolyzer will support both acid rock drainage and alkaline tailings applications.

In tests conducted recently in AIC's 30,000 square foot research, development and rapid prototyping facility in Alameda, California, the electrolyzer met the performance specifications necessary to recover select target metals from metal-laden solutions in a highly cost-effective manner. This 2-G electrolyzer is now operating successfully on-site in Montana as part of a planned series of demonstrations in North America and Africa.  A second 2-G unit is being constructed to support this and a volume manufacturing program will commence later this year.

EverClear Solutions, Inc. ("EverClear") (www.everclear-inc.com) provides technology-enabled solutions to the mining industry. EverClear applies its unique, patent-protected capabilities, developed in partnership with AIC, to recover high value metals from mining operations where assets have been stranded due to the technological inefficiencies of historic mining practices – thereby dramatically improving project yield and life cycles, while creating significant profits for its customers.

EverClear is able to specialize in such secondary and tertiary recovery efforts by leveraging AIC's expertise in leach chemistry and patent-protected, high-performance, electrochemical processes and technologies to cost-effectively generate high-grade, market-ready metals.

Dr. Stephen Clarke, AIC's Chief Executive, commented:

"Reliable, field hardened equipment is the key to taking a new technology into the mining industry.  The successful on-site operation of the first 2-G unit is the culmination of an intensive product engineering exercise."

Darron Brackenbury, EverClear's Executive Chairman, commented:

"We have now started the countdown to the point where the mining industry will be able to use the process to extract valuable metals from waste, thus dramatically increasing both their profits and ours."

ENQUIRIES:

Applied Intellectual Capital: Dr. Stephen Clarke Tel. +1 925 639 9399

Pelham Public Relations : Archie Berens Tel. +44 (0)7802 442486

Nabarro Wells: Marc Cramsie Tel. +44 (0)207 710 7400

NOTES FOR EDITORS

About AIC

AIC is an AIM listed company that funds, develops, patents and commercialises electrochemical and advanced separations technologies in clean energy,
electricity storage, water treatment, metals recovery and other emerging markets. AIC listed on AIM in January 2007 and currently has a market
capitalisation of approximately £107 million.