Alter NRG Corp. announces new product which increases energy efficiency

TSX - NRG
OTCQX - ANRGF

CALGARY, Jan. 16, 2014 /CNW/ - Alter NRG Corp. ("Alter NRG" or the "Company") announces a new product, the Marc 4.5 Westinghouse Plasma torch which provides up to 40% greater overall torch efficiency when utilized in the large scale 1,000 tonne per day Westinghouse G65 Plasma Gasifier.  The newly designed torches have successfully undergone extended life performance testing and the first set of Marc 4.5 torches have been delivered in support of a large scale facility in Northeast England.  In addition to supporting Westinghouse Plasma waste-to-energy facilities, the Company believes that newly designed torch satisfies a market demand for an efficient and clean heat source for metallurgical recycling, blast-furnaces, foundry cupola's, iron making and other industries using coal, coke, or higher cost fuels.

Walter Howard, CEO of Alter NRG believes that "this illustrates our continued commitment to product development and improving the economics of the Westinghouse Plasma Gasification Technology.  The more efficient torch and tuyere design results in higher efficiency, lower operating costs and more saleable electricity.  This is part of a broader program of continual product development to continue our market leadership position and expand market potential."

The Marc 4.5 has an operating range of 300 to 500 kilowatts per torch and is a scale-up of the Marc 3 torch design which has an output of 80 to 300 kilowatts per torch.  The overall design, narrow shape, and function is similar to the Marc 3 series which has been in commercial operation for decades, with the exception of a higher power output to meet the needs for larger facilities.

The operational benefits can be summarized as follows:

• High efficiency torch, leading to a reduction in electrical energy and water usage
• Light weight with a narrow profile
• Quick torch installation and removal
• Simplified and easier electrode replacement
• Simplified cable design
• Durable, robust and reliable

Alter NRG believes that this higher output torch will be the cornerstone for improved efficiency of the larger scale facilities being constructed and planned around the world using the Westinghouse Plasma G65 Gasifier.

ABOUT ALTER NRG

Alter NRG provides alternative energy solutions to meet the growing demand for environmentally responsible and economically viable energy in world markets. Alter NRG's primary objective is to further commercialize the Westinghouse Plasma Gasification Technology, through its wholly owned subsidiary, to provide renewable and clean energy solutions from a wide variety of feedstocks, and provide a wide variety of energy outputs - including liquid fuels like ethanol and diesel, electrical power, and syngas.

The Toronto Stock Exchange does not accept responsibility for the adequacy or accuracy of this release.

Advisory Respecting Forward-Looking Statements:
This news release contains certain "forward-looking information and statements" within the meaning of applicable securities laws.  The use of any of the words "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plans", "intends", "confident", "might" and similar expressions are intended to identify forward-looking information or statements.  In particular, this new release contains forward looking statements pertaining to the torch efficiency and other operational benefits.  Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this news release.

The forward-looking information and statements included in this news release are not guarantees of future performance and should not be unduly relied upon. Forward-looking statements reflect management's current beliefs and assumptions, based on information currently available to management. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements, many of which are beyond the control of the Company. Among the material factors that could cause actual results to differ materially from those indicated by such forward-looking statements are: that the information is of a preliminary nature and may be subject to further adjustment; torches not performing as expected, competition in the marketplace, less than anticipated market demand as well as those factors discussed in or referred to under the heading "Risk Factors" in the Company's Annual Information Form dated March 27, 2013 available at www.sedar.com. Such information and statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information or statements.

The Company cautions that the foregoing list of assumptions, risks and uncertainties is not exhaustive. The forward-looking information and statements contained in this news release speak only as of the date of this news release, and the Company assumes no obligation to publicly update or revise them to reflect new events or circumstances, except as may be required pursuant to applicable securities laws.

SOURCE: Alter NRG Corp.

Walter Howard, Chief Executive Officer

[phone]  [email protected]

Daniel Hay, Chief Financial Officer

[phone]  [email protected]