IMEXHS LIMITED — M&A Activity 2010

Feb 23, 2010

SOLVERDI WORLDWIDE, LTD. RECOMMENDS TENDER

--Solverdi Board of Directors Recommends Tender Offer to Stockholders -- Accepts Asset Purchase Agreement

PHOENIX and BAULKHAM HILLS, NEW SOUTH WALES, AUSTRALIA, 24 February 2010 — Solverdi Worldwide Ltd (ASX: SWW), the world’s renewable utility, today announced it has accepted an Asset Purchase Agreement and recommends Tender Offer and Voting Agreement to Stockholders.

New York, New York, 23 February 2010 – Today the Board of Directors of Solverdi Worldwide, Ltd (“Company”) accepted the terms and conditions of the Asset Purchase Agreement along with recommending the Tender Offer for formal consideration by all stockholders.

Chief Executive Officer Dennis M. Danzik stated, “The offer presented is a great value today in what is a difficult market. This will open up opportunity for our shareholders in the near term and in what is currently a growing an dynamic renewable energy industry.”

A detailed information portfolio will be mailed to stockholders of record no later than 15 March 2010, that includes Tender information, including stock and cash redemption details.

The Offer presented by LincolnHill Capital Partners, New York, New York, United States, includes a US$0.27 per share exchange for stock in a U.S. based OTC.BB traded company and an additional AUD$0.02 per share in cash. Company stockholders will receive future information following ASX rules and timelines.

About Solverdi Worldwide Ltd.

Solverdi Worldwide Limited is the world’s first renewable utility. It offers customers a “behind the meter” solution for generating electricity during peak utilization periods at 15 - 25% below peak rates per kilowatt hour. In addition, the Solverdi Process is used to produce steam, compressed air, and recapture non-potable water. The Solverdi Process includes an amplified solar cracking (thermal) system that delivers renewable electricity and incorporates the use of solar and renewable fuels and utilizes a commercial building’s uninterruptable power supply and interior energy infrastructure. The average system is installed on the exterior of the building and fits inside a 100 square foot area. All systems are designed and supervised by professional engineers, and meet LEED standards in the U.S. The company also operates Australia’s largest capacity renewable fuel production facility, near Brisbane, Queensland, and an additional facility in Berkley Vale, New South Wales.

Forward Looking Statements

The Information herein contains forward-looking statements that involve risks, uncertainties, assumptions and other factors, which, if they do not materialize or prove correct, could cause Solverdi results to differ materially from historical results, or those expressed or implied by such forward-looking statements. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements, including statements containing the words "planned," "expects," "believes," "strategy," "opportunity," "anticipates," and similar words. These statements may include, among others, plans, strategies and objectives of management for future operations; any statements regarding proposed new products, services or developments; any statements regarding future economic conditions or performance; statements of belief; and any statements of assumptions underlying any of the foregoing. The potential risks and uncertainties may include, but are not limited to, competition in our target markets; potential capital needs; management of future growth and expansion; risk of third-party claims of infringement; protection of proprietary information, customer acceptance of the company's products and fee structures; the success of Solverdi brand development efforts; risks associated with strategic alliances; reliance on distribution channels; product concentration; need to develop new and enhanced products; potential product defects; our ability to hire and retain qualified employees and key management personnel; and risks associated with changes in domestic and international market conditions and the entry into and development of international markets for the company's products. Solverdi assumes no obligation to update any forward-looking statement to reflect events or circumstances arising after the date on which it was made.

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Contact:

Company:

Daniel Carey or Justin Calim Solverdi Worldwide, Ltd investor@solverdi.com

Investor Relations:

David Waldman Crescendo Communications, LLC New York, New York Telephone: (212) 671-1020 Fax: (347) 923-9520