Here is the entire press release:

Leonardo Corporation announced today that on March 29, 2016, Leonardo
Corporation received independent third party validation of the
overwhelmingly positive results of a nearly yearlong test of Leonardo's 1MW
Energy Catalyzer ("E-Cat"). According to the inventor, Andrea Rossi, the
E-Cat generates a low energy nuclear reaction ("LENR") which produces
excess heat energy at a cost substantially below more traditional energy
sources. According to the independent third party report, over the 352 day
test period, the E-Cat consistently generated energy at a rate in excess of
six (6) times the amount of energy consumed by the plant, often generating
energy exceeding fifty (50) times the amount of energy consumed during the
same period. According to Andrea Rossi, Leonardo Corporation considers the
results of the third party test to be "an overwhelming success" and that
"the world is one step closer to the realization of a commercially
available new, clean and efficient energy source."

The independent third party validation test was performed by Dr. Ing. Fabio
Penon, a Ph.D. in Nuclear Engineering, at the behest of Leonardo
Corporation and one of its licensees, Industrial Heat, LLC. as both desired
independent third party verification of the sustainability of the energy
production of the E-Cat over a prolonged period. "The results of Dr.
Penon's test was consistent with the measurements taken by the
representatives of Leonardo Corporation and Industrial Heat respectively
during the course of the test" said inventor Andrea Rossi.

"Leonardo Corporation is working diligently with its licensees, corporate
partners and material suppliers to implement a production and distribution
plan consistent with the expected demand for the E-Cat units when they are
made commercially available" stated Rossi.

Notwithstanding, Licensee Industrial Heat continued involvement in the
development and manufacturing of the E-Cat is uncertain at this time. As
stated in a lawsuit filed by The Silver Law Group, P.A. on behalf of
Leonardo Corporation on April 5, 2016, Leonardo Corporation believes
thatIndustrial Heat breached the terms of its license agreement and
misappropriated Leonardo Corporation's intellectual property relating to
the E-Cat. Additional information is available regarding the E-Cat The lawsuit can be viewed at, Case No.
16-CV-21199-JLK, U.S. District Court, Southern District ofFlorida. Leonardo
Corporation does not anticipate that there will be any delay in the
commercial release of the E-Cat technology as a result of the lawsuit.

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