Nesscap Energy Inc. Reports Record Third Quarter Results

Nesscap Energy Inc. ("Nesscap") (TSX VENTURE:NCE), a global leader in research,
development and manufacturing of ultracapacitor products, reported its financial
results for the three and nine-month periods ended September 30, 2013. 


Revenue for the three-month period increased 147% to $5.1 million (USD),
compared to $2.0 million in the same period in 2012. Revenue for the nine-month
period increased 58% to $12.3 million compared to $7.8 million for the same
period one year ago. The increase is primarily due to stronger sales in Europe
relative to the same period last year.


Net loss for the quarter was $2.0 million or $0.009 per share compared to a net
loss of $1.9 million or $0.009 per share for the same period in 2012. The net
loss was driven mainly by foreign exchange loss resulting from translation of
local currencies into the company's functional currency. 


At September 30, 2013, the Company had cash and cash equivalents equal to $3.3
million and working capital of $16.2 million.


"We are extremely pleased with our continued forward progress this year,
including record quarterly revenue in the third quarter," said Jim Zuidema,
Acting Chief Executive Officer of Nesscap Energy Inc. "During the quarter, we
continued critical market and product development initiatives to position
Nesscap for ongoing success in this exciting market for energy storage
solutions."


Nesscap continues to focus on developing its largest regional markets in Europe
and China while strengthening its overall position as a technology leader in the
ultracapacitor industry. The strategic focus for the Company includes
transportation, consumer electronics, voltage stabilization, and renewable
energy. Nesscap plans to increase investments in new technology, direct and
indirect sales channels, market development, and production capacity. 


The financial statements for the third quarter of fiscal 2013 and related MD&A
can be found on SEDAR at www.sedar.com.


About Nesscap

Since its inception in 1999, Nesscap Energy Inc. has become an award winning
global leader in technology innovation and product development of
ultracapacitors. Attributes of the ultracapacitor allow for the technology to be
used in applications where power, life cycle requirements, or environmental
conditions limit the suitability of batteries or capacitors. Nesscap products
are available in both cells and modules and are used to enhance the performance
of modern applications ranging from portable electronic devices to high
performance windmills and high-tech 'green' cars. Nesscap features the widest
array of standard commercial products in the market from 3 farads to 6,200
farads with industry recognized alternative organic electrolytes. Customers of
the Company include transportation, power, and consumer markets. Technical and
sales information can be found at www.nesscap.com. 


Neither the TSX-V nor its Regulation Services Provider (as that term is defined
in the policies of the TSX-V) has in any way approved or disapproved of the
contents of this press release. 


Forward-Looking Statements

Included in this news release are matters that constitute "forward-looking"
information within the meaning of Canadian securities law. Such forward-looking
statements may be identified by words such as "plans", "proposes", "estimates",
"intends", "expects", "believes", "may" or words of a similar nature. There can
be no assurance that such statements will prove to be accurate. Actual results
and future events could differ materially from such statements. Factors that
could cause actual results to differ materially include among others, regulatory
risks, risk inherent in foreign operations, commodity prices and competition.
Most of these factors are outside the control of the Company. All subsequent
forward-looking statements attributable to the Company or its agents are
expressly qualified in their entirety by these cautionary comments. Except as
otherwise required by applicable securities statutes or regulation, the Company
expressly disclaims any intent or obligation to update publicly forward-looking
information, whether as a result of new information, future events or otherwise.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Nesscap Energy Inc.
Debbie Bamforth
Corporate Communications
905-599-3322
dbamforth@nesscap.com
www.nesscap.com


Nesscap Energy Inc.
Jim Zuidema
Chief Executive Officer (Acting)
Chief Financial Officer
845-652-0833
jzuidema@nesscap.com
Nesscap Energy Inc. (TSXV:NCE)
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