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"The law of conservation of energy has been very reliable for 300 years. However, it's missing one variable from the equation, and that's time," said Steorn CEO Sean McCarthy in 2007, explaining that magnetic fields were also involved in Steorn's free energy device, Orbo.

After a failed demonstration of Orbo's free energy-producing powers at the Kinetica museum in London in the summer of 2007, Steorn still insisted the science was correct and invited a team of scientists to evaluate its claims.

The international panel of 22 experts, headed by Ian McDonald, professor of electrical engineering at University of Alberta, Canada, has delivered a verdict -the claims do no hold up.

"The unanimous verdict of the Jury is that Steorn's attempts to demonstrate the claim have not shown the production of energy. The jury is therefore ceasing work," said McDonald in a posting on the jury's Ning network.

McCarthy, on the Steorn website, said that "he was grateful to the jury members for the time and effort they had devoted to the process", but that problems with Orbo had been ironed out during the course of the year and the company "is now focused on commercial launch towards the end of this year, at which time academic and engineering validation would be released concurrent with public demonstrations."

^{Pictured: Steorn CEO SeanMcCarthy with the non-functioning Orbo}

By Marie Boran

By Marie Boran