|
Berlin, Germany - 4th November 2008. Heliocentris Fuel Cells AG, the fuel cell system integrator, announced today that the City of Barth in Mecklenburg-West Pomerania has awarded Heliocentris a contract to deliver an electrolyser for the supply of hydrogen to the City's hybrid midi-bus and to optimize the City's wastewater treatment facility. This new contract follows Heliocentris' successful integration of a 32 kW fuel cell system for use in the Barth midi-bus, earlier this year.
"This contract proves we can deliver fully functioning fuel cell systems together with the necessary hydrogen infrastructure for a transport system," said Dr. Henrik Colell, CEO of Heliocentris. "This contract will add significantly to our revenues in 2009."
The hydrogen electrolyser provided by Hydrogenics, which can deliver 10m3/hour of hydrogen, will be used to generate the necessary hydrogen to operate the fuel-cell bus. A major advantage of the electrolyser is the co-generation of oxygen (5m3/hour), which will be used to increase the capacity of the local wastewater treatment facility.
"Following the fast and successful integration of the fuel cell system for the midi-bus, we are very happy to have Heliocentris deliver the hydrogen infrastructure, also. We are confident Heliocentris will once again reliably deliver on schedule," said Mr. Hellwig, Project Manager of the City of Barth. "We are also expecting from the cooperation with Heliocentris a goal-orientated project delivery as we have already achieved with the hybrid bus."
Please contact us for further information:
Heliocentris Fuel Cells AG
Dr. András Gosztonyi (CFO)
Tel.: +49-(0)30-6392-6185
About Heliocentris Fuel Cells AG:
Heliocentris is a leading provider and system integrator of fuel cells. Educational institutions, universities, research facilities and companies in over 50 countries are among its more than 10,000 clients. These customers already use over 50 items from among Heliocentris' eight product lines today. Worldwide, Heliocentris ranks as one of the market leaders in the field of educational and R&D systems for fuel cells. The width of the offering ranges from educational systems for instruction and studies to integrated laboratory equipment for research and development as well as industrial applications tailored to the client. Fuel cells are considered to be a key technology for the supply of energy by means of renewable energy sources. Fuel cells are environmentally friendly electrochemical energy converters that transform chemical energy directly into electricity and heat with a high level of efficiency. As a pioneer in its field, Heliocentris possesses a wealth of long-time experience in the development, production and marketing of this significant technology of the future. The company is headquartered in Berlin, Germany. A subsidiary in Vancouver, Canada, serves the American market.
Disclaimer
This press release contains forward-looking statements that are based on current assumptions and forecasts of the management of Heliocentris Fuel Cells AG. Known and unknown risks, uncertainties and other factors could lead to material differences between the forward-looking statements given here and the actual development, in particular the results, financial situation and performance of our Company. The Company assumes no liability to update these forward-looking statements or to conform them to future events or developments.
The information in this press release does not constitute an offer of securities for sale or a solicitation of an offer to purchase securities in the United States or any other country. |
