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Berlin, 25 April, 2007. Heliocentris, a leader in the distribution of fuel cell and hydrogen technology to education, scientific and demonstration markets has closed its capital increase. In total, 300,000 shares were placed at a price of 5.20 EUR among existing and new shareholders. Private investors have received 30.34% of the total volume. The gross cash inflow from the capital increase is 1.56m EUR. The share capital of the company has increased from 1.2m EUR to 1.5m EUR split into 1.5m shares with a nominal value of 1.00 EUR. Business partners as well as strategically relevant renewable energy and clean technology funds are among the new investors. The inclusion of the new shares into the existing listing of the old shares in the Entry Standard as a part of the Open Market in the Frankfurt Stock Exchange is planned under the same symbol for 27 April 2007. The new funds are meant for the further expansion of business activity. The new Systems & Solutions Department which also focuses on industrial applications shall be further strengthened through additional partnerships and product development. The company has published on it's internet site (www.heliocentris.com) the Prospectus from 9 February, 2007, which upon request will be delivered as a paper version at no charge.
Heliocentris Fuel Cells AG:
As a pioneer in the fuel cell industry, Heliocentris has over ten years experience in the production of fuel cell products. Heliocentris focuses on Education and Science markets worldwide with more than 10,000 end customers in over 50 countries. Heliocentris is one of the global leaders in this field. Clients can choose from over 30 products divided into 6 product lines ranging in complexity from basic fuel cell kits to complete lab equipment. Heliocentris plans continued growth through innovative new product development for the education market as well as through fuel cell systems designed for industrial applications. Heliocentris is headquartered in Berlin, with a subsidiary located in Vancouver, Canada for coverage of the North American market. For more information please visit: www.heliocentris.com
Contact:
Heliocentris Fuel Cells AG Dr. András Gosztonyi (CFO) Tel: +49-(0)30-6392-6185 Email
edicto GmbH Dr. Sönke Knop / Axel Mühlhaus Tel: +49(0)69-905-50551 email: Email
Disclaimer:
This press release contains statements that relate neither to reported financial results nor to other historical data and are of a prognostic nature. These are forecasts about future events, trends, plans or objectives. Such statements are not to be regarded as assured, as they are naturally subject to known and unknown risks and uncertainties and can be influenced by other factors with the effect that Heliocentris´ actual results and plans and objectives may differ significantly from the prognostic statements made or implied. Among the factors that may cause such deviations are changes in economic and business conditions, and changes in business strategy.
The company is not obliged and may not be liable to review, change or update any prognostic or other statements which are aimed at the future and are based on the view at the time of the statement. In addition, this press release represents neither an offer for the sale of shares made out to the bearer nor a request for an offer for the purchase of shares to be submitted. It is for information purposes only. |