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P21 expands its management team

Alexandre Zehnder is new Vice President Sales & Marketing / Volker Adam further strengthens the fuel cell manufacturer as CFO

Brunnthal-Munich, April 2008. P21 GmbH, a leading enterprise in the field of supplying fuelcell-supported backup power to the mobile communications industry, has further strengthened its staff with the appointment of a new Vice President Sales & Marketing. Alexandre Zehnder has been coordinating all sales and marketing activities worldwide for P21 since March 2008.

Before he joined P21, Zehnder had been active in various leadership positions with interna-tional businesses, most recently as Head of Telecommunications & Global Account Director Network Solutions for NEC, the Japanese group of affiliated companies. During his tenure with NEC, Alexandre Zehnder successfully expanded new markets, closed global coopera-tive deals and promoted collaboration between mobile network providers and NEC on the R&D level of 4G mobile-telephony networks.

“I look forward to my future responsibilities at P21,” Alexandre Zehnder says. “Together with my highly motivated team, I’m eager to further expand our business’s previous successes and accompany it on its way toward market leadership.”

Volker Adam likewise joined P21 in March 2008. As Chief Financial Officer (CFO), he’s responsible for P21’s financial affairs and controlling. Business financing, financial reporting and investor relations fall within his field of duties.

Prior to assuming his responsibilities at P21, Adam had served as Senior Director Fi-nance at Micromet AG. The holder of a graduate degree in business administration, Volker Adam began his career with the Allianz Group in 1996. He afterwards held Press Release various responsible positions in the financial field for Willy Bogner GmbH & Co. KGaA and Hemoteq AG.

“P21 presently occupies a promising position on the market and is an extremely dy-namic business,” Volker Adam declares. “I’m very pleased to promote P21’s positive development by contributing my competencies and experience.”

“Our global orientation and expansion demand that we maintain a strong managerial structure,” explains Manfred Ostermaier, member of the board of directors. “With Alex-andre Zehnder and Volker Adam, we’re pleased to welcome two additional experts to our team. We’re confident that their many years of experience and their in-depth exper-tise will contribute significantly to our future success.”

About P21

Headquartered in Brunnthal (near Munich), the P21 GmbH develops, produces and markets fuel cell systems to supply backup power for the mobile communications industry. P21 has suc-cessfully proven the capability of its technology in various field tests with international mobile network providers since 2004. With its patented hydrogen-powered PEM fuel cell systems, P21 is the leading supplier of backup systems for applications in the telecommunications field. Founded in 2001, P21 currently employs a staff of 50 people. The business concentrates exclu-sively on the telecommunications market because it has its roots and its greatest expertise in this field. P21 acquires partner businesses worldwide which have the relevant know-how to collaborate with P21 in the onsite marketing, installation and servicing of fuel cells.


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