Introduction of PM400 30kW fuel cell stack

RNS Number : 7918T

Proton Power Systems PLC

25 November 2013

 



Proton Power Systems plc

("Proton Power" or the "Company")

Proton Power introduces the new PM400 hydrogen fuel cell stack generation

After a three year development period, Proton Power is pleased to announce that it has released the new high power fuel cell stack generation PM400 with 30kW of net power.

The PM400 is enlarging the fuel cell stack portfolio of Proton Power in a higher power range. The new stack allows significant reductions in cost per kilowatt. The stack is designed for applications in all 3 target market segments of Proton Power:

o  Mobile applications (buses and light duty vehicles)

o  Maritime applications (tourist, ferry boats and auxiliary power supply)

o  Stationary applications (UPS and smart grit applications).

Dr. Francoise Faiz Nahab, Managing Director of Proton Motor Fuel Cell GmbH, said:

"We will further develop our business in high power applications. The new PM400 fuel cell stack generation is the next step in that direction. We are pleased about the excellent performance of the PM400. The new stack will help to bring down production cost. Our know-how in the design and manufacture of the fuel cell stack gives us a competitive advantage and the ability to optimize solutions for our customers."

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For further information:

Proton Power Systems plc
John Wall, Chairman	Tel: [phone]
Achim Loecher, FD	Tel: [phone]
	www.protonpowersystems.com

Westhouse Securities Limited Nominated adviser and broker	Tel: [phone]
Antonio Bossi	www.westhousesecurities.com

About Proton Motor Fuel Cell GmbH

Proton Motor is an expert in industrial fuel cells, fuel cell and hybrid systems with more than 17 years of experience in this sector.  Based in Puchheim near Munich, Proton Motor offers complete fuel cell and hybrid systems from a single source - from the development and production through the implementation of customized solutions.  The focus of Proton Motor is on back-to-base, for example, for mobile, marine and stationary solutions applications.  The product portfolio consists of base-fuel cell systems, standard complete systems, as well as customized systems.

Proton Motor acquired SPower GmbH in 2013. Established in 2007, SPower serves IT, Telecoms, public infrastructure and healthcare customers in Germany, Europe and Middle East with power supply solutions for DC and AC power demand. In addition to power supply, SPower also offers solutions for Solar Systems as well as a new product line for Solar Energy Storage.

Proton Motor Fuel Cells GmbH is wholly owned subsidiary of Proton Power Systems plc.  The Company has been listed on the London Stock Exchange since October 2006 (code: PPS).

 

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