John Wall

RNS Number : 5295J

Proton Power Systems PLC

13 June 2014

 



13 June 2014

Proton Power Systems plc

("Proton Power" or the "Company")

John Wall

Proton Power Systems plc (AIM: PPS), the designer, developer and producer of fuel cells and fuel cell electric hybrid systems, regrets to announce the death of John Wall, Chairman of the Company.

Dr Faiz Nahab, Chief Executive Officer of Proton Power said: "I am very saddened by the death of John whom I worked with and known as a friend for the past six years. John joined the board of Proton Power in 2006 at the time of its admission to AIM, and has been key in developing Proton Power in both executive and non-executive roles and recently as Chairman of the Company. On behalf of all at Proton, our condolences are extended to his family."

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For further information:

Proton Power Systems plc
Dr Faiz Nahab, CEO
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 to the implementation of customized solutions.  The focus of Proton Motor is on back-to-base mobile, marine and stationary solutions applications.  The product portfolio consists of base-fuel cell systems, standard complete systems, as well as customised systems.

Proton Motor acquired SPower GmbH in 2013. Established in 2007, SPower serves IT, telecoms, public infrastructure and healthcare customers in Germany, Europe and the 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 a 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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