HUGIN NEWS/Heliocentris granted worldwide service contract by Ballard Power Systems
21.05.2008
Berlin, Germany - 21 May 2008. Heliocentris Fuel Cells AG, a leading
fuel cell system integrator, today announces a new agreement with
strategic partner Ballard Power Systems (Canada), a world leader in
clean energy fuel cell products. Under this new agreement Ballard has
transferred the post-warranty technical customer service for its
Nexaâ power modules to Heliocentris.
Ballard Power Systems has granted Heliocentris worldwide rights to
operate as the technical customer service provider for Ballard's
Nexaâ power modules. Heliocentris will now be the contact point for
all previous and new customers, both industrial and academic,
throughout the world. Heliocentris will provide product support and
servicing for two years after the last Nexaâ power module sale, which
is expected to be in 2009, as Ballard will stop production of these
power modules in 2008. Heliocentris will, however, offer an improved
successor product based on Ballard's next generation Mark1020 ACS(TM)
fuel cells.
"This arrangement is validation of our servicing capabilities based
on more than 10 years experience in marketing fuel cell systems,"
said Dr. Henrik Colell, CEO of Heliocentris Fuel Cells AG.
"Furthermore, this shows the trust Ballard has in us."
"This agreement between Ballard and Heliocentris is based on four
years of commercial cooperation between our companies," said Paul
Cass, Director of Customer Service at Ballard Power Systems.
"Throughout this time we have been impressed by Heliocentris'
technological competence and quality of work," he added.
Please contact us for further information:
Heliocentris Fuel Cells AG
Dr András Gosztonyi (CFO)
Tel.: +49-(0)30-6392-6185
E-mail: investorrelations@heliocentris.com
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.
http://www.heliocentris.com
Copyright © Hugin AS 2008. All rights reserved.
Berlin, Germany - 21 May 2008. Heliocentris Fuel Cells AG, a leading
fuel cell system integrator, today announces a new agreement with
strategic partner Ballard Power Systems (Canada), a world leader in
clean energy fuel cell products. Under this new agreement Ballard has
transferred the post-warranty technical customer service for its
Nexaâ power modules to Heliocentris.
Ballard Power Systems has granted Heliocentris worldwide rights to
operate as the technical customer service provider for Ballard's
Nexaâ power modules. Heliocentris will now be the contact point for
all previous and new customers, both industrial and academic,
throughout the world. Heliocentris will provide product support and
servicing for two years after the last Nexaâ power module sale, which
is expected to be in 2009, as Ballard will stop production of these
power modules in 2008. Heliocentris will, however, offer an improved
successor product based on Ballard's next generation Mark1020 ACS(TM)
fuel cells.
"This arrangement is validation of our servicing capabilities based
on more than 10 years experience in marketing fuel cell systems,"
said Dr. Henrik Colell, CEO of Heliocentris Fuel Cells AG.
"Furthermore, this shows the trust Ballard has in us."
"This agreement between Ballard and Heliocentris is based on four
years of commercial cooperation between our companies," said Paul
Cass, Director of Customer Service at Ballard Power Systems.
"Throughout this time we have been impressed by Heliocentris'
technological competence and quality of work," he added.
Please contact us for further information:
Heliocentris Fuel Cells AG
Dr András Gosztonyi (CFO)
Tel.: +49-(0)30-6392-6185
E-mail: investorrelations@heliocentris.com
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.
http://www.heliocentris.com
Copyright © Hugin AS 2008. All rights reserved.
Copyright (c) 2007 Dow Jones & Company, Inc.