HUGIN NEWS/Heliocentris wins electrolyser order for hydrogen fuel cell bus filling terminus
04.11.2008
Berlin, Germany - 4th November 2008. Heliocentris Fuel Cells AG, the
fuel cell system integrator, announced today that the City of Barth
in Mecklenburg-West Pomerania has awarded Heliocentris a contract to
deliver an electrolyser for the supply of hydrogen to the City's
hybrid midi-bus and to optimize the City's wastewater treatment
facility. This new contract follows Heliocentris' successful
integration of a 32 kW fuel cell system for use in the Barth
midi-bus, earlier this year.
"This contract proves we can deliver fully functioning fuel cell
systems together with the necessary hydrogen infrastructure for a
transport system," said Dr. Henrik Colell, CEO of Heliocentris. "This
contract will add significantly to our revenues in 2009."
The hydrogen electrolyser provided by Hydrogenics, which can deliver
10m3/hour of hydrogen, will be used to generate the necessary
hydrogen to operate the fuel-cell bus. A major advantage of the
electrolyser is the co-generation of oxygen (5m3/hour), which will be
used to increase the capacity of the local wastewater treatment
facility.
"Following the fast and successful integration of the fuel cell
system for the midi-bus, we are very happy to have Heliocentris
deliver the hydrogen infrastructure, also. We are confident
Heliocentris will once again reliably deliver on schedule," said Mr.
Hellwig, Project Manager of the City of Barth. "We are also expecting
from the cooperation with Heliocentris a goal-orientated project
delivery as we have already achieved with the hybrid bus."
Please contact us for further
information:
Heliocentris Fuel Cells AG
Dr András Gosztonyi (CFO)
Tel.: 49 30 6392-6185
investorrelations@heliocentris.com
Innovator Capital Limited MC Services AG
Shaun Brown Raimund Gabriel
Tel.: +44 20 7297 6840 Tel.: +49 89 210 228-0
shaun.brown@innovator-capital.com raimund.gabriel@mc-services.eu
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.
This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.
http://hugin.info/138630/R/1266260/278979.pdf
http://www.heliocentris.com
Copyright © Hugin AS 2008. All rights reserved.
Berlin, Germany - 4th November 2008. Heliocentris Fuel Cells AG, the
fuel cell system integrator, announced today that the City of Barth
in Mecklenburg-West Pomerania has awarded Heliocentris a contract to
deliver an electrolyser for the supply of hydrogen to the City's
hybrid midi-bus and to optimize the City's wastewater treatment
facility. This new contract follows Heliocentris' successful
integration of a 32 kW fuel cell system for use in the Barth
midi-bus, earlier this year.
"This contract proves we can deliver fully functioning fuel cell
systems together with the necessary hydrogen infrastructure for a
transport system," said Dr. Henrik Colell, CEO of Heliocentris. "This
contract will add significantly to our revenues in 2009."
The hydrogen electrolyser provided by Hydrogenics, which can deliver
10m3/hour of hydrogen, will be used to generate the necessary
hydrogen to operate the fuel-cell bus. A major advantage of the
electrolyser is the co-generation of oxygen (5m3/hour), which will be
used to increase the capacity of the local wastewater treatment
facility.
"Following the fast and successful integration of the fuel cell
system for the midi-bus, we are very happy to have Heliocentris
deliver the hydrogen infrastructure, also. We are confident
Heliocentris will once again reliably deliver on schedule," said Mr.
Hellwig, Project Manager of the City of Barth. "We are also expecting
from the cooperation with Heliocentris a goal-orientated project
delivery as we have already achieved with the hybrid bus."
Please contact us for further
information:
Heliocentris Fuel Cells AG
Dr András Gosztonyi (CFO)
Tel.: 49 30 6392-6185
investorrelations@heliocentris.com
Innovator Capital Limited MC Services AG
Shaun Brown Raimund Gabriel
Tel.: +44 20 7297 6840 Tel.: +49 89 210 228-0
shaun.brown@innovator-capital.com raimund.gabriel@mc-services.eu
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.
This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.
http://hugin.info/138630/R/1266260/278979.pdf
http://www.heliocentris.com
Copyright © Hugin AS 2008. All rights reserved.
Copyright (c) 2007 Dow Jones & Company, Inc.