19.4.2004: Meldung: Hydrogenics subsidiary: Next-Generations Fuel Cells Tested
Hydrogenics"" FCATS(TM) (Fuel Cell Automated Test Systems) are used by many world-leading fuel cell development programs to meet their expanding fuel cell testing requirements. The expanded platform now includes four new models, each designed to meet the needs of specific fuel cell test markets.
The FCATS G50 expands Greenlight""s product offerings in the single cell and component R&D testing niche. It is designed to offer accuracy and reliability for testing in low power ranges, at an attractive price. Greenlight is pleased to announce that it has already received an order for five G50 test stations from one of its automotive customers.
The expanded G-Series product line also includes the FCATS G300, designed to meet the needs of customers testing large-area single cells or short stacks, between 0.5 to 4 kilowatts, and the FCATS G700, a high-power general purpose test station designed to test full automotive stacks in the 10 to 100 kW power range. The first product in the G-Series product line, the FCATS G500, was unveiled at the 2003 Fuel Cell Seminar in Miami. The G500 is a general purpose test station designed to test stacks in the 2 to 12 kilowatt range.
"Through the acquisition of Greenlight we were able to capitalize on both companies"" strengths in test system R&D and product development to solidify our position as a leading global supplier of fuel cell test equipment," said Pierre Rivard, President and CEO of Hydrogenics. "We are very pleased with Greenlight""s rapid progress in combining our best technologies in a comprehensive portfolio of FCATS product offerings designed to competitively meet our customers"" needs in a variety of power ranges. This, combined with an order for multiple stations from a highly valued client tells us we are on the right track in our endeavor to maintain our leadership in the test equipment market."
The G Series test stations offer superior reliability and maintainability as a result of thorough in-house testing, selection of high quality components and well-designed accessibility to the test station""s internals. Operator efficiency is enhanced by an optimized graphical user interface and stack interface. In addition, all new test stations are designed to allow customization to meet a client""s specific needs.
About Hydrogenics Corporation
Hydrogenics Corporation is a leading clean power generation company, engaged in the commercialization of fuel cell technology and test stations for fuel cells. The company is building a sustainable business, in a potentially "game changing technology" for transportation, stationary and portable power. Hydrogenics, based in Mississauga, Ontario, Canada, has operations in British Columbia, Canada, Japan, the United States and Germany. For more information, please visit http://www.hydrogenics.com/.
About Greenlight Power Technologies, Inc.
Greenlight Power Technologies Inc., a wholly-owned subsidiary of Hydrogenics Corporation, is the leading global supplier of test equipment and services to the fuel cell industry. It has supplied fuel cell test equipment to the world""s premier fuel cell stack manufacturers, component manufacturers, system integrators and research organizations. Greenlight provides a full suite of test equipment for fuel cell stack, stack component, reformer and system testing for companies focused on portable, stationary, and transportation fuel cell applications. For more information, please visit http://www.greenlightpower.com/.
This release contains forward-looking statements within the meaning of the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Law of 1995. These statements are based on management""s current expectations and are subject to changes in the competitive environment adversely affecting the products, markets, revenues or margins of Hydrogenics"" business. Readers should not place undue reliance on Hydrogenics"" forward-looking statements. Investors are encouraged to review the section captioned "Risk Factors" in Hydrogenics"" registration statement on form F-10 filed with the Securities and Exchange Commission on February 3, 2004 for a more complete discussion of factors that could affect Hydrogenics"" future performance. Hydrogenics undertakes no obligations to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.