8.3.2004: Meldung: Hydrogenics Corp. Receives Order from General Motors
TORONTO, - Hydrogenics Corporation, a developer and manufacturer of hydrogen fuel cell products, announces that its wholly owned subsidiary, Greenlight Power Technologies, received an order from General Motors (GM) for six FCATS Fuel Cell Advanced Test Stations. All six 12 kW H-series test stations were recently delivered to GM"s Fuel Cell R&D facility in Honeoye Falls, NY. "The foundation of Hydrogenics" long-standing relationship with General Motors was built on the state-of-the-art test systems and services that we provided for their advanced fuel cell development and test program," said Pierre Rivard, President and CEO of Hydrogenics. "GM is recognized as a true pace-setter in this industry and we are very proud to be playing a part in their success."
Greenlight Power fuel cell testing systems provide high precision instrumentation, combined with full-featured software and automation. They deliver fuel cell testing results that prove the reliability, repeatability and versatility required for world-leading fuel cell development programs.
About Hydrogenics Corporation
Hydrogenics Corporation (Nasdaq: HYGS, TSX: HYG) 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 www.hydrogenics.com
About Greenlight Power Technologies, Inc.
Greenlight Power Technologies Inc. (www.greenlightpower.com), a wholly owned subsidiary of Hydrogenics Corporation, is a leading global supplier of testing and diagnostic equipment 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.
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" Form 20F filed with the Securities and Exchange Commission on June 19, 2003 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.