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Proton Power Regulatory News (PPS)



Regulatory News for Proton Power (PPS)


Share Price: 2.125Bid: 2.00Ask: 2.25Change: 0.00 (0.00%)No Movement on Proton Power
Spread: 0.25Spread as %: 12.50%Open: 2.125High: 2.10Low: 2.10Yesterday’s Close: 2.125





Proton Power Systems exhibits at Hanover Fair 2010

Tue, 20th Apr 2010 08:30

RNS Number : 4499K
Proton Power Systems PLC
20 April 2010
 

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Press Release

20 April 2010

 

Proton Power Systems plc

("Proton Power" or "the Group")

 

Proton Power Systems exhibits fuel cell products at Hanover Fair 2010

19-23 April 2010

 

Proton Power Systems plc (AIM:PPS), a leading designer, developer and producer of fuel cells and fuel cell electric hybrid systems, is pleased to announce that the Company is exhibiting its extended product range of mobile, stationary and maritime fuel cell applications at the international trade show Hanover Fair 2010 in Germany.

 

In collaboration with Smith Electric Vehicles, Proton Power is exhibiting the lightweight, battery-powered commercial vehicle HyRange integrating Proton Power's fuel cell range extender 'REX', following the companies' partnership agreement in February.  Smith's HyRange is currently used by leading brands such as Sainsbury's, Scottish & Southern Energy and Royal Mail.

 

Proton Power is also exhibiting its TÜV-certified PM 200 fuel cell stack which can be used either as a component or as a turnkey solution in mobile and stationary applications.  For stationary power, the Company is showing its 19" UPS power module for telecommunications equipment and data centre servers.

 

In addition, Proton Power was one of five companies shortlisted for the Hermes Award which recognises technology innovation and is presented annually at Hanover.  Proton Power was shortlisted for its triple-hybrid technology, a propulsion system incorporating hydrogen fuel cells, batteries and ultra capacitors.  The technology is currently being used to power a passenger bus developed in partnership with Skoda Electric and the Czech Society of UJV.  This bus, named "TriHyBus", is also on show at Hanover.

 

Thomas Melczer, CEO of Proton Power Systems, says: "The Hanover Fair is one of the world's major trade shows in the power industry and has consistently provided us with a platform to showcase our most innovative technologies as well as to establish more collaborations.  We look forward to further building our pipeline of potential customers there this year."

 

- ENDS -

 

For further information: 

Proton Power Systems plc


John Wall, Chairman

Tel: +44 (0) 78 0291 7615

Thomas Melczer, CEO

Tel: +49 (0) 89 127 626 555


www.protonpowersystems.com  

 

Arbuthnot Securities Limited


Tom Griffiths / Antonio Bossi

Tel: +44 (0) 20 7012 2000


www.arbuthnotsecurities.co.uk

 

Media enquiries:

Abchurch Communications Limited


Justin Heath / Monique Tsang / Hannah Sharman

Tel: +44 (0) 20 7398 7725

hannah.sharman@abchurch-group.com

www.abchurch-group.com

 

About Proton Power Systems plc

 

Proton Power Systems plc is a developer and manufacturer of fuel cells and fuel cell hybrid systems for motive and stationary power supply.  Its sales-driven strategy focuses on identifying applications with the greatest market needs and supplying large volumes of cost-competitive systems to fulfil those needs.  Proton Power is gaining access to a broad range of markets through partnerships with leading OEMs such as Skoda Electric and Smith Electric Vehicles, in addition to contract manufacturers such as Deutsche Mechatronics.

Proton Power's motive applications include forklifts, city buses, municipal utility vehicles, commercial vehicles and ferries.  Stationary applications focus on the Uninterruptible Power Supply ("UPS") sector, where there is a large demand for mission-critical, grid-independent secure power supply in places such as telecommunications stations, data centres, hospitals, and power substations. 

Through its wholly owned subsidiary, Proton Motor Fuel Cell GmbH ("Proton Motor"), the Group has developed and deployed fuel cell modules that can be integrated with energy storage media to create hybrid fuel cell systems.  Proprietary, intelligent energy management software balances the power output across the system to maximise efficiency and improve power delivery.  The system therefore boasts lower fuel consumption and more consistent levels of power delivery than conventional diesel/combustion engine or fuel cell-only systems, while producing zero harmful emissions.

Proton Power Systems plc was admitted to trading on AIM on 31 October 2006 and is incorporated in the UK.  Proton Motor has more than 15 years of experience in the fuel cell market and is located in Puchheim, near Munich, Germany.

www.protonpowersystems.com

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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