ACTA23 May 2013 12:23
Proactive Investors:
'Our view: Acta receiving its first order for the Acta Power system so soon after its launch underscores the large and growing demand for such self-recharging fuel cell systems in the telecommunications market. Acta Power could well be a game changer for the company as the product addresses the back-up requirements of telecom base stations in off-grid or bad grid locations, mitigating the cost and logistical barriers of hydrogen delivery to base stations in inaccessible sites. Acta’s recent participation in the Hannover Messe has already begun to yield rewards with the company receiving several commercial engagement opportunities. The last one year has been a transformational period for Acta, during which it has signed several new marketing and distribution partnerships, launched eight new products and product modules, and carried out the first-time shipment of larger and more advanced electrolyser systems. Acta also welcomed Heliocentris as an investor and strategic partner, increasing its distribution into the educational market within Germany, Africa and the Middle East. Considering Acta’s unique set of patented technologies and the massive potential for back-up power systems in emerging markets, we believe the company is well poised to create shareholder value. We maintain a Speculative Buy rating on the stock.'
http://www.proactiveinvestors.co.uk/columns/beaufort-securities/13063/beaufort-securities-breakfast-today-including--13063.html