Last checked at 15 Jun 2010 07:00
15 June 2010
ITM Power plc
("ITM Power" or "the Company")
Manufacturing System Update
ITM Power, the energy storage and clean fuel company, is pleased to announce that it has completed the roll out of itsmanufacturing system for the Company's products, initially those unveiled at two recent trade fairs in Germany and California. The current products can be viewed on the Company's web site. The manufacturing system enables the seamless design and manufacture of components and products and represents the last major milestone in the commercial launch of ITM Power's product range ahead of completion of CE accreditation.
The Company has a team of ten staff trained in Computer Aided Design (CAD) and Computer Aided Manufacture (CAM). These two systems are fully integrated to allow effective data transfer and data storage using a central design vault. Each product has its own dedicated design engineer and the design team ensures that all products maintain brand image and maximise supply chain efficiency.
ITM Power has external supply chains established for its components and assemblies but manufactures key components in-house. The in-house development and design engineers work together closely to make optimal use of their expertise in all aspects of design and production. To ensure efficiency, quality and traceability, the manufacturing system also streams data directly to CNC machines and is networked across sites to aid capacity planning.
In brief, the Company now has an ISO accredited system seamlessly linking business development with manufacturing, representing manufacturing industry best practice. With the integration of CAD, CAM, Procurement and Manufacturing, ITM Power now has the systems necessary for the manufacture and delivery of its new electrolyser products.
Commenting, ITM Power CEO Graham Cooley said "ITM is finalising systems and channels in readiness for the completion of our CE product accreditation. The seamless business development and manufacturing system is a key step for ITM in responding to customer traction from the launch of our initial product range at the Hannover Messe and the US NHA conference in Long Beach, California."
Production Manager Shaun Stancliffe added "After a great deal of planning and hard work, we are delighted to have now achieved the full integration of our business development, product design and manufacturing systems into a seamless process. We can now fully plan and resource the fulfilment of customer orders at the touch of a button whilst maintaining full traceability and quality assurance."
For further information please visit www.itm-power.com or contact:
| ITM Power plc Graham Cooley, CEO | 0114 244 5111 |
| Panmure Gordon & Co. Katherine Roe/Andrew Godber | 020 7459 3600
|
| Tavistock Communications Simon Hudson / James Midmer | 020 7920 3150 |