Berlin, Germany, Mar 19, 2008 - (ABN Newswire) - Berlin - 19 March 2008. Heliocentris Fuel Cells AG, a leading fuel cell system integrator, announces that the company has been selected to be the technical partner for the Hy-Tech-Challenge.08 fuel cell competition.
Hy-Tech-Challenge.08 is a competition devoted entirely to the issue of hydrogen and fuel cells, and is under the patronage of Dr Annette Schavan, the German Education and Research Minister. Educational institutions and companies from all over Germany will provide teams to compete against one another with their hydrogen-fuelled, remote controlled model vehicles.
Organising the competition are the Wasserstoff- und Brennstoffzellen Initiative Hessen, the Hessen Agentur and H2 in Praxis, an initiative of ConActivity KG, Frankfurt.
The teams are provided with pre-qualified fuel cell systems. The fuel cell set, which is provided by Heliocentris is based on a 50 watt fuel cell platform which has been well established in the market for years. As technical partner, Heliocentris will be responsible for configuring and delivering these systems. In addition, Heliocentris will hold introductory workshops for the participants, as well as being available as on-site technical contact. Linde AG will be responsible for hydrogen logistics.
Mr Martin Weiss from ConActivity explains: "We opted for Heliocentris as technical partner because their systems are robust and reliable. Heliocentris is one of the market leaders in systems for education and R&D. Heliocentris' years of experience in this sector will be a great help to the teams."
Dr AndrĂ¡s Gosztonyi, CFO of Heliocentris Fuel Cells AG, adds: "We are pleased that we will participate in this exciting competition as its technical partner. This confirms our leading position in the field of technical education. Using fuel cells in real applications like in this competition fits well with our concept of commercialising fuel cell systems, which we have been practicing for many years."
For further information, please contact:
Heliocentris Fuel Cells AG Dr. AndrĂ¡s Gosztonyi (CFO) Tel: +49-(0)30-6392-6185 Email: investorrelations@heliocentris.com Or visit the website www.hy-tech-challenge.de.
About Heliocentris Fuel Cells AG: Heliocentris is a leading provider and system integrator of fuel cells. Educational institutions, universities, research facilities and companies in over 50 countries are among its more than 10,000 clients. These customers already use over 50 items from among Heliocentris' eight product lines today. Worldwide, Heliocentris ranks as one of the market leaders in the field of educational and R&D systems for fuel cells. The width of the offering ranges from educational systems for instruction and studies to integrated laboratory equipment for research and development as well as industrial applications tailored to the client. Fuel cells are considered to be a key technology for the supply of energy by means of renewable energy sources. Fuel cells are environmentally friendly electrochemical energy converters which transform chemical energy directly into electricity and heat with a high level of efficiency. As a pioneer in its field, Heliocentris possesses a wealth of long-time experience in the development, production and marketing of this significant technology of the future. The company is headquartered in Berlin, Germany. A subsidiary in Vancouver, Canada, serves the American market.
Disclaimer This press release contains forward-looking statements that are based on current assumptions and forecasts of the management of Heliocentris Fuel Cells AG. Known and unknown risks, uncertainties and other factors could lead to material differences between the forward-looking statements given here and the actual development, in particular the results, financial situation and performance of our Company. The Company assumes no liability to update these forward-looking statements or to conform them to future events or developments. The information in this press release does not constitute an offer of securities for sale or a solicitation of an offer to purchase securities in the United States or any other country.
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Heliocentris Fuel Cells AG
http://www.heliocentris.comISIN: DE000A0HMWH7
Stock Identifier: GER.H2FG
