Nokia Siemens Networks, Ballard Power Systems Develop Fuel Cell Backup Power For Mobile Networks
The solution from Nokia Siemens Networks and Ballard has already received the Ministry of Economy, Trade and Industry (METI) statutory approval in Japan. After delivering and setting up the fuel cell at a test site in YRP, Nokia Siemens Networks participated in and cleared DOCOMO's evaluation tests.
About Nokia Siemens Networks Nokia Siemens Networks is the world's specialist in mobile broadband. From the first ever call on GSM, to the first call on LTE, we operate at the forefront of each generation of mobile technology. Our global experts invent the new capabilities our customers need in their networks. We provide the world's most efficient mobile networks, the intelligence to maximize the value of those networks, and the services to make it all work seamlessly. With headquarters in Espoo, Finland, we operate in over 150 countries and had net sales of over 14 billion euros in 2011. http://www.nokiasiemensnetworks.com
About Ballard Power Systems, Inc. Ballard Power Systems (TSX: BLD) (NASDAQ: BLDP) provides clean energy fuel cell products enabling optimized power systems for a range of applications. Products deliver incomparable performance, durability and versatility. To learn more about Ballard, please visit www.ballard.com.**
Notes: *A fuel cell is a device that converts the chemical energy from a fuel into electricity through a chemical reaction with oxygen or another oxidizing agent. Hydrogen is the most common fuel, but hydrocarbons such as natural gas and alcohols such as methanol are sometimes used. Fuel cells are different from batteries in that they require a constant source of fuel and oxygen to run, but they can produce electricity continually for as long as these inputs are supplied.** This release contains forward-looking statements concerning the benefits of our products to customers. These forward-looking statements reflect Ballard's current expectations as contemplated under section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Any such forward-looking statements are based on Ballard's assumptions relating to its financial forecasts and expectations regarding its product development efforts, manufacturing capacity, and market demand and include the Company's expectations regarding the potential benefits of the proposed transaction and the timing and success of future product development efforts.
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