Ballard Ships Its 500th ElectraGen™-ME Fuel Cell System For Telecom Backup Power
Methanol is a readily available fuel that maximizes flexibility for siting and supporting a fuel cell system, such as the ElectraGen™-ME. The ElectraGen-ME system has an integrated fuel reformer that converts HydroPlus™ (a methanol-water liquid fuel mixture) into hydrogen gas to power the fuel cell system. Ballard's products are being sold through distribution partners that include Nokia Siemens Networks, Motorola, Cascadiant, Azure, Inala Technologies and Precision Power and Air.
About Ballard Power Systems 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.
This release contains forward-looking statements concerning market developments for our products, competitive advantage over incumbent solutions and corresponding value propositions for our 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.
These statements involve risks and uncertainties that may cause Ballard's actual results to be materially different, including general economic and regulatory changes, detrimental reliance on third parties, successfully achieving our business plans and achieving and sustaining profitability. For a detailed discussion of these and other risk factors that could affect Ballard's future performance, please refer to Ballard's most recent Annual Information Form. Readers should not place undue reliance on Ballard's forward-looking statements and Ballard assumes no obligation to update or release any revisions to these forward looking statements, other than as required under applicable legislation.Guy McAree +1.604.412.7919, firstname.lastname@example.org or email@example.com
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