REG - Proton Power Systems - Agreement with Bahnbau <Origin Href="QuoteRef">P6K.L</Origin>

Proton Motor Power SystemsAnnouncement

25/07/2015 09:30

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RNS Number : 4352T
Proton Power Systems PLC
20 July 2015 
 
Proton Power Systems plc 
 
("Proton" or the "Company") 
 
Cooperation Agreement with German Railsubsidiary Bahnbau 
 
for sales and service of hydrogen fuel cell UPS systems 
 
Proton Power Systems plc (AIM: PPS), the designer, developer and producer of
fuel cells and fuel cell electric hybrid systems, is pleased to announce, that
it signed a cooperation agreement with DB Bahnbau Gruppe GmbH ("Bahnbau"), the
service company of German Rail ("DB") for rail network infrastructure
installation and maintenance. Bahnbau will sell and install Proton's
containerised fuel cell systems as UPS applications to DB and third party
customers. DB is planning to replace the installed base of diesel generator
UPS systems with zero emission fuel cell applications over the coming years. 
 
Bahnbau will provide the site planning, installation and service for
containerised systems from Proton. In addition to DB, Bahnbau will also offer
those solutions to other third party customers in industries like IT,
transport and manufacturing. Bahnbau (www.bahnbaugruppe.de) has one of the
largest technical service organisations in Germany. 
 
The decision to replace old diesel systems is not only based on environmental
aspects but also on commercial aspects. High maintenance cost for old diesel
installations makes it more commercially viable for DB installations to use
the new fuel cell technology. Proton will supply complete containerised
solutions with the fuel cell, switchgear, cooling and UPS system for a power
demand from 6 to 250kW. 
 
Faiz Francoise Nahab, CEO of Proton, said: "This is a key milestone for our
company and fits well within the recent expansion of our manufacturing
facilities enabling large quantity manufacturing capacity. To work with
experts like Bahnbau is something we always had in mind. The decision of DB to
use fuel cell UPS systems to replace old diesel applications is also to be
seen as a milestone for our industry. Not only has the environmental aspect
driven that decision but also commercial considerations, which is very
important for our industry." 
 
- Ends - 
 
For further information: 
 
 Proton Power Systems plc                                                                    
 Dr Faiz Nahab, CEO                                                                          
 Achim Loecher, FDIan Peden, Chairman  Tel: +49 (0) 89 127 626 550Tel: +49 (0) 162 101 6470  
                                       www.protonpowersystems.com                            
 
 
 Westhouse Securities LimitedNominated adviser and broker  Tel: +44 (0) 20 7601 6100    
 Antonio Bossi / David Coaten                              www.westhousesecurities.com  
                                                                                        
 
 
About Proton Motor Fuel Cell GmbH 
 
Proton Motor is an expert in industrial fuel cells, fuel cell and hybrid
systems with more than 17 years of experience in this sector.  Based in
Puchheim near Munich, Proton Motor offers complete fuel cell and hybrid
systems from a single source - from the development and production through the
implementation of customized solutions.  The focus of Proton Motor is on
back-to-base, for example, for mobile, marine and stationary solutions
applications.  The product portfolio consists of base-fuel cell systems,
standard complete systems, as well as customized systems. 
 
Proton Motor acquired SPower GmbH in 2013. Established in 2007, SPower serves
IT, Telecoms, public infrastructure and healthcare customers in Germany,
Europe and Middle East with power supply solutions for DC and AC power demand.
In addition to power supply, SPower also offers solutions for Solar Systems as
well as a new product line for Solar Energy Storage. 
 
Proton Motor Fuel Cells GmbH is wholly owned subsidiary of Proton Power
Systems plc.  The Company has been listed on the London Stock Exchange since
October 2006 (code: PPS). 
 
This information is provided by RNS
The company news service from the London Stock Exchange