IDA Idatech

 

TIDMIDA 
 
RNS Number : 0609K 
IdaTech PLC 
13 April 2010 
 

 
 
 
For Immediate Release 
                                                 13 April 2010 
 
                           Business Energy Tax Credit 
 
 
IdaTech plc ("the Company") today announces that its appeal to the Oregon 
Department of Energy ("the Department") for the re-instatement of the Business 
Energy Tax Credit ('BETC') for 2009 has been unsuccessful.   The Company has 
decided not to pursue the matter further.  As previously stated, the Company has 
already factored this outcome into its business plans and does not expect it to 
create a material change from existing guidance. 
 
 
 
For further information please contact: 
 
+----------------------------------+----------------------------+ 
| IdaTech plc                      |            +1 541 383 3390 | 
+----------------------------------+----------------------------+ 
| Harol Koyama, Chief Executive    |                            | 
| Officer                          |                            | 
+----------------------------------+----------------------------+ 
| James Cooke, Chief Financial     |                            | 
| Officer                          |                            | 
+----------------------------------+----------------------------+ 
|                                  |                            | 
+----------------------------------+----------------------------+ 
| Numis Securities Limited         |            +44 (0) 20 7260 | 
|                                  |                       1000 | 
+----------------------------------+----------------------------+ 
| Michael Meade                    |                            | 
+----------------------------------+----------------------------+ 
|                                  |                            | 
+----------------------------------+----------------------------+ 
| Buchanan Communications          |       +44 (0) 20 7466 5000 | 
+----------------------------------+----------------------------+ 
| Charles Ryland / Catherine Breen |                            | 
+----------------------------------+----------------------------+ 
 
About IdaTech 
 
IdaTech plc is an advanced fuel cell products company which is operationally 
headquartered in Bend, Oregon, USA and is listed on AIM with the ticker code 
IDA. 
 
IdaTech designs, develops, and manufactures extended run backup power fuel cell 
products for Telecom applications requiring 100 W to 15 kW of backup power. 
IdaTech's unique PEM fuel cell technology provides solutions for a wide range of 
applications to directly support efforts towards sustainable energy. 
 
IdaTech's portfolio of industry-certified fuel cell products are based on the 
company's fuel processing, purification and fuel cell system integration 
capabilities. With the support of strategic partners and customers, the 
company's extended run backup power products are being deployed worldwide for 
stationary applications. 
 
Additional information may be obtained by contacting the company direct or by 
visiting its website at http://www.idatech.com. 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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