Deployment Of Fuel Cells
14 April 2010 - 8:00AM
UK Regulatory
TIDMIDA
RNS Number : 1363K
IdaTech PLC
14 April 2010
For Immediate Release
14 April 2010
IdaTech And Cascadiant Announce A Deployment Of Advanced Fuel Cell Technology
With Hutchison Telecom In Indonesia
IdaTech plc (AIM: IDA) a global leader in the development and manufacture of
clean and reliable PEM fuel cell products for critical backup power markets, in
conjunction with its partner Cascadiant Inc. and Indonesian wireless operator PT
Hutchison CP Telecommunications (HCPT), are pleased to announce a deployment of
the latest generation of hydrogen backup power fuel cell systems throughout the
Indonesian island of Sumatra.
IdaTech's partner Cascadiant has been awarded the contract to install and
support the ElectraGen(TM) H2 fuel cell systems. This order confirms the value
proposition of backup power fuel cell systems and demonstrates the growing trend
of telecom service providers to support and promote more eco-friendly
initiatives including the reduction of telecom sector emissions, lowering energy
consumption and the overall carbon footprint.
Harol Koyama, CEO of IdaTech, commented, "We are delighted to be working with
Cascadiant to supply ElectraGen(TM) fuel cell systems for the Indonesian market.
This agreement is an exciting sign of the times to come. Indonesia is a very
attractive wireless market because of its large population and will undoubtedly
require more solutions such as these fuel cell systems to support the operations
of mobile products as they become more popular. With an experienced local
partner like Cascadiant that is dedicated to identifying and promoting more
sustainable means of energy within its solutions, IdaTech sees this as a
significant win," Koyama said.
According to Marshall Towe, President and CEO of Cascadiant, "We're extremely
pleased to play a leading role in furthering the use of cleaner fuel cell
technology in Indonesia. This denotes a solid acceptance in the belief that
greener technology is truly the wave of the future in ensuring the protection
and functionality of telecom services in dire situations." He continued by
saying, "We applaud Hutchison for their forward looking endorsement of this
technology and we believe that it is a milestone in achieving mass adoption of
fuel cell products as viable replacements for generators and batteries."
Telecommunications networks require reliable backup power solutions that can
operate for several hours or days when electricity is no longer available due to
severe weather, natural disasters, or grid quality. IdaTech's ElectraGen(TM)
fuel cell systems were developed specifically to provide critical backup power
to the telecom market when loss of grid occurs. These fuel cell systems are
fueled directly by hydrogen or by using IdaTech's proprietary fuel reformer
process that converts liquid fuel, methanol & water, into hydrogen gas to power
the unit.
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.
About Cascadiant
Cascadiant is a venture backed technology solutions company with offices
throughout Asia and in Portland and Chicago in the USA. The firm partners with
best in breed technology companies to deliver value added, integrated solutions
and hosted services in an environmentally conscious way. The Cascadiant
portfolio targets wireless and broadband carriers and includes state-of-the-art
hydrogen fuel cells, hosted application platforms and advanced software
solutions.
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 | |
+----------------------------------+----------------------------+
| | |
+----------------------------------+----------------------------+
| Cascadiant | |
+----------------------------------+----------------------------+
| Alex Karras | +1 312-770-8888 |
| | alex.karras@cascadiant.com |
+----------------------------------+----------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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