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Ceres' Fuel Cell Programme Enters second phase with Dunlop Aerospace

Publication Date:21-February-2005
Source:Ceres

Ceres' system integration programme enters key second phase with Dunlop
Aerospace

Ceres, the AIM-quoted fuel cell company, is pleased to announce the second key
phase of its system integration programme in participation with Dunlop Aerospace
and other global component suppliers.

The £1 million programme will help Ceres move from its initial prototype system
to a cost effective product tailored for its target mass markets in stationary
power generation. Significant financial support and in-kind contributions have
been secured from the Department of Trade & Industry (DTI) and commercial
collaborators.

Chief Executive Peter Bance said: "Now that we have demonstrated world-class
performance from our fuel cells, a priority for 2005 is establishing a supply
chain for all the other components for our products ahead of market roll-out.
We are delighted that Dunlop has agreed to become an important partner at this
stage in our development."

Ceres has established early commercial relationships with several leading energy
and engineering groups interested in the potential of its fuel cell. They
include the global industrial gases giant BOC, which is in partnership trials
with Ceres using bottled gas to generate electricity from the Ceres fuel cell.

The fuel cells are being developed for applications as diverse as home boilers
and stand alone generators to be branded "Powered by Ceres". They are expected
to offer substantial economic and environmental benefits to users around the
globe.

The Ceres fuel cells have already undergone rigorous testing prior to the
prototype programme now underway, and have been developed for commercial
manufacture using low cost components and mass production techniques.

Ceres has been described by Prime Minister Tony Blair as a "world leader", while
Energy Minister Mike O'Brien said the company is "at the forefront of the race
to make fuel cells a commercially viable technology."


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