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BTU celebrates with Roll-Royce today's grand opening of their new fuel cell production facility in Loughborough England. This Rolls Royce turnkey pilot production line for solid oxide fuel cell manufacture incorporates a variety of BTU products, including multiple BTU convection drying systems and BTU's latest Elevator Hearth System for high temperature sintering. The BTU-provided equipment also included multiple screen-printing systems, a laser marking system and automated handling equipment to fully automate the process.
"We believe this is the world's first fully automated production line for solid oxide fuel cells, and we are excited to have played a major role in this advanced manufacturing program," said Paul J. van der Wansem, BTU's chairman and chief executive officer. "Rolls Royce has demonstrated a clear focus and commitment to advancing the technology and manufacturability of solid oxide fuel cells, which positions them as one of the leaders in the fuel cell industry."
As quoted in a separate press release issued by Rolls Royce earlier today, Charles Coltman, the chairman and chief executive of Rolls-Royce Fuel Cell Systems Limited, said at the opening ceremony, "This is a state-of-the-art facility that will have the capability to produce over 1,000 ceramic fuel cell components per week, while verifying the processes required for eventual full scale production."
Coltman, while commenting on the importance of this venture, added, "The prospect of developing a new source of affordable energy using fuel cells is exciting - especially if affordability can be combined with a technology that is friendlier to the environment than the existing alternatives."
"We recognize the long-term potential of SOFC technology," said Van der Wansem, "and BTU will continue to focus on the energy sector as a growing part of our business based upon our demonstrated technology as a supplier of integrated process solutions for the fuel cell industry."
About BTU International
BTU International is a market-leading supplier of advanced thermal processing equipment to the semiconductor, electronics, and materials sectors. BTU is a major manufacturer of solder reflow furnaces for printed circuit board assembly, and advanced systems for materials processing applications requiring high temperatures and precise atmosphere control. The company also manufactures a wide range of equipment for semiconductor packaging applications, including state-of-the-art systems for wafer bumping and wafer-level packaging. BTU, with world headquarters in North Billerica, Mass., operates worldwide with direct sales and service offices in the USA, Asia and Europe. Information about BTU International is available on BTU's website at www.btu.com.
Safe Harbor Statement
This news release, other than historical
financial information, includes forward-looking statements that involve
known and unknown risks and uncertainties, including BTU's intention to
become a premier supplier of integrated process solutions for the fuel
cell industry. Such statements are made pursuant to the "safe harbor" provisions
established by the federal securities laws, and are based on the assumptions
and expectations of the company's management at the time such statements
are made. Important factors that could cause actual results to differ include
BTU delivering acceptable integrated process solution for the fuel cell
industry, general market conditions governing supply and demand, the impact
of competitive products and pricing and other risks detailed in the company's
filings with the Securities and Exchange Commission. Actual results may
vary materially. Accordingly, you should not place undue reliance on any
forward-looking statements. Unless otherwise required by law, the company
disclaims any obligation to revise or update such forward-looking statements
in order to reflect future events or developments.
Contact:
BTU International,
Inc.
Tom Nash,
978-667-4111
V.P. Global
Operations & Marketing
or
Bill Monigle
Associates
IR Agency
Contact:
Bill Monigle,
603-424-1184
President
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