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 AFC Energy Announces Successful Performance of Prototype Fuel Cell
Publication Date:31-Jan-2008
01:00 PM US Eastern Timezone 
Source:AFC Energy
AFC Energy plc, (“AFC Energy” or the “Company”), the low cost alkaline fuel cell company, is pleased to announce that it has successfully achieved its fourth technological milestone, operation of the first prototype system, within the projected timescale described in the Admission Document. 

The first prototype system consists of AFC Energy’s new generation cartridge, demonstrating numerous manufacturing, operating and cost benefits.  Multiple cartridges assembled together will be used to form the first 3.5kW system scheduled to be delivered in August 2008 to AKZO Nobel for in situ testing. 

Tests conducted have proved the sound philosophy and design behind AFC Energy’s product. The results, with extremely uniform cell outputs at operating temperature, have confirmed high tolerance in-house manufacture of the electrodes, correct manifold and seal design of the cartridge and the innovative system operating design and control. 

This milestone represents an important step towards the completion of the AKZO Nobel contract. The last milestone will be the prolonged testing of the prototype system during February 2008 ahead of the delivery of multiple units.

Gerard Sauer, Chief Executive, AFC Energy plc, said:

“With the development of the low cost fuel cell now nearing completion, we are looking forward to seeing our fuel cells installed on site at AKZO Nobel. This exciting milestone will prove the viability of our fuel cells to produce electricity using waste hydrogen that would otherwise have been released into the atmosphere.

“This milestone represents the first full system operation, including all electric and electronic control aspects, further establishing our position as a fuel cell system manufacturer. It establishes the protocol that will be used to reproduce multiple systems as we move forward with the development programme.

“Through our close working relationship with our customer AKZO Nobel, we remain on track to deliver our first fully functioning fuel cell during August 2008.”

For further information please visit www.afcenergy.com or contact:

AFC Energy plcGerard Sauer, Chief Executive 01483 276 726
 
Blue Oar SecuritiesShane Gallwey Jerry Keen 020 7448 4400
 
Madano PartnershipMark Way / Graham Moonie 020 7593 4000

 

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