The agreement will support the distribution of IdaTech's fuel cell products by RENCO into multiple Italian markets including backup power, hydrogen infrastructure development and combined heat and power (CHP).

"This represents another milestone for IdaTech in building critical commercial capabilities and development partnerships," said Claude Duss, IdaTech President and Chief Executive Officer. "We believe that the unique characteristics of the Italian market make it very appealing for IdaTech's solutions and further supports the development of an international platform for distributed generation and specific products IdaTech is currently developing."

"RENCO's expertise in the energy industry makes them an attractive partner for IdaTech in the creation and delivery of clean energy solutions and business development activities to unlock a wide range of opportunities in Italy," said Harol Koyama, IdaTech Senior Vice President for Marketing and Sales. "We are excited to welcome RENCO to our growing family of commercial and development partners."

"We are also very pleased to be working with a world-class company such as IdaTech," said Roberto Vitali, RENCO S.p.A, Director of Energy Department. "IdaTech's technology is among the most advanced in the fuel cell industry. Additionally, their customer focus has yielded products that fit well within our industry base. Our company is focused on adhering to the highest achievable standards and we look forward to being able to offer our clients these market leading products."

IdaTech's fuel cell solutions are based on a flexible, modular design which supports the development of systems with a range of outputs up to 50 kW. These solutions incorporate IdaTech's proprietary multi-fuel fuel processing technology and fuel cell system integration expertise including automation and controls. With the support of strategic partners, the company's solutions are being deployed on a global scale for stationary and portable applications. IdaTech is a subsidiary of the Boise, Idaho-based energy and technology holding company IDACORP, Inc. (NYSE: IDA).

RENCO S.p.A is a mid-sized engineering and construction company committed to providing engineering, procurement and construction solutions for small to medium size power stations. With the support of IdaTech, RENCO intends to develop several market segments in Italy, including light industrial, telecommunication and oil and gas.

Web site: http://www.idatech.com