| VANCOUVER,
BRITISH COLUMBIA-- Ballard Power Systems (Toronto:BLD.TO)(NasdaqGM:BLDP),
an industry leader in fuel cell products and IdaTech plc, a global leader
in fuel processors and fully integrated fuel cell system solutions, today
announced they have signed a three-year supply agreement under which Ballard
will provide its Mark1020 ACS(TM) fuel cell product for integration into
IdaTech's next generation 250 watt iGen(TM) power supply.
"This agreement shows further
progress in accelerating market adoption of Ballard's leading fuel cell
products," said Noordin Nanji, Ballard's Chief Customer Officer. "This
new strategic relationship with IdaTech broadens our market focus with
an important new fuelling solution and deepens our market traction by establishing
another important customer relationship in the fuel cell backup power market."
Auxiliary and backup power solutions
based on fuel cell technology deliver a number of significant advantages
over conventional batteries and diesel generators, including: higher reliability
over a wide range of operating conditions; lower maintenance costs; longer
operating life; reduced size, weight, installation footprint and environmental
impact. In addition, the use of an alternative fuelling solution based
on methanol will favourably position fuel cells for applications where
a liquid fuel is more desirable.
The next generation IdaTech 250
watt iGen(TM) fuel cell power supply is designed as an auxiliary power
unit for a number of applications, potentially including recreational vehicles
and telecommunications backup power. IdaTech has extensive capability and
experience in reforming fuel, such as methanol, and in systems integration.
The three-year supply agreement will generate approximately 100 fuel cell
product unit shipments from Ballard to IdaTech in the first year, with
the potential for more than 1,000 units over the full term of the agreement.
"This agreement marks the initiation
of a strategic partnership with Ballard, the leading provider of fuel cells
in commercial markets like auxiliary and backup power," said Hal Koyama,
IdaTech's Chief Executive Officer. "We selected Ballard's Mark1020 ACS(TM)
for our product because it is the best choice for our iGen(TM) product
line in terms of overall performance, reliability and price."
About Ballard Power Systems
Ballard Power Systems (Toronto:BLD.TO
- News)(NasdaqGM:BLDP - News) is recognizedd as a world leader in the design,
development, manufacture and sale of zero-emission hydrogen fuel cells.
Ballard's mission is to accelerate fuel cell market adoption. To learn
more about what Ballard is doing with Power to Change the World®, visit
www.ballard.com.
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