| AFC Energy
Plc, ("AFC Energy" or the "Company"), the AIM quoted low cost alkaline
fuel cell company that focuses on industrial markets, is pleased to announce
to shareholders today that it is ready to deliver its first multiple fuel
cell systems to Akzo-Nobel.
Once delivered the two fuel cell
systems will be installed and integrated at Akzo-Nobel's Bitterfeld site
in Germany, and it is expected that they will be switched on and tested
sometime in mid-September. The Company will make a further announcement
once the results of the initial tests have been gathered.
Today's news marks completion
of stage six of the Company's technological milestone outlook, identified
at the time of the IPO in April 2007 and, when the fuel cells are up and
running, will complete phase one of the commercial agreement with Akzo-Nobel. |