FuelCellsWorks

MISSISSAUGA, ONTARIO–Hydrogenics Corporation (Toronto:HYG.TO)(NasdaqGM:HYGS), a leading developer and manufacturer of hydrogen generation and fuel cell products, today announced that it has sold another HyPM HD fuel cell power module as part of the Federal Transit Administration’s (FTA) National Fuel Cell Bus Program (NFCBP). Serving a project under the Northeast Advanced Vehicle Consortium, Hydrogenics was selected by being able to offer a flexible and cost competitive module with a proven track record.

“We are very pleased to announce this additional order within the FTA’s National Fuel Cell Bus Program,” said Daryl Wilson, President and CEO. “This is our third project under the auspices of the NFCBP, and we are now tied with the most projects awarded among the various fuel cell providers. Moreover, we are the only company with awards that serve all three regions – the Northeast Advanced Vehicle Consortium, serving the Northeast United States, the Center for Transportation and the Environment, serving the Southeast, and Weststart-Calstart, serving the West Coast. Approximately 4,500 full-size transit buses are sold annually in the United States, and Hydrogenics is dedicated to becoming a leading provider of zero emission, domestically fueled power solutions for this important target market.”

Earlier this month, Hydrogenics showcased its fuel cells at the NHA Conference & Hydrogen Expo in Columbia, South Carolina as part of the Proterra EcoRide zero emissions transit bus. The Proterra bus, which will serve the Southeast region of the NFCBP, utilizes two Hydrogenics fuel cell modules, as previously announced. At the NHA show, hundreds of participants viewed the Proterra bus – the first and only bus so far that has been built under the auspices of the NFCBP. Photos of this innovative vehicle can be viewed at the Hydrogenics website under “Projects.”

“The NHA Conference was truly a success in showcasing our buses and our partnership with Hydrogenics,” said Dale Hill, Chairman, Founder and Chief Technology Officer of Proterra. “We received a great deal of media attention, and the fuel cells have been running perfectly since being put into service earlier this year. In addition, testing at Altoona validated fuel economy in excess of 10 miles per gallon – double the efficiency of typical diesel buses. We will continue exhibiting across the Southeast and look forward to having more buses commissioned, with Hydrogenics fuel cells, later this year.”

About Hydrogenics

Hydrogenics Corporation (www.hydrogenics.com) is a globally recognized developer and provider of hydrogen generation and fuel cell products and services, serving the growing industrial and clean energy markets of today and tomorrow. Based in Mississauga, Ontario, Canada, Hydrogenics has operations in North America and Europe.

Recent purchases and orders for fuel cell-powered forklifts are providing a significant boost to the industry, while providing economic and environmental benefits to customers.

Washington, DC–Recent purchases and commitments from big-name corporations and the U.S. government for fuel cell-powered forklifts are providing a major lift to the industry. Fuel Cells 2000 estimates that there are approximately 500 systems currently in operation around the world, with at least 500 orders coming down the pike.

“We’ve seen large purchases of fuel cell forklifts from companies around the U.S., and substantial interest offshore” said Jennifer Gangi, Program Director of Fuel Cells 2000, a non-profit organization based in Washington, DC. “Customers are finding that fuel cells provide savings on several fronts – economic, environmental and workforce productivity. In other words, customers can save money by converting to fuel cells.”

A recent study by Argonne National Laboratory estimates that fuel cell lift trucks produce 63% less greenhouse gas emissions than battery systems, but that’s not the only savings. Batteries are heavy and take up a lot of storage space while only providing up to 6 hours of run time. Fuel cells last more than twice as long (12-14 hours) and there is no more need for battery storage and changing rooms, leaving more warehouse space for products. The greatly reduced fueling times – one or two minutes by the forklift operator compared to 20-30 minutes or more for each refill also saves valuable time.

Central Grocers, a 200-store Chicago-area chain, recently purchased 220 fuel cell forklifts for its new warehouse in Joliet, IL, opening later in 2009. Central estimates it will save $1.5 million over 10 years by going fuel cell. Other companies already using the technology include Wal-Mart, Ace Hardware, Bridgestone/Firestone, Federal Express and the Department of Defense’s Defense Logistics Agency, which happens to be the second largest warehouse operation in the United States.

The Department of Energy recently announced $41.9 million in American Recovery and Reinvestment Act funding that will help support the immediate deployment of fuel cell forklifts around the country. Companies that have already received funding for more than 200 forklifts include Anheuser-Busch, Sysco, GENCO, and East Penn Manufacturing.***

There is also a federal tax credit to make the transition more attractive – $3,000 per kilowatt tax credit for purchase of the fuel cell, and a 30% credit for the cost of installing hydrogen infrastructure, up to $200,000.

Caesarea, Israel–Emefcy today announced that it has been chosen by The Artemis Project™  as a Top 50 Water Companies Competition winner.  This award distinguishes Emefcy as a leading company that is helping to build one of the great high-growth industries of the 21st Century.  Emefcy was selected by a panel of industry experts based on an integrated matrix of four criteria: technology, intellectual property and know-how, team and market potential.

“The Artemis Project’s Top 50 Water Companies Competition winners have excelled in key strategic areas in the emerging advanced water technology sector,” said Laura Shenkar, Principal of The Artemis Project.  “We are excited to spotlight these innovative companies for the first time on the world’s stage and congratulate them for their achievements in introducing the solutions that will reinvent the water landscape.”

“We are proud to be selected as one of the top five winners of the Artemis Project’s Top 50 Water Companies Competition” said Eytan Levy, Emefcy’s co-founder and CEO. “It verifies our belief that our mission of applying a profitable, innovative new source of energy is on the right path,” says Levy.

About Emefcy

Emefcy is the developer of the MEGAWATTER™ platform, a bio-electro-chemical process for electricity and hydrogen production using wastewater as a fuel. This technology addresses an enormous market of industrial wastewater treatment plants in which anaerobic treatment is not applicable, thus expensive-to-operate aerobic treatment is applied. Emefcy currently runs several prototypes and plans to commence field piloting in Q3/2009.

For more details, please visit the company’s web site at www.emefcy.com

About The Artemis Project

Established in 2000, The Artemis Project is a boutique consulting practice that brings unique capabilities to 21st century water management, combining an understanding of the most advanced solutions with an international network of developers, investors and users of advanced water technology.  As the leading authority on applying advanced water solutions to business operations, The Artemis Project specializes in developing holistic water management strategies for major corporations.  The Artemis Project also supports product launches of advanced water technology into business operations worldwide. The Artemis Project actively participates in water industry events and supports environmental policy initiatives.

More information is available at http://www.theartemisproject.com/.