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13 Mar 2018

Canadian subsidiary Simark Controls receives CAD 1.2 million follow up order for proprietary Variable Frequency Drive Systems (VFDs)

Oil producer places major follow up order based on the success of Simark’s integrated solutions in their applications. Simark’s VFD systems help the oil producer to significantly reduce costs with unique installation and operation benefits.

Brunnthal/Munich, Germany, March 13, 2018 – Simark Controls Ltd., a subsidiary of SFC Energy, leading provider of hybrid power solutions to the stationary and mobile power generation markets, has received a new follow up order for their proprietary Variable Frequency Drive systems (VFDs) from an existing customer in the Alberta oil sands. The orders amount to approx. CAD 1.2 million. VFD Systems operate electric submersible pumps (ESPs) used to artificially lift heavy oil from well-pads. The VFDs significantly reduce installation and operating costs. Additional benefits are improved pump uptimes, optimized pump operation and augmented oil production. “This major follow up order clearly illustrates the high performance and operational excellence of our VFD solutions”, says Martin Curtis, President and General Manager of Simark Controls. “They bring speed, reliability, precision and major cost savings to oil and gas production.”

Additional information on SFC Energy’s off grid power portfolio for security & safety, oil & gas, wind, traffic management, environmental and telecommunication applications at Link noch nicht final, Link noch nicht final, and Link noch nicht final. Additional information on Simark Controls at Link noch nicht final.

#### About SFC Energy AG SFC Energy AG (www.sfc.com) is a leading provider of hydrogen and direct methanol fuel cells for stationary and mobile hybrid power solutions. With the Clean Energy and Clean Power Management business segments, SFC Energy is a sustainably profitable fuel cell producer. The Company distributes its award-winning products worldwide and has sold more than 60,000 fuel cells to date. The Company is headquartered in Brunnthal/Munich, Germany, operates production facilities in the Netherlands, Romania, and Canada. SFC Energy AG is listed on the Deutsche Boerse Prime Standard (GSIN: 756857 ISIN: DE0007568578).

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