SFC Smart Fuel Cell AG: SFC and Webasto plan on a far-reaching sales cooperation


SFC Smart Fuel Cell AG / Alliance

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

Ad-hoc Release from SFC Smart Fuel Cell AG 

SFC and Webasto plan on a far-reaching sales cooperation
Brunnthal, 10th September 2007 – SFC Smart Fuel Cell AG, the leading global manufacturer of methanol fuel cell systems for mobile and remote energy supply and Webasto AG, Stockdorf, one of the leading suppliers to the automotive and leisure vehicle industry, plan on a long-term cooperation for the equipping of leisure vehicles.
It is intended that in the future SFC will supply EFOY fuel cells via Webasto, manufactured in series, for the equipping of leisure vehicles. Additionally, the cooperation, in a regional sales organisation, will in the future give SFC a stronger presence for its products in the accessories follow-up market.

Within the recreational vehicle market, estimated by market specialists to consist of more than 1 million vehicles in Europe, Webasto, known as one of the market leaders for heating solutions in the automotive industry, is providing innovative comfort solutions under a global gas free strategy. As an independent, reliable and environmentally friendly source of energy, SFC’s fuel cells will in future become an integral part of this concept.
SFC is looking to achieve a triple digit growth rate in the current fiscal year. In the first half of 2007 the company has already increased its sales, compared to the previous year, by 150 per cent to 7.5 million Euros.
 About SFC Smart Fuel Cell

SFC Smart Fuel Cell AG (www.sfc.com) is market leader in fuel cell technologies for mobile and off-grid power applications serving the leisure, industrial and defense markets. As one of Germany’s technology pioneers, SFC has won numerous innovation awards. SFC has alliances with leading companies in a wide range of industries. Unlike most other fuel cell manufacturers, who are in the research and development phase or run subsidized demonstration projects, SFC has shipped fully commercial products to industrial and private end users for four years, and has created a convenient fuel cartridge supply infrastructure. SFC is DIN ISO 9001:2000 certified.
10.09.2007  Financial News transmitted by DGAP

 
Language:     English
Issuer:       SFC Smart Fuel Cell AG
              Eugen-Saenger-Ring 4
              85649 Brunnthal
              Deutschland
Phone:        +49 (89) 673 592 - 100
Fax:          +49 (89) 673 592 - 169
E-mail:       [email protected]
Internet:     www.sfc.com
ISIN:         DE0007568578
WKN:          756857
Indices:      
Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, München, Düsseldorf, Stuttgart  
End of News DGAP News-Service  



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