SFC Energy AG: Dutch subsidiary PBF and WhisperPower B.V. enter into Power Electronics Manufacturing Agreement

DGAP-News: SFC Energy AG / Key word(s): Miscellaneous

2016-03-07 / 07:30
The issuer is solely responsible for the content of this announcement.


SFC Energy AG - Press Release

SFC Energy: Dutch subsidiary PBF and WhisperPower B.V. enter into Power Electronics Manufacturing Agreement

- WhisperPower will have their popular high power sine wave inverter "AC PowerCube" produced at SFC Energy's facility in Romania

- Manufacturing agreement is a first step towards a closer development and marketing partnership

- Initial annual value between EUR 0.5m and 1m expected to rise as co-operation intensifies

Brunnthal/Munich, Germany, March 7, 2016 - SFC Energy, a leading provider of hybrid power solutions to the stationary and mobile power generation markets, announces the signing of a power electronics manufacturing agreement of their Dutch subsidiary PBF B.V. with WhisperPower B.V., Drachten, the Netherlands. Whisper Power will have the full range of their popular AC PowerCube high power inverter series produced at SFC Energy's manufacturing site in Cluj, Romania, which already produces other high quality power electronics of PBF.

WhisperPower specializes in high quality, quiet, integrated modern hybrid energy systems and efficient electrical system solutions for boats, yachts, vehicles, houses and objects with no or no permanent connection to the grid. WhisperPower's AC PowerCubes are powerful sine wave inverters that convert DC electricity from batteries, solar modules and other alternative power sources into standard AC power with high efficiency.

"We selected SFC Energy's Romanian manufacturing site due to PBF's excellent design capabilities and track record in the production of high quality power products," says Roel ter Heide, owner and director of WhisperPower. "The production of our high-tech, high-quality products requires state-of-the-art electronics know-how and manufacturing expertise. Thanks to the fast, professional production team at Cluj, we can bring our popular products to the customer in excellent quality and turnaround time."

"The combination of excellent development capabilities, high quality, low cost production, and short distances enabled SFC Energy to win this business", says Dr. Peter Podesser, CEO of SFC Energy AG. "Together with WhisperPower we will be looking at additional revenue and cost synergies for our two companies in the alternative power markets and on the development side."

Additional information on SFC Energy, PBF, and SFC Group's portfolio of power electronics and power generation products at www.sfc.com. and www.pbfgroup.nl. More information on WhisperPower and the AC PowerCube at www.whisperpower.com.

About SFC Energy Group
SFC Energy AG (www.sfc.com) is a leading provider of hybrid solutions to the stationary and portable power generation markets. SFC is the number one supplier of fuel cells, with over 34,000 fuel cells sold to date. The Company has award-winning products and serves a range of applications in the Oil & Gas, Security & Industry and Consumer markets. The Company is headquartered in Brunnthal/Munich, Germany, operates production facilities in the Netherlands, Romania, and Canada, and sales offices in the U.S and Canada. SFC Energy AG is listed on the Deutsche Boerse Prime Standard (WKN: 756857 ISIN: DE0007568578).

SFC Press Contact:
Ulrike Schramm
SFC Energy AG
Eugen-Sänger-Ring 7
D-85649 Brunnthal
Tel. +49 89 673 592-377
Fax. +49 89 673 592-169
Email: [email protected]



2016-03-07 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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