SFC Energy receives largest Asian single order for EFOY PRO fuel cells from Singapore sales & marketing partner Innoverde

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

2016-06-14 / 07:30
The issuer is solely responsible for the content of this announcement.

SFC Energy AG - Press Release

SFC Energy receives largest Asian single order for EFOY PRO fuel cells from Singapore sales & marketing partner Innoverde

- Single order value of EUR 0.5 million

- EFOY Pro fuel cells provide reliable off-grid power to surveillance systems in Singapore

Brunnthal/Munich, Germany, June, 14, 2016 - SFC Energy, a leading provider of hybrid power solutions to the stationary and mobile power generation markets, announces the receipt of a major order by its Singapore sales & marketing partner Innoverde Pte. Innoverde serving prime customer Oneberry Technologies in Singapore will procure several hundred units of EFOY PRO 2400 over the next 24 months with the first of deliveries planned for coming weeks. Fuel cells will be used to provide reliable off grid power to security and surveillance equipment in Singapore.

In the framework of the contract won, SFC Energy will deliver EFOY Pro fuel cells and EFOY fuel cartridges to Singapore. Some of the fuel cells will be hybridized with a solar module in a weatherproof system by Oneberry Technologies Pte Ltd.

The contract award builds on the success of 5 years of extensive business development of SFC Energy and Oneberry Technologies in Singapore.

The efficient, environmentally friendly EFOY Pro fuel cells are well established in Singapore. They power off-grid equipment ensuring the integrity of infrastructure and environmental needs, such as flood watch warning systems in Singapore's underground canals, solutions for littering or waste water quality monitoring.

"Our clients demand superior surveillance technology and flawless operation, and we select components to fulfill and secure their demand accordingly. This includes the vital energy source", says Ken Pereira, CEO of Oneberry Technologies. "The EFOY Pro fuel cell is not only a very ecofriendly power generator, but also an extremely reliable one: It provides power at any time and in any weather to critical infrastructure and environmental equipment to ensure 24/7 system readiness. In hybrid operation with the solar module the fuel cell covers the module's power gap in bad weather and at night. Thus, we can offer our customers highly flexible solutions that ensure full system functionality in any weather, while at the same time saving significant amounts of operating cost and service effort."

"After the success story of our EFOY Pro fuel cells in Japan, this order is another important milestone in our expansion into the Asian markets, where we see tremendous business opportunities", says Dr. Peter Podesser, CEO of SFC Energy. "Our clean, sustainable and silent products are fast becoming the power source of choice for ensuring off-grid power availability to state and civilian security & surveillance equipment all across Asia. No competitive technology can deliver the same high degree of reliability and autonomy."

Additional information on the EFOY Pro fuel cell and on SFC Energy's off grid power portfolio for security & surveillance, oil & gas, wind, traffic management, environmental and telecommunications applications at www.sfc.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 35,000 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).

About Oneberry Technologies Pte Ltd.
Oneberry Technologies (www.oneberry.com) is an established and award winning provider of specialized, efficient and cost effective IT solutions in Singapore across a wide range of industries, including security, safety, and construction. The company was used as an example for the "new generation of companies" in Singapore in the 2015 budget speech of the Deputy Prime Minister and Finance Minister. Oneberry Technologies has been at the forefront of solutions development with a focus on implementing automation, decentralization, and convergence in technology solutions without compromising the environment.

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]

2016-06-14 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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