SFC Energy AG: Change of company name: SFC Smart Fuel Cell AG becomes SFC Energy AG


SFC Energy AG / Miscellaneous

22.07.2010 09:20

Dissemination of a Corporate News, transmitted by
DGAP - a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this announcement.


- SFC Smart Fuel Cell AG is changing its company name to SFC Energy AG     with immediate effect
- Change of company name reflects positioning as provider of complete   systems for off-grid energy supply

Brunnthal/Munich, Germany, July 22, 2010 - SFC Smart Fuel Cell AG, technology and market leader for mobile and off-grid power solutions based on fuel cells, is changing its company name to SFC Energy AG with immediate effect. The name change reflects the company's future positioning as a provider of complete systems for off-grid energy supply. The company has consequently evolved its business model within the last years towards comprehensive off-grid power solutions. Fuel cells remain core technology and components of the whole-product solutions.

'Our experience as pioneer in the commercialisation of fuel cells has shown that customers in many fields do not only need a fuel cell but total solution', says Dr. Peter Podesser, CEO of SFC Energy AG. 'With our strategic direction we put enhanced concentration on integrated system solutions. The change of the company's name reflects our positioning and underlines the intention to provide whole-product off-grid power solutions to our customers and their specific needs'.

With the introduction of the EFOY ProCube and the SFC Power Manager in the industry and defense markets, SFC has successfully launched initial whole-product solutions. Today, SFC products are applied as hybrid solutions with batteries and solar systems, for example. With this concept SFC offers customers lightweight, silent and flexible off-grid power supply. The company has sold about 19,000 systems for off-grid power supply in leisure, industry, mobility and defense markets. SFC solutions also play a more and more important role in the e-mobility market. Combined heat and power (CHP) with SFC fuel cells offers an attractive solution which eliminates existing limitations of electric vehicles like short-distance range, insufficient winter driving capability, less practical charging times and a missing charging infrastructure. The intelligent combination of battery and fuel cell as hybrid solution enables an environmentally friendly power supply directly onboard the vehicle and generates heat for battery conditioning and car interior. There is no need to recharge the vehicle at an electrical outlet and the vehicle offers high performance in winter and every day use.

More information at www.sfc.com and www.efoy.com.

About SFC Energy AG

SFC Energy 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 about 19,000 fully commercial products to industrial and private end users for more than five years, and has created a convenient fuel cartridge supply infrastructure. SFC is DIN ISO 9001:2008 certified. SFC is based in Brunnthal, Germany, and has a sales and technical service office in the U.S. SFC Energy AG is listed in the Prime Standard on the German stock exchange (WKN 756857).


SFC Investor Relations: Barbara v. Frankenberg, Head of IR and PR SFC Energy AG, Eugen-Saenger-Ring 7, D-85649 Brunnthal, Tel. +49 89 673 592-378, Fax. +49 89 673 592-169, Email: [email protected]




22.07.2010 Ad hoc announcement, Financial News and Press Release distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de

 
Language:     English
Company:      SFC Energy AG
              Eugen-Saenger-Ring 7
              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
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, München, Düsseldorf, Stuttgart  
End of News DGAP News-Service  



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