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19 Sep 2017, Investors, Press Release

PBF receives new order for integrated power supply system for high tech industrial networks

PBF Group B.V. announces the receipt of a power supply order from a new major customer. This industrial customer has ordered the development of fully integrated power supply systems for the operation of mission critical networks for urban rail systems. Starting 2018, the Company expects annual product sales revenues between EUR 0.5 and 1 million from this new power supply.

Brunnthal/Munich, Germany, September 19, 2017 – PBF Group B.V., Dutch subsidiary of SFC Energy AG, a leading provider of hybrid power solutions to the stationary and mobile power generation markets, announces the receipt of a power supply order from a new major customer. This industrial customer has ordered the development of fully integrated power supply systems for the operation of mission critical networks for urban rail systems. Starting 2018, the Company expects annual product sales revenues between EUR 0.5 and 1 million from this new power supply.

The customer’s network technology is the communications backbone both in new urban rail systems in fast-growing cities, as well as in upgrades of existing systems. The networks help transport operators to run their rail systems safely, reliably and on time. PBF uses the unique, successful PBF platform to customize high quality power supply systems to exactly meet the customer’s demanding requirements for optimum power safety and reliability for their communication networks.

“PBF’s Power Supply Systems were chosen for their environmental specifications as well as for their high precision and reliability”, says Hans Pol, CSO of SFC Energy. “Our successful PBF platform technology has again enabled us to realize an efficient, cost-attractive, scalable solution for the ever growing and changing urban transport system networks. This clearly illustrates the potential of our PBF platform technology in network and communication applications.“

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.

About SFC Energy Group

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 50,000 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).

About PBF Group

PBF Group B.V., company of SFC Energy Group, specializes in switched mode power supply solutions and special coils. The Company is active worldwide. PBF develops, customizes, manufactures, and markets high quality power conversion solutions from simple power supply units to highly complex, customized power systems for top-level producers of professional machines and equipment.