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05 Sep 2017, Investors, Press Release

SFC Energy and AITC sign U.S. partnership agreement for EFOY Pro fuel cells in off-grid Department of Defense training facilities

SFC Energy has signed a partnership and distribution agreement with Advanced IT Concepts Inc. (AITC), Winter Springs, FL, USA. In the context of the agreement, AITC will sell and service SFC Energy’s EFOY Pro fuel cells as reliable off-grid power source for powering defense equipment in such environments as training facilities, test ranges and other similar applications.

Brunnthal/Munich, Germany, September 5, 2017 – SFC Energy, a leading provider of hybrid power solutions to the stationary and mobile power generation markets, has signed a partnership and distribution agreement with Advanced IT Concepts Inc. (AITC), Winter Springs, FL, USA. In the context of the agreement, AITC will sell and service SFC Energy’s EFOY Pro fuel cells as reliable off-grid power source for powering defense equipment in such environments as training facilities, test ranges and other similar applications.

In the context of the agreement with SFC Energy, AITC will introduce the EFOY Pro fuel cell in their ongoing and upcoming government and private sector contracts. To ensure ultimate efficiency and optimum service quality, AITC engineers have been trained and qualified by SFC Energy experts in fuel cell installation and service.

“The fuel cell delivers autonomous, environmentally friendly, weather-independent power on demand, it is easy to transport, silent, virtually non-detectable, and the fuel logistics are much easier than for Diesel generators. We see a big potential for this technology in our markets”, says Gabriel Ruiz, President and CEO of Advanced IT Concepts.

“This success builds on our long and excellent track record in supplying reliable off-grid power generators to U.S. Defense Organizations. With AITC as our prestigious partner we hope to grow our customer base in the defense equipment and power markets even further“, says Dr. Peter Podesser, CEO of SFC Energy.

Numerous international NATO and PfP defense organizations use SFC Energy fuel cell products. SFC fuel cell and accessory products carry a NATO stock number and are approved for air transport according to UN3473.

Additional information on the SFC Energy’s off grid power portfolio for defense, security & safety, oil & gas, wind, traffic management, environmental and telecommunications applications at www.sfc-defense.com, www.efoy-pro.com and at www.sfc.com. Additional information on Advanced IT Concepts Inc. at www.aitcinc.com.

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 AITC

AITC, a Service-Disabled Veteran Owned Small Business founded by former military IT professionals, assists government and private sector customers through the design and implementation of innovative IT solutions. The company draws on significant telecommunications and information technology experience to provide advisory services, strategic planning, program management, system deployment and technology implementation, as well as engineering, logistics and training support. AITC is a well renowned supplier and partner of the U.S. defense sector and has won several new multi-million dollar contract awards over the last months.