Proton Power Systems PLC Order from Siemens (0014O)

TIDMPPS

RNS Number : 0014O

Proton Power Systems PLC

16 September 2013

 
      16 September 2013

Proton Power Systems plc

("Proton Power" or the "Company")

UPS Systems - largest project in company's history won for SPower

Proton Power Systems subsidiary SPower to deliver UPS Systems (including batteries) to Siemens AG, Healthcare sector

Proton Power Systems (AIM:PPS) is pleased to announce that its subsidiary SPower has won a project for UPS systems with batteries worth Euro 857,000 with Siemens AG, to be delivered over the next 10 months. The UPS systems will be used to secure power supply for healthcare equipment in hospitals. The project comprises 39 systems with a power range between 80 and 200kVA. The first partial order for five units of the overall project has already been received and the units are expected to be shipped in September.

John Wall, Chairman of Proton said, "We won the largest project with Siemens in our history. This proves the reliability of our products and the excellent working relationship with Siemens. The UPS market is growing worldwide and we will expand our activities in that market segment with UPS products with batteries and fuel cells."

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For further information:

 
 Proton Power Systems plc 
 John Wall, Chairman             Tel: +44 (0) 7802 917 
                                                   615 
 Achim Loecher, FD                 Tel: +49 (0) 89 127 
                                               626 550 
                            www.protonpowersystems.com 
 
 
 
 Westhouse Securities Limited 
  Nominated adviser and broker          Tel: +44 (0) 20 7601 
                                                        6100 
 Antonio Bossi                   www.westhousesecurities.com

About Proton Motor Fuel Cell GmbH

Proton Motor is an expert in industrial fuel cells, fuel cell and hybrid systems with more than 17 years of experience in this sector. Based in Puchheim near Munich, Proton Motor offers complete fuel cell and hybrid systems from a single source - from the development and production through the implementation of customized solutions. The focus of Proton Motor is on back-to-base, for example, for mobile, marine and stationary solutions applications. The product portfolio consists of base-fuel cell systems, standard complete systems, as well as customized systems.

Proton Motor acquired SPower GmbH in 2013. Established in 2007, SPower serves IT, Telecoms, public infrastructure and healthcare customers in Germany, Europe and Middle East with power supply solutions for DC and AC power demand. In addition to power supply, SPower also offers solutions for Solar Systems as well as a new product line for Solar Energy Storage.

Proton Motor Fuel Cells GmbH is wholly owned subsidiary of Proton Power Systems plc. The Company has been listed on the London Stock Exchange since October 2006 (code: PPS).

This information is provided by RNS

The company news service from the London Stock Exchange

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