TIDMCFU

RNS Number : 6645N

Ceramic Fuel Cells Limited

02 October 2012

Tuesday 2 October 2012

Ceramic Fuel Cells signs long term Powder Plant Project

Ceramic Fuel Cells Limited (AIM / ASX: CFU) a leading developer of generators which use fuel cell technology to convert natural gas into electricity and heat for homes and other buildings, is pleased to announce that it has secured a long term project for its powder plant in the United Kingdom.

Ceramic Fuel Cells has signed an agreement with a multinational ceramics and speciality chemicals company for them to utilise the plant to develop high quality ceramic powder products. The powder plant equipment and CFCL operational staff at the plant will be allocated to the project on a full time basis.

To cover the operating costs of the plant and related staff, Ceramic Fuel Cells will receive a fee of GBP 450,000 for the 12 month project. The agreement also includes an option for the customer to purchase the plant and licence the related intellectual property for a pre-agreed price. For commercial reasons the identity of the customer and the purchase price are confidential.

The plant, in Bromborough, UK, uses Ceramic Fuel Cells' patented equipment to make nano-size ceramic powders which can be used in a range of applications and products.

 
For more information please contact: 
  Ceramic Fuel Cells Limited 
    Andrew Neilson      Tel.    : +61 (3) 9554 2300 
     (Australia)         Email   : investor@cfcl.com.au 
  Nomura Code Securities (AIM Nomad) 
    Juliet Thompson     Tel.    : +44 (0) 207 776 
     Chris Golden                1200 
  Australian media enquiries 
    Richard Allen       Tel.    : +61 (0) 3 9915 
     Oxygen Financial    Email   6341 
     Public Relations            : richard@oxygenpr.com.au 
  UK media enquiries 
    Mark Way            Tel.    : +44 (0) 7786 116 
     MW Research PR      Email   991 
                                 : mark.w@harvardamerica.com 
  German media enquiries 
    Alex Seiler         Tel.    : +49 (0) 69 9218 
     Hering Schuppener   Email   7454 
     Consulting                  : aseiler@heringschuppener.com

About Ceramic Fuel Cells Limited:

Ceramic Fuel Cells is a world leader in developing fuel cell technology to generate highly efficient and low-emission electricity from widely available natural gas. Ceramic Fuel Cells has sold its BlueGen gas-to-electricity generator to major utilities and other foundation customers in Germany, the United Kingdom, Switzerland, The Netherlands, Italy, Japan, Australia, and the USA. Ceramic Fuel Cells is also developing fully integrated power and heating products with leading energy companies E.ON UK in the United Kingdom, GdF Suez in France and EWE in Germany.

The company is listed on the London Stock Exchange AIM market and the Australian Securities Exchange (code CFU).

www.cfcl.com.au

This information is provided by RNS

The company news service from the London Stock Exchange

END

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