Exhibiting military products at AUSA
October 01 2009 - 3:00AM
RNS Non-Regulatory
TIDMPTX
Protonex Technology Corporation
01 October 2009
?
FOR IMMEDIATE RELEASE
October 1, 2009
PROTONEX TO EXHIBIT NEW PORTABLE POWER MILITARY PRODUCTS
AT THE AUSA ANNUAL MEETING & EXPOSITION
DATELINE: SOUTHBOROUGH, MA; Protonex Technology Corporation (LSE: AIM: PTX and
PTXU), a leading provider of advanced fuel cell power systems, today announces
that it will exhibit several of its new portable power military products at
booth #402 at the upcoming Association of the United States Army (AUSA) Annual
Meeting & Exposition in Washington, DC, October 5-7, 2009.
The portable power systems on display at AUSA will include:
* M250-CX Portable Battery Charger: a 250-watt portable power system designed to
meet the stringent demands of a wide range of military battery charging and
auxiliary power unit applications. The unique design combines advances in fuel
cell energy conversion and battery charging technology into one complete product
solution to provide significant performance benefits over incumbent solutions.
* SPM-611/612 Soldier-Worn Power Managers: advanced power managers designed to
dramatically reduce the number and variety of batteries needed by a soldier,
while actively monitoring and managing power usage to assure mission success.
This intelligent power management system combines leading edge advances in
ultra-high efficiency power conversion, equipment power management, solar
support and energy harvesting technology to offer benefits that are currently
unavailable to military users.
* BPM-602 Battlefield Air Operations Power Manager: an advanced power manager
designed to efficiently couple a diverse set of energy sources to power
consuming devices. This intelligent power management system functions similarly
to our SPM product line but handles high power devices such as laser designators
and high power radios.
* UAV-C250 & UGV-C250 Advanced Propulsion Power Sources: high-performance
ultralight power systems, designed to significantly increase the endurance
capability of UAV and UGV missions. Coupling fuel cell stack technology that can
achieve 1,000 watts per kilogram with an advanced chemical hydride fueling
technology to increase energy density, the unique power systems enable long
duration missions not previously feasible.
"The products we are exhibiting at this year's AUSA are designed to dramatically
reduce soldiers' logistics burden, along with their carry weight and bulk, and
built to significantly lower operational life cycle costs for a wide range of
military applications," stated Greg Cipriano, VP Marketing and Military
Development for Protonex. "These new products meet specific portable power
demands of military field use and greatly expand our ability to provide
innovative, high value power solutions that are currently unavailable with
advanced batteries or alternative technologies."
- ENDS -
Enquiries
+------------------------------------------------+--------------------------------+
| Protonex Technology Corporation | Tel: +1 508 490 9960 |
+------------------------------------------------+--------------------------------+
| Scott Pearson, Chief Executive Officer | |
+------------------------------------------------+--------------------------------+
| Margaret Dorsheimer, Director of Marketing | |
+------------------------------------------------+--------------------------------+
| | |
+------------------------------------------------+--------------------------------+
| Redleaf Communications Limited | Tel: +44 (0)20 7566 6700 |
+------------------------------------------------+--------------------------------+
| Press and Investor Relations | protonex@redleafpr.com |
+------------------------------------------------+--------------------------------+
| Samantha Robbins | |
+------------------------------------------------+--------------------------------+
| Paul Dulieu | |
+------------------------------------------------+--------------------------------+
| | |
+------------------------------------------------+--------------------------------+
| Piper Jaffray Ltd. | Tel: +44 (0)20 3142 8700 |
+------------------------------------------------+--------------------------------+
| Nominated Adviser | |
+------------------------------------------------+--------------------------------+
| Michael Covington | |
| Rupert Winckler | |
+------------------------------------------------+--------------------------------+
| | |
+------------------------------------------------+--------------------------------+
Notes to Editors
About Protonex Technology Corporation
www.protonex.com
Protonex Technology Corporation develops and manufactures compact, lightweight
and high- performance fuel cell systems for portable power applications in the
100 to 1000-watt range. The Company's fuel cell systems are designed to meet the
needs of military, commercial and consumer customers for off-grid applications
underserved by existing technologies by providing customizable, stand-alone
portable power solutions and systems that may be hybridized with existing power
technologies. The Company is headquartered in Southborough, Massachusetts.
This announcement includes statements which are, or may be deemed to be,
"forward-looking statements". All statements other than statements of historical
facts included in this announcement, including, without limitation, those
regarding Protonex' financial position, business strategy, plans and objectives
of management for future operations (including development plans and objectives
relating to Protonex' products and services) are forward-looking statements. By
their nature, such forward-looking statements involve known and unknown risks,
uncertainties and other important factors that could cause the actual results,
performance or achievements of Protonex to be materially different from future
results, performance or achievements expressed or implied by such
forward-looking statements. These factors include but are not limited to those
described in the Admission Document issued in connection with the Company's
admission to AIM.
Forward-looking statements may and often do differ materially from actual
results. Any forward-looking statements in this announcement speak only as at
the date of this announcement and are subject to risks relating to future events
and other risks, uncertainties and assumptions relation to Protonex' operations,
results of operations, growth strategy and liquidity.
This information is provided by RNS
The company news service from the London Stock Exchange
END
NRAIIFSDIVLLIIA
Protonex Technology (LSE:PTX)
Historical Stock Chart
From Aug 2024 to Sep 2024
Protonex Technology (LSE:PTX)
Historical Stock Chart
From Sep 2023 to Sep 2024
Real-Time news about Protonex Regs (London Stock Exchange): 0 recent articles
More Protonex Technology News Articles