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2016-01-18

PowerCell: PowerCell Sweden AB receives its first order of a 100 kW PowerCell S3 prototype fuel cell stack from a European company

POWERCELL SWEDEN AB RECEIVES ITS FIRST ORDER OF A 100 KW POWERCELL S3
PROTOTYPE FUEL CELL STACK FROM A EUROPEAN COMPANY

Nordic leading fuel cell company PowerCell Sweden AB (publ)
has received a first order for a prototype of a
100 kW PowerCell S3 fuel cell stack from a European company that will use
it in an automotive application.

The PowerCell S3 prototype is expected to be delivered during the second
quarter of this year. PowerCell S3 fuel cell stack is based on the platform
developed by the PowerCell in the Autostack Core project together with its
project partners.

"We are delighted that the customer has chosen our fuel cell stack
prototype for the project. This confirms that the results of the Autostack
Core project are very promising. That the customer has chosen our stack
also shows that the demand for our clean energy solutions increases, even
if the order has a limited impact on this year's result", says Mr Boden,
Director Marketing & Sales at PowerCell Sweden AB.

About PowerCell S3 fuel cell stack
The PowerCell S3 fuel cell stack platform will complement the first and
second fuel cell stack platforms; the PowerCell S1 (1-5 kW) and PowerCell
S2 (6-25 kW) as it covers a larger power range from 20 kW up to 100 kW,
except that this platform is designed to only using pure hydrogen as the
fuel. The PowerCell S3 fuel cell stack uses proton exchange membrane (PEM)
technology and is the choice for automotive applications. PEM is the most
common technology used today, owing to its reliable and dynamic
characteristics that allows for full power output within seconds.

Gothenburg, Sweden, January 18, 2015

For additional information please contact:

Per Wassén
CEO, PowerCell Sweden AB (publ)
Phone: +46 76 553 37 71
Email: per.wassen@powercell.se

The following documents can be retrieved from beQuoted
PowerCell Pressrelease 2016-01-18 English.pdf

About PowerCell Sweden AB (publ)
PowerCell Sweden AB (publ) is the leading fuel cell company in the Nordics,
which develops and produces environmentally friendly power systems for
stationary and mobile customer applications.

PowerCell has developed a modular system of fuel cell platforms, powered by
clean environmentally friendly produced hydrogen where only electricity,
heat and water are emissions. The fuel cells are also designed to handle
the reformed hydrogen from e.g. biogas, natural gas, biodiesel or standard
diesel.

In case hydrogen infrastructure is missing, PowerCell has combined its
leading fuel cell and reformer technology and developed a fuel cell system,
PowerPac, which converts standard diesel, with hydrogen, into electricity.
This is done in an energy-efficient and environmentally friendly way, in
which emissions of carbon monoxide, nitrogen oxides and particles are
completely eliminated and the carbon dioxide is greatly reduced compared
with a conventional diesel engine.

PowerCell Sweden AB (publ) is listed on First North at Nasdaq Stockholm and
is an industrial spinout from the Volvo Group. Among the largest owners are
Midroc New Technology, Fouriertransform, Finindus and Volvo Group Venture
Capital. For additional information, please visit:

Författare BEQ

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