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PowerCell: PowerCell Sweden presents its Annual Report for 2015


The Nordic leading fuel cell company PowerCell Sweden AB (publ)
presents its annual report for 2015. The Annual
Report is published on .

PowerCell Sweden announces that the company will publish its Annual Report
for 2015 in Swedish and English on the company website.

Per Wassén, CEO of PowerCell Sweden AB, said:
"The climate objective of COP21 requires a move from words to action. Fuel
cells are part of the solution to create a zero carbon, sustainable
society. PowerCell is strategically positioned at the starting point of the
growth phase of the technology development curve. The main task ahead is to
further increase customer focus, to deliver prototypes for customer testing
in 2016, as well as prepare and ensure the quality for the planned series
production of our platforms and systems from 2017. We can look forward to a
very exciting future, which will create substantial value for our
environment, the company and its shareholders".

Read the annual report at: Financial reports

Gothenburg, Sweden, March 15, 2016

For additional information please contact:
Per Wassén
CEO, PowerCell Sweden AB (publ)
Phone: +46 76 553 37 71

The following documents can be retrieved from beQuoted
PowerCell Pressrelease 2016-03-15 English.pdf

PowerCell Annual Report 2015.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

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. G&W Fondkommission is
appointed Certified Adviser by the Company. Among the largest owners are
Midroc New Technology, Fouriertransform, Finindus and Volvo Group Venture
Capital. For additional information, please visit:

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