Intelligent Energy Reports Highest Power Densities Yet for Automotive Fuel Cells

  Intelligent Energy Reports Highest Power Densities Yet for Automotive Fuel
  Cells

Business Wire

LONDON -- March 26, 2013

Intelligent Energy today announced that its proprietary fuel cell technology
is providing leading levels of power output and performance for a number of
its automotive customers, with the company’s fuel cell stacks demonstrating
continuous volumetric and gravimetric power densities of 3.7 kW/L and 2.5
kW/kg, respectively.

Intelligent Energy automotive fuel cell stack technology (Photo: Business
Wire)

Intelligent Energy automotive fuel cell stack technology (Photo: Business
Wire)

“We believe that our fuel cell stack technology has achieved industry leading
power density performance. These interim results are only part way along our
technology roadmap and much more is still to come with further improvements in
the pipeline”, Intelligent Energy’s Motive Division Managing Director, James
Batchelor commented. “Importantly, we deliver these benchmark performance
levels using our own patented technology which has been designed for high
volume, low-cost manufacturing. We provide our technology to existing clients
as they progress towards series production and continue to work with new
automotive customers and OEMs under a variety of commercial arrangements” he
added.

Intelligent Energy is a global leader in fuel cell design and development,
with a range of high performance, compact, cost-effective and scalable
technology focused on its target market sectors. In 2012, the company formed a
joint venture in Japan with the Suzuki Motor Corporation to manufacture fuel
cells for a range of automotive and other sectors. In February of this year,
within 12 months of its incorporation, the joint venture, SMILE FC System,
announced the completion of the first ready-to-scale production line.

Dr Henri Winand, Chief Executive at Intelligent Energy, said: “Power-dense
power sources are critical in a range of applications across our automotive,
consumer electronics and stationary power markets. In particular, fuel cell
electric vehicles provide one of the most practical and efficient means of
reducing road transport carbon emissions, where powerful, yet efficient, power
systems are much needed. Developing class-leading technology, designed for
series manufacture, offers our customers both reduced time-to-market and lower
commercialisation scale-up risks. It clearly demonstrates that our fuel cells
are ready for the automotive industry and other mass markets.”

Editors Notes:

About Intelligent Energy

Intelligent Energy delivers efficient and clean energy technology for the
global consumer electronics, automotive and stationary power markets – from
compact energy packs for mobile devices, to power-trains for zero-emission
vehicles, and stationary power units for the always-on infrastructure.

Our unique technology architecture is used by global blue chip companies to
create differentiated, cost-efficient fuel cell power systems for mass market
applications. It enables Intelligent Energy and our industry partners to solve
the challenges of continuous power and productivity, by creating convenient
everyday energy solutions to power your life.

Intelligent Energy operates globally, with offices in the Americas, Europe and
Asia.

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Contact:

Intelligent Energy
Dr. Jon Moore
Director of Communications
jon.moore@intelligent-energy.com
+44 15 0927 1271
or
Racepoint Group
Alex Gandhi / Elijah Lawal
intelligentenergyuk@racepointgroup.com
+44 20 8811 2474