Message #3 From:
NewsBot Date: July 11, 2006 11:46:00 AM
DESC News Linde to Market Proton's On-Site Hydrogen Generating Systems in Europe & South America
WALLINGFORD, Conn.--(BUSINESS WIRE)--July 11, 2006--Proton Energy Systems, a subsidiary of Distributed Energy Systems Corp. (Nasdaq: DESC), announced today that it signed an agreement for Linde AG, Linde Gas Division to market and distribute its advanced on-site hydrogen generating systems in Europe and South America.
Under terms of the relationship between the two companies, Linde will extend distribution of Proton's HOGEN(R) on site generation systems, marketing the fuel-cell-based hydrogen technology to utilities and laboratory and analytical customers in most countries in Europe and South America. The new agreement expands the marketing and distribution alliance first established last summer by Proton with Linde Gas for the North American, Mexican and Caribbean markets.
Cliff Caldwell, general manager for specialty gases and chemicals at Linde Gas, states: "Now that Linde has seen, first-hand, the benefits of Proton's advanced systems for making ultra-pure hydrogen right at customer sites, we look forward to widening and deepening penetration of those markets. There is a large opportunity for this product line, especially among utilities needing to be more efficient energy producers, as well as for other hydrogen users who are located too remotely to be easily and economically served by trucked-in supplies of this vital gas."
Proton's HOGEN(R) on site hydrogen generators produce pure hydrogen from electricity and water without harmful by-products. The innovative technology provides constant hydrogen flow to electric utility applications, cooling the electric generator casing and increasing power plants efficiencies, as well as cost and energy savings. In addition, hydrogen is used in many other industrial applications, and in research laboratories requiring ultra-pure gases and chemicals for critical scientific and developmental purposes.
Mark Murray, Proton Energy's president, pointed to the new distribution agreement as another important step in widening the acceptance of on-site hydrogen generation. He said: "Moving forward in our relationship with Linde to new regions of the world reflects the significant performance advantages of our approach to supplying pure hydrogen to a large and growing market. This proven technology will help to support Linde's important strategic focus on the power generation market, especially in high-demand environments in Europe and throughout South America."
About Linde Gas
The Linde Gas Division, located in Pullach, Germany, is one of the leading gas suppliers worldwide, and generated sales of more than $5.6 billion in 2005. It is now the Linde Group's largest division, employing 17,800 people. Linde Gas supplies 1.5 million customers in 55 countries with very comprehensive know-how in various applications, extensive services and the surrounding hardware. For more information, please see Linde Gas online at http://www.linde-gas.com
About Proton Energy
Proton Energy Systems, Inc., a subsidiary of Distributed Energy Systems Corp., is a world leader in the development and manufacturing of Proton Exchange Membrane (PEM) on-site hydrogen generators. Proton's HOGEN(R) hydrogen generators are used worldwide to supply hydrogen for industrial processes such as power plant generator cooling, materials processing, semiconductor manufacturing, fuel cell fueling, chemical reactions and laboratory analysis. For more information, please visit http://protonenergy.com.
