Mar 05, 2008 07:00 ET
Hydrogenics Awarded Six Orders Valued at $11.6 Million for Onsite Hydrogen Generation Units
HySTAT hydrogen generation systems to deliver onsite/on demand high purity hydrogen for industrial applications
MISSISSAUGA, ONTARIO--(Marketwire - March 5, 2008) -
Hydrogenics Corporation (TSX:HYG)(NASDAQ:HYGS), today announced it has received orders from customers in China, Eastern Europe and the United Arab Emirates with an aggregate value of $11.6 million. The HySTAT hydrogen generation systems will be used to deliver high purity hydrogen onsite for metallurgical processing, microelectronics manufacturing and preparation of nuclear fuel for shipment to power generation reactors throughout Europe. These orders are anticipated to be delivered within a twelve month period.
"A significant factor in capturing these sales was the high quality and strong operating track record for our HySTAT hydrogen generation systems deployed throughout Eastern Europe. By using our HySTAT hydrogen generation system, customers can enjoy reliable hydrogen generation, produced on site and on demand. We are very pleased to see continuing growth in this market area based on our reputation for quality, service and reliability" said Daryl Wilson President and Chief Executive Officer of Hydrogenics Corporation.
* The novelist George Eliot once said that "it is never too late to become what you might have been." That quote inspires me to seek those investments in the future that I didn't in the past.
Green Leaf Innovations, Inc. Expands International Presence with New Partnership in Dubai • GRLF • Jun 24, 2024 8:30 AM
Bemax Inc. Positions to Capitalize on Industry Growth with New Improved Quality of Mother's Touch® Disposable Diapers • BMXC • Jun 24, 2024 8:00 AM
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM