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IDA Idatech

6.50
0.00 (0.00%)
23 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Idatech LSE:IDA London Ordinary Share GB00B1WTNQ84 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 6.50 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Deployment Of Fuel Cells

14/04/2010 7:00am

UK Regulatory



 

TIDMIDA 
 
RNS Number : 1363K 
IdaTech PLC 
14 April 2010 
 

 
 
 
For Immediate Release 
                                                 14 April 2010 
 
 
 
 
 
  IdaTech And Cascadiant Announce A Deployment Of Advanced Fuel Cell Technology 
                      With Hutchison Telecom In Indonesia 
 
IdaTech plc (AIM: IDA) a global leader in the development and manufacture of 
clean and reliable PEM fuel cell products for critical backup power markets, in 
conjunction with its partner Cascadiant Inc. and Indonesian wireless operator PT 
Hutchison CP Telecommunications (HCPT), are pleased to announce a deployment of 
the latest generation of hydrogen backup power fuel cell systems throughout the 
Indonesian island of Sumatra. 
 
IdaTech's partner Cascadiant has been awarded the contract to install and 
support the ElectraGen(TM) H2 fuel cell systems. This order confirms the value 
proposition of backup power fuel cell systems and demonstrates the growing trend 
of telecom service providers to support and promote more eco-friendly 
initiatives including the reduction of telecom sector emissions, lowering energy 
consumption and the overall carbon footprint. 
 
Harol Koyama, CEO of IdaTech, commented, "We are delighted to be working with 
Cascadiant to supply ElectraGen(TM) fuel cell systems for the Indonesian market. 
This agreement is an exciting sign of the times to come. Indonesia is a very 
attractive wireless market because of its large population and will undoubtedly 
require more solutions such as these fuel cell systems to support the operations 
of mobile products as they become more popular. With an experienced local 
partner like Cascadiant that is dedicated to identifying and promoting more 
sustainable means of energy within its solutions, IdaTech sees this as a 
significant win," Koyama said. 
 
According to Marshall Towe, President and CEO of Cascadiant, "We're extremely 
pleased to play a leading role in furthering the use of cleaner fuel cell 
technology in Indonesia. This denotes a solid acceptance in the belief that 
greener technology is truly the wave of the future in ensuring the protection 
and functionality of telecom services in dire situations." He continued by 
saying, "We applaud Hutchison for their forward looking endorsement of this 
technology and we believe that it is a milestone in achieving mass adoption of 
fuel cell products as viable replacements for generators and batteries." 
 
 
 
Telecommunications networks require reliable backup power solutions that can 
operate for several hours or days when electricity is no longer available due to 
severe weather, natural disasters, or grid quality.  IdaTech's ElectraGen(TM) 
fuel cell systems were developed specifically to provide critical backup power 
to the telecom market when loss of grid occurs. These fuel cell systems are 
fueled directly by hydrogen or by using IdaTech's proprietary fuel reformer 
process that converts liquid fuel, methanol & water, into hydrogen gas to power 
the unit. 
 
About IdaTech 
IdaTech plc is an advanced fuel cell products company which is operationally 
headquartered in Bend, Oregon, USA and is listed on AIM with the ticker code 
IDA.  IdaTech designs, develops, and manufactures extended run backup power fuel 
cell products for Telecom applications requiring 100 W to 15 kW of backup power. 
IdaTech's unique PEM fuel cell technology provides solutions for a wide range of 
applications to directly support efforts towards sustainable energy.  IdaTech's 
portfolio of industry-certified fuel cell products are based on the company's 
fuel processing, purification and fuel cell system integration capabilities. 
With the support of strategic partners and customers, the company's extended run 
backup power products are being deployed worldwide for stationary applications. 
 
Additional information may be obtained by contacting the company direct or by 
visiting its website at http://www.idatech.com. 
 
About Cascadiant 
Cascadiant is a venture backed technology solutions company with offices 
throughout Asia and in Portland and Chicago in the USA.  The firm partners with 
best in breed technology companies to deliver value added, integrated solutions 
and hosted services in an environmentally conscious way.  The Cascadiant 
portfolio targets wireless and broadband carriers and includes state-of-the-art 
hydrogen fuel cells, hosted application platforms and advanced software 
solutions. 
 
For further information please contact: 
 
+----------------------------------+----------------------------+ 
| IdaTech plc                      |            +1 541 383 3390 | 
+----------------------------------+----------------------------+ 
| Harol Koyama, Chief Executive    |                            | 
| Officer                          |                            | 
+----------------------------------+----------------------------+ 
| James Cooke, Chief Financial     |                            | 
| Officer                          |                            | 
+----------------------------------+----------------------------+ 
|                                  |                            | 
+----------------------------------+----------------------------+ 
| Numis Securities Limited         |            +44 (0) 20 7260 | 
|                                  |                       1000 | 
+----------------------------------+----------------------------+ 
| Michael Meade                    |                            | 
+----------------------------------+----------------------------+ 
|                                  |                            | 
+----------------------------------+----------------------------+ 
| Buchanan Communications          |       +44 (0) 20 7466 5000 | 
+----------------------------------+----------------------------+ 
| Charles Ryland / Catherine Breen |                            | 
+----------------------------------+----------------------------+ 
|                                  |                            | 
+----------------------------------+----------------------------+ 
| Cascadiant                       |                            | 
+----------------------------------+----------------------------+ 
| Alex Karras                      |           +1 312-770-8888  | 
|                                  | alex.karras@cascadiant.com | 
+----------------------------------+----------------------------+ 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 MSCQXLFFBZFBBBV 
 

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