Proton Motor Power Systems Share Discussion Threads

[encarter] 25/9/2008 10:26

Their cells are proven to work unlike most companies in this field and there's a massive market out there for emission free energy. They are presenting their new emission-free light duty vehicle at the IAA in Germany this week. That's why they've had no trouble getting the funds to proceed to production even in these difficult times. Even Volvo are a share holder so I'm happy to be a part of PPS.

[stud69] 25/9/2008 09:41

This is extremely good news


Roundstone is the investment vehicle of one of the directors who is putting in £2m IN THIS MARKET at 45% premium to the market

I understand that the new CEO is a specialist in the Uninterruptible Power Supply market which is what they have developed a markettable and long term commercial solution for

This should see the share price go to at least 15p short term, from its start at 6.5p price this am, and significantly more in the medium term IMHO

[encarter] 25/9/2008 09:17

I have the knack of backing the winners most of the time. A little bit of luck but mostly research. I expect these to go to 10p bid over the next couple of weeks so still worth putting a few quid in imho, then it's sit and wait for the orders.

[8trader] 25/9/2008 08:59

Well done encarter, you have waited a while for this one to come good.

[encarter] 25/9/2008 07:58

Remember these floated at 80p less than 2 years ago.

[encarter] 25/9/2008 07:55

Lack of funds was the only thing holding these back, they now have the cash to move into production and at 10p a share, nice.

[encarter] 16/9/2008 07:27

Great news today and more press

[encarter] 01/9/2008 16:01

Alternative energy makes good news stories and will get plenty of press for PPS.

[cliley454] 01/9/2008 09:17

Zemship

The ship billed as the first fuel cell-powered passenger vessel in the world took its maiden voyage today in Hamburg, Germany.
The zero-emissions boat, dubbed the ZemShip, is expected to operate in a
test mode until later this year. At that time, the city plans to allow passengers to ride the ship on the Alster and Elbe rivers.
The fuel cell system was developed by Proton Motor, a wholly-owned subsidiary of Puchheim, Germany-based Proton Power Systems (LSE: PPS.L). Proton now plans to leverage the experience to break into a significant market for clean-running boats, CEO Thomas Melczer told the Cleantech Group today.
"The market for small tourist ships is quite large in Hamburg, London, Amsterdam, Dubai, everywhere," Melczer said. "There's interest in Europe for these ships, especially in lakes that supply drinking water where you don't want diesel engines running.
It's too early to determine the price tag for the company's fuel cell-powered ships, said Joachim Kroemer, sales director of Protus.
"We expect to begin discussions soon with potential customers, and the price strongly depends on how many systems will be produced," Kroemere said. "We'll try to get five-to-10 of these systems developed in the same time frame, and then we will be able to get a 50 percent cost reduction."
Proton is also exploring the use of the fuel cell technology for small pickup trucks, buses, forklifts and stationary power systems, Melczer said. The company is working with Wilhelm Karmann to build a zero-emission, light-duty commercial vehicle.
Those systems could use lithium ion, nickel metal hydride or nickel cadmium batteries, but Proton was restricted to using a lead acid gel battery for the ship's system because of environmental concerns.
A software system will manage the power supply to make the ship about twice as fuel-efficient as a standard diesel ship, Kroemere said. The ultracapacitor will work during peak demand, while the lead gel battery will be used for lower energy demands. The two 48-kilowatt fuel cells will drive the ship during the majority of its journey, Kroemere said. Germanischer Lloyd has certified the system for maritime operation.
The system is designed to use 50 kilograms (110 pounds) of gaseous hydrogen to operate for three, 8-hour days, Kroemere said.
A new, hydrogen fueling station installed by German hydrogen manufacturer Linde Group will supply the ship with its main source of fuel.
The ZemShip resulted from a two-year consortium of companies and government agencies, including the European Union, which contributed €2.4 million to develop and operate the ship through 2010.

[loweee] 30/8/2008 11:03

Two year trial, its a long way from commercial reality, this will need further fund raising in due course diluting share holder value. Much better plays elsewhere.

[encarter] 30/8/2008 07:48

and here's the system.

[encarter] 29/8/2008 17:00

You could buy at 6p this morning but i trade over the phone so not sure what you can get online.

Here's a picky of the beast.

[8trader] 29/8/2008 16:17

5-7.5p online dont help.

[stud69] 01/5/2008 08:50

Placing of up to £3m announced today at 10p a share no underwriting and a 50% increase in raising, this time so the money must be in the bag which under current market conditions is good news I guess

[m.t.glass] 21/4/2008 07:11

RNS Number:7110S
Proton Power Systems PLC
21 April 2008

Press Release 21 April 2008


Proton Power Systems plc

("Proton Power" or "the Company")


Proton enters partnership with major auto engineering company

Proton Power Systems plc (AIM: PPS), a leading designer, developer and producer
of fuel cells and fuel cell electric hybrid systems for the "back to base"
market, today announces that its wholly owned subsidiary, Proton Motor Fuel Cell
GmbH ("Proton Motor"), has signed a framework contract with AVL List GmbH, a
leading Austrian automotive engineering company, to collaborate on the
development of fuel cell hybrid systems and related measurement technology.

Under the contract Proton and AVL will share their expertise in engineering and
simulation, improving the overall customer benefit. AVL and Proton Motor intend
to co-operate very closely in the partnership, where AVL will serve as the
powertrain engineering and measurement technology provider while Proton Motor
will be the proton exchange membrane (PEM) fuel cell system provider. The
contract establishes the formal basis for the expected joint activities of the
two companies and will accelerate the offer and order procedure, as well as
setting the parameters for intended project contracts. The framework contract
will last for three years, with the option to extend.

AVL has been active in the development of hybrid drives for over 15 years and is
amongst the leading companies promoting and integrating hybrid systems into
various types of vehicles. More specifically, the "back to base" applications
targeted by Proton Motor - such as materials handling, utility vehicles and mass
transport can be commercialised at an early stage as they do not depend on the
existence of a ubiquitous hydrogen infrastructure. As an example of such an
application, Proton Motor unveiled in September 2007 the world's first "
triple-hybrid" forklift truck incorporating a supercapacitor and battery into an
intelligent fuel cell system.

AVL sees the hybrid as an undisputed, emerging technology in the vehicles
market, as is evident in the product development strategies of all major
automobile manufacturers. Moreover hybrids involving fuel cell systems are
particularly suited for special on-road and off-road applications as has been
shown by Proton already. AVL is therefore delighted to be working with Proton
Motor to further develop this important technology for mobile applications.

Felix Heidelberg, CEO of Proton Power Systems plc, said: "We are proud to be a
partner of such an established and well known name in the automotive industry;
the partnership is a testament to the success of the Proton Power team in
establishing our technical credentials. AVL's commitment clearly affirms us as a
leading developer of hybrid vehicle systems. With the joint framework now in
place, we look forward to accelerating the conversion of our numerous business
leads into purchase orders in the immediately foreseeable future."


- Ends -

[jonwig] 11/4/2008 11:48

I don't recall ever reading before of a company which announces on day 1 that it probably has no funds left, and on day 2 a long term contract which won't be profitable in the forseeable future.

I hope Karmann know what they are into.

[m.t.glass] 11/4/2008 07:57

RNS Number:1300S
Proton Power Systems PLC
11 April 2008

Press Release 11 April 2008

Proton Power Systems plc

("Proton Power" or "the Company")

Proton and Karmann to build zero-emission commercial vehicle


Proton Power Systems plc (AIM: PPS), a leading designer, developer and producer
of fuel cells and fuel cell electric hybrid systems for "back to base" markets,
is pleased to announce that its wholly owned subsidiary, Proton Motor Fuel Cell
GmbH ("Proton Motor"), has signed a memorandum of understanding ("MoU") with
Wilhelm Karmann GmbH ("Karmann"), a leading supplier of full-service vehicles
operating worldwide, to build a zero-emission, light-duty commercial vehicle.

Karmann and Proton Motor intend to collaborate in the 'Ecocarrier' project, a
vehicle designed by EcoCraft Automotive, in which Karmann will build the vehicle and its electrical propulsion system, while Proton Motor will deliver the fuel cell hybrid system. The project aims to deliver a zero-emission vehicle to customers such as small businesses, local communities, airports, and postal and delivery services, and to collect information on the operation of such vehicles.
The Ecocarrier range will be based on a new frame and electrical drive concept from EcoCraft Automotive, built by Karmann, and an electric fuel cell hybrid system built by Proton Motor.

Proton Motor and Karmann intend to collaborate for the long term and to extend
this agreement after 2013 on terms based on the results of the cooperation
reached by that stage.

Felix Heidelberg, CEO of Proton Power Systems plc, said: "We are delighted to
collaborate with Karmann. We both see this project as a starting point for more joint business in the area of fuel cell hybrid commercial vehicles. Drawing from experiences of both companies, Proton Power will be well-positioned to develop and commercialise sustainable technical solutions for our target markets and to generate new projects and contracts. We are looking forward to a long-standing and fruitful cooperation".



- Ends -



For further information:

Proton Power Systems plc
Felix Heidelberg, CEO Tel: [phone]
[e-mail] www.protonpowersystems.com

Noble & Company Limited
Andy Yeo / Nick Athanas Tel: [phone]
www.noblegp.com

Media enquiries:
Abchurch Communications Limited
Justin Heath / Monique Tsang Tel: [phone]
[e-mail] www.abchurch-group.com



About Proton Power Systems plc

Proton Power Systems plc is a developer of fuel cells and fuel cell hybrid
systems for motive and back-up power supply. Proton Power has more than 13 years
of experience in the fuel cell market. Through its wholly owned subsidiary,
Proton Motor Fuel Cell GmbH, the Company has developed and produced a fuel cell
module running on hydrogen and integrated this with an energy storage system to
create a hybrid electric fuel cell system. The system harnesses the excess power
generated by the fuel cell during partial load (such as stop-start operations)
and uses the stored energy in peak demand times. The system thus boasts lower
fuel consumption and more consistent levels of power delivery than conventional
combustion engine or fuel cell-only systems, in addition to producing zero
harmful emissions.

Proton Power's market focus lies in industrial applications where 'back-to-base'
refuelling occurs at the end of each shift or work period, such as in the
materials handling and mass transportation sectors. In these markets, the
commercialization of applications is possible at a very early stage, as they do
not depend on the existence of a ubiquitous hydrogen infrastructure. Through
partnerships with leading OEMs such as Skoda, Proton Power's technology is
already deployed in city buses and forklift trucks.

Proton Power also targets the upcoming market for marine transportation
applications and provides the hybrid fuel cell propulsion system for Europe's
first fuel-cell-powered passenger ferry, which will be operating in Hamburg from
summer 2008.

Proton Power Systems plc was admitted to trading on AIM on 31 October 2006 and
is based in the UK. Its operating subsidiary, Proton Motor Fuel Cell GmbH, is
located in Puchheim, near Munich, Germany.

www.protonpowersystems.com



About Wilhelm Karmann GmbH and the 'Ecocarrier'

As a full-service vehicle supplier, Karmann supplies the international
automotive industry with ideas, new solutions, products and production plants.
For more than 100 years, their knowledge from modules to complete vehicles has
made them partners with the great names in the industry.

As a contract manufacturer, Wilhelm Karmann GmbH is building one of the world's
first fully electric small utility vehicle for EcoCraft Automotive, based at
Wunstorf (near Hanover). This range of vehicles, called EcoCarrier, can provide
transport and delivery independent of traffic bans related to smog or
particulate matter. For the current year, a production of 500 units is planned
to be built at Karmann's Osnabrueck facility. EcoCraft Automotive was in charge
of the serial development of the vehicle branded EcoCarrier. The concept
provides for a two-axle fully electric vehicle as well as a three-axle with a
hybrid powertrain system. Energy for the "small" vehicle is currently derived
from a mobile storage system with globally available standard batteries. In the
future, fuel cells will power the vehicle. The "larger" EcoCarrier features an
additional gasoline or diesel-operated engine powering the third axle, extending its range substantially. The target group for the EcoCarrier includes small businesses, catering and health care services, local communities, airports, postal and delivery services. The vehicle is distributed by 16 retail partners, and directly by EcoCraft Automotive in Wunstorf.

www.karmann.com

[humbugg] 10/4/2008 16:35

not prepered to lend them the other 1m loan, this looks very bad. these have been on my watchlist for a while now. wont be going anywhere near them. looks like a screaming short down to nothing..bust.

[jonwig] 10/4/2008 14:32

Placing @ 10p after breach of loan covenants.
The weakness of the share price last month intrigued me, and I knew they would need funding pdq.
Hard to see an investment case for this company, even at 10p.

[don muang] 01/2/2008 09:06

jonwig... thanks for a sensible post .... got my eye on one of your mentioned stocks ..... but won't say which one otherwise the resident village person will be popping up to trash it ....

[jonwig] 01/2/2008 08:37

Don - missed the last few posts (ie. since September!).
I'm in two minds about sponsored research - on the positive side it does give you the story as the company sees it (over and above RNS announcements), on the negative side you just have to ignore the optimistic bias.

I keep a watch on all the fuel cell plays on AIM, and recent share price performance has been pretty similar (except CWR). Yet just about all of them might have big potential in their chosen markets.

CMF and CFU are priced to fail and could surprise; ACTA and IDA are already into commercialisation, though still lossmaking - these are the two I'd be most likely to buy if the market conditions were a bit better.

[don muang] 01/2/2008 08:29

>fillyourboot - 1 Feb'08 - 08:23 - 42 of 42

now I recognise that style of posting .... I notice that you haven't plugged your all time favorite share ( RGY ) recently but can't you really find anything better to do now that you've broken all you Xmas toys ...... your additional chosen avitar of 'fillyourboot' really sums it up doesn't it .....

I filtered asparks because of the churlish offtopic comments .... now I can happily add fillyourboot as well to filter .....

PS: I suppose, by tradition, every village has to have one.