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Hydrogenics Awarded Six Orders for Onsite Hydrogen Generation Units
By: Company - Friday, March 7, 2008
Source: Hydrogenics
Hydrogenics Corporation (Toronto:HYG.TO)(NasdaqGM:HYGS), 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.
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