29th Jun 2010 07:00
29 June 2010
Ceramic Fuel Cells licences its patented solid oxide fuel cell coatings to NexTech Materials
Ceramic Fuel Cells Limited (AIM/ASX: CFU) - a leading developer of high efficiency and low emission electricity generation units for homes and other buildings - today announced that it has entered a licence agreement with USA-based NexTech Materials, Ltd for NexTech to commercially offer solid oxide fuel cell interconnect coating solutions based on Ceramic Fuel Cells' patented formulations.
Ceramic Fuel Cells has patented a technology which protects metal interconnect plates from chromium poisoning. This solution, which Ceramic Fuel Cells uses in its own fuel cell products, is useful for other developers of solid oxide fuel cells.
Based in Ohio, NexTech Materials is a leading provider of technology solutions for the solid oxide fuel cell market. NexTech's customers are located in more than 35 countries and include fuel cell researchers, developers and manufacturers.
Ceramic Fuel Cells will receive a royalty from NexTech Materials' sales, creating an additional revenue stream from Ceramic Fuel Cells' existing intellectual property.
Ceramic Fuel Cells has developed a Fuel Cell Interconnect Device which provides a protective coating for cathodes in solid oxide fuel cells and other electrochemical devices. The company has been granted patents on the invention in the United States, Japan, Europe (France, Germany, Italy and the United Kingdom), Australia and New Zealand.
Ceramic Fuel Cells has granted NexTech Materials a worldwide licence to use this patented coating technology to provide products and services to solid oxide fuel cell developers and manufacturers.
A joint press release with NexTech Materials is available at www.cfcl.com.au.
ENDS
For further information please contact:
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Ceramic Fuel Cells |
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Andrew Neilson |
Tel: +61-3 9554 2300 |
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Email: [email protected] |
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Nomura Code Securities (AIM Nomad) |
Tel: +44 (0) 207 776 1200 |
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Juliet Thompson / Chris Golden |
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Australia Media enquiriesRichard Allen, Oxygen Financial Public Relations |
Tel: +61-3 9915 6341 |
About Ceramic Fuel Cells Limited
Ceramic Fuel Cells Limited is a world leader in developing fuel cell technology to provide highly efficient and low-emission electricity from widely available natural gas. Ceramic Fuel Cells is developing fully integrated power and heating products with leading energy companies E.ON UK in the United Kingdom, GdF Suez in France and EWE in Germany. The company has sold BlueGen units to major utilities and other foundation customers in Germany, the United Kingdom, Switzerland, The Netherlands, Japan and Australia.
Ceramic Fuel Cells is listed on the London Stock Exchange AIM market and the Australian Securities Exchange (code CFU).
www.cfcl.com.au
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