PTX Protonex Regs

 

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RNS Number : 0447Z 
Protonex Technology Corporation 
15 September 2009 
 

 
 
 
 
 
 
FOR IMMEDIATE RELEASE 
 
 
15 September 2009 
 
 
 
 
PROTONEX TEAMS WITH CUMMINS to JOINTLY PROMOTE FUEL CELL power solutions 
 IN 
THE RECREATIONAL VEHICLE INDUSTRY 
 
 
DATELINE: SOUTHBOROUGH, MA; Protonex Technology Corporation (LSE: AIM: PTX and 
PTXU), a leading provider of advanced fuel cell power systems, today announced 
that it has partnered with Cummins Onan, a business group of Cummins Inc. (NYSE: 
CMI), a global leader in power generation and distribution, to cooperate in 
the promotion of advanced fuel cell power solutions into the recreational 
vehicle (RV) market. 
 
 
Under the terms of the agreement, Protonex and Cummins Onan plan to jointly 
conduct rigorous field testing of the Protonex M250-B fuel cell power 
system within RVs and Cummins will provide Protonex with selected marketing 
assistance at trade shows and other related events.In addition, Cummins is in 
the process of becoming a certified installer of Protonex fuel cell systems 
developed for RVs.  The resulting testing, certification and promotional 
efforts are expected to facilitate the delivery of Protonex fuel cell power 
solutions to the RV market. 
 
 
"Protonex is very pleased to have been selected by Cummins as a partner for 
providing advanced fuel cell power solutions to the RV market," stated Scott 
Pearson, CEO of Protonex. "Teaming with the global industry leader in commercial 
mobile power generation will have a significant impact on our ability to reach 
the RV market and will enable us to broaden the accessibility of fuel cell power 
solutions to consumers and the commercial mobile market." 
 
 
Ed Pickens, RV Marketing Manager for Cummins Power Generation added, "We look 
forward to working with Protonex to explore applications for fuel cell 
technology in the RV market.  As the RV market evolves, we see a role for fuel 
cells as a solution for mobile power needs." 
 
 
Protonex plans to display its M250-B fuel cell power system in the Cummins Onan 
Booth (Booth H) at the 41st Annual Pennsylvania RV and Camping Show - one of 
America's largest RV shows - 16-20 September, 2009. 
 
 
The M250-B power system leverages breakthrough advances in fuel cell and hybrid 
power technology developed by Protonex. The proprietary technology blends the 
advantages of a fuel cell power generator with conventional hybrid batteries. 
The M250-B runs on safe, clean, biodegradable methanol fuel. The system is 
configured to seamlessly integrate with existing power components typically 
found in an RV, including deep cycle batteries, generators, inverters, chargers, 
solar panels and alternators. 
 
 
 
 
- ENDS - 
 
 
Enquiries 
Protonex Technology CorporationTel: +1 508 490 9960 
Scott Pearson, Chief Executive Officer 
Margaret Dorsheimer, Director of Marketing 
 
 
Redleaf Communications Limited Tel: +44 (0)20 7566 6700 
Press and Investor Relations protonex@redleafpr.com 
Samantha Robbins 
Paul Dulieu 
 
 
Piper Jaffray Ltd.  Tel: +44 (0)20 3142 8700 
Nominated Adviser 
Michael Covington 
James Steele 
 
 
 
 
Notes to Editors 
 
 
About Protonex Technology Corporation 
www.protonex.com 
Protonex Technology Corporation develops and manufactures compact, lightweight 
and high- performance fuel cell systems for portable power applications in the 
100 to 1000 Watt range. The Company's fuel cell systems are designed to meet the 
needs of military, commercial and consumer customers for off-grid applications 
underserved by existing technologies by providing customizable, stand-alone 
portable power solutions and systems that may be hybridized with existing power 
technologies. The Company is headquartered in Southborough, Massachusetts. 
 
 
About Cummins Onan 
www.cumminsonan.com 
Cummins Onan Generators is a brand of Cummins Power Generation, a subsidiary of 
Cummins Inc. Cummins Inc. (NYSE: CMI), a global leader that manufactures, 
distributes and services engines, fuel systems, controls, air handling, 
filtration, emission solutions and electrical power generation. Headquartered in 
Columbus, Indiana, (USA) Cummins serves customers in more than 160 countries 
through its network of 550 company-owned and independent distributor facilities 
and more than 5,000 dealer locations. The Cummins Onan brand is found on 
generators and products manufactured for the RV, marine, commercial, residential 
and portable generator markets. Press releases can be found on the web at 
www.cumminsonan.com. 
 
 
 
 
This announcement includes statements which are, or may be deemed to be, 
"forward-looking statements". All statements other than statements of historical 
facts included in this announcement, including, without limitation, those 
regarding Protonex' financial position, business strategy, plans and objectives 
of management for future operations (including development plans and objectives 
relating to Protonex' products and services) are forward-looking statements. By 
their nature, such forward-looking statements involve known and unknown risks, 
uncertainties and other important factors that could cause the actual results, 
performance or achievements of Protonex to be materially different from future 
results, performance or achievements expressed or implied by such 
forward-looking statements. These factors include but are not limited to those 
described in the Admission Document issued in connection with the Company's 
admission to AIM. 
 
 
Forward-looking statements may and often do differ materially from actual 
results. Any forward-looking statements in this announcement speak only as at 
the date of this announcement and are subject to risks relating to future events 
and other risks, uncertainties and assumptions relation to Protonex' operations, 
results of operations, growth strategy and liquidity. 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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