ReliOn is committed to keeping you informed about important
developments in its fuel cell technology and commercialization.
| ReliOn Secures "C" Round Financing |
April 28, 2008 |
| Emerson Network Power and ReliOn Reach Agreement That Adds Fuel Cell Products and Technologies to a Platform of Backup Power Solutions for Communication Networks |
February 11, 2008 |
| ReliOn
Ships a Million Watts of Fuel Cells |
Dec
18, 2007 |
| ReliOn
Fuel Cells Complete UL Certification |
Mar
27, 2007 |
| ReliOn
Fuel Cells Achieve CSA Approval |
Nov
28, 2006 |
ReliOn
Announces Three New International Distributors |
Nov
21, 2006 |
ReliOn
Fuel Cells Complete NEBS Level 3 Compliance Testing |
Nov
9, 2006 |
ReliOn
Fuel Cells Achieve CE Certification |
Oct
3, 2006 |
| Dr.
David Edlund Joins ReliOn Staff |
May
9, 2006 |
| ReliOn
Adds Marcos Villanueva as VP International Development |
Apr
20, 2006 |
| ReliOn
Adds Scott Fox to Board of Directors |
Apr
6, 2006 |
| ReliOn
Introduces T-1000 and T-2000 Hydrogen Fuel Cells |
Apr
5, 2006 |
| ReliOn News
Archive - News Prior to 2006 |
|
FOR IMMEDIATE
RELEASE
Monday, April 28, 2008 ReliOn Secures "C" Round Financing
Spokane, Wash.: ReliOn, the leading provider of high-reliability fuel cell solutions for backup power applications, announced today that it has secured an additional U.S. $23 million in equity financing as a result of Series C funding activities. ReliOn welcomed two new investors into the C round: the PCG Clean Energy & Technology Fund, LLC of La Jolla, California, and Robeco Clean Tech Private Equity II (“Robeco”) of Rotterdam, Netherlands.
The PCG Clean Energy & Technology Fund and Robeco join a strong syndicate of existing investors in ReliOn, including Oak Investment Partners, Enterprise Partners Venture Capital, Wall Street Technology Partners, Chrysalix Energy Venture Capital, Buerk Dale Victor, and ReliOn’s former parent corporation, Avista Corp.
With the completion of this Series C financing, Jasandra Nyker, Vice President of the PCG Clean Energy & Technology Fund, will join ReliOn’s Board of Directors. Ms. Nyker manages the co-investment activities of the PCG Clean Energy & Technology Fund. She will bring extensive investment experience, particularly in the international markets, and her contribution to ReliOn’s Board will be further bolstered by the strong investment platform of PCG Asset Management who oversees private equity commitments of approximately $15 billion through a combination of fund-of-funds, separate accounts and advisory relationships. Ms. Nyker commented, “ReliOn represents a unique opportunity to invest in an alternative energy enterprise with substantial current market opportunities in worldwide backup power markets that are seeking new and superior technologies.”
Rhea Hamilton, Senior Investment Manager of Robeco will be an observer to ReliOn’s Board of Directors. Her strength in international growth will provide valuable guidance, as well as Robeco’s global fund management leadership, with assets exceeding $213 billion. Ms. Hamilton remarked, “Robeco is excited to work with ReliOn as it increases its commercial traction and deployments of its fuel cell products into the global marketplace.”
“We are pleased to welcome the PCG Clean Energy & Technology Fund and Robeco, along with the current investors in supporting ReliOn through it’s continued growth as a maturing fuel cell enterprise,” stated Mike Sherman, Managing Director of Chrysalix Energy Venture Capital and Chairman of the Board for ReliOn.
ReliOn President and CEO, Gary Flood stated, “We are very pleased with the completion of this Series C financing, and look forward to the added skills that the PCG Clean Energy & Technology Fund and Robeco will bring to an already strong ReliOn Board of Directors. Jasandra Nyker and Rhea Hamilton are excellent additions to our team, bringing significant international contacts and understanding of our global market focus.”
The Series C funding will be used to accelerate the sales and marketing of its fuel cells, and continued technology innovation and development for future product technologies and applications.
About ReliOn:
ReliOn is a leader in the development and marketing of modular Proton Exchange Membrane (PEM) fuel cell products. The company markets commercially available fuel cell products using its patented Modular
Cartridge Technology®. ReliOn products are available domestically and internationally for commercial and industrial backup applications in the 300-Watt to 12-kilowatt range. ReliOn fuel cells are certified to multiple safety and performance standards. www.relion-inc.com .
ReliOn’s Investors:
PCG Clean Energy & Technology Fund www.pcgfunds.com/amhome.html
Robeco www.robeco.com
Oak Investment Partners www.oakvc.com
Enterprise Partners Venture Capital www.epvc.com
Wall Street Technology Partners LP www.wallstreettp.com
Chrysalix Energy Venture Capital LP www.chrysalix.com
Buerk Dale Victor, LLC www.bdvllc.com
Avista Corp. www.avistacorp.com
This press release contains "forward-looking statements." These forward-looking statements involve
known and unknown risks, uncertainties, and other factors, which may cause ReliOn’s actual results, performance, or achievements to be materially different from any future results, performance or achievements express or implied by such forward-looking statements. The forward-looking statements made in this press release are based on assumptions and judgments of management regarding future events and results. These assumptions and judgments may prove to be inaccurate as a result of a number of factors, many of which are beyond ReliOn’s control, and its actual results may differ materially from the results contemplated in these forward-looking statements.
[Back to Top]
FOR IMMEDIATE
RELEASE
Monday, February 11, 2008 Emerson Network Power and ReliOn Reach Agreement That Adds Fuel Cell Products and Technologies to a Platform of Backup Power Solutions for Communication Networks
Warrenville, Illinois (February 11, 2008) –Emerson Network Power, a business of Emerson (NYSE: EMR) and the global leader in enabling Business-Critical Continuity™, today announced an agreement with ReliOn that will add ReliOn’s industry-leading fuel cell products to the Emerson suite of NetXtend™ Integrated Enclosure Solutions for backup power.
ReliOn is the leading provider of high-reliability fuel cell solutions for backup power applications. Its hydrogen fuel cell products are designed specifically to provide reliable, low maintenance backup power for the telecommunications, utility and government sectors.
Under the agreement, Emerson Network Power will integrate ReliOn products into its NetXtend brand of outside plant enclosures. The arrangement adds an alternative energy product series for Emerson Network Power, delivers greater customer reach for ReliOn, and allows the two companies to continue to explore new ways to integrate ReliOn fuel cell technology into Emerson Network Power’s product line. A comprehensive suite of Emerson Network Power engineering, installation and support services will be offered for ReliOn products integrated with the NetXtend Fuel Cell Series of enclosures and backup power.
“This agreement with ReliOn gives us even greater flexibility in designing backup power solutions that meet the changing needs of our customers,” said Manish Bhandari, vice president and general manager, Outside Plant Business, Emerson Network Power. “While traditional battery backup remains a critical part of the existing IT and telecommunications infrastructure and is central to our business, industry changes, including the FCC eight-hour mandate, are driving the need for alternative sources of backup power.”
Bhandari pointed to the ongoing move of critical telecommunications equipment away from the Central Office to the Outside Plant, often in locations where batteries are somewhat impractical. “Fuel cells can fill some of those gaps,” he said.
“Our fuel cell solutions provide a natural complement to Emerson Network Power’s existing product line,” said Gary Flood, president and chief executive officer of ReliOn. “As the industry landscape changes, the capabilities and characteristics of fuel cells become increasingly relevant to a growing number of potential customers. Working together with Emerson Network Power, we believe we can provide a comprehensive suite of backup power solutions to meet the needs of those customers.”
About Emerson Network Power:
Emerson Network Power, a business of Emerson (NYSE:EMR), is the global leader in enabling Business-Critical Continuity(TM). Preparing customers for high-stakes opportunities and threats, Emerson Network Power provides reliable power, precision cooling, connectivity and embedded solutions for computer, communications, healthcare and industrial systems. Backed by the largest global services organization in the industry, Emerson Network Power offers network reliability programs encompassing engineering, installation, project management and support services. For more information on the full spectrum of enterprise-wide solutions from Emerson Network Power, visit www.emersonnetworkpower.com.
About Emerson:
Emerson (NYSE: EMR), based in St. Louis, is a global leader in bringing technology and engineering together to provide innovative solutions to customers through its network power, process management, industrial automation, climate technologies, and appliance and tools businesses. Sales in fiscal 2007 were $22.6 billion. For more information, visit www.emerson.com.
[Back to Top]
FOR IMMEDIATE
RELEASE
Tuesday, December 18, 2007 ReliOn
Ships a Million Watts of Fuel Cells
Spokane, Wash.: ReliOn, the leading provider of high reliability
fuel cell solutions for backup power applications, today announced
it has crossed a major milestone in its commercial sales efforts. ReliOn has shipped more than one million Watts worth of fuel cell product to customers.
ReliOn’s hydrogen fuel cell products provide highly reliable, low maintenance backup power for customer sites needing between 600 Watts and 12 kilowatts of power. The company has been shipping commercial product since 2004. The milestone equates to over four hundred commercial customer sites.
“ReliOn reached the megawatt milestone near the end of November. We will exceed 1.3 million Watts delivered by year end. ReliOn is very pleased to work with our customers in meeting their goals of providing robust and reliable communications services,” remarked Joe Blanchard, ReliOn’s Vice President, Product Line Management.
ReliOn’s current products, the T-1000® and T-2000™ fuel cell systems, are designed specifically for telecommunication applications and are certified to UL, CSA, CE, NEBS Level 3 and FCC standards.
About ReliOn:
ReliOn is a leader in the development and marketing of modular
Proton Exchange Membrane (PEM) fuel cell products. The company
markets commercially available fuel cell products using its
patented Modular Cartridge Technology®. ReliOn products
are available domestically and internationally for commercial
and industrial backup applications in the 600-Watt to 12-kilowatt
range. ReliOn fuel cells are certified to multiple safety and
performance standards. www.relion-inc.com. ReliOn's
Investors:
Oak Investment Partners www.oakvc.com
Enterprise Partners Venture Capital www.epvc.com
Wall Street Technology Partners LP www.wallstreettp.com
Chrysalix Energy LP www.chrysalix.com
Buerk Dale Victor, LLC www.bdvllc.com
Avista Corp. www.avistacorp.com
This press release contains "forward-looking statements." These
forward-looking statements involve known and unknown risks,
uncertainties, and other factors, which may cause ReliOn's actual
results, performance, or achievements to be materially different
from any future results, performance or achievements express
or implied by such forward-looking statements. The forward-looking
statements made in this press release are based on assumptions
and judgments of management regarding future events and results.
These assumptions and judgments may prove to be inaccurate as
a result of a number of factors, many of which are beyond ReliOn's
control, and its actual results may differ materially from the
results contemplated in these forward-looking statements.
[Back to Top]
FOR IMMEDIATE
RELEASE
Tuesday, March 27, 2007 ReliOn
Fuel Cells Complete UL Certification
Spokane, Wash.: ReliOn, the leading provider of high reliability
fuel cell solutions for backup power applications, today announced
it has received Underwriters Laboratories, Inc. (UL) certification for its T-1000® and T-2000™ fuel cell solutions. The certification was completed under ANSI/CSA FC 1-2004, Stationary Fuel Cell Power Systems, the most current and comprehensive standard for certification of stationary fuel cell systems.
UL is an independent, not-for-profit product safety testing and certification organization. They have tested products for public safety for more than 110 years and have held the undisputed reputation as a leader in product safety testing and certification within the United States. ReliOn’s fuel cells are the first to receive UL certification under ANSI/CSA FC 1-2004.
“UL certification removes some of the barriers to fuel cell deployment which are encountered as local codes and standards are applied in specific regions. Making it easier for our communications customers who are in the process of rolling out fuel cell technology is important to ReliOn,” remarked Joe Blanchard, ReliOn’s Vice President, Product Line Management.
ReliOn’s hydrogen fuel cell products provide highly reliable, low maintenance backup power for customer sites needing between 600 Watts and 12 kilowatts of power. With this certification, ReliOn has completed third-party safety and performance testing and certification for the T-1000® and T-2000™ fuel cells. Other completed testing and certification organizations include CSA, CE, NEBS Level 3 and FCC.
About ReliOn:
ReliOn is a leader in the development and marketing of modular
Proton Exchange Membrane (PEM) fuel cell products. The company
markets commercially available fuel cell products using its
patented Modular Cartridge Technology®. ReliOn products
are available domestically and internationally for commercial
and industrial backup applications in the 600-Watt to 12-kilowatt
range. ReliOn fuel cells are certified to multiple safety and
performance standards. www.relion-inc.com. ReliOn's
Investors:
Oak Investment Partners www.oakvc.com
Enterprise Partners Venture Capital www.epvc.com
Wall Street Technology Partners LP www.wallstreettp.com
Chrysalix Energy LP www.chrysalix.com
Buerk Dale Victor, LLC www.bdvllc.com
Avista Corp. www.avistacorp.com
This press release contains "forward-looking statements." These
forward-looking statements involve known and unknown risks,
uncertainties, and other factors, which may cause ReliOn's actual
results, performance, or achievements to be materially different
from any future results, performance or achievements express
or implied by such forward-looking statements. The forward-looking
statements made in this press release are based on assumptions
and judgments of management regarding future events and results.
These assumptions and judgments may prove to be inaccurate as
a result of a number of factors, many of which are beyond ReliOn's
control, and its actual results may differ materially from the
results contemplated in these forward-looking statements.
[Back to Top]
FOR IMMEDIATE
RELEASE
Tuesday, November 28, 2006 ReliOn
Fuel Cells Achieve CSA Approval
Spokane, Wash.: ReliOn, the leading provider of high reliability
fuel cell solutions for backup power applications, today announced
it has received ANSI/CSA America certification for its T-1000™
and T-2000™ fuel cell solutions. The certification was
completed under ANSI/CSA FC 1-2004, Stationary Fuel Cell Power
Systems, which is the most current and comprehensive standard
for certification of stationary fuel cell systems.
ReliOn's I-1000® fuel cell is sold under CSA certification
gained in 2003. With the addition of the CSA FC 1 certification
to the T-1000™ and T-2000™, ReliOn is poised to
accelerate deployment of these products into North American
backup power applications.
CSA is a leading provider of international product testing and
certification services. CSA certification assures potential
customers and users that a product has been evaluated by a formal
process involving examination, testing and follow-up inspection,
and that it complies with applicable standards for mechanical,
electrical, hydrogen and software performance and safety. Certifications
such as this, the CE mark and Network Equipment Building Systems
(NEBS) test completion, announced in the past two months, are
key milestones, as they validate the safety and quality standards
by which ReliOn products are designed and manufactured.
"The addition of CSA certification for our latest series
of products provides assurance to our customers that our products
meet the most stringent testing and quality requirements,"
remarked Gary Flood, president and chief executive officer of
ReliOn. "The T-1000™ and T-2000™ are
among a very small number of fuel cell products which have attained
this certification."
ReliOn's hydrogen fuel cell products provide highly reliable,
low maintenance backup power between 600 Watts and 12 kilowatts
to communications applications. ReliOn is completing further
certifications on the T-1000™ and T-2000™ fuel cells
within the United States. About ReliOn:
ReliOn is a leader in the development and marketing of modular
Proton Exchange Membrane (PEM) fuel cell products. The company
markets commercially available fuel cell products using its
patented Modular Cartridge Technology®. ReliOn products
are available domestically and internationally for commercial
and industrial backup applications in the 600-Watt to 12-kilowatt
range. ReliOn fuel cells are certified to multiple safety and
performance standards. www.relion-inc.com. ReliOn's
Investors:
Oak Investment Partners www.oakvc.com
Enterprise Partners Venture Capital www.epvc.com
Wall Street Technology Partners LP www.wallstreettp.com
Chrysalix Energy LP www.chrysalix.com
Buerk Dale Victor, LLC www.bdvllc.com
Avista Corp. www.avistacorp.com
This press release contains "forward-looking statements." These
forward-looking statements involve known and unknown risks,
uncertainties, and other factors, which may cause ReliOn's actual
results, performance, or achievements to be materially different
from any future results, performance or achievements express
or implied by such forward-looking statements. The forward-looking
statements made in this press release are based on assumptions
and judgments of management regarding future events and results.
These assumptions and judgments may prove to be inaccurate as
a result of a number of factors, many of which are beyond ReliOn's
control, and its actual results may differ materially from the
results contemplated in these forward-looking statements.
[Back to Top]
FOR
IMMEDIATE RELEASE
Tuesday, November 21, 2006 ReliOn
Announces Three New International Distributors
Spokane, Wash.: ReliOn, the leading provider of high reliability
fuel cell solutions for backup power applications, today announced
they have signed distribution agreements with Conley Telco,
Precision Power & Air (Caribbean) Limited and EGC International/Unitek
Group.
Conley Telco, with offices in Mexico and Colorado, is responsible
for the distribution of ReliOn fuel cells to telecommunications
customers within Mexico. Conley has begun early deployments
of ReliOn fuel cell systems to two major providers of telecommunications
services within the country thus far.
Precision Power & Air (Caribbean) Limited, located in Trinidad,
is responsible for the distribution of ReliOn's fuel cells within
the eastern Caribbean region. Precision Power completed the
first customer fuel cell installation in Trinidad for the leading
telecommunication service provider on the island. The unit has
already provided coverage during a grid power outage of several
hours, which occurred due to a 6.0 earthquake that happened
in October of this year.
The Unitek Group, headquartered in Fort Lauderdale, Florida,
will provide ReliOn's fuel cells to customers in northern Latin
America, as well as Spain and Portugal. Unitek is a subsidiary
of EGC (Eprotel Group Corporation) and was founded in 1998 in
Miami, Florida. Its objective is to provide solutions of high
technology in the area of electrical protection and provision
of emergency energy. Unitek has offices in Spain, France, Great
Britain, Venezuela, Colombia and Hong Kong as well as Florida.
EGC/Unitek will have permanent fuel cell installations in their
Fort Lauderdale, Florida and Madrid, Spain locations in order
to support customer education and training needs.
"Conley, Precision Power & Air and Unitek EGC are well-respected
providers of communications power solutions in their respective
areas of the world," stated Gary Flood, ReliOn President
and CEO. "ReliOn is confident in their abilities to accomplish
significant market traction for our fuel cell solutions and
is pleased to have the quality and caliber of these firms to
represent our products." About ReliOn:
ReliOn is a leader in the development and marketing of modular
Proton Exchange Membrane (PEM) fuel cell products. The company
markets commercially available fuel cell products using its
patented Modular Cartridge Technology®. ReliOn products
are available domestically and internationally for commercial
and industrial backup applications in the 500-Watt to 12-kilowatt
range. ReliOn fuel cells are certified to multiple safety and
performance standards. www.relion-inc.com. ReliOn's
Investors:
Oak Investment Partners www.oakvc.com
Enterprise Partners Venture Capital www.epvc.com
Wall Street Technology Partners LP www.wallstreettp.com
Chrysalix Energy LP www.chrysalix.com
Buerk Dale Victor, LLC www.bdvllc.com
Avista Corp. www.avistacorp.com
This press release contains "forward-looking statements." These
forward-looking statements involve known and unknown risks,
uncertainties, and other factors, which may cause ReliOn's actual
results, performance, or achievements to be materially different
from any future results, performance or achievements express
or implied by such forward-looking statements. The forward-looking
statements made in this press release are based on assumptions
and judgments of management regarding future events and results.
These assumptions and judgments may prove to be inaccurate as
a result of a number of factors, many of which are beyond ReliOn's
control, and its actual results may differ materially from the
results contemplated in these forward-looking statements.
[Back to Top] FOR
IMMEDIATE RELEASE
Tuesday, November 9, 2006 ReliOn
Fuel Cells Complete NEBS Level 3 Compliance Testing
Spokane, Wash.: ReliOn, the leading provider of high reliability
fuel cell solutions for backup power applications, announced
today that its T-1000™ and T-2000™ outdoor enclosure
solutions have completed Network Equipment Building Systems
(NEBS) Level 3 compliance testing. This testing was developed
by the telecommunications industry to qualify equipment under
extreme environmental conditions and is often required prior
to installation of equipment at telecommunication sites.
ReliOn contracted with Intertek, a leading international provider
of testing, inspection and certification services for a range
of consumer goods, to provide the compliance testing. The Intertek
compliance program tested the ReliOn system against all applicable
criteria in NEBS Level 3, including extreme temperature variations,
fire, earthquake, and severe winds. "Our successful
completion of NEBS testing positions us well for commercial
deployments of our new T-series fuel cell products for telecommunications
applications," commented Joe Blanchard, Vice President,
Product Line Management. "Our solutions provide cost-effective
backup for sites with power requirements from under 500 Watts
and up to 12 kilowatts. NEBS Level 3 compliance testing provides
assurance that our products perform as required, even under
extreme operating conditions."
The T-series products join ReliOn's I-1000®, which earned
its NEBS compliance in 2004.
ReliOn currently has delivered more than 780kW of fuel cell
product to customers in the United States, Latin America, Europe,
and Asia. About ReliOn:
ReliOn is a leader in the development and marketing of modular
Proton Exchange Membrane (PEM) fuel cell products. The company
markets commercially available fuel cell products using its
patented Modular Cartridge Technology®. ReliOn products
are available domestically and internationally for commercial
and industrial backup applications in the 500-Watt to 12-kilowatt
range. ReliOn fuel cells are certified to multiple safety and
performance standards. www.relion-inc.com. ReliOn's
Investors:
Oak Investment Partners www.oakvc.com
Enterprise Partners Venture Capital www.epvc.com
Wall Street Technology Partners LP www.wallstreettp.com
Chrysalix Energy LP www.chrysalix.com
Buerk Dale Victor, LLC www.bdvllc.com
Avista Corp. www.avistacorp.com
This press release contains "forward-looking statements." These
forward-looking statements involve known and unknown risks,
uncertainties, and other factors, which may cause ReliOn's actual
results, performance, or achievements to be materially different
from any future results, performance or achievements express
or implied by such forward-looking statements. The forward-looking
statements made in this press release are based on assumptions
and judgments of management regarding future events and results.
These assumptions and judgments may prove to be inaccurate as
a result of a number of factors, many of which are beyond ReliOn's
control, and its actual results may differ materially from the
results contemplated in these forward-looking statements.
[Back to Top] FOR
IMMEDIATE RELEASE
Tuesday, October 3, 2006 ReliOn
Fuel Cells Achieve CE Certification
Spokane, Wash.: ReliOn, the leading provider of high reliability
fuel cell solutions for backup power applications, today announced
it has received CE approval for its T-1000™ and T-2000™
fuel cell solutions. ReliOn's hydrogen fuel cell products provide
backup power between 600 Watts and 12 kilowatts to communications
applications.
The CE mark on a product indicates that a company has met all
applicable performance and safety requirements for the European
Union. This process includes stringent testing for electro-magnetic
interference (EMI) thus ensuring that the product is well-suited
for applications powering telecommunications equipment.
Gary Flood, president and chief executive officer of ReliOn
commented, "These product certifications are another indication
of the commercial readiness of our new products. They are key
to providing customer confidence in our technology as we continue
to expand sales of our fuel cell solutions in the European market.
The testing we have completed in pursuit of the CE certification
demonstrates that our products are highly reliable for communications
applications, which are our primary focus."
ReliOn is in the process of completing further certification
procedures on the T-1000™ and T-2000™ fuel cells
within the United States. About ReliOn:
ReliOn is a leader in the development and marketing of modular
Proton Exchange Membrane (PEM) fuel cell products. The company
markets commercially available fuel cell products using its
patented Modular Cartridge Technology®. ReliOn products
are available domestically and internationally for commercial
and industrial backup applications in the 600-Watt to 12-kilowatt
range. ReliOn fuel cells are certified to multiple safety and
performance standards. www.relion-inc.com. ReliOn's
Investors:
Oak Investment Partners www.oakvc.com
Enterprise Partners Venture Capital www.epvc.com
Wall Street Technology Partners LP www.wallstreettp.com
Chrysalix Energy LP www.chrysalix.com
Buerk Dale Victor, LLC www.bdvllc.com
Avista Corp. www.avistacorp.com
This press release contains "forward-looking statements." These
forward-looking statements involve known and unknown risks,
uncertainties, and other factors, which may cause ReliOn's actual
results, performance, or achievements to be materially different
from any future results, performance or achievements express
or implied by such forward-looking statements. The forward-looking
statements made in this press release are based on assumptions
and judgments of management regarding future events and results.
These assumptions and judgments may prove to be inaccurate as
a result of a number of factors, many of which are beyond ReliOn's
control, and its actual results may differ materially from the
results contemplated in these forward-looking statements.
[Back to Top] FOR
IMMEDIATE RELEASE
Tuesday, May 9, 2006 Dr. David Edlund
Joins ReliOn Staff
Spokane, Wash.: ReliOn, the leading provider of high reliability
fuel cell solutions for backup power applications, today announced
that Dave Edlund has joined ReliOn's staff to advance the development
and commercialization of extended run-time hydrogen fueling
solutions for its commercial product line. Dr. Edlund will be
a leading contributor to ReliOn's efforts in delivering cost-effective
fuel reforming solutions for an extended runtime capability
using fuel cell systems for back-up power and other applications.
ReliOn's hydrogen fuel cell products, the T-1000™ and
T-2000™ provide backup power of between 600 Watts and
12 kilowatts to communications applications. The extended runtime
solutions will allow ReliOn to expand its market to meet the
needs of customers in locations where longer backup operation
at the site may be required.
Dr. Edlund brings 19 years of experience in reformer and fuel
cell technology to ReliOn. Dr. Edlund was previously the co-founder
and Chief Technology Officer of IdaTech, where he was responsible
for building IdaTech's intellectual property portfolio of more
than 130 US and foreign patents. Prior to this, he spent four
years as a consultant to Ballard Power Systems focusing on hydrogen
purification. Dr. Edlund has a substantial background in chemistry
with a focus on catalysis and is a recognized expert in hydrogen
purification and fuel reforming.
ReliOn has already developed an extended run-time prototype
system and expects to have commercial solutions available to
customers in early 2007.
Dr.Edlund stated, "ReliOn's novel approach to fuel cells
along with their market knowledge has enabled them to become
a leader in the deployment of fuel cells for backup power solutions
for communications network applications. I am excited to be
working with ReliOn to advance fuel reforming solutions for
those market applications."
Gary Flood, president and chief executive officer of ReliOn
commented, "Dave Edlund has extensive knowledge and experience
in the design and development of reforming systems and applications.
ReliOn is very fortunate to have his talent and creativity to
contribute to advancing ReliOn's technology in fuel reforming."
About ReliOn:
ReliOn is a leader in the development and marketing of modular
Proton Exchange Membrane (PEM) fuel cell products. The company
markets commercially available fuel cell products using its
patented Modular Cartridge Technology®. ReliOn products
are available domestically and internationally for commercial
and industrial backup applications in the 600-Watt to 12-kilowatt
range. ReliOn fuel cells are certified to multiple safety and
performance standards. www.relion-inc.com. ReliOn's
Investors:
Oak Investment Partners www.oakvc.com
Enterprise Partners Venture Capital www.epvc.com
Wall Street Technology Partners LP www.wallstreettp.com
Chrysalix Energy LP www.chrysalix.com
Buerk Dale Victor, LLC www.bdvllc.com
Avista Corp. www.avistacorp.com
This press release contains "forward-looking statements." These
forward-looking statements involve known and unknown risks,
uncertainties, and other factors, which may cause ReliOn's actual
results, performance, or achievements to be materially different
from any future results, performance or achievements express
or implied by such forward-looking statements. The forward-looking
statements made in this press release are based on assumptions
and judgments of management regarding future events and results.
These assumptions and judgments may prove to be inaccurate as
a result of a number of factors, many of which are beyond ReliOn's
control, and its actual results may differ materially from the
results contemplated in these forward-looking statements.
[Back to Top] FOR
IMMEDIATE RELEASE
Thursday, April 20, 2006 ReliOn
Adds Marcos Villanueva as VP International Development
Spokane, Wash.: ReliOn, the leading provider of high reliability
fuel cell solutions for backup power applications, today announced
the appointment of Marcos Villanueva, a twenty year veteran
of the telecommunications industry, as vice president of international
business development.
Mr. Villanueva is responsible for establishing the strategy
and pursuing ReliOn's business opportunities outside of North
America. Mr. Villanueva has over 20 years of experience in telecommunications,
including 10 years with the U.S. operator Ameritech, working
in key positions, such as Installation, Maintenance, Regulatory
and International Business Development. In addition, Mr. Villanueva
has managed international wireless sales operations for Nortel
Networks and Qualcomm. Just prior to joining ReliOn he spent
8 years with Ericsson, as the Regional Vice President for Network
Roll Out, and Vice President Services and Operations, for Ericsson
Central America, and finally as Vice President Solutions and
Business Development for Turkey and Israel. Mr. Villanueva has
lived and worked in Chile, United States, Brazil, Spain, Panama
and Turkey. "Marcos brings a solid background
of international telecommunications experience to the role of
VP International Business Development at ReliOn, and he will
enhance ReliOn's ability to sell its products worldwide,"
said Gary Flood, president and chief executive officer of ReliOn.
"He is a great addition to our staff."
Mr. Villanueva stated, "I am excited to be a part of the
ReliOn team. In the short time since I joined the company, I
have been impressed with the enthusiasm of the communications
industry for ReliOn's fuel cell products and back-up power solutions.
I look forward to leading the sales and deployment of ReliOn's
new products, the T-1000™ and T-2000™, to new markets
throughout the world." About ReliOn:
ReliOn is a leader in the development and marketing of modular
Proton Exchange Membrane (PEM) fuel cell products. The company
markets commercially available fuel cell products using its
patented Modular Cartridge Technology®. ReliOn products
are available domestically and internationally for commercial
and industrial backup applications in the 600-Watt to 12-kilowatt
range. ReliOn fuel cells are certified to multiple safety and
performance standards. www.relion-inc.com. ReliOn's
Investors:
Oak Investment Partners www.oakvc.com
Enterprise Partners Venture Capital www.epvc.com
Wall Street Technology Partners LP www.wallstreettp.com
Chrysalix Energy LP www.chrysalix.com
Buerk Dale Victor, LLC www.bdvllc.com
Avista Corp. www.avistacorp.com
This press release contains "forward-looking statements." These
forward-looking statements involve known and unknown risks,
uncertainties, and other factors, which may cause ReliOn's actual
results, performance, or achievements to be materially different
from any future results, performance or achievements express
or implied by such forward-looking statements. The forward-looking
statements made in this press release are based on assumptions
and judgments of management regarding future events and results.
These assumptions and judgments may prove to be inaccurate as
a result of a number of factors, many of which are beyond ReliOn's
control, and its actual results may differ materially from the
results contemplated in these forward-looking statements.
[Back to Top] FOR
IMMEDIATE RELEASE
Thursday, April 6, 2006 ReliOn Adds
Scott Fox to Board of Directors
Spokane, Wash.: ReliOn, the leading provider of high reliability
fuel cell solutions for backup power applications, today announced
the appointment of outside director Scott Fox, a twenty-seven
year veteran executive of the wireless telecommunications industry.
Mr. Fox is the current Chairman and CEO of Global View Partners,
Inc., an investment, mergers and acquisitions and strategic
consulting company focused exclusively in the wireless industry.
Mr. Fox has held leadership roles with a number of companies
in the telecommunications space. He was the co-founder of Digital
Orchid, Inc, a U.S.-based innovator in the development, management
and distribution of branded wireless content and applications
in the areas of entertainment, sports and gaming. Mr. Fox also
was Group President – Wireless Facilities, Inc. (WFI),
the global leader in wireless telecommunications strategy, design,
deployment and outsourcing. Prior to WFI, Mr. Fox spent five
years as Vice President Strategy and Chief Technology Officer
for BellSouth. Additionally, he was the Chairman and member
of the Board of the global GSM Association, the world's leading
wireless industry association, consisting of 750 member organizations.
"Scott brings a wealth of telecommunications
industry knowledge and experience, having been involved with
both industry giants and start-up ventures," said Gary
Flood, president and chief executive officer of ReliOn. "His
extensive background and participation in the wireless industry
makes him a valuable contributor and a great addition to ReliOn's
Board of Directors. We are pleased that he has joined ReliOn,
and we look forward to working closely with him to achieve ReliOn's
business objectives." About ReliOn:
ReliOn is a leader in the development and marketing of modular
Proton Exchange Membrane (PEM) fuel cell products. The company
markets commercially available fuel cell products using its
patented Modular Cartridge Technology®. ReliOn products
are available domestically and internationally for commercial
and industrial backup applications in the 600-Watt to 12-kilowatt
range. ReliOn fuel cells are certified to multiple safety and
performance standards. www.relion-inc.com. ReliOn's
Investors:
Oak Investment Partners www.oakvc.com
Enterprise Partners Venture Capital www.epvc.com
Wall Street Technology Partners LP www.wallstreettp.com
Chrysalix Energy LP www.chrysalix.com
Buerk Dale Victor, LLC www.bdvllc.com
Avista Corp. www.avistacorp.com
This press release contains "forward-looking statements." These
forward-looking statements involve known and unknown risks,
uncertainties, and other factors, which may cause ReliOn's actual
results, performance, or achievements to be materially different
from any future results, performance or achievements express
or implied by such forward-looking statements. The forward-looking
statements made in this press release are based on assumptions
and judgments of management regarding future events and results.
These assumptions and judgments may prove to be inaccurate as
a result of a number of factors, many of which are beyond ReliOn's
control, and its actual results may differ materially from the
results contemplated in these forward-looking statements.
[Back to Top] FOR
IMMEDIATE RELEASE
Wednesday, April 5, 2006 ReliOn
Introduces T-1000 and T-2000 Hydrogen Fuel Cells
Spokane, Wash.: ReliOn, the leading provider of high reliability
fuel cell solutions for backup power applications, today announced
the introduction of its new products, the T-1000™ and
T-2000™.
Designed specifically for communications backup power applications,
the T-series uses ReliOn's patented Modular Cartridge Technology®
for scalable hot-swappable high reliability and ease of maintenance.
The T-1000™ is a scalable hydrogen fuel cell capable of
providing power architectures from under 600 Watts to 1,200
Watts. The T-2000™ provides up to 2,000 Watts and can
be configured to work in combination for power requirements
up to 12 kilowatts. Building on ReliOn's modular cartridge architecture,
the T-series offers modular electronics cards which allow both
scalability and redundancy for higher reliability, as well as
easy configuration to either 24 or 48 volt applications. The
T-series products provide the back-up DC power required by telecommunications
networks, while reducing or eliminating lead acid batteries,
and providing a significantly increased service life and overall
lower maintenance costs of back-up power systems. "ReliOn
has designed the T-series products based on customer input,
with the goal of providing our customers the flexibility and
reliability they need to design and implement backup power solutions
for their networks," stated Joe Blanchard, Vice President
of Product Line Management.
ReliOn has already shipped its first units of T-1000™
products to a major telecommunications network provider and
is currently taking orders for both of the T-series products.
The T-1000 and T-2000 may be seen at ReliOn's booth, 5077, at
the CTIA Wireless exhibition in Las Vegas, Nevada through April
7, 2006. About ReliOn:
ReliOn is a leader in the development and marketing of modular
Proton Exchange Membrane (PEM) fuel cell products. The company
markets commercially available fuel cell products using its
patented Modular Cartridge Technology®. ReliOn products
are available domestically and internationally for commercial
and industrial backup applications in the 600-Watt to 12-kilowatt
range. ReliOn fuel cells are certified to multiple safety and
performance standards. www.relion-inc.com.
Oak Investment Partners www.oakvc.com
Enterprise Partners Venture Capital www.epvc.com
Wall Street Technology Partners LP www.wallstreettp.com
Chrysalix Energy LP www.chrysalix.com
Buerk Dale Victor, LLC www.bdvllc.com
Avista Corp. www.avistacorp.com
This press release contains "forward-looking statements." These
forward-looking statements involve known and unknown risks,
uncertainties, and other factors, which may cause ReliOn's actual
results, performance, or achievements to be materially different
from any future results, performance or achievements express
or implied by such forward-looking statements. The forward-looking
statements made in this press release are based on assumptions
and judgments of management regarding future events and results.
These assumptions and judgments may prove to be inaccurate as
a result of a number of factors, many of which are beyond ReliOn's
control, and its actual results may differ materially from the
results contemplated in these forward-looking statements.
[Back to Top]
ReliOn News Archives - News Prior
to 2006
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