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ReliOn is committed to keeping you informed about important
developments in its fuel cell technology and commercialization.
| Cummins Inc. Makes Strategic Investment in ReliOn
|
January 24, 2013 |
ReliOn Selected by AlwaysOn as a GoingGreen Silicon Valley Global 200 Winner
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December 10, 2012 |
Alpha Integrates ReliOn Fuel Cell Technology into HPS Test Facility
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August 17, 2012 |
ReliOn E-1000x and E-2200x Fuel Cell Products Slated for High Duty Cycle, Grid-Support Applications
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July 24, 2012 |
ReliOn Milestones Pave the Way for Expansion into Grid-Support Markets
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June 26, 2012 |
ReliOn's Gary Flood Appointed to Department of Energy's Hydrogen and Fuel Cell Technical Advisory Committee
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June 19, 2012 |
ReliOn Patent Supports Lower Cost Fuel Cell Architecture |
June 12, 2012 |
ReliOn and Hy9 Announce Collaboration Agreement on a Fuel Processor
for Fuel Cell Products |
May 8, 2012 |
ReliOn E-1100v Fuel Cell Product Offers Footprint Space Savings
| February 28, 2012 |
ReliOn's Gary Flood Appointed to Innovate Washington Board of Directors |
November 15, 2011 |
ReliOn Fuel Cells Assist During Storm Outages |
November 10, 2011 |
ReliOn DMFC Patent Shows Technical Breath |
November 1, 2011 |
ReliOn Ranked Number 148 Fastest Growing Company in North America on Deloitte’s 2011 Technology Fast 500™ |
October 20, 2011 |
ReliOn E-2500 Fuel Cell System Chosen as "Hot Product" by Assocation of Public Safety Communications Officials |
September 27, 2011 |
ReliOn Secures Additional Funding from Investors |
April 5, 2011 |
ReliOn E-2500 Fuel Cell System Wins Third Place at CTIA E-Tech Awards |
March 29, 2011 |
ReliOn E-2500 Fuel Cell System Named as Finalist in CTIA E-Tech Awards |
March 15, 2011 |
HOPPECKE Batterien GmbH & Co. KG adds ReliOn Fuel Cell Products |
March 9, 2011 |
| New ReliOn E-2500 Fuel Cell Product Offers Same High Reliability in Smaller Package
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March 8, 2011 |
| Bulk Hydrogen Refueling Opens New Markets for Fuel Cells |
October 12, 2010 |
| ReliOn E-200 Fuel Cell System Named Finalist in CTIA E-Tech Awards |
March 16, 2010 |
| ReliOn News
Archive - News Prior to 2010 |
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FOR IMMEDIATE RELEASE
Thursday, January 24, 2013
Cummins Inc. Makes Strategic Investment in ReliOn
Spokane, WA – ReliOn, the leading provider of high reliability fuel cell solutions for backup power and grid-support applications, is pleased to announce that Cummins Inc. (NYSE:CMI) has made a strategic investment in the company. Cummins is a corporation comprised of multiple business units that design, manufacture, distribute and service engines and related engine related technologies, including fuel systems, controls, air handling, filtration, emission solutions and electrical power generation systems.
Gary Flood, ReliOn’s CEO, characterized the investment: “Cummins is a global leader in power generation and, as such, will be an excellent partner to work with ReliOn as we continue our global market expansion. Cummins is committed to assist ReliOn toward increasing our market visibility and access. Additionally, Cummins will use its broad capabilities in engineering and manufacturing to accelerate ReliOn’s efforts to drive costs down and increase the distribution reach of our fuel cell products around the world.”
As part of this investment, Cummins will join the ReliOn board of directors.
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Monday, December 10, 2012
ReliOn Selected by AlwaysOn as a GoingGreen Silicon Valley Global 200 Winner
Spokane, Wash.: ReliOn, the leading provider of high reliability fuel cell solutions for backup power and grid-support applications, today announced that it has been chosen by AlwaysOn as one of the GoingGreen Silicon Valley Global 200 winners. Inclusion in the GoingGreen Silicon Valley Global 200 signifies leadership amongst its peers and game-changing approaches and technologies that are likely to disrupt existing and entrenched players in green technology. ReliOn was specially selected by the AlwaysOn editorial team and industry experts spanning the globe based on a set of five criteria: innovation, market potential, commercialization, stakeholder value, and media buzz.
ReliOn and the GoingGreen Silicon Valley Global 200 companies were honored at AlwaysOn’s seventh annual GoingGreen Silicon Valley, November 27th and 28th, 2012, at the Golden Gate Club in San Francisco, CA.
GoingGreen Silicon Valley is a two-day executive event where cutting-edge greentech CEOs meet the movers and shakers from the biggest industries on earth. Green technology innovators are transforming trillion dollar industries—and the solutions they are delivering not only promise to clean up pollution and restore ecosystems, but bring abundance and prosperity to everyone on earth.
“This year’s GoingGoing Global 200 displays a maturity in the green technology industry that makes it very attractive to both investors and innovators. Greentech research is maturing rapidly, and as it couples with technology innovators and investors, companies are emerging that have the ability to change the way we live our lives for the better and bring huge returns to their founders and funders.”
says Tony Perkins, founder and editor of AlwaysOn. “This year’s GoingGreen Global 200 winners are pushing the bounds of how technology can bring about change in the war on our planet’s waning resources. The strength of these companies lies in their ability to nurture innovative ideas and see them through to successful, sustainable, and profitable businesses.”
The GoingGreen Global 200 winners were selected from among thousands of domestic and international technology companies nominated by investors, bankers, journalists, and green technology industry insiders. The AlwaysOn editorial team conducted a rigorous three-month selection process to finalize the 2012 list.
“ReliOn is honored to have been selected for the Going Green Global Top 200 award,” said Joe Blanchard, Chief Operating Officer. “There are so many companies doing important work that also strive to meet global sustainability goals. ReliOn works hard to design and manufacture clean, highly reliable fuel cells that meet the critical need for power that our customers have. It is gratifying when the work one cares so much about is recognized in a public forum.”
A full list of all the AlwaysOn GoingGreen Silicon Valley 200 winners can be found on the AlwaysOn website at: http://www.aonetwork.com/AOStory/Announcing-2012-GoingGreen-Global-200-Top-Private-Companies
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Friday, August 17, 2012
Alpha Integrates ReliOn Fuel Cell Technology into HPS Test Facility
Spokane, WA: Alpha Energy, an innovator in renewable energy solutions, is integrating the ReliOn E-2500™ fuel cell system into its state-of-the-art Hybrid Power System (HPS) Test Facility in Bellingham, WA.
The HPS Test Facility simulates demanding off-grid environments and provides test engineers an accurate, real-time representation of how certain products will perform in the field. If the fuel cell system meets Alpha’s rigorous performance standards, it will then be evaluated for implementation into future Alpha Energy projects.
“Interest in the renewable energy sector is experiencing exceptional growth with an increased focus on green technologies,” said John Meyer, Director of Applications and System Engineering for Alpha Energy. “Our HPS Test Facility is designed exclusively for these innovative alternative energy projects and it continues to be a tremendous asset as we forge into an era emphasizing clean energy.”
Initially installed in spring 2010, Alpha’s HPS Test Facility is a unique outdoor laboratory where various renewable energy technologies are tested with a range of load requirements and demands. In addition to the newly installed ReliOn E-2500™ fuel cell system, the facility features a 7.5kW wind turbine mounted on a 100’ lattice tower, expanded solar capacity, backup battery bank and a DC Power Plant housing all power management electronics and controls. To ensure maximum reliability, test products must meet or surpass Alpha’s established performance criteria before consideration into subsequent projects.
ReliOn’s E-2500™ fuel cell system, recently installed at Alpha’s HPS Test Facility, offers the latest innovation in ReliOn’s high-reliability power solutions. Designed around ReliOn’s patented modular, fault-tolerant architecture, the E-2500™ fuel cell system provides 2,500W of power in a compact, 8U (14” tall) rack-mountable package. Like all of ReliOn’s fuel cell products, emissions are limited to warm air and a small amount of water, and the E-2500™ fuel cell is exempt from the most stringent air quality standards. The E-2500™ system can affordably provide hundreds of hours of runtime between refueling and many years of service for critical equipment. The system installed at Alpha’s HPS Test Facility is a 5kW configuration housed in an environmentally-hardened outdoor cabinet.
“As the market for fuel cell power solutions continues to grow, the benefits of working with a company like Alpha become more substantial,” stated Mark Cohen, Vice President of Product Management for ReliOn. “While ReliOn has installed fuel cell solutions at more than 1,450 commercial customer locations, Alpha’s strength in integrating complete renewable power solutions for off-grid applications offers our customers a solution that serves an even broader variety of environments.”
For more information about the HPS Test Facility and associated projects, visit www.alpha.com.
Alpha Energy, a member of The Alpha Group and a division of Alpha Technologies Services, is a full-service engineering and project development company for the distributed generation power industry. One of the nation's leading developers of turnkey photovoltaic systems for commercial, residential, institutional and remote (off-grid) applications, Alpha Energy is recognized as a market innovator in packaging renewable energy technologies.
The Alpha Group represents an alliance of independent companies united by a common goal: the development and manufacture of total power solutions.
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Tuesday, July 24, 2012
ReliOn E-1000x and E-2200x Fuel Cell Products Slated for High Duty Cycle, Grid-Support Applications
Spokane, WA – ReliOn, the leading provider of high reliability fuel cell solutions for backup power and grid-support applications, today announced its new E-1000x and E-2200x fuel cell products. The two products, rated at 1,000 watts and 2,200 watts per chassis are part of a plan to address the need for high duty cycle grid-support in a number of situations where alternative power products are used to support a less reliable electrical grid or no grid at all. The E-1000x and E-2200x feature PEM technology that has been optimized around these applications and the products carry an industry-leading warranty.
Like all of ReliOn’s fuel cell products, the E-1000x and E-2200x fuel cell systems are clean energy solutions; emissions are limited to warm air and a small amount of water. The E-1000x and E-2200x systems are exempt from the most stringent air quality standards, such as those set by the California Air Resources Board, because they produce no harmful emissions. ReliOn has begun shipping pre-commercial products to customers in areas of the world where the grid routinely drops coverage for several hours a day. Commercial product shipments will begin in late third quarter with orders now being accepted.
Mark Cohen, ReliOn’s Vice President of Product Line Management commented, “The E-1000x and E-2200x fuel cell systems have been optimized to meet a need from our customers for grid-support power in a variety of locations around the world. The E-1000x and E-2200x chassis can be deployed as single or multiple systems. The E-1000x platform is targeted for power requirements from 500W to 4kW, while the E-2200x platform targets higher power requirements up to 8.8kW. Both products continue to provide the high reliability and ease of use our customers have come to expect from ReliOn.”
The E-1000x and E-2200x fuel cell systems join ReliOn’s E-series product line – the E-200, E-1100, E-1100v and E-2500 – which provides backup power solutions between 50W and 20kW. ReliOn customers include global leaders in wireless, wired and public safety network communications, railway services and utilities, as well as branches and agencies of Federal and State governments.
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Tuesday, June 26, 2012
ReliOn Milestones Pave the Way for Expansion into Grid-Support Markets
Spokane, WA – ReliOn, the leading provider of high reliability fuel cell solutions for backup power and grid-support applications, today announced it has delivered more than 4.3 megawatts of fuel cell products to customers in 42 U.S. States and 34 countries. During the period of time ReliOn’s products have been commercially deployed, they have amassed over 86 million combined hours of reliable backup coverage to customer equipment. They have ensured continued service through multiple hurricanes, ice storms, snow storms and other natural or human-caused events that have disrupted grid power. ReliOn solutions operate successfully in many diverse environments around the world, including Indonesia, Australia, Norway, India, Spain, Ecuador, Puerto Rico and China. ReliOn customers include global leaders in wireless, wired and public safety network communications, railway services and utilities, as well as branches and agencies of Federal and State governments.
ReliOn’s President and CEO, Gary Flood, noted, “ReliOn’s path to this point has been to do one thing and do it to the best of our ability. Our focus in the communications backup power markets has been key to the development of highly reliable and industry-proven backup power products. New products and partnerships will be announced in coming weeks that will expand the company’s reach to support grid-supplement markets where alternative power products are used to support a less reliable electrical grid or no grid at all. These markets will set ReliOn up for its next phase of growth. As we begin to expand our reach, we will continue to proudly serve and support our current backup power customers in multiple industries with new features and products as well.”
New markets for ReliOn are taking the company beyond its historical leadership in the telecommunications backup power market and into grid support, high duty cycle markets worldwide. With multiple fueling options available for ReliOn fuel cells, these markets have the ability to more than triple ReliOn’s addressable market in short order. In May, ReliOn announced a collaboration agreement with Hy9 to deliver a methanol fuel processor that will supply hydrogen to ReliOn’s fuel cell products. ReliOn is also in negotiations with another supplier of a different fuel processor technology for products and solutions aimed at developing markets around the world. ReliOn anticipates that its focus on global growth areas will increase its international business significantly.
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Tuesday, June 19, 2012
ReliOn's Gary Flood Appointed to Department of Energy's Hydrogen and Fuel Cell Technical Advisory Committee
Spokane, WA – ReliOn, the leading provider of high reliability fuel cell solutions for backup power and grid-support applications, today announced that its President and CEO, Gary Flood, has been appointed by Department of Energy Secretary of Energy Dr. Steven Chu to the Hydrogen and Fuel Cell Technical Advisory Committee (HTAC). The HTAC was established by section 807 of the Energy Policy Act of 2005 (EPACT), Public Law 109-58, to advise the Secretary of Energy on the programs and activities specified in Title VIII of EPACT.
Mr. Flood commented, “I look forward to working with all the members of the Hydrogen and Fuel Cell Technical Advisory Committee to provide the Department of Energy with our views and suggestions on the needs and focus for hydrogen fuel cells and hydrogen technology. I believe that, based on my role at ReliOn, I will be able to offer a commercial viewpoint on applications growth and needs of the commercial markets for hydrogen fuel cell systems.”
Mr Flood’s term will run through July 16, 2014.
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Tuesday, June 12, 2012
ReliOn Patent Supports Lower Cost Fuel Cell Architecture
Spokane, Wash.: ReliOn, the leading provider of high reliability fuel cell solutions for backup and grid-support power applications, today announced a new patent issuance. Patent number 8,192,889 protects the novel architecture internal to ReliOn’s E-series product line and broadens ReliOn’s position as a leader in core fuel cell technology development.
Gary Flood, ReliOn’s president and CEO, commented, “One of ReliOn’s strengths is its ability to innovate in order to move fuel cell science to commercial reality. This new patent enables us to produce lower cost fuel cell products that are manufactured simply and utilize automated assembly, while retaining the robust, high reliability needed in the marketplace. As ReliOn’s fourth generation product line, the E-series fuel cell systems, offer customers a fuel cell power generator with no external balance of plant at a price point that represents savings in most business cases.”
Unlike many PEM fuel cell companies, ReliOn continues to develop and manufacture its own core fuel cell components. ReliOn’s fuel cell architectures are unique in that they do not use complicated bipolar plates or flow fields. The advancement in the E-series consists of a plate and plastic frame architecture which simplifies manufacturing and allows for advanced air-cooling and membrane management, increasing the durability and efficiency of the products. The E-series product line represents a significant generational cost reduction and power density improvement over previous products and enables industry leading turnkey power solutions for end customers.
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Tuesday, May 8, 2012
ReliOn and Hy9 Announce Collaboration Agreement on a Fuel Processor
for Fuel Cell Products
Spokane, Wash.: ReliOn, the leading provider of high reliability fuel cell solutions for backup and grid-support power applications, and Hy9, the leader in high-purity, point-of-use hydrogen generation, today announced that they are collaborating on the development of an integrated fuel processor for fuel cell products. The development program will bring together ReliOn’s strengths in hydrogen fuel cell technology and product engineering and Hy9’s expertise in reforming and hydrogen purification systems.
Gary Flood, ReliOn’s president and CEO, commented, “Our collaboration with Hy9 will offer an alternative to delivered, compressed hydrogen as fuel for customers who use our fuel cells to provide power in areas of the world where hydrogen is less available. Hy9’s expertise in the area of fuel reforming and purification will enable us to accelerate the delivery of this product to our key customers needing solutions for their backup and grid-support power applications. Together, our goal is to provide new and innovative solutions that allow our customers to serve their communities.”
Gary Clarke, Hy9’s president and CEO, said, “We are excited to work with ReliOn on the development of this new product. ReliOn’s leadership in the fuel cell market and proven product design capabilities will ensure that our fuel processor will meet the needs of those in the market for whom delivered, compressed hydrogen is not the preferred solution.”
ReliOn and Hy9 will work together on the development of the sub-systems, controls and the systems integration of the new liquid fuel-based power system. The fuel processor, or reformer, converts a liquid fuel, in this case methanol and water, into hydrogen for use with ReliOn’s fuel cell products, including its E-series fuel cell systems. The development process is on schedule for ReliOn to deliver first demonstration prototypes during third quarter 2012, with customer evaluation units available before the end of the year. Customers will be delivered a fully integrated product that supports a range of power applications up to 10kW, providing telecom quality regulated DC power from a methanol-based liquid fuel. The introduction of the liquid fuel-based product line will expand ReliOn’s market reach into new geographic regions and applications where liquid fuel may be advantageous over gaseous hydrogen due to availability or logistics and based on the energy needs of the application.
ReliOn products are used for backup power and site hardening in both traditional configurations and as part of a clean technology system integrated with solar and wind power. ReliOn continues its commitment to certifications and standards with products being tested or certified to stringent standards from CSA, UL, CE, Telcordia NEBS and China TTL Labs.
About Hy9:
Hy9 is the leader in the development and marketing of Hydrogen purification membranes and point-of-use pure hydrogen generation for client’s who require high-performance solutions to their critical power needs. With over 10 years of experience, Hy9 partners and client’s benefit from high reliability and high performance.
Hy9 – Making Hydrogen Pure and Simple™.
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.
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Tuesday, February 28, 2012
ReliOn E-1100v Fuel Cell Product Offers Footprint Space Savings
Spokane, Wash.: ReliOn, the leading provider of high reliability fuel cell solutions for backup power applications, today announced its new E-1100v fuel cell system. The E-1100v fuel cell is a fully integrated system producing up to 1,100 Watts of power in an industry first vertical-mount chassis. The product was developed for use with customers for whom total footprint at small power levels is most important. The E-1100v fuel cell system is available in both 24V or 48V DC and has a variety of indoor and outdoor mounting options including rack, wall and cabinet.
Like all of ReliOn’s fuel cell products, the E-1100v is a clean energy solution; emissions are limited to warm air and a small amount of water. The E-1100v system is exempt from the most stringent air quality standards, such as those set by the California Air Resources Board, because it produces no harmful emissions. The product is commercially available and began shipping at the end of 2011. First customer commitments have been received in Europe for the internal communications network of a premier electrical utility and an emergency backup power application for a Fortune 100 industrial customer.
Mark Cohen, ReliOn’s Vice President of Product Line Management commented, “The E-1100v fuel cell system continues ReliOn’s history of innovation and product improvement. For customer applications where space is an issue, this addition to our product suite offers a flexible option, while continuing to provide the high reliability and ease of use our customers have come to expect from ReliOn.”
The E-1100v fuel cell system joins ReliOn’s E-series product line – the E-200, E-1100 and E-2500 – which provides backup power solutions between 50W and 20kW. The company has delivered more than 4 megawatts of product at over 1,400 commercial customer sites in the United States and 34 additional countries. While many of ReliOn’s customers are wireless telecommunication providers, the company also serves markets including wireline telecommunications, government, security, utility communications and transportation networks.
ReliOn products are used for backup power and site hardening in both traditional configurations and as part of a clean technology system integrated with solar and wind power. ReliOn continues its commitment to certifications and standards with products being tested or certified to stringent standards from CSA, UL, CE, Telcordia NEBS and China TTL Labs.
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Tuesday, November 15, 2011
ReliOn's Gary Flood Appointed to Innovate Washington Board of Directors
Spokane, WA – ReliOn, the leading provider of high reliability fuel cell solutions for backup power applications, today announced that its President and CEO, Gary Flood, has been appointed by Washington Governor Chris Gregoire to the Innovate Washington Board of Directors. The mission of Innovate Washington is to make Washington the best place to develop, build and deploy innovative products, services and solutions to serve the world so that ideas developed in Washington lead to quality jobs in Washington.
Gary Flood commented, “It is an honor to serve on the Board of Directors for Innovate Washington. As someone who has been involved with startup companies for much of my career, I can attest to the importance of mentorship by successful leaders in the early stages of building a business. Innovate Washington has put together a strong team focused on the acceleration of quality, technology-based jobs in our State.”
“We are thrilled to welcome Gary to the Innovate Washington Board of Directors,” said Kim Zentz, co-founder of Innovate Washington. “His deep leadership experience in the clean energy and technology sectors is coupled with first-hand knowledge of the unique challenges encountered by emerging Washington technology companies serving global markets. Gary will provide valuable insight to Innovate Washington in building an effective public/private organization that fosters technology innovation and creates more vibrant business outcomes for the state.”
Flood’s term began October 28, 2011 and will continue through October 27, 2012.
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Thursday, November 10, 2011
ReliOn Fuel Cells Assist During Storm Outages
Spokane, WA – ReliOn’s fuel cell systems in the Northeast United States have had a busy two months. Hit by two very different types of storms, the Northeast has endured widespread power outages caused first by Hurricane Irene in August and then by a freak winter storm in October which dropped as much as two feet of snow on states with trees still sporting fall leaves. ReliOn customers in the Northeast include Tier One telecommunications operators tasked with providing communications capabilities to their cell phone customers.
Hurricane Irene, the second largest storm in history in terms of power outages, affected customers across 14 states, causing widespread flooding and property damage. Thousands of cell sites were without power for extended periods. One ReliOn customer had fifty-six cell towers with power being backed up by fuel cells in the area hit by the storm. Forty-five of those sites experienced grid power outages in excess of six hours during the storm and forty-five ReliOn fuel cell systems successfully provided power to the communications equipment for a cumulative outage time of 725 hours. Average duration per site was 16 hours, with the maximum single outage duration being 50 hours. ReliOn's bulk hydrogen refueling provider, Air Products, was key to keeping these sites operational.
In late October, much of the same region experienced an early season snowstorm that dumped wet, heavy snow on New England, causing power outages to about 3 million people and businesses. Some of those people are now in their second week without power. Cumulative data is not yet available, but ReliOn fuel cells have again been called into service and have provided power to cellular customers.
Joe Blanchard, ReliOn’s COO commented, “Without power, none of the convenient and life-saving mobile devices can function. Balancing the need for power with the desire to work toward a sustainable environment is something all of us continue to strive for. Fuel cells are serving an important function in the telecom industry and ReliOn is fully committed to supporting the mission of our customers.”
Hydrogen fuel cells provide backup power to customer sites when grid power fails due to extreme weather or other conditions. ReliOn products have been active in a variety of communications applications since 2004. During this time, ReliOn fuel cell systems have been operational during a number of hurricane, ice storm, wind and extreme temperature events.
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Tuesday, November 1, 2011
ReliOn DMFC Patent Shows Technical Breadth
Spokane, WA – ReliOn, the leading provider of high reliability fuel cell solutions for backup power applications, today announced it has received notice of the issuance of a new patent, “Direct Liquid Fuel Cell”, patent number 8,003,274. Direct Methanol Fuel Cells (DMFC) are a type of Proton Exchange Membrane (PEM) Fuel Cells that are fueled by direct use of liquid methanol as opposed to packaged hydrogen gas or a fuel reformer that splits the hydrogen off a hydrocarbon molecule. End use applications for DMFC fuel cells include the replacement of conventional batteries in portable electronic devices, such as cell phones, laptop computers, digital music players, and the like. Small-scale, portable fuel cells offer the promise of greater run times for these devices and less environmental impact than traditional batteries.
One of the greatest challenges facing the widespread implementation of DMFC fuel cells relates to the ability to increase power density. ReliOn’s new patent provides solutions using electrically-conductive ceramic materials that facilitate improved performance over the active area of the membrane in order to facilitate the efficient operation of the fuel cell.
Gary Flood, ReliOn President and CEO commented, “ReliOn is based on a philosophy of innovation and differentiation in core technology. This is one of several new patents ReliOn has been awarded over the last six months and it speaks to the strength of our R&D program. ReliOn continues to invest in novel core fuel cell technologies, as they are at the heart of ReliOn products.”
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.
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Thursday, October 20, 2011
ReliOn Ranked Number 148 Fastest Growing Company in North America on Deloitte’s 2011 Technology Fast 500™
Spokane, WA - ReliOn, the leading provider of high reliability fuel cell solutions for backup power applications, today announced that it ranked number 148 on Deloitte's Technology Fast 500(TM), a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the five year period from 2006-2010. ReliOn grew 695 percent during this period.
ReliOn credits its continued growth to its focus on the business fundamentals of continuous product innovation, hard work and teamwork. Gary Flood, ReliOn President and Chief Executive Officer stated, “ReliOn is honored to be listed among so many technology leaders on the Fast 500. Our growth is only possible because of the dedicated staff at ReliOn. Their focus on the whole solution, from product concept through customer deployment and services, shows that passion and dedication to customer success reaps company success.”
“ReliOn, like all 2011 Technology Fast 500™ companies, has excelled in fostering innovation and channeling it into spectacular growth – against the backdrop of one of the most challenging economies in history,” said Eric Openshaw, vice chairman and U.S. technology, media and telecommunications leader, Deloitte LLP. “Deloitte recognizes ReliOn for its remarkable accomplishment.”
“We are pleased to honor ReliOn as a 2011 Technology Fast 500 company,” said Mark Jensen, managing partner, technology and venture capital services, Deloitte & Touche LLP. “As one of the fastest growing tech companies in North America, ReliOn has demonstrated excellence in technological innovation, entrepreneurship and rapid growth.”
ReliOn provides clean, ultra-reliable hydrogen fuel cell solutions to meet critical customer backup power needs for the security, telecommunication, government, utility and transportation communication markets. ReliOn’s patented fault tolerant technology provides high reliability, superior performance and extended runtime at a cost benefit over many other backup power options. Flexibility of configuration addresses the space constraints of various customer locations.
About Deloitte’s 2011 Technology Fast 500™:
Technology Fast 500, which was conducted by Deloitte & Touche LLP, a subsidiary of Deloitte LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies – both public and private – in North America. Technology Fast 500 Award winners are selected based on percentage fiscal year revenue growth from 2006 to 2010.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least $50,000 USD or CD and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five years and be headquartered in North America.
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.
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RELEASE
Tuesday, September 27, 2011
ReliOn E-2500 Fuel Cell System Chosen as "Hot Product" by Association of Public Safety Communications Officials
Spokane, WA – ReliOn, the leading provider of high reliability fuel cell solutions for backup power applications, today announced announced that its E-2500 fuel cell system has been designated a “Hot Product” by the Association of Public Safety Communications Officials (APCO). The selection occurs during the APCO conference in August, where new products are reviewed anonymously. The editor of Public Safety Communications and the review team selects twenty-five of the most exciting products to be featured in their November issue. This year, more than 80 “Hot Product” entries were submitted for review.
ReliOn introduced its E-series fuel cell systems earlier this year. The E-2500 fuel cell system offers 2,500 Watts of power, utilizing the patented modular, fault-tolerant aspects of ReliOn’s field-proven fuel cell systems. It is the third in the E-series product line, which also includes the E-200 and E-1100 fuel cell systems for smaller applications. The E-2500 product is a compact complete fuel cell system housed in an 8U (14” tall) 23” rack-mountable package. The product may be used singularly or in configurations of multiple chassis to meet higher power requirements. ReliOn products are used for backup power and site hardening in both traditional configurations and as part of a clean technology system integrated with solar and wind power.
Joe Blanchard, ReliOn Chief Operating Officer stated, “ReliOn is honored to have our newest product recognized by the world’s largest organization of public safety communications professionals. All of the communications networks that allow first responders to address crisis events require power to operate, yet many of these same events are accompanied by loss of grid power. ReliOn strives to provide highly reliable products to address the need for continuing power while also addressing the desire to work toward a sustainable environment.”
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.
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Tuesday, April 5, 2011
ReliOn Secures Additional Funding from Investors
Spokane, WA – ReliOn, the leading provider of high reliability fuel cell solutions for backup power applications, today announced it has secured an additional U.S. $6 million in equity financing with existing investors. ReliOn now has over 3.5 MW of its fuel cell systems, representing approximately 1,225 customer sites globally, providing clean and reliable backup power based on its proprietary fuel cell technology. The proceeds of this financing will be used to continue commercial growth in the U.S. and to expand international marketing and sales activities. ReliOn is currently engaged in two significant programs with large wireless operators in North America and is pursuing growth in Europe through ReliOn’s recently announced collaboration with HOPPECKE Batterien GmbH. ReliOn’s success in providing turn-key long run-time solutions, supported by bulk refueling capabilities in North America, is enabling opportunities in Europe, Asia and other international markets.
ReliOn CEO, Gary Flood, stated, “This is an exciting time for ReliOn. In 2010, we experienced year over year tripling of both sales and gross profit as a percentage of sales. With this funding, we are able to accelerate a number of important programs currently underway which move the company toward our objective of becoming the first profitable fuel cell company.”
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.
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Tuesday, March 29, 2011
ReliOn E-2500 Fuel Cell System Wins Third Place at CTIA E-Tech Awards
Spokane, WA – ReliOn’s E-2500 fuel cell system was awarded third place in the Green Telecom & Smart Energy Solutions, Applications and Hardware category of CTIA’s annual Emerging Technology (E-Tech) Awards competition last week. The CTIA E-Tech Awards honor the most innovative new products in 14 categories spanning the areas of mobile apps, consumer electronics, enterprise and infrastructure. Winners were announced at International CTIA WIRELESS® 2011, which took place March 22-24 at the Orange County Convention Center in Orlando, Florida.
Upon notification of the E-Tech award, Joe Blanchard, ReliOn’s VP, Product Management commented, “ReliOn is honored to have been selected as the third place winner in the Green Telecom & Smart Energy category. There were several strong technologies in this category and we are excited that the panel of media and industry judges recognized our E-2500 fuel cell for its innovation and technological importance. Fuel cells are serving an important function in the telecom industry. Without power, none of the convenient and life-saving mobile devices can function. Balancing the need for power with the desire to work toward a sustainable environment is something all of us continue to strive for.”
Announced earlier this month, the E-2500 fuel cell is the third in a new ReliOn product line, the E-series. The E-2500 fuel cell system offers 2,500 Watts of power in a simply-designed, air-cooled fuel cell system housed in an 8U (14” tall) 23” rack-mountable package. The development of this new product utilizes the patented modular, fault-tolerant aspects of ReliOn’s field-proven fuel cell systems in higher density power modules. As with all of ReliOn’s fuel cell products, emissions are limited to warm air and a small amount of water, and the E-2500 system is exempt from the most stringent air quality standards, such as those set by the California Air Resources Board. A scalable backup power solution, the E-2500 fuel cell system can provide 24 hours of power for equipment needing up to 10kW in an industry-leading footprint. Higher power configurations are available as well.
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.
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Tuesday, March 15, 2011
ReliOn E-2500 Fuel Cell System Named as Finalist in CTIA E-Tech Awards
Spokane, WA – ReliOn’s E-2500 fuel cell system was named a finalist in the Green Telecom & Smart Energy Solutions, Applications and Hardware category of CTIA’s annual Emerging Technology (E-Tech) Awards competition. The CTIA E-Tech Awards honor the most innovative new products in 14 categories spanning the areas of mobile apps, consumer electronics, enterprise and infrastructure. Winners will be announced at International CTIA WIRELESS® 2011, taking place March 22-24 at the Orange County Convention Center in Orlando, Florida.
Announced last week, the E-2500 fuel cell is the third in a new ReliOn product line, the E-series. The E-2500 fuel cell system offers 2,500 Watts of power in a chassis that is sixty percent of the size of ReliOn’s 2,000 Watt product, the T-2000. The development of this new product utilizes the patented modular, fault-tolerant aspects of ReliOn’s field-proven fuel cell systems in higher density power modules. The product is a simply-designed, air-cooled fuel cell system housed in an 8U (14” tall) 23” rack-mountable package.
As with all of ReliOn’s fuel cell products, emissions are limited to warm air and a small amount of water, and the E-2500 system is exempt from the most stringent air quality standards, such as those set by the California Air Resources Board. A scalable backup power solution, the E-2500 fuel cell system can provide 24 hours of power for equipment needing up to 10kW in an industry-leading footprint. Higher power configurations are available as well. Initial systems have been delivered to customers this quarter. Orders are being taken now for E-2500 systems.
More than 300 entries to the E-Tech Awards competition were judged by a panel of media and industry analysts and scored on innovation, functionality, technological importance, implementation and overall “wow” factor. E-Tech winners, including Best of Show and Best Online Pick will be announced at the awards ceremony on Wednesday, March 23 at 2:00 p.m. EST from CTIA’s Exhibit Innovations Stage on the tradeshow floor.
Between now and March 23, website visitors may vote for the “Best Online Pick” at www.ctiashow.com/awards. International CTIA WIRELESS show attendees will vote onsite via text message for entries in the E-Tech Awards display to win “Best in Show.”
About CTIA:
CTIA shows bring together all industries advanced by wireless technology for intense business, learning and networking. International CTIA WIRELESS® 2011 takes place at the Orange County Convention Center in Orlando, Florida, March 22-24. CTIA ENTERPRISE & APPLICATIONS™ 2011 takes place in San Diego, October 11-13. Visit www.ctiashow.com. CTIA–The Wireless Association® is an international organization representing the wireless communications industry. Visit www.ctia.org.
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.
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Wednesday, March 9, 2011
HOPPECKE Batterien GmbH & Co. KG adds ReliOn Fuel Cell Products
Brilon, Germany: HOPPECKE, a leading manufacturer of industrial batteries, charging equipment and energy systems announces its partnership with ReliOn, the leading provider of high reliability fuel cell solutions for backup power applications. Under this agreement, HOPPECKE will market ReliOn’s fuel cell products under the HOPPECKE brand for backup power solutions throughout EMEA (Europe, the Middle East and Africa). The companies have agreed on a multi-phased strategy expanding their collaboration to include localization of product integration and manufacturing, technology transfer, and territory expansion beyond the initial focus in EMEA.
Fuel cells are a clean power supply fueled by hydrogen and producing electric energy, heat and water. Their simple, compact architecture is ideal for customers needing high quality power in a small footprint where reliability and clean electrical generation are essential.
Dr. Marc Zoellner, HOPPECKE’s CEO stated, “We are very pleased to announce this new partnership with ReliOn, which will enable HOPPECKE to extend our product offering across our broad customer base. The fuel cells are just one new component in HOPPECKE’s long term strategy to expand into energy and energy management solutions. HOPPECKE has a longstanding commitment to quality and innovation in the development of power solutions. Our cooperation with ReliOn represents a continuation of the growth in developing and providing clean energy system solutions. We look forward to a long partnership serving our customers’ need for highly reliable power solutions.”
Gary Flood, ReliOn’s CEO commented, “ReliOn is pleased to have a strong partner whose focus and abilities will help us grow our market presence significantly. By cooperating with HOPPECKE, we see the opportunity to not only address the needs of the EMEA markets, but to work with a world class company to continue the development and applications of fuel cell solutions. HOPPECKE’s reputation and expertise in the power industry provide an ideal base for collaboration between our companies. We believe that together we can supply clean, reliable and cost-effective solutions to customers.”
Effectively immediately, HOPPECKE will begin offering fuel cell-based power solutions throughout EMEA to compliment their traditional battery and power systems products.
About HOPPECKE:
Our energy for your success: To ensure the continuing success of our customers in the future, HOPPECKE has specialized in the development of new technology and services for the storage of energy. Today we are the largest manufacturer of industrial batteries, systems and chargers in European ownership.
Since 1927 we have been developing and producing energy storage systems to German Quality Standard with the claim of standard quality worldwide. To date, many of our developments have led the way in the market for industrial batteries.
Our comprehensive range of storage batteries is complemented by the very latest charging methods and monitoring units to form complete systems. With this systems approach it is our aim, as a value-based, independent family enterprise, to continue our growth in the market for industrial battery systems, in terms of both quantity and quality.
This family concern from the small town of Hoppecke in the German Sauerland region is able to look back on more than 80 years’ experience in the business of batteries. Over 1400 employees (half of them in Germany) generate on average annual rates of growth in double figures. With 16 subsidiary companies, and numerous branches, partners and distributors, production and assembly sites worldwide, HOPPECKE is a Global Player. www.hoppecke.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.
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Tuesday, March 8, 2011
New ReliOn E-2500 Fuel Cell Product Offers Same High Reliability in Smaller Package
Spokane, Wash.: ReliOn, the leading provider of high reliability fuel cell solutions for backup power applications, today announced its new E-2500™ fuel cell system. The E-2500™ is the third in a new ReliOn product line, the E-series. The E-2500™ fuel cell system offers 2,500 Watts of power in a chassis that is sixty percent of the size of ReliOn’s T-2000® 2,000 Watt product. The development of this new product utilizes the patented modular, fault-tolerant aspects of ReliOn’s field-proven fuel cell systems in higher density power modules. The product is a compact complete fuel cell system housed in an 8U (14” tall) 23” rack-mountable package.
As with all of ReliOn’s fuel cell products, emissions are limited to warm air and a small amount of water, and the E-2500™ system is exempt from the most stringent air quality standards, such as those set by the California Air Resources Board. A scalable backup power solution, the E-2500™ fuel cell system can provide 24 hours of power for equipment needing up to 10kW in an industry-leading footprint. Higher power configurations are available as well. Initial systems have been delivered to customers this quarter. Orders are being taken now for further E-2500™ systems.
Joe Blanchard, ReliOn’s Vice President of Product Line Management commented, “The E-2500™ fuel cell system continues ReliOn’s history of innovation and product improvement. For customer applications where space is an issue, this addition to our product suite offers a higher density option, while continuing to provide the high reliability and scalability our customers have come to expect from ReliOn.”
E-2500™ fuel cell system joins ReliOn’s current products – the E-200™ and E-1100™ and the T-1000® and T-2000® – which provide backup power solutions between 50W and 20kW. The company has delivered more than 3.3 megawatts of product to over 1,150 commercial customer sites in 21 countries. While many of ReliOn’s customers are wireless telecommunication providers, the company also serves markets including wireline telecommunications, government, security, and utility communications and transportation networks. ReliOn products can be used for backup power and site hardening in both traditional configurations and as part of a clean technology system integrated with solar and wind power.
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.
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Tuesday, October 12, 2010
Bulk Hydrogen Refueling Opens New Markets for Fuel Cells
Spokane, Wash.: ReliOn, the leading provider of high reliability fuel cell solutions for backup power applications, today announced the development of a bulk hydrogen refueling solution for fuel cell installations. This capability provides customers with the ability to have longer runtimes and greater storage of hydrogen fuel at their sites. Refueling is accomplished by on site refilling of the hydrogen storage container. Bulk refueling opens larger markets to fuel cell installations by extending the time between refills and making refueling safe, fast and convenient for customers.
There are multiple advantages of hydrogen as a fuel. Hydrogen does not have a shelf life. It can reside in storage containers indefinitely, which means that unlike fuels like diesel, hydrogen can be used to either frequently or infrequently provide energy regardless of when a power outage occurs. With hydrogen, there is also no issue of ground contamination in the event of spillage. Fuels like propane and diesel, which are heavier than air, can cause costly pollution or safety issues if a leak occurs. Hydrogen is lighter than air and dissipates easily. Because hydrogen and fuel cells do not cause pollution, they can be used in locations where environmental concerns are at the forefront. Fuel cells are a source of clean energy, delivering power to customer sites without the risk of ground contamination, CO2 emissions and fuel spillage. With a hydrogen fuel cell, the only emissions at the point of use are water and warm air.
Bulk hydrogen refueling is currently being used by ReliOn customers as part of a Department of Energy (DoE) Market Transformation Program. This program has resulted in a significant number of new fuel cell deployments where backup power of 72 hours or more is required. Critical to the success of this program has been hydrogen supplier commitment to deliver the bulk hydrogen to locations in several regions around the United States. Together, ReliOn and multiple tier one telecommunications customers have successfully deployed these bulk storage units. The storage and refueling solution may be used with any stationary fuel cell product.
Gary Flood, ReliOn President and CEO commented, “Because fuel cells provide highly reliable, clean energy, they are being deployed as an alternative to diesel generators at a growing number of locations where backup power is a critical requirement. Additionally, the availability of the bulk refueling solution offers customers a safe, reliable solution for longer runtimes.”
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.
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Tuesday, March 16, 2010
ReliOn E-200 Fuel Cell System Named Finalist in CTIA E-Tech Awards
Spokane, Wash.: Fuel cell provider ReliOn’s E-200™ hydrogen fuel cell system has been named a finalist in the Green category in the CTIA Emerging Technology (E-Tech) Awards. CTIA’s fifth annual E-Tech Awards program recognizes products in 15 categories in the areas of mobile consumer electronics, luxury mobile, applications, enterprise, green solutions and network technology. International CTIA WIRELESS 2010® will take place March 23-25 at the Las Vegas Convention Center.
More than 80 prominent media and industry analysts judged the 300-plus entries submitted for the E-Tech Awards program this year. Products and services were judged on innovation, functionality, technological importance, implementation and the overall “wow” factor. ”
E-Tech Awards winners will be announced at a ceremony hosted by Robert Mesirow, vice president and show director for CTIA and Tim Bajarin, president of Creative Strategies, on Wednesday, March 24 at 2:00 p.m. on the Exhibits Innovation Stage located in the Emerging Technology Zone on the International CTIA WIRELESS exhibit floor, North Hall.
CTIA is offering companies two additional opportunities to win an award. Web visitors may vote for the Best Online Pick at www.ctiashow.com/awards. International CTIA WIRELESS show attendees will also have the chance to vote via text message onsite for products in the E-Tech Awards display to win Best in Show.
The E-200™ fuel cell system is designed around ReliOn’s patented technology and provides highly reliable power for smaller scale power applications. The product is a compact complete fuel cell system housed in a 2U (3.5” tall) rack-mountable package. Like all of ReliOn’s fuel cell products, emissions are limited to warm air and a small amount of water and the E-200 is exempt from the most stringent air quality standards, such as those set by the California Air Resources Board. Designed to be an economical small scale backup power solution, the E-200 can affordably provide hundreds of hours of runtime between refuelings and many years of service for critical equipment. The product is commercially available.
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.
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