ReliOn Selects Fuel Cell Product Manufacturer

Jul 26, 2004 - PR Newswire

Outsourced Manufacturing Allows Cost Savings and Ability to Ramp Production

 

SPOKANE, Wash., July 26 /PRNewswire-FirstCall/ -- ReliOn, the leading provider of high reliability fuel cell solutions for backup power applications, announced that Celestica, a world leader in electronics manufacturing services (EMS), will serve as EMS provider for ReliOn's fuel cell products going forward.

 

(Logo: http://www.newscom.com/cgi -bin/prnh/20040223/ SERELIONLOGO )

 

Celestica operates a sophisticated global manufacturing network and is positioned as one of the world's leading providers of integrated end-to-end electronics manufacturing services and solutions. Celestica has approximately 43,000 employees in over 40 locations worldwide. Under the terms of the agreement, Celestica began initial manufacturing, assembly and testing of ReliOn's fuel cell products in June.

 

"ReliOn chose to work with Celestica not only because of its technical excellence and manufacturing expertise, but also its ability to provide exceptional supply chain leverage and lean manufacturing practices. This choice will enable us to lower the cost of building our products and to ramp production to meet market demand," said John Werderman, ReliOn president and chief executive officer. "We are fortunate to have Celestica's tier one experience contributing to our commercialization progress."

 

About ReliOn:

 

ReliOn is a leader in the development and marketing of ultrareliable, ultraclean modular Proton Exchange Membrane (PEM) fuel cell products. The company markets a variety of commercially available fuel cell products using its patented Modular Cartridge Technology(R). ReliOn products are available domestically and internationally for commercial and industrial backup applications in the 500-watt to 5-kilowatt range. ReliOn fuel cells are certified to multiple safety and performance standards. www.relion-inc.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.

 

 

Contact: ReliOn: Sandra Saathoff 509-228-6553 ssaathoff@relion- inc.com SOURCE ReliOn

 

 


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