Proton Motor welcomes the name change of its UK parent company

Puchheim near Munich, January 2, 2020 – The German high-tech market leader for hydrogen fuel cells and electric hybrid systems with a zero-carbon footprint, “Proton Motor Fuel Cell GmbH” (www.proton-motor.de), from Puchheim enthusiastically welcomes the change of name of its parent company from “Proton Power Systems PLC” to “Proton Motor Power Systems PLC”. Proton Motor concludes a very successful 2019 in which the official commissioning of the new fuel cell stack robotic machine to start the series production took place. Besides this milestone in the more than 20 years of company history, significant new orders – such as that from the Italian Fincantieri shipbuilding group – for emission-free complete fuel cell solutions have been confirmed.

The UK-based holding Proton Motor Power Systems (www.protonpowersystems.com) with its CEO Dr. Faiz Nahab has been listed on the London Stock Exchange since October 2006 (code: PPS). The new name has been notified officially to the Stock Exchange, so the trading in the company`s shares could commence regularly after the name change. At the company`s shareholder meeting held mid of December 2019 the resolution to change the company`s name tabled to the shareholders was duly passed.

Company contact:
Proton Motor Fuel Cell GmbH
Benzstrasse 7, D-82178 Puchheim
Viktoria Hackner / Marketing
+49 /89 / 127 62 65-31
v.hackner@proton-motor.de

Press contact:
Proton Motor Fuel Cell GmbH
Benzstrasse 7, D-82178 Puchheim
Ariane Guenther / Media Communications
ariane.guenther@ag-komm.de
+49 / 221 / 926 19-888

About Proton Motor Fuel Cell GmbH (www.proton-motor.de):
With more than 20 years of experience, internationally active Proton Motor Fuel Cell GmbH is Germany's expert for energy solutions with cleantech technologies and a specialist in fuel cells in this field. Located in Puchheim near Munich, Proton Motor offers complete fuel cell and fuel cell hybrid systems from its own production – from development to production to the realisation of customer-specific solutions. Proton Motor focuses on stationary applications such as back-up power and energy storage solutions, as well as mobile solutions such as back-to-base applications. The solutions can also be applied in the maritime and rail sectors. The product portfolio includes basic fuel cell systems, standard complete systems and customised systems. The official commissioning of the new automatic fuel cell stack machine to start the series production took place in September 2019.

Proton Motor is active in the stationary sector for customers in the IT, telecommunications, public infrastructure and healthcare sectors in Germany, Europe and the Middle East with power supply solutions for DC and AC demand. In addition to power supply, the SPower product range also offers solutions for solar systems as well as a new product line for the storage of solar energy. Proton Motor Fuel Cell GmbH, with currently 75 employees under the management of Dr. Faiz Nahab, is a wholly owned subsidiary of Proton Motor Power Systems (www.protonpowersystems.com) with headquarters in Newcastle upon Tyne, England. The company has been listed on the London Stock Exchange since October 2006 (code: PPS).

This release was published on openPR.