Ballard Power Systems to Supply Fuel Cells to Daimler AG

Ballard Power Systems, Vancouver, B.C., will supply Daimler AG fuel cell products for the auto manufacturer's fuel cell car and bus programs. The agreement provides for minimum revenue of approximately $24 million over eighteen months from April 2010, with roughly equal distribution in 2010 and 2011. Ballard Power Systems is a clean energy growth company with product leadership in fuel cell power solutions, focused on the material handling and stationary power markets.


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