Fuel Cell Partnership

Avista Labs, a wholly owned subsidiary of Avista Corp. and Aperion Energy Systems, LLC have announced a joint agreement to develop and market small-scale backup power solutions using Avista Labs’ Modular Cartridge Technology(TM) proton exchange membrane (PEM) fuel cells.

SPOKANE, Washington – April 24, 2002 [SolarAccess.com] Aperion will integrate Avista Labs’ fuel cell systems with other components, including hydrogen fuel solutions and will eventually include Aperion’s patented high-efficiency power electronics. Joint marketing efforts will be aimed at commercial applications in telecommunications and utility target markets and other industries with premium power needs or backup power requirements up to 10 kW. According to the agreement, Aperion will initially purchase and integrate 30 “Independence 1000” fuel cell systems from Avista Labs in 2002. The number of systems marketed is expected by both parties to increase substantially during 2003 and 2004. The Avista Labs unit is a 1 kW hydrogen fueled PEM fuel cell system. “We completed an exhaustive review of PEM fuel cell technologies and concluded that Avista Labs’ fuel cells, with their reliable, easy-to-service, hot-swappable cartridges are ideally suited for backup power applications. Additionally, those products are available today,” said William J. (Bill) Book, Aperion’s president and chief executive officer. “While both Aperion and Avista Labs are excited about this agreement, the real winners will be customers who value reliable power systems that are cleaner and more hassle-free than conventional backup power technologies.”

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