Sep 26, 2016
Ballard Announces Name Change For European Subsidiary
VANCOUVER, CANADA and HOBRO, DENMARK – Ballard Power Systems (NASDAQ: BLDP; TSX: BLD) announced today that it has changed the name of its Denmark subsidiary from Dantherm Power A/S to ‘Ballard Power Systems Europe A/S’. The name change reflects an expanded role being undertaken in support of fuel cell market development and customer support throughout Europe.
Operating under its new name, Ballard Power Systems Europe A/S will focus activities on supporting Ballard’s customers, projects and business development efforts in Europe. Today Ballard Power Systems is present in Europe with more than 50 employees located in Denmark, Germany, France and the United Kingdom. Ballard Power Systems Europe A/S will also continue to sell and support the FCgen®-H2PM backup power system for deployment at critical IT and telecommunications infrastructure sites.
“The new name – Ballard Power Systems Europe A/S – emphasizes our expanded role to better support the full breadth of Ballard’s activities in Europe,” said Jesper Themsen, Chief Executive Officer of Ballard Power Systems Europe A/S. “The unique competencies of the European team are built on fifteen years of experience integrating fuel cells into reliable clean energy applications, to provide customers with the leading fuel cell products and support.”
The local service team will play a critical role in supporting Ballard-powered zero-emission fuel cell buses used in public transit revenue service on European roads. With fleet sizes growing, premium support services will be readily available from experienced support personnel, ensuring safe and reliable operation of these buses with maximum operational uptime.
Along with the name change, Ballard Power Systems Europe A/S has also adopted the Ballard brand, including logo and visual identity.
These changes are effective immediately and all future business activity will be undertaken under the new name.
About Ballard Power Systems
Ballard Power Systems (NASDAQ: BLDP; TSX: BLD) provides clean energy products that reduce customer costs and risks, and helps customers solve difficult technical and business challenges in their fuel cell programs. To learn more about Ballard, please visit www.ballard.com.
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