Loughborough (UK) — 30 November 2015 - Intelligent Energy, the fuel cell technology company, is delighted that its engagement with a significant number of parties across the full Consumer Electronics (CE) spectrum in relation to its embedded fuel cell technology, has, today, resulted in an agreement with an emerging smartphone OEM to create a tailored development and integration programme for a specific smartphone application. It is intended that the programme will build on Intelligent Energy’s existing prototype smartphone with an embedded fuel cell and may, in time, result in the licensing of Intelligent Energy’s technology. In the short-term, once the programme is agreed, Intelligent Energy would generate revenue from delivery of the programme. With smartphones using an ever increasing amount of power as they become more sophisticated, consumers are becoming increasingly frustrated with the current limitations of battery life. Embedding a fuel cell into the phone, using hydrogen to power it, means consumers can have off grid power for their phones when and where they want. Intelligent Energy’s solution retains the smartphone’s existing technology including its battery. Julian Hughes, Acting Managing Director for Intelligent Energy’s Consumer Electronics division, said: “We believe embedding fuel cell technology into portable devices provides a solution to the current dilemma of battery life. We already have working prototypes so we are delighted to move to the next stage of development and look forward to further relationships of this type as OEMs show increasing interest in our capabilities.” ENDS About Intelligent Energy Intelligent Energy Holdings plc is an energy technology group which develops efficient and clean hydrogen fuel cell power systems for the global automotive, consumer electronics, distributed power and generation markets – from powering zero-emission vehicles to compact energy packs for mobile devices and stationary power units for the always-on infrastructure. Working with international companies, Intelligent Energy aims to embed its technology in mass market applications to solve the challenges of continuous power and productivity, by creating everyday energy solutions to power people’s lives. The Group’s intellectual property and expertise is based around proprietary fuel cell technologies, which are the product of over 25 years of research and development. Its patent portfolio includes more than 1,000+ patents granted and 1,000 patents pending across over 400 patent families. The Group also maintains a significant body of confidential know-how and trade secrets. With its principal facility and headquarters in Loughborough, UK, the company also has operations in India, Japan and Singapore, a commercial office in Silicon Valley, USA and development facilities co-located at the French Alternative Energies and Atomic Energy Commission in Grenoble and at NASA in Florida, USA. Intelligent Energy Holdings plc is listed on the London Stock Exchange and has an ADR program in the USA (LSE: IEH; ADR: INGYY). More information on Intelligent Energy is available at Twitter, YouTube and LinkedIn. Or visit http://www.intelligent-energy.com. Media Contact Debbie Hughes, Head of PR D +441509 271921 M +447885 879741 Edebbie.hughes@intelligent-energy.com
Earlier this week, Intelligent Energy (IE), announced “its engagement with a significant number of parties across the full OEM (CE) spectrum in relation to its embedded fuel cell technology, has, today, resulted in an agreement with an emerging smartphone Consumer Electronics to create a tailored development and integration programme for a specific smartphone application”. The aim of the agreement is to build on IE’s existing smartphone technology combined with an embedded fuel cell in the hope of licensing the technology. According to IE: “We believe embedding fuel cell technology into portable devices provides a solution to the current dilemma of battery life. We already have working prototypes so we are delighted to move to the next stage of development and look forward to further relationships of this type as Consumer Electronicss show increasing interest in our capabilities.”