- More than €1 million additional sales in 2014
- Further purchase orders with increasing revenues expected in 2015
Berlin, November 5, 2014 – Heliocentris Energy Solutions AG, a leading provider of hybrid energy supply solutions has received a €1 million purchase order for its innovative Energy Management Systems from a world leader in the design and manufacture of diesel generators and power generation equipment. This is the first volume order resulting from the five-year strategic international supply agreement signed in autumn 2013.
Ayad Abul-Ella, CEO of Heliocentris AG, is delighted about this progress: “After more than 1 year of extensive testing of our Energy Management Systems and subsequent qualification of their own technology based on our system, we have received the first volume purchase orders from our largest OEM customer totaling to more than €1 million revenue to be delivered still in the current fiscal year. Given the distribution and partner network of many thousand distributors across the globe, we are looking forward to many more volume purchase orders from this OEM Customer to come. We are very pleased to see how this next and very important growth driver for our revenues in 2015 and beyond is now materializing."
About Heliocentris Energy Solutions AG
Heliocentris Energy Solutions AG is a leading provider of hybrid power solutions and managed power services for global customers in the fields of information and communication technology, education and applied research. Heliocentris’ energy management systems create intelligently controlled, reliable and high-efficiency hybrid energy solutions from diverse components such as batteries, photovoltaic modules, conventional diesel generators and fuel cells. The solutions reduce CO2 emissions by an average of more than 50% and operating costs by an average of more than 60% compared to conventional energy solutions for mobile telecommunications base stations. Heliocentris' fuel cell systems ensure best in class uninterrupted power supply to critical infrastructure such as tetra base stations, back-bone sites in mobile networks and server stations. The Company employs around 170 people and is headquartered in Berlin with offices in Munich, Stuttgart, Dubai, Kuala Lumpur, Vancouver and Johannesburg. Heliocentris AG shares are traded in the Entry Standard of the Frankfurt Stock Exchange under the security identification number (A1MMHE). Further information is available at: www.heliocentris.com.
This press release contains forward-looking statements that are based on current assumptions and forecasts of the management of Heliocentris Energy Solutions AG. Known and unknown risks, uncertainties and other factors could lead to material differences between the forward-looking statements given here and the actual development, in particular the results, financial situation and performance of our Company. The Company assumes no liability to update these forward-looking statements or to conform them to future events or developments. The information in this press release does not constitute an offer of securities for sale or a solicitation of an offer to purchase securities in the United States or any other country.
Heliocentris Energy Solutions AG
Heliocentris Energy Solutions AG
Tel.: +49 89 2000 414 440