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Leclanché S.A.

Regulatory Filings Mar 15, 2012

919_rns_2012-03-15_1ef6474d-dd05-42da-b960-e76f69a6f102.html

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News Details

Ad-hoc | 15 March 2012 07:24

Leclanché enters industrial container storage market

Leclanché SA / Key word(s): Miscellaneous

15.03.2012 07:24

Release of an ad hoc announcement pursuant to Art. 53 KR

Press Release

Leclanché enters industrial container storage market

  • Delivery of first of six storage racks to a global industrial company

  • Leclanché's lithium-Ion technology forms the heart of this industrial
    storage solution

  • Electronics and battery-system are developed by Leclanché's partner
    company ads-tec

  • Industrial container solution addresses growing need for grid
    management

Yverdon-les-Bains, March 15, 2012 - Leclanché S.A. (SIX Swiss Exchange:
LECN), a Swiss company specialized in the production of large-format
lithium-ion cells and energy storage solutions, has entered the industrial
energy storage market with the delivery of a first storage rack to a
leading global electronics and electrical company. Altogether, six racks -
each consisting of thirteen interconnected storage modules - with a total
storage capacity of 156 kWh will be delivered within the next weeks.

The racks, combining Leclanché's lithium-ion cells within an ads-tec
battery management system, can be utilized in industrial containers for
various applications such as grid stability management and also as
large-scale energy storage solutions for wind and solar farms.

'The delivery of this first storage rack to a global player represents our
entry into the industrial energy storage market. Leclanché's is able to
provide both partners and end customers with state-of-the art lithium-ion
cells with distinct product features and benefits, such as Titanate-Anodes
allowing 15.000 full charge and discharge cycles and a patented ceramic
separator that achieves superior safety levels', said Dr. Ulrich Ehmes, CEO
of Leclanché.

Due to the greater decentralized generation and the feed-in volatility of
renewable energies, scalable industrial storage systems play an
ever-increasing part in the efficient use of wind and solar power.
According to a recent research , by 2040 it will be regularly necessary to
store about 40 TWh of renewable energy in order to absorb the surpluses. In
Germany alone, a total of around EUR 30 bn of investment in new energy
storage systems will be required in the next two decades alone.

About Leclanché

Leclanché specializes in the production of tailor-made energy storage
solutions. Leclanché's strategy is to expand its position as one of the
leading lithium-ion cell producers and solution providers for renewable
energy storage systems in Europe. Its initial strategic priority are
stationary home electric energy storage applications and expansion into the
stationary industrial and grid electricity storage markets. Through
participation in research consortia focusing on off-road and automotive
applications, Leclanché is positioned to take advantage of new market
opportunities.

Through a licensed ceramic separator technology and focus on
lithium-titanate technology, Leclanché manufactures large format
lithium-ion cells optimized for safety and cycle-life in a fully automated
production process. Leclanché currently operates a fully automated pilot
production line with an installed annual production capacity of up to 4 MWh
in large-format lithium-ion cells. By the end of the second quarter of
2012, Leclanché expects to commence commercial production at its first mass
production line with an installed annual capacity of up to 76 MWh in
lithium-titanate cells.

Leclanché was founded in 1909 in Yverdon-les-Bains. Through the integration
of a spin-off from the Fraunhofer-Gesellschaft in 2006, the company evolved
from a traditional battery manufacturer to become a leading developer and
manufacturer of lithium-ion cells in Europe. Leclanché currently employs
120 staff and recorded revenues of CHF 15.1 million in 2010. The company
has its headquarters in Yverdon-les-Bains (Switzerland) and has production
facilities in Willstätt (Germany). Leclanché is listed on the SIX Swiss
Exchange (LECN).

Media contact:

Christophe Lamps, Dynamics Group S.A.: Telephone: +41 79 476 26 87,
[email protected]

Contact for German media:

Markus Wieser, CNC AG: Telephone: +49 89 599 458 114,
[email protected]

Disclaimer

This press release contains certain forward-looking statements relating to
Leclanché's business, which can be identified by terminology such as
'strategic', 'proposes', 'to introduce', 'will', 'planned', 'expected',
'commitment', 'expects', 'set', 'preparing', 'plans', 'estimates', 'aims',
'would', 'potential', 'awaiting', 'estimated', 'proposal', or similar
expressions, or by expressed or implied discussions regarding the ramp up
of Leclanché's production capacity, potential applications for existing
products, or regarding potential future revenues from any such products, or
potential future sales or earnings of Leclanché or any of its business
units. You should not place undue reliance on these statements. Such
forward-looking statements reflect the current views of Leclanché regarding
future events, and involve known and unknown risks, uncertainties and other
factors that may cause actual results to be materially different from any
future results, performance or achievements expressed or implied by such
statements. There can be no guarantee that Leclanché's products will
achieve any particular revenue levels. Nor can there be any guarantee that
Leclanché, or any of the business units, will achieve any particular
financial results.

15.03.2012 News transmitted by EquityStory AG.
The issuer is responsible for the contents of the release.

EquityStory publishes regulatory releases, media releases on the capital
market and press releases.
The EquityStory Group distributes authentic and real-time financial news
for over 1'300 listed companies.
The Swiss news archive can be found at www.equitystory.ch/news


Language: English
Company: Leclanché SA
Av. des Sports 42
1400 Yverdon-les-Bains
Switzerland
Phone: +41 (24) 424 65-00
Fax: +41 (24) 424 65-20
E-mail: [email protected]
Internet: www.leclanche.com
ISIN: CH0110303119, CH0016271550
Swiss Security Number: A1CUUB, 812950
Listed: SIX

End of Announcement EquityStory News-Service


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