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SFC Energy AG Earnings Release 2018

Mar 27, 2018

388_rns_2018-03-27_6286bb1d-16e9-438d-9980-ba4cb3b70bb0.html

Earnings Release

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News Details

Corporate | 27 March 2018 07:30

SFC Energy AG: Canadian subsidiary Simark Controls receives EFOY order for SCADA applications of new oil & gas player

DGAP-News: SFC Energy AG / Key word(s): Incoming Orders

27.03.2018 / 07:30

The issuer is solely responsible for the content of this announcement.


SFC Energy AG – Press Release

SFC Energy AG: Canadian subsidiary Simark Controls receives EFOY order for SCADA applications of new oil & gas player

Canadian Oil & Gas producer has ordered remote power packages complete with SCADA technology and EFOY Pro fuel cell.

– Simark product solution will be used in establishing the customer’s new operations in North Eastern British Columbia.

– Order amounts to approx. CAD 125,000.

Brunnthal/Munich, Germany, March 27, 2018 – Simark Controls Ltd., a subsidiary of SFC Energy (ISIN: DE0007568578 ), leading provider of hybrid power solutions to the stationary and mobile power generation markets, has received an order for fully integrated, turnkey remote power packages for oil & gas applications. The power packages come prewired and fully equipped with SCADA technology and SFC Energy’s EFOY Pro fuel cell for off-grid operation of equipment at the customer’s newly established oil & gas operations in North Eastern British Columbia, Canada. The order amounts to approx. CAD 125,000.

Simark’s integrated SCADAPack systems are used to locally control four of the customer’s pipeline riser sites. The solution with EFOY Pro fuel cell was selected due to its flexibility and ultra fast set up and removal at the site, eliminating the need to tap into existing pipelines for power.

The high energy density of the EFOY Pro’s fuel is a major benefit for the customer. Due to their low weight replacement fuel cartridges can easily be transported to remote test locations, for uninterrupted system operation even in conditions with limited accessibility to the sites due to rough weather. The fuel’s high stability in extreme conditions also played a significant role in the customer’s selection of Simark’s solution with EFOY Pro fuel cell.

“The customer wanted ultimate power reliability. Operation of the SCADA systems at the sites must be ensured 24/7,” says Derek L’Hirondelle, Vice President of Process Automation & Energy at Simark Controls. “Our integrated SCADAPack systems are customized plug & play solutions, designed to meet the toughest application demands. The EFOY Pro fuel cell is a real asset, as it provides 100% reliable, environmentally friendly, weather independent power, anytime, anywhere. We are continuing to see a growing demand for this technology in the oil & gas industry.”

Additional information on the SFC Energy’s off grid power portfolio for defense, security & safety, oil & gas, wind, traffic management, environmental and telecommunication applications at www.sfc-defense.com , www.efoy-pro.com and at www.sfc.com . Additional information on Simark at www.simark.com .

About Simark Controls Ltd.

Simark Controls Ltd. ( www.simark.com ), a company of SFC Energy AG, is a service oriented, value added sales company specializing in custom integrated and manufactured solutions of high quality instrumentation, automation, energy and power products. Simark provides instrumentation & measurement systems, power components & drives, security & surveillance equipment for the oil & gas industry and mining, forestry & community supply markets. The Company is headquartered in Calgary, Alberta, with sales offices in Edmonton and Grand Prairie, Alberta, Saskatoon, Saskatchewan, Vancouver, British Columbia and Montreal, Quebec.

About SFC Energy Group

SFC Energy AG ( www.sfc.com ) is a leading provider of hybrid solutions to the stationary and portable power generation markets. SFC is the number one supplier of fuel cells, with over 39,000 fuel cells sold to date. The Company has award-winning products and serves a range of applications in the Oil & Gas, Security & Industry and Consumer markets. The Company is headquartered in Brunnthal/Munich, Germany, operates production facilities in the Netherlands, Romania, and Canada. SFC Energy AG is listed on the Deutsche Boerse Prime Standard (GSIN: 756857 ISIN: DE0007568578 ).

SFC Press Contact:

Ulrike Schramm

SFC Energy AG

Eugen-Sänger-Ring 7

D-85649 Brunnthal

Tel. +49 89 673 592-377

Fax. +49 89 673 592-169

Email: [email protected]


27.03.2018 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

Archive at www.dgap.de


Language: English
Company: SFC Energy AG
Eugen-Saenger-Ring 7
85649 Brunnthal
Germany
Phone: +49 (89) 673 592 – 100
Fax: +49 (89) 673 592 – 169
E-mail: [email protected]
Internet: www.sfc.com
ISIN: DE0007568578
WKN: 756857
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange
End of News DGAP News Service

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