Market Updates

Ballard’s Subsidiary Protonex Showcases Power Management Solutions at IDEX 2017

February 21, 2017

VANCOUVER, CANADA and SOUTHBOROUGH, MA, U.S.A. – Protonex Technology Corporation (“Protonex”), a wholly owned subsidiary of Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) today announced that it has launched its industry leading intelligent Power Manager and battery charger products in the Middle East.

Protonex is exhibiting and demonstrating its lightweight Power Management solutions for soldiers at the IDEX 2017 Expo and Conference in Abu Dhabi, United Arab Emirates, February 19th to 23rd.

The SPM-622 Squad Power Manager and the VPM-402 Vest Power Manager are lightweight, rugged, easy-to-use devices that provide universal power delivery to any load from a variety of power sources, such as A/C wall outlets, vehicles, batteries as well as from renewable power sources including solar, wind and fuel cells. With thousands of Protonex power managers now deployed to every major USSOCOM element, soldiers from Allied defense forces will be able to seamlessly share power with American forces and with one another, running and charging multiple systems quickly and easily.

Ray Summers, Protonex Director of Sales said, “Our recently announced EAR99 export classification for the SPM and VPM Power Managers paves the way for accelerated allied procurement of these mission critical devices. The enthusiastic reception we’ve received from allied partners has encouraged us to exhibit for the first time in the Middle East and Europe.”

Protonex is demonstrating its SPM and VPM products, as well as the Company’s new ultra-high-speed commercial and military battery charger. Visitors at IDEX 2017 can meet with Protonex and see product demonstrations at Exhibit Stand #01-A01, which it is sharing with Aeryon Labs.

About Protonex Technology Corporation
Protonex is a leading provider of advanced power management and fuel cell solutions for portable, remote and mobile applications. With a wide range of technical expertise and an expanding intellectual property portfolio, Protonex is well positioned to deliver high-performance, low-cost power solutions to military, commercial and consumer customers. On October 1, 2015, Protonex became a wholly owned subsidiary of Ballard Power Systems. Protonex remains a U.S. corporation headquartered in Southborough, MA.

Further information: Lawrence Holsworth +1.508.490.9960 x228; www.PTXnomad.com


About Ballard Power Systems
Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) provides clean energy fuel cell products enabling optimized power systems for a range of applications. Products deliver incomparable performance, durability and versatility. To learn more about Ballard, please visit www.ballard.com.

Further Information: Guy McAree +1.604.412.7919, media@ballard.com or investors@ballard.com