Morphic Technologies: Morphic Impact Receives New Test Order with Leading Automotive Manufacturer

Morphic (STO:MORPB) Impact’s test center in Tokyo has received an order for three further test and verification platforms from one of the world’s five largest automotive manufacturers. The order marks a significant step on the way to mass production of flow plates for fuel cells.

In February 2008 Morphic Impact opened a technology center in Shin-Yokohama outside Tokyo in Japan. At the same time the company announced that one of the world’s five largest car makers had booked the facility to produce test series of fuel plates for cars. The partnership follows a structured plan comprising a number of different stages in the form of test and verification platforms. The first two platforms, produced in the spring, have now successfully passed the critical quality tests specified in the project plan.

As a result, the customer has placed a new order for a further three platforms. The platforms will be manufactured and delivered in fall and will then be evaluated by the customer in the first quarter of 2009.

“The verification program is extensive and demanding. The fact that we are now taking the next step with one of the world´s leading car manufacturer in shows that we are growing in line with our expectations of how the market for fuel cells will develop,” Martin Valfridsson, Morphic Impact’s CEO, says.