ZeTek Power Approved Systems Integrator -ZASI- Programme Launched
6 March 2000
ZeTek Power Approved Systems Integrator -ZASI- Programme Launched
NEW YORK--March 6, 2000--ZeTek Power plc, the leading European fuel-cell company, has announced a significant expansion programme with major implications for automotive, marine and distributed power applications. The company is actively encouraging partners to sign us as ZeTek Approved Systems Integrators (ZASI) to develop specific commercial applications of its fuel cell technology.ZeTek Power's alkaline fuel cell modules generate electricity by the catalytic conversion of hydrogen and oxygen, producing no polluting by-products. The modules can be connected together for use in virtually any application where electricity can be used as a form of power. ZeTek Power has three operating divisions which cover three markets: ZEVCO Ltd (for commercial vehicles), ZEMAR Ltd )for all marine applications afloat or on shore) and ZEGEN Ltd (for distributed power generation in communities, buildings and at remote sites).
Each application of the fuel cells requires integrated operating systems containing pumps and valves, management systems and power converters. ZASIs will develop and market commercial fuel cell applications which integrate these systems with ZeTek technology. Each fully developed and integrated application will be called an electro-chemical engine (ECE)
Nicholas Abson, Zetek Power Chief Executive, says: "With our ZASI programme we are inviting partners to join us in bringing to the world pure, clean air. We at ZeTek Power are convinced that our technology is the only low temperature fuel cell system safe and reliable enough for widespread operations on the road, at sea or on-site, and we look forward to welcoming new partners in our move towards creating a more environmentally friendly environment."
Editors Notes:
1) ZeTek was founded in 1994 as the Zero Emission Vehicles Company
(ZEVCO) and has developed a unique zero emission technology based
on the use of alkaline fuel cells. This produces electricity and
water vapor by reacting hydrogen and oxygen together
electrochemically, rather than by combustion. This process
produces no noxious pollutants that might contribute to the
greenhouse effect.
2) To become a ZASI, integrators will be required to demonstrate the
following:
That the system integrators make efficient use of the ZeTek fuel cell specifications and that they do not damage the modules under normal operation.
That the system integrator has the capacity to supply and support the systems in their target market. The level of support required will depend on the application and market, and may include payable support from the end-user.
To remain in the programme the system integrator will be required to demonstrate that they can meet reasonable levels of market supply and support.
3) ZASIs will have the following benefits:
ZeTek's guarantees and warranties on the fuel cell modules will be maintained for end-users when integrated into approved systems commercialised by the ZASI.
ZASIs will be updated and trained in the latest developments in ZeTek's technology and will participate in product testing and market development programmes.
ZASIs will be invited to attend regular ZeTek events to learn about ZeTekproducts and to network with other partners.
ZASIs will be guaranteed supplies of fuel cell modules at a favourable price.
ZASIs will participate in a marketing incentive fund where a percentage of turnover is set aside for joint marketing activities, for example to fund trade shows on a shared cost basis.
4) Each ZASI can purchase, at preferential rates, a limited number
of ZeTek fuel cell modules. After the issuing of a conformity
certificate, ZeTek will guarantee its fuel cell modules in the
ZASIs configuration.