Element 1 Corp signs Technology License Agreement with Global
Manufacturer for the Production of Hydrogen Generators and Fuel Cell
Bend, Oregon, U.S.A., January 8th, 2018– Element 1 Corp (“e1”), a developer of hydrogen generation
technology, today announced it has signed a technology license agreement for the S-Series Hydrogen Generator with a global manufacturing company based in Asia. Under the agreement, e1 will provide a license to its industry-leading hydrogen generation technology as well as engineering consulting services to advance future versions of the customer’s fuel cell power systems.
e1’s new licensee is a long-time established company based in Taiwan and focused on producing
high-quality, clean-energy technologies for Asia and Europe. They have been working with fuel-cell
related technologies for the last 10 years and are now ready to bring their latest fuel cell power
solution to market. The initial focus will be deploying fuel cell power solutions to telecom providers
in southeast Asia.
“We continue to see increased levels of fuel cell activity from OEMs throughout the global energy
industry,” said Dave Edlund, e1’s Chief Executive Officer. “We have a long history working with this
company, and have been impressed with the capabilities that they bring to the rapidly growing
hydrogen economy. At e1, we are uniquely positioned to offer our licensing partners bundled
technology solutions providing access to our intellectual property focused on hydrogen generation
and integrated fuel cell systems. This contract reflects the growing acceptance of e1’s hydrogen
generation technology as the industry standard supporting PEM fuel cell solutions under 100 kW.
The increased activity in clean-energy technologies, together with e1’s expanding list of technical and
economic advantages are the primary drivers behind the five new agreements e1 has implemented
over the last year with Asian-based companies.”
Element 1 Corp:
Element 1 designs and develops novel processes to enable commercialization of clean-energy and
alternative-energy technology. Through licensing our IP to strategic partners, our mission is to
significantly reduce barriers to the adoption of hydrogen technology and fuel cells for a range of
applications, and to reduce the waste and pollution associated with flaring natural gas. For more
information about Element 1, please visit www.e1na.com.
Element 1 Corp
Investor / Analyst Contact:
Element 1 Corp