Ad-hoc | 22 June 2011 07:00
Leclanché SA / Key word(s): Contract
22.06.2011 07:00
Release of an ad hoc announcement pursuant to Art. 72 KR
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Leclanché SA signs large contract for portable
Lithium Ion battery packs
Yverdon-les-Bains, Switzerland, 22 June 2011 - Leclanché S.A. (SIX Swiss
Exchange : LECN), specialized in Lithium Ion energy storage solutions,
announced today that it has received a large order from an important
European customer worth CHF 12,5 million. This long term contract is for
the delivery of portable battery packs for use in ruggedized applications.
The battery packs, containing standard small format Lithium Ion cells, will
be produced in Yverdon and delivered between 2011 and 2015. Leclanché
developed the entire concept and battery management system.
'This order is based on our long term expertise in portable battery
solutions developed and assembled in Yverdon. It demonstrates our ability
to design entire battery management systems and is a further confirmation
and a strong signal that Leclanché is playing an important role in the
Lithium Ion market segment,' said Dr. Ulrich Ehmes, Chief Executive Officer
of Leclanché. 'Following our recently announced contract with Schüco for
stationary systems containing large format cells from our own proprietary
technology and production, this agreement proves the strong traction of
Leclanché in its markets.'
About Leclanché
Leclanché specializes in the production of tailor-made energy storage
solutions and is a leading manufacturer of large-format lithium ion cells
in Europe. Through a unique, licensed separator technology, the core
element of lithium ion cells, Leclanché is capable of manufacturing cells
with above-average safety features and a significantly increased life in an
automated production process. The company's core markets are industries
which have highest demands on energy storage systems. They include
stationary energy storage solutions, which allow better utilization of the
power supply system, large hybrid diesel engines and electric vehicles.
Leclanché has an installed annual production capacity of 100,000 large
format lithium-ion cells. To prepare for the increasing demand for this
technology, the company has decided to install an additional production
unit with a capacity of 1 million cells per year as of 2012.
Leclanché was founded in 1909 in Yverdon-les-Bains. Through the integration
of a spin-off from the Fraunhofer-Gesellschaft in 2006, the company
developed from being a traditional battery manufacturer to becoming a
leading developer and manufacturer of lithium ion cells in Europe.
Leclanché currently employs 94 staff and recorded revenues of CHF 15.05
million in 2010. The company has its headquarters in Yverdon-les-Bains
(Switzerland) and has production and development facilities in Willstätt
(Germany). Leclanché is listed on the SIX Swiss Exchange (LECN).
Contact for International and Swiss media:
Christophe Lamps, Dynamics Group S.A.: Telephone: +41 79 476 26 87,
cla@dynamicsgroup.ch
Disclaimer
This press release contains certain forward-looking statements relating to
Leclanché's business, which can be identified by terminology such as
'strategic', 'proposes', 'to introduce', 'will', 'planned', 'expected',
'commitment', 'expects', 'set', 'preparing', 'plans', 'estimates', 'aims',
'would', 'potential', 'awaiting', 'estimated', 'proposal', or similar
expressions, or by expressed or implied discussions regarding the ramp up
of Leclanché's production capacity, potential applications for existing
products, or regarding potential future revenues from any such products, or
potential future sales or earnings of Leclanché or any of its business
units. You should not place undue reliance on these statements. Such
forward-looking statements reflect the current views of Leclanché regarding
future events, and involve known and unknown risks, uncertainties and other
factors that may cause actual results to be materially different from any
future results, performance or achievements expressed or implied by such
statements. There can be no guarantee that Leclanché's products will
achieve any particular revenue levels. Nor can there be any guarantee that
Leclanché, or any of the business units, will achieve any particular
financial results.
22.06.2011 News transmitted by EquityStory AG.
The issuer is responsible for the contents of the release.
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Language: English
Company: Leclanché SA
Av. des Sports 42
1400 Yverdon-les-Bains
Schweiz
Phone: +41 (24) 424 65-00
Fax: +41 (24) 424 65-20
E-mail: investors@leclanche.com
Internet: www.leclanche.com
ISIN: CH0016271550, CH0110303119
Swiss Security Number: 812950 , A1CUUB
Listed: SIX
End of Announcement EquityStory News-Service
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