Greenlight Signs Japanese Partnership with TOYO

April 08, 2002 by Jeff Shepard

Greenlight Power Technologies Inc. (Burnaby, BC) announced that it has signed an exclusive distribution agreement with TOYO Corp. (Japan) to market, sell and service Greenlight's fuel cell test equipment in Japan. The closing of this partnership was instrumental in Greenlight being awarded a first-time fuel cell test station order from a large car manufacturer in Japan.

"We are very excited about our partnership with TOYO, the leading independent test and measurement distributor in Japan," said David Chapman, CEO, Greenlight Power Technologies. "TOYO has considerable knowledge of the Japanese fuel cell market and has developed close relationships with the leading companies focused on stationary, portable and automotive fuel cell technology in Japan. Providing regional sales and service will help accelerate Greenlight's growth in one of the world's foremost fuel cell markets."