Hydrogenics Signs Agreement with Hankook BEP

August 05, 2001 by Jeff Shepard

Hydrogenics Corp. (Canada) announced that it has signed an exclusive agency agreement with Hankook BEP Co. Ltd. (Korea) to market and sell Hydrogenic's FCATs products in the Korean market. FCATs is Hydrogenic's line of automated industrial systems for testing and controlling fuel cells and fuel cell stacks.

"This marks another step in establishing Hydrogenics' presence in the Asia-Pacific marketplace," said Pierre Rivard, president and CEO of Hydrogenics. "We believe that Hankook's broad contacts in the Korean automotive industry will provide an effective impetus to our Asia-Pacific sales efforts."