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IdaTech Signs Italian Agent for Fuel Cell Systems

June 29, 2004 by Jeff Shepard

IdaTech Corp. (Bend, OR), a fuel cell system/component and fuel cell solutions provider, has entered into an agency agreement with energy engineering firm RENCO SpA (Italy) for the market development and distribution of IdaTech's fuel cell systems and hydrogen generation products. The agreement will support the distribution of IdaTech's fuel cell products by RENCO into multiple Italian markets, including backup power, hydrogen infrastructure development, and combined heat and power.

"This represents another milestone for IdaTech in building critical commercial capabilities and development partnerships," said IdaTech President and Chief Executive Officer Claude Duss. "We believe that the unique characteristics of the Italian market make it very appealing for IdaTech's solutions, and further supports the development of an international platform for distributed generation and specific products IdaTech is currently developing."