Nolato and myFC® Fuel Cell collaboration

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Collaborating with The Nolato Group allows myFC® AB to leverage on their quality production facilities and realize this breakthrough technology more rapidly and cost ef fectively. This opportune cooperation also taps on the same customer base – portable electronics users. The Nolato Group is a high-tech developer and manufacturer of polymer components and product systems for leading customers in telecommunications, the automotive industry, household goods, medical technology, hygiene and other selected industrial segments. This partnership has a great implication of an unlimited, cost-ef fective source of power on the world’s growing power crisis, particularly in people using the power-consuming multimedia portable devices, commented Lars “Malte” Persson, Nolato Director Research and Development. One of the key issues that Nolato and myFC® will be working on will be lowering the cost of production further, mentioned Jonas Persson, President Nolato Telecom Business Area, Executive Director Nolato Group. The resultant decrease in price of fuel cells will make it more af fordable for the end-users. Today, being able to produce a working prototype is a milestone that myFC® and Nolato have achieved through this partnership. Malte expressed: “With all the in-house technology, Nolato hopes that we will be able to produce fuel cells that are incorporated into mobile phones soon.” For more information, please contact: Björn Westerholm, CEO, bjorn.westerholm@myFC.se, +46 706 56 20 07 Anders Lundblad, CTO and Founder, anders.lundblad@myFC.se, +46 768 63 25 79