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Article: Hydrogenics Announces Termination of Manufacturing and Supply Agreement With APC.
- Article from:
- Marketwire Canada
- Article date:
- July 22, 2009
CopyrightCOPYRIGHT 2009 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MISSISSAUGA, ONTARIO, Jul 22, 2009 (Marketwire via COMTEX) -- Hydrogenics Corporation (TSX:HYG)(NASDAQ:HYGS), a leading developer and manufacturer of hydrogen generation and fuel cell products, announces that it has formally notified American Power Conversion Corporation ("APC") of the termination of the manufacturing and supply agreement (the "Supply Agreement") dated August 9, 2006 between Hydrogenics and APC.
The Supply Agreement provided that APC would purchase up to 500 HyPM(R) XR 12 kW Fuel Cell Power Modules from Hydrogenics for integration into APC's NCPI solutions, specifically its InfraStruXure(R) architecture, over a three year period, subject to the ...