Proton Arabia

PROTON ENERGY SYSTEMS AND SUPPLYCORE ANNOUNCE JOINT COMPANY VENTURE IN SAUDI ARABIA

The two companies extend partnership to create new company based in Riyadh; joint companyventure to include manufacturing and covers the entire Arab world

RIYADH (Oct. 4, 2010) – Proton Energy Systems, the global leader in on‐site hydrogengeneration and control systems, announced today at POWER‐GEN Middle East a joint venturewith SupplyCore Middle East to provide on‐site hydrogen generation and control solutions toSaudi Arabia, the largest economic market in the Arab world, as well as the rest of the otherArab nations in the region. The agreement extends the initial partnership established by the twocompanies in 2009 to create a new company and now covers sales, installation and service oftheir hydrogen generation and control equipment for all Arab nations, which also includes somemanufacturing in Saudi Arabia. This new entity will be called 'Proton Energy Arabia' (www.protonenergyarabia.com).  

“We are excited to enhance our relationship with SupplyCore Middle East and provide ourhydrogen generation solutions to businesses, manufacturers and government entities in theMiddle East region and beyond,” said Rob Friedland, president and chief executive officer forProton Energy Systems. “The agreement demonstrates Proton Energy Systems’ commitment tothe region, further solidifies our position as a global leader in on‐site hydrogen generation andcontrol systems, and better positions us to support growth in this rapidly expanding market.”

Proton Energy is the global leader in on‐site hydrogen generation. Proton Energy Systemsdesigns and manufactures proton exchange membrane (PEM) electrochemical systems that donot utilize any hazardous chemicals to make hydrogen from water producing safe, pure, reliableon‐site hydrogen to meet global hydrogen requirements. With more than 2,000 systemsinstalled in 60 countries on all seven continents, Proton Energy Systems is creating value aroundthe world.

Supporting The Power Generation Process

Recognizing the importance of supporting power generation processes, Proton Energy Systemsentered into the joint venture with SupplyCore Middle East to provide Middle Easternorganizations in the power, oil and gas sector the ability to meet on‐site hydrogen requirementsranging from grid‐level support for energy storage, to turbine generator cooling in power plants.  This announcement comes shortly after the commissioning of a hydrogen generation unit at theKing Abdullah University of Science and Technology (KAUST). Additionally, Proton EnergySystems and SupplyCore Middle East recently sold on‐site hydrogen generation technology tothe Saudi Electric Company and plan to commission this unit in October.“

The need for power generation in Saudi Arabia has grown the past few years and will continueto expand as supply tries to keep pace with demand in the coming years,” said Sattam Al‐Suwailem, president and chief executive officer of SupplyCore Middle East. “We are verypleased to expand our partnership with Proton Energy Systems, a proven international energyleader, as it enables us to improve upon current power generation solutions in the region.”

About SupplyCore Middle East  

SupplyCore Middle East (SCME) is a Saudi‐based service and solution provider of advancedtechnology to support critical infrastructure needs. Working closely in the Middle East withmany international industry‐leading manufacturers, SCME provides innovative solutions forpower generation, oil/gas, water treatment, waste water treatment and re‐use, and beveragebottling. SCME is recognized for its extensive experience in sales, service and support for powergeneration equipment, and the company has provided much needed services to governmentaland commercial customers throughout the Middle East. Headquartered in Riyadh, Saudi Arabia,SupplyCore Middle East has offices and warehouses in Riyadh and Dammam, Kingdom of SaudiArabia, Kuwait City, Kuwait, Dubai, U.A.E., along with support in the United States for its US‐based manufacturers. SCME provides sales, support and services to the entire ArabWorld. Formore information, please visit www.supplycoreme.com.

About Proton Energy Systems  

Proton Energy Systems designs and manufactures proton exchange membrane (PEM)electrochemical systems to make hydrogen from water in a zero pollution process producingsafe, pure, reliable onsite hydrogen to meet today’s global hydrogen requirements. ProtonEnergy Systems has been developing and manufacturing world‐class electrolysis systems since1996, with thousands of units deployed world‐wide, on every continent. With a reputation forbuilding robust, reliable, and safe systems, federal, state, and commercial partners repeatedlyseek the creative solutions that Proton Energy Systems has proven it is capable of delivering. Formore information, visit www.ProtonEnergy.com.