SFC Energy enters Cooperative Venture With Solar Stik™, Inc. To Broaden Markets

Brunnthal/Munich, Germany, and St. Augustine, FL, USA, March 15, 2016 – Two power industry leaders have joined forces to better serve their customers and to bring hybrid portable power solutions to the broader marketplace. SFC Energy, a leading provider of hybrid power solutions to the stationary and mobile power generation markets, and Solar Stik™, Inc., a U.S. based leader in the portable power industry, entered the first phase of a multi-phase, cooperative venture with Solar Stik providing collaborative support at its Florida-based headquarters for SFC Energy to better serve its North American customers.

The collaboration allows SFC Energy to service its fuel cell products at Solar Stik’s St. Augustine facility. During the first phase of the venture, Solar Stik team members will assist SFC Energy in logistics, service, and inventory support.

“As fuel cell technologies are rapidly maturing, this alignment of Solar Stik and SFC Energy will position both companies to take advantage of each other’s strategic positions in the field of application,” explained Brian Bosley, CEO of Solar Stik.

Both Solar Stik and SFC Energy have complimentary capabilities and both service similar customers in the portable power market space.
“Solar Stik and SFC Energy are a perfect match. Our U.S. based customers will appreciate the very high level of service and expertise that Solar Stik is known for industry wide. In addition, we will jointly design and manufacture energy solutions for the US market using SFC Energy’s fuel cell products and Solar Stik system integration know-how for our joint customer base,” said Dr. Peter Podesser, CEO of SFC Energy.”

The completion of the transition of SFC Energy’s U.S. service and repair operations to Solar Stik’s headquarters is anticipated to be complete by the end of April 2016. SFC Energy Inc. headquarters will be located in Winter Park FL and will cooperate in joint marketing with Solar Stik. Following the successful transition, SFC Energy plans to designate Solar Stik as the preferred U.S. integrator of SFC Energy products into Solar Stik customer deliverables for U.S. customers.

Additional information on SFC Energy and the Company’s off grid power portfolio for security & safety, oil & gas, defense, wind, traffic management, environmental and telecommunications, as well as consumer applications at www.sfc.com, www.efoy-pro.com, www.sfc-defense.com, and www.efoy-comfort.com. Additional information on Solar Stik at www.solarstik.com.

About SFC Energy Group
SFC Energy AG is a leading provider of hybrid solutions to the stationary and portable power generation markets. SFC is the number one supplier of fuel cells, with over 34,000 fuel cells sold to date. The Company has award-winning products and serves a range of applications in the Oil & Gas, Security & Industry and Consumer markets. The Company is headquartered in Brunnthal/Munich, Germany, operates production facilities in the Netherlands, Romania, and Canada, and sales offices in the U.S and Canada. SFC Energy AG is listed on the Deutsche Boerse Prime Standard (WKN: 756857 ISIN: DE0007568578).