Teledyne Wins Contract From Leading Fuel Cell Component Manufacturer
LOS ANGELES - May 8, 2002 - Teledyne Technologies Incorporated (NYSE:TDY) announced today that its subsidiary Teledyne Energy Systems, Inc. was awarded a contract to supply 32 MEDUSA™ RD test stations to a leading PEM fuel cell component manufacturer. The systems supplied under this multi-year contract will expand the customer's test capabilities and be used in the development of components used in the manufacture of PEM fuel cells.
The MEDUSA RD system is a next-generation fuel cell test station that provides automatic testing of fuel cells in power ranges up to 1000 watts. The test station provides water, fuel, and thermal management, as well as software and an electronic load designed specifically for fuel cell testing. The system control and safety features permit unattended 24/7 operation to allow customers to concentrate more on their fuel cell research and development rather than on their test hardware.
"We are pleased that leading researchers continue to choose the Teledyne Energy Systems fuel cell test systems for their research, development, and qualification activities," said Robert Mehrabian, chairman, president, and chief executive officer of Teledyne Technologies. "The award of this contract is a result of our commitment to deliver exceptional quality and service based on more than 30 years of hydrogen and fuel cell experience."
The Teledyne MEDUSA RD system is the result of an alliance between Teledyne Energy Systems, Inc. and Scribner Associates, Inc. Teledyne is responsible for providing the fuel and oxidant management system, overall system integration, sales and support. Scribner Associates, a recognized leader in testing equipment for electrochemical research, supplies its FuelCell™ software and electronic loads. The integrated system requires less than three square feet of bench space.
About Teledyne Energy Systems, Inc.
Teledyne Technologies combined its Energy Systems business unit with the assets and intellectual property of Energy Partners, Inc., to create majority-owned Teledyne Energy Systems, Inc. Teledyne Energy Systems (TES) is a leading global provider of on-site gas and power generation systems based on proprietary fuel cell, electrolysis and thermoelectric technologies. In addition, TES is pursuing new product opportunities in the fuel cell testing, vehicle refueling and PEM fuel cell markets. TES is recognized for product lines that are reliable, simple to install and easy to use. More information about Teledyne Energy Systems may be found at www.teledynees.com.
About Teledyne Technologies
Teledyne Technologies is a leading provider of sophisticated electronic components, instruments and communication products, systems engineering solutions, aerospace engines and components and on-site gas and power generation systems. Teledyne Technologies has operations in the United States, the United Kingdom and Mexico. For more information, visit Teledyne Technologies' website at www.teledyne.com.
About Scribner Associates, Inc.
Scribner Associate, Inc., (SAI) is a privately held company with more than 20 years experience in the design and development of software and laboratory instrumentation for electrochemistry. With an estimated one million operating hours on its fuel cell test hardware and software, SAI has field-proven products. SAI's instrumentation and industry benchmark software products are widely used by the fuel cell, battery, materials research and electrochemical sensor development communities. Additional information about Scribner Associates and its products may be found at www.scribner.com.