Teledyne Technologies to Deliver Hydrogen Supply System for Fuel Cell Powered Buses
LOS ANGELES - January 10, 2001 - Teledyne Technologies Incorporated (NYSE: TDY) announced today that its Energy Systems business unit has agreed to provide a Titan HP series hydrogen gas supply system for SunLine Transit Agency.
SunLine Transit Agency operates the country's first 100 percent clean-fuels fleet of light-, medium-, and heavy-duty vehicles. SunLine provides public transit, para-transit (for disabled persons), and regional street-sweeping services for customers in the Palm Springs and Coachella Valley areas of California. The fleet, currently comprised of buses powered by compressed natural gas, will also include fuel cell powered buses.
"The Titan HP series is designed for flow rates up to 2,700 standard-liters-per-minute of hydrogen, making it the largest commercial generator Teledyne has designed and manufactured," said Robert Mehrabian, chairman, president and chief executive officer of Teledyne Technologies. "It is an important addition to our current portfolio of on-site hydrogen and oxygen generation systems."
Teledyne Energy Systems supplied SunLine with its Altus Series hydrogen generator three years ago in their initial demonstration project, and that generator is still in continuous operation.
Teledyne Technologies is a leading provider of sophisticated electronics and communications products, systems engineering solutions, and aerospace products and components, with operations in the United States, the United Kingdom and Mexico. Through Teledyne Brown Engineering, Inc., Teledyne Energy Systems, located in Hunt Valley, MD, produces on-site gas and power micro-generation systems, including fuel cell stacks.
This press release contains forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995. Actual results could differ materially from these forward-looking statements. Many factors, including product shipments and funding and continuation of municipal programs could change the anticipated results. Additional information concerning factors that could cause actual results to differ materially from those projected in the forward-looking statements is contained in Teledyne Technologies' periodic filings with the Securities and Exchange Commission, including its 1999 Annual Report on Form 10-K, and Form 10-Q for the quarter ended October 1, 2000.