Autoglass® Joins HOST

ITM Power (AIM: ITM), the energy storage and clean fuel company, is pleased to announce that Autoglass® has signed an agreement to participate in the Hydrogen On Site Trials (HOST) of ITM Power’s transportable high pressure refueling unit (HFuel).  The HFuel unit was built with support from the Technology Strategy Board (TSB) and was launched at the Company’s AGM on 15th September 2010. 

Autoglass® is part of the world's largest vehicle glass repair and replacement company and is the leading operator in the UK serving 1.5 million motorists each year.  Autoglass® have a fleet of 1,600 vehicles operating from 101 branches throughout the UK.

Commenting for ITM Power, CEO Graham Cooley said: “I am delighted to welcome Autoglass to the HOST scheme as another important return to base light commercial fleet operator recognises the value in our clean fuel proposition. The value in decarbonising light commercial fleets will become more of an economic decision as oil prices continue to rise and carbon based taxes and charges are introduced.”

For Autoglass®, Ged Raymond, Fleet Manager said: “We are excited by the potential of this technology to fuel a fleet of vehicles which operate in a return to base capacity and believe that it could represent a major opportunity to achieve our stated aims within reducing our carbon footprint.”

For further information please visit www.itm-power.com or contact:

ITM Power plc, Graham Cooley, CEO, 0114 244 5111

Panmure Gordon & Co, Katherine Roe, 020 7459 3600

Tavistock Communications, Simon Hudson / Andrew Dunn, 020 7920 3150

About HOST

HOST will begin in the first quarter of 2011, and comprises the operation and refueling of two Revolve Technologies hydrogen Ford Transit vehicles, with hydrogen produced on site at the point of use, at sites operated by participating companies and in the Gateway to London development area.  The list of trial partners, in order of publication, is as follows:

HOST provides each partner with a one week free trial of HFuel and the Revolve HICE transit vehicles, and an option to lease both HFuel and vehicles for additional week(s).  The demonstrations are 100% managed and operated by ITM personnel in liaison with site owners’ operations and management.

As part of the HOST programme ITM Power is actively seeking both technical partners interested in storing renewable energy, and commercial partners seeking to trial zero carbon fleets.