SAN DIEGO, Sept. 26, 2018 (GLOBE NEWSWIRE) -- Hydrogenics Corporation (NASDAQ: HYGS; TSX: HYG) (“Hydrogenics” or “the Company”), a leading developer and manufacturer of hydrogen generation and hydrogen fuel cell power systems, today announced that it will supply six heavy-duty fuel cell power modules to GTI and TransPower for a set of Class 8 Navistar drayage trucks scheduled to be deployed in Southern California early next year. The trucks are part of the California Air Resources Board’s “California Climate Investments” program, meant to enable the acceleration of low-carbon technology in commercial trucking applications. For this project, GTI is the program manager, TransPower the vehicle integrator, Navistar the chassis provider, and Total Transportation Services Inc. (TTSI) will serve as operator. Hydrogenics’ fuel cells are expected to be shipped in the fourth quarter of 2018; additional terms were not disclosed.

Consortium Will Build World’s Largest Remotely-Controllable Hydrogen/Wind Plant

The post PyroGenesis Announces Receipt of Multi-Million Dollar Order for Two DROSRITE™ Furnace Systems appeared first on PyroGenesis Canada Inc..

The post PyroGenesis Announces Receipt of Payment of $561,600 from HPQ; Assembly Phase of Pilot Equipment Commences appeared first on PyroGenesis Canada Inc..

Vancouver, Canada, September 12, 2018 – Legend Power® Systems Inc. (TSX-V: LPS), a global leader in voltage management technology, announces the addition of a new 4000 Amp system to its product line. With seven current systems between 600 and 2500 Amps, the new unit represents a 60% increase in total system capacity offering Legend’s customers access to a significantly enhanced range of power management solutions providing a superior solution and economics.

The new system’s increased voltage management capabilities significantly enhance Legend’s addressable market. The need is particularly acute in large U.S. markets where the size and density of buildings requires capabilities previously beyond Legend’s reach. Legend and a key contractor partner are pleased to have installed the unit as specified electrical equipment in a recently completed big box retail customer building.

Said Legend’s CEO Randy Buchamer, “We see tremendous opportunity in the large U.S. markets for a bigger capacity, enhanced system to further extend our value proposition. Legend is now capable of providing a leading energy solution for virtually all commercial buildings in our target verticals including big box retail, major office towers, and large scale multi-residential.”

About Legend Power’s 4000 Amp Harmonizer^TM
The enhanced capacity of the 4000 Amp Harmonizer system provides customers a strong value proposition for buildings with significantly higher power demand. Previously, Legend was either unable to offer a solution, or would have to install two or more systems to address client needs. Meeting energy management requirements with a single 4000 Amp unit means lower capital outlay and a shorter payback period.

About Legend Power® Systems Inc.

Legend Power® Systems Inc. (www.legendpower.com) is a global leader in voltage management technology. We help buildings use less energy by eliminating ‘overvoltage’; an inherent challenge associated with power grids around the world. Legend’s industry-proven HarmonizerTM enables dynamic power-management of an entire building. The proprietary and patented system reduces total energy consumption and power costs, while also maximizing the life of electrical equipment. Legend’s unique solution is also a key contributor to both corporate sustainability efforts, and the meeting of utility energy efficiency targets.

For further information, please contact:

Steve Vanry, CFO
+ 1 604 671 9522
svanry@legendpower.com

Sean Peasgood, Investor Relations
+ 1 647 503 1054
sean@sophiccapital.com

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This Press Release may contain statements which constitute “forward-looking information”, including statements regarding the plans, intentions, beliefs and current expectations of the Company, its directors, or its officers with respect to the future business activities and operating performance of the Company. The words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions, as they relate to the Company, or its management, are intended to identify such forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future business activities or performance and involve risks and uncertainties, and that the Company’s future business activities may differ materially from those in the forward-looking statements as a result of various factors. Such risks, uncertainties and factors are described in the periodic filings with the Canadian securities regulatory authorities, including the Company’s quarterly and annual Management’s Discussion & Analysis, which may be viewed on SEDAR at www.sedar.com. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update these forward-looking statements other than as may be required by applicable law.

The post Legend Power® Enhances Harmonizer™ Capabilities, Grows Addressable Market appeared first on Legend Power Systems Inc..

The post PyroGenesis Announces Receipt of Military Contracts totaling $670,000 appeared first on PyroGenesis Canada Inc..

Vancouver, Canada, September 6, 2018 – Legend Power® Systems Inc. (TSX-V: LPS), a global leader in voltage management technology, announces the follow-on purchase of three Harmonizer systems by a multi-family and commercial real estate investment company, totalling C$236,735. This order brings to 6, the number of its 435 multi-family buildings that the customer has outfitted with Legend’s energy-saving solution.

The customer is an investor in, and active manager of, properties in the U.S. and Canada. Its $7 billion portfolio of multi-family properties, includes over 435 buildings totaling approximately 36,000 units. The customer also has a commercial property portfolio of over 50 buildings containing approximately 5.9 million square feet of floor space. Legend estimates the total potential market for its products in the North American multi-family rental buildings vertical at US$750 million¹.

”Our technology is a great fit for landlords looking to improve net operating income and drive increased property value across their holdings,” said Legend’s CEO Randy Buchamer. “We expect multi-family to become one of our more productive verticals as we continue to demonstrate a strong value proposition and a way for our customers to achieve high sustainability standards. We’d like to thank our customer for their repeat business.”

About the Three System Deployment
The three systems purchased by the customer were chosen for apartment buildings located in Ontario; two in Mississauga (229 units consuming 900,000 kWh/year and 337 units consuming 1.2 million kWh/year) and one in Toronto (331 units consuming 1.6 million kwh/year). All three buildings are at various levels of sub-metering installation.

Ontario Offers Harmonizer Landlords Incentives
Ontario multi-family building owners that invest in Harmonizers may apply to increase rents under the Province of Ontario Landlord and Tenant Board’s, Rent Increase Guideline Program. The program encourages Landlord’s investment in capital projects, including those considered as promoting energy conservation such as Legend’s energy efficiency technology.

For more information about our technology or to request an assessment of how much energy Legend Power can save in your building, please visit us on the web at:
http://legendpower.com/products/#Harmonizer.

¹ Source: U.S. Department of Housing and Urban Development and U.S. Census Bureau, Rental Housing Finance Survey; Rental apartment properties containing over 50 units at average revenue of C$60k per apartment

About Legend Power® Systems Inc.

Legend Power® Systems Inc. (www.legendpower.com) is a global leader in voltage management technology. We help buildings use less energy by eliminating ‘overvoltage’; an inherent challenge associated with power grids around the world. Legend’s industry-proven HarmonizerTM enables dynamic power-management of an entire building. The proprietary and patented system reduces total energy consumption and power costs, while also maximizing the life of electrical equipment. Legend’s unique solution is also a key contributor to both corporate sustainability efforts, and the meeting of utility energy efficiency targets.

For further information, please contact:

Steve Vanry, CFO
+ 1 604 671 9522
svanry@legendpower.com

Sean Peasgood, Investor Relations
+ 1 647 503 1054
sean@sophiccapital.com

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This Press Release may contain statements which constitute “forward-looking information”, including statements regarding the plans, intentions, beliefs and current expectations of the Company, its directors, or its officers with respect to the future business activities and operating performance of the Company. The words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions, as they relate to the Company, or its management, are intended to identify such forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future business activities or performance and involve risks and uncertainties, and that the Company’s future business activities may differ materially from those in the forward-looking statements as a result of various factors. Such risks, uncertainties and factors are described in the periodic filings with the Canadian securities regulatory authorities, including the Company’s quarterly and annual Management’s Discussion & Analysis, which may be viewed on SEDAR at www.sedar.com. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update these forward-looking statements other than as may be required by applicable law.

The post Legend Power® Closes $237,000 Order to North American Multi-Family and Commercial Real Estate Leader; Customer’s Second Multi-Unit Order appeared first on Legend Power Systems Inc..

The post PyroGenesis Announces Intention to Purchase Up to 4.1% of its Common Shares in Open Market appeared first on PyroGenesis Canada Inc..