DGAP-News: SFC Energy AG / Key word(s): Miscellaneous SFC Energy expands sales territory and partnership with Schneider Electric in Canada - Toronto sales office and warehouse to serve as hub for Ontario region 2021-11-09 / 07:30 The issuer is solely responsible for the content of this announcement.

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SFC Energy AG - Press release

SFC Energy expands sales territory and partnership with Schneider Electric in Canada - Toronto sales office and warehouse to serve as hub for Ontario region

Brunnthal/Munich, Germany, November 09, 2021 - SFC Energy AG (F3C:DE, ISIN: DE0007568578), a leading supplier of hydrogen and methanol fuel cells for stationary and mobile hybrid power solutions, continues to expand in the Canadian market for green tech applications. Together with its long-standing partner Schneider Electric, SFC Energy will now offer its customers the complete Schneider Electric Process Automation product range in Ontario.

Schneider Electric has been part of the SFC Energy partner network for more than 20 years with its field instrumentation and industrial automation products. Its SCADA & Process Instrument offerings are optimized by SFC Energy Canada to meet the highest requirements of its customers and are then integrated into specific applications with a sustainable EFOY energy solution to a dynamically growing percentage.

"Expanding our relationship with SFC Energy allows us to reach our customers in the Ontario area and better meet their needs," said John Meerdo, Regional Sales Director, North America Channel Sales, Schneider Electric. "We are happy to strengthen our relationship with a partner who shares our vision to make the most of our energy and resources, bridging progress and sustainability for all."

For further expansion, SFC Energy is opening a sales office and warehouse in Toronto. From now on, the fuel cell pioneer is represented from coast to coast, expanding its positioning in the Canadian market and establishing an important bridgehead for the US market. This position enables SFC Energy to meet a continuously increasing demand for EFOY energy solutions.

"We have been working with Schneider Electric for more than 20 years and are excited to now expand our sales and distribution efforts deeper into Ontario. Our partner's first-class SCADA and telemetry solutions, combined with our many years of green tech experience, create measurable added value for numerous user industries. We are pleased that we can now serve our customers even closer and more efficiently," says Martin Curtis President and General Manager of SFC Energy Canada.

"According to our claim 'Clean energy everywhere', we want to be close to our customers, provide them with the best possible support, and attract additional users. Canada and the USA offer enormous growth potential for our market-proven EFOY energy solutions. With our new location, we are consolidating our distribution network and tapping into further value-added growth," says Dr Peter Podesser, CEO of SFC Energy AG.

For more information on SFC Energy's Clean Energy and Clean Power Management solutions, visit sfc.com. About SFC Energy AG SFC Energy AG is a leading provider of hydrogen and methanol fuel cells for stationary and mobile hybrid power solutions. With the Clean Energy and Clean Power Management business segments, SFC Energy is a sustainably profitable fuel cell producer. The Company distributes its award-winning products worldwide and has sold more than 50,000 fuel cells to date. The Company is headquartered in Brunnthal/Munich and operates production facilities in Germany, the Netherlands, Romania, and Canada. SFC Energy AG is listed on the Deutsche Boerse Prime Standard (GSIN: 756857, ISIN: DE0007568578). About Schneider Electric Schneider's purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.

Our mission is to be your digital partner for Sustainability and Efficiency.

We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.

We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.

http://www.se.com/ca/en SFC Press Contact: Jens Jüttner Tel. +49 89 125 09 03-32 Email: jens.juettner@sfc.com Web: sfc.com

SFC IR Contact: Susan Hoffmeister Tel. +49 89 125 09 03-33 Email: susan.hoffmeister@sfc.com Web: sfc.com

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2021-11-09 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

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Language:     English 
Company:      SFC Energy AG 
              Eugen-Sänger-Ring 7 
              85649 Brunnthal-Nord 
              Germany 
Phone:        +49 (89) 673 592 - 100 
Fax:          +49 (89) 673 592 - 169 
E-mail:       ir@sfc.com 
Internet:     www.sfc.com 
ISIN:         DE0007568578 
WKN:          756857 
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, 
              Hamburg, Munich, Stuttgart, Tradegate Exchange 
EQS News ID:  1247039 
 
End of News   DGAP News Service 
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1247039 2021-11-09

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November 09, 2021 01:30 ET (06:30 GMT)