Frost & Sullivan recognizes Altergy with the 2018 North American New Product Innovation Award for its Freedom Power fuel cell technology
FOLSOM, Calif., Nov. 14, 2018 /PRNewswire/ -- Altergy has been recognized by Frost & Sullivan with the 2018 North American New Product Innovation Award for its Freedom Power fuel cell technology. Each year, Frost & Sullivan presents this award to the company that has developed an innovative element in a product by leveraging leading-edge technologies. The award recognizes the value-added features/benefits of the product and the increased return on investment (ROI) it gives customers.
"Finally, alternative clean energy fuel cell technology is getting the recognition it deserves," said Eric Mettler, CEO of Altergy. "Our clean, reliable fuel cell power systems directly replace unreliable batteries and dirty diesel generators in many critical backup power applications. More and more customers are realizing the benefits and switching to hydrogen fuel cells."
Truly transformative, Altergy's Freedom Power technology combined with the benefits of its allied fuel cell products enable reduced capital requirements, the lowest total cost of ownership, greater durability, lightweight construction, fast start-up, and high modularity. These aspects have endowed the solution with a clear competitive advantage over traditional backup power technologies such as batteries and diesel generators.
"Altergy serves customers across verticals such as telecommunications, public safety, military, traffic signaling, and other mission-critical networks. Its fuel cells can also be used for energy demand management in diverse industries by providing power during peak periods," noted Vijay Wilfred, Industry Analyst with Frost & Sullivan. "Overall, Altergy's Freedom Power technology's ability to provide an uninterrupted and clean source of emergency backup power through fuel cells at a low total cost of ownership makes it a truly visionary product and positions it for high growth in the future."
The Frost & Sullivan report is available here: http://www.altergy.com/wp-content/uploads/2018/11/Altergy-Systems-Award-Write-Up.FINAL_.november2018.pdf
Altergy has revolutionized fuel cell design, and is the first and only company of its kind to cost-effectively mass produce industrial-strength fuel cells. As the leader in telecommunication backup power, Altergy is now addressing critical power needs in additional industries to include: Cable, Public Safety and Military and Homeland Security. As the modern, clean energy source for now and the future, Altergy's unique Freedom Power™ products provide freedom from batteries, generators, pollution, noise and the grid. Please visit altergy.com for more information.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector, and the investment community.
Web Site: http://www.altergy.com