Fuel Cell-Powered Crown Forklift Showcased at Annual Symposium

NEW BREMEN, Ohio (June 16, 2009) - At the recent Ohio Fuel Cell Symposium, leading forklift manufacturer Crown Equipment Corporation demonstrated how emerging fuel cell technology can be used to power industrial vehicles, including Crown lift trucks. On display at the symposium was a fuel cell-powered Crown FC 4500 Series counterbalanced forklift used by a Parma, Ohio-based manufacturer.

"Fuel cell technology has the potential to reduce costs and increase productivity for our customers," said Eric Jensen, Crown's manager of new technology research and development. "One of the biggest advantages is in the area of refueling. It typically takes two to three minutes to refill a fuel cell, compared to at least 30 minutes to change out a lead-acid battery."

Crown's attendance at the symposium reflects its broader commitment to exploring and implementing alternative fuel sources for its forklifts. In April the company received its second grant from the State of Ohio's Third Frontier Fuel Cell Program. Crown is using the $1 million grant to fund further testing of fuel cell-powered forklifts at its research center in Huber Heights, Ohio.

The 2009 Ohio Fuel Cell Symposium was held at the University Center at Kent State Park on May 27 and 28. The event, sponsored by the Ohio Fuel Cell Coalition, featured discussion panels on topics such as fuel cell commercialization, state and federal grant availability and the integration of fuel cells into the nation's energy grid. Ohio Lieutenant Governor Lee Fisher and representatives from the Ohio Department of Development and the U.S. Department of Energy were among the symposium's speakers.

"It was amazing to see how far the coalition and the symposium have come in the past few years," said Jensen. "The efforts of coalition members such as Crown have taken this technology from theoretical scientific research to successful industrial application, and have made Ohio a real leader in fuel cell development."

About the Ohio Fuel Cell Coalition

The Ohio Fuel Cell Coalition is a united group of industry, academic and government leaders working collectively to strengthen Ohio's fuel cell industry and to accelerate the transformation of the region to global leadership in fuel cell technology. The Coalition was established to ensure Ohio's presence both regionally and nationally in current fuel cell discussions.

About Crown Equipment Corporation

Crown is the number one brand of electric lift trucks in the United States and the seventh largest lift truck manufacturer in the world. Crown's award-winning line of lift trucks has earned a reputation for exceptional product design, engineering and manufacturing. From the smallest hand pallet truck to the highest lifting turret truck, Crown seeks to provide users with safe, efficient and ergonomic lift trucks that lower total cost of ownership and maximize uptime. Headquartered in New Bremen, Ohio, Crown manufactures lift trucks that are sold throughout the world. For more information, visit www.crown.com.

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