Exergy Fuel Cells signs Letter 0f Intent for Supply of Fuel Cells for Recreation Vehicles

Exergy Fuel Cells signs Letter 0f Intent for Supply of Fuel Cells for Recreation
Vehicles 

Exergy Fuel Cells, a subsidiary of Morphic Technologies AB, has entered into a
cooperation with Narbonne Accessoires in Narbonne, France, and signed a Letter
Of Intent regarding the exclusive distribution of the Exergy Fuel Cell power
systems in the distribution network of Narbonne Accessoires in France and Spain.


Narbonne Accessoires is the leading distributor of accessories for Recreation
Vehicles  in France and Spain. Following the verification and approval of the
products, Narbonne Accessoires will collaborate on the introduction of  Exergy's
Fuel Cell systems with the following marketing activities:

-  Install a display in each store to demonstrate the product and its technology
-  Train its salesmen on fuel cell power advantages compared to traditional
systems
-  Deliver fuel cartridges in all  stores, as available stock
-  Communicate the Exergy brand in the Narbonne catalogue (400,000 copies) and
inside French and Spanish press
-  Introduce the power system on Recreation Vehicles  fairs in Paris (Le Bourget
September 2009) and in Barcelona (October 2009)

“This agreement means a real break-through for fuel cell power systems for the
Recreation Vehicle market segment. For Exergy it is a major achievement to have
been selected by a leading supplier of Recreation Vehicles accessories like
Narbonne Accessoires,” says Angelo D'Anzi, Managing Director of Exergy Fuel
cells.

Morphic Technologies has developed   energy systems for different puposes based
on the fuel cell and energy conversion technologies within its subsidiaries
Exergy Fuel Cells, Helbio and Accagen since the acquisition of these companies
in 2007. Several of these products are now ready for commercialization and
volume production. 

“This co-operation agreement follows our strategy. The modular design of the
fuel cell system means that only very minor modifications are necessary to
transfer the generic fuel cell system into this customized Recreation Vehicles 
product. Furthermore,  for a consumer product such as this, Narbonne is ideal
since all the infrastructure is already present including the important after
sales activities.” says Martin Valfridsson, CEO of Morphic Technologies.

For more information, please contact:
Johannes Falk, Vice President, Corporate Strategy & Investor Relations
 Morphic Technologies AB (publ)
Tel: +46 (0)70-676 73 93
E-mail: johannes.falk@morphic.com