H/Cell Energy Awarded Contracts and Panel Selection


FLEMINGTON, N.J., Dec. 03, 2018 (GLOBE NEWSWIRE) -- H/Cell Energy Corporation (OTCQB-HCCC) (“HCCC”), a company that designs and implements clean energy solutions featuring hydrogen and fuel cell technology, announced that through its Australian subsidiary, The Pride Group www.thepridegroup.com.au it has been awarded several government contracts and has been selected to prestigious government supplier panels.

The Queensland Department of Natural Resources, Mines and Energy https://www.dnrme.qld.gov.au/ has established a clean energy council and recently made final selections of approved and certified suppliers to provide solar and renewable energy storage solutions going forward. The Pride Group is pleased to be one of the selected suppliers for this prestigious panel.

In addition, The Pride Group has been recently awarded a one year contract extension from Queensland Rail https://www.queenslandrail.com.au/ for associated projects. Over the past two years, The Pride Group has generated over USD $4 million in revenue from Queensland Rail and has been a certified supplier since 2007. Lastly, Energy Queensland https://www.energyq.com.au/ has recently awarded The Pride Group a five year contract for maintenance and service. The Pride Group is a certified maintenance and service panel member for Energy Queensland.

Steve Mullane, Managing Director of The Pride Group, commented, "We are very pleased to be an approved and certified supplier for these very important government entities. The Queensland Government requires solid experience and high quality workmanship from its selected suppliers and it is a validation for The Pride Group that we are viewed in this manner. We believe our participation as a member of these panels will not only generate revenue but also establish The Pride Group as a premier clean energy solutions provider.” 

About H/Cell Energy Corporation:

H/Cell Energy Corporation is an integrator that focuses on the design and implementation of clean energy solutions including solar, battery, fuel cell and hydrogen generation systems. In addition, through its subsidiaries, HCCC also provides environmental systems and security systems integration. HCCC serves the residential, commercial and government sectors. Please visit our website at www.hcellenergy.com for more information.

Forward Looking Statements:

Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as “anticipate,” “believe,” “forecast,” “estimate,” “expect,” and “intend,” among others. These forward-looking statements are based on current expectations and actual results could differ materially. H/Cell Energy Corporation does not undertake an obligation to update or revise any forward-looking statement. The information set forth herein speaks only as of the date hereof.

H/Cell Energy Corporation
Investor Relations
908-837-9097 x-2