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IdaTech and Element One Reach Confidential Settlement

IdaTech, LLC ("IdaTech") and Element One LLC ("Element One") jointly announce that they have reached a confidential settlement of a patent infringement lawsuit filed by IdaTech concerning Element One's "Pegasus" hydrogen generators and "Andromeda" hydrogen purifiers. Element One and its co-founder David Edlund agree to not make, sell or import in the United States hydrogen generator and hydrogen purifier products using hydrogen-selective planar membrane envelopes, which included the Pegasus and Andromeda products and were the subject of the lawsuit. Element One has made no sales anywhere in the world of any Pegasus hydrogen generator systems or Andromeda hydrogen purifiers. Element One and Edlund deny an infringement of IdaTech's patents.

About IdaTech

IdaTech plc is an advanced fuel cell products company which is operationally headquartered in Bend, Oregon, USA.

IdaTech designs, develops, and manufactures extended run fuel cell products for Telecom applications requiring up to 15 kW of power. IdaTech's unique PEM fuel cell technology provides solutions for a wide range of applications to directly support efforts towards sustainable energy.

IdaTech's portfolio of industry-certified fuel cell products are based on the company's fuel processing, purification and fuel cell system integration capabilities. With the support of strategic partners and customers, the company's extended run backup power products are being deployed worldwide for stationary applications.

Additional information may be obtained by contacting the company direct or by visiting its website at http://www.idatech.com.