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Leclanché's new marine battery system is the world's first approved under revised DNV-GL requirements Montag, 15. Mai 2017 - 07:41

Leclanché SA / Key word(s): Miscellaneous
Leclanché's new marine battery system is the world's first approved under
revised DNV-GL requirements

15-May-2017 / 06:40 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR

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Leclanché's new marine battery system is the world's first approved under
revised DNV-GL requirements

Leclanché Marine Rack System (MRS) reduces marine vessels' harmful emissions
and operating costs

To be used in Denmark's E-ferry, the world's largest, 100 per cent electric
ferry

YVERDON LES BAINS, Switzerland, 15 May 2017: Leclanché SA (SIX: LECN), one
of the world's leading energy storage solution companies, announced today
the market launch of Leclanché Marine Rack System (MRS), a modular,
Lithium-ion battery system to reduce marine vessels' harmful emissions and
their operating costs. Leclanché MRS is the first marine battery system of
its type approved by international certification body DNV-GL under revised
rules issued in October 2015.

Leclanché will use the MRS on the E-ferry in Denmark, the world's largest,
100 per cent electric ferry by battery capacity, equipped with a 4,3 MWh
Leclanché Lithium-ion battery and scheduled for launch later this year.

Anil Srivastava, CEO of Leclanché, said: "There is a huge opportunity for
marine vessels across the world to reduce their harmful emissions and cut
their operating costs by leveraging battery storage technology. This is why
we developed the MRS and we are delighted that it is the world's first such
solution to receive type approval from DNV-GL. This certification opens up a
very exciting and substantial global market for Leclanché."

Antti Väyrynen, Vice President E-Transportation, Leclanché, added: "Type
approval is an important catalyst to our market growth as it significantly
simplifies the certification process of each vessel that uses the Leclanché
MRS."

Safety was one of Leclanché's key focus areas when developing the MRS. The
company performed multiple fire propagation tests to ensure that the battery
system performed safely, in even the most extreme situations. With the
requirement to pass close to 20 separate tests, the DNV-GL certification
process sets the benchmark for battery system safety in marine applications.

The E-ferry will be launched in late 2017 sailing between the island Aeroe
(Ærø) and the mainland. The emission-free, passenger and car ferry will be
able to sail a record 60 nautical miles (110 km) on a single charge. The
E-ferry is an EU Horizon 2020 project, the EU's EUR77 billion transport and
energy research and innovation programme from 2014 to 2020.

In Scandinavia, there is the potential to convert nearly 200 ferry routes to
electric within the next decade; Europe-wide over 1,000 ferries could be
converted. The Leclanché MRS could also be used in other marine applications
including hybridization and peak shaving of auxiliary loads of cargo vessels
and cruise ships. In 2015 the global marine hybrid propulsion market was
valued at US$2,6bn. It is expected to reach US$5,2bn by 2024, representing a
CAGR of 8.2 per cent from 2016 to 2024.

* * * * *

About Leclanché

Leclanché is one of the world's leading, vertically integrated, energy
storage solution providers. It delivers a wide range of energy storage
solutions for homes, small offices, industry, electricity grids, as well as
solutions for transport such as electric buses and marine applications.
Established in 1909, Leclanché has been a trusted provider of battery energy
storage solutions for over 100 years.

Leclanché is listed on the Swiss stock exchange, and is the only listed,
pure-play, energy storage company in the world.

SIX Swiss Exchange: ticker symbol LECN | ISIN CH 011 030 311 9

Disclaimer
This press release contains certain forward-looking statements relating to
Leclanché's business, which can be identified by terminology such as
"strategic", "proposes", "to introduce", "will", "planned", "expected",
"commitment", "expects", "set", "preparing", "plans", "estimates", "aims",
"would", "potential", "awaiting", "estimated", "proposal", or similar
expressions, or by expressed or implied discussions regarding the ramp up of
Leclanché's production capacity, potential applications for existing
products, or regarding potential future revenues from any such products, or
potential future sales or earnings of Leclanché or any of its business
units.

You should not place undue reliance on these statements. Such
forward-looking statements reflect the current views of Leclanché regarding
future events, and involve known and unknown risks, uncertainties and other
factors that may cause actual results to be materially different from any
future results, performance or achievements expressed or implied by such
statements. There can be no guarantee that Leclanché's products will achieve
any particular revenue levels. Nor can there be any guarantee that
Leclanché, or any of the business units, will achieve any particular
financial results.

* * * * *

Contacts

Media contacts:

Europe/global:
Desirée Maghoo
T: +44 (0) 7775522740
E-mail:dmaghoo@questorconsulting.com

Simon Barker
T:+44 (0)7866 314331
E-mail: sbarker@questorconsulting.com

US and Canada:
Rick Anderson
T: +1 (212) 808-4901

Henry Feintuch
T: +1 (212) 808-4915
E-mail: leclanche@feintuchpr.com

Shareholder, Analyst and Investor contacts:
E-mail: investors@leclanche.com

Investor Contacts
Anil Srivastava / Hubert Angleys
Tel.: +41 (0) 24 424 65 00
E-Mail: invest.leclanche@leclanche.com


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