ITM Power Completes Roll Out Of Manufacturing System For Products

15th Jun 2010 08:20

LONDON (Dow Jones)--ITM Power PLC (ITM.LN), an energy storage and clean fuel company, said Tuesday it has completed the roll out of its manufacturing system for the Company's products, initially those unveiled at two recent trade fairs in Germany and California. MAIN FACTS: -The manufacturing system enables the seamless design and manufacture of components and products and represents the last major milestone in the commercial launch of ITM Power's product range ahead of completion of CE accreditation. -The Company now has an ISO accredited system seamlessly linking business development with manufacturing, representing manufacturing industry best practice. -With the integration of CAD, CAM, Procurement and Manufacturing, ITM Power now has the systems necessary for the manufacture and delivery of its new electrolyser products. -At 0717 GMT shares up 1.25 pence, or 4.1%, at 32 pence. -By Elliott Ball, Dow Jones Newswires; 44-20-7842-9314; [email protected] (END) Dow Jones Newswires June 15, 2010 03:20 ET (07:20 GMT)