myFC gets repeat order from Japan

Lightec Japan has placed its second order of JAQ Hybrid and the associated fuel cards from myFC. This time the order is for 2,000 units of JAQ Hybrid. The value of the order does not exceed one million SEK.

Lightec and myFC signed a non-exclusive distribution agreement for the company's fuel cell-based power bank JAQ Hybrid in June 2018. The first order was delivered in October. Today’s repeat order is for 2,000 powerbanks. The order also includes a number of fuel cards that are planned to be of the latest generation, that is, with an almost doubled energy content compared to previous versions.

“JAQ Hybrid has been well received in Japan, with excellent user reviews among other things. I am very pleased that Lightec has now placed its second order and I look forward to a continued good cooperation,” says Björn Westerholm, CEO of myFC.

JAQ Hybrid is a smartphone power bank with an integrated fuel cell. It can therefore be charged either by using myFC's fuel card or through the wall outlet.

Lightec has a nationwide distribution network in Japan, delivering smartphone accessories to retail chains such as 7-Eleven and Lawson, as well as to mobile operators' stores, including KDDI and Softbank. They are also active in e-commerce.

Deliveries of 2000 JAQ Hybrid chargers are planned to take place during the second quarter of the year.

This information is information that myFC is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, at 07:50 CET on 11 April 2019.

For further information, please contact: 
myFC Press Office 
Email:  press@myfc.se 
Phone: +46 (0) 738 09 33 83

Certified Advisor
Avanza Bank
Mail: corp@avanza.se
Phone: +46 (8) 409 421 20

About myFC
MyFC is a Swedish innovation company, world leader in micro-fuel cells. myFC develops technology which co-locates batteries and fuel cells and which is charged with a green, hydrogen-generating fuel consisting of water, salt and reactants. The company's offerings LAMINA MAX, LAMINA INcase and JAQ Hybrid are aimed at the smartphone industry while LAMINA REX targets the automotive industry. MyFC was founded in 2005 and was listed on NASDAQ | First North in 2014. Its headquarters are in Stockholm. For more information, visit www.myfcpower.com


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About Us

Swedish innovation company myFC offers thin, scalable fuel cells that are easy to dimension and adapt to any electric application. myFC develops hybrid technology solutions combining batteries and hydrogen-based micro fuel cells for extended usage and reduced carbon footprint. The company was founded in 2005 and was listed on NASDAQ | First North Growth Market in 2014. Its headquarters are in Stockholm. For more information, visit myfc.se

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JAQ Hybrid has been well received in Japan, with excellent user reviews among other things. I am very pleased that Lightec has now placed its second order and I look forward to a continued good cooperation.
Björn Westerholm, CEO of myFC.