FOR IMMEDIATE RELEASE

PAJARITO POWDER, LLC ANNOUNCES RELEASE OF IMPROVED NON-PGM PEM CATHODE CATALYST WITH DOUBLED DURABILITY
ALBUQUERQUE, NM, SEPTEMBER 25, 2014 – Pajarito Powder, LLC, (PPC) is announcing the release of an improved non-PGM PEM Cathode catalyst with doubled durability. The company will debut the improved catalyst at the upcoming World of Energy Solutions Conference, October 6–8, 2014, in Messe Stuttgart, ICS, Germany, and will be presenting a talk titled “Precious Metal Free Fuel Cell Catalysts, Concepts and Limits” at the Session J1, Fuel Cell: Research + Development. The presentation will include updates on the current status of non-PGM fuel cell catalysts and a discussion on the potential and challenges for deployment of precious metal-free fuel cell catalysts.

Dr. Barr Halevi, Pajarito Powder, LLC’s President and CTO, elaborates. “We are focused upon dramatically improving the delivery of non-platinum fuel cell technology, and have designed the next generation of non-PGM PEM Cathode catalyst that features doubled durability of our initial catalyst. With this new catalyst, customers finally have, today, an economic and viable alternative to platinum catalysts. We are pleased to share this breakthrough with the World of Energy Solutions audience.”

PPC offers three key catalyst options – all represent significant cost savings over traditional platinum catalyst options, and are designed to serve a range of applications. PPC also provides custom catalyst design and contract manufacturing.

Pajarito Powder’s patented technology is currently the only non-platinum, drop-in fuel cell catalyst being actively commercialized, and is poised to complement an industry that is still platinum-dependent. Pajarito Powder’s technology does not rely upon rare substances, in fact its composition represents a finely crafted blend of readily available substances – a huge benefit when it comes to both consistent delivery and scalability.

Halevi continues, “While a long-time solution, the platinum market now finds itself increasingly vulnerable to global geopolitical forces and ever-increasing local work force demands. Our alternative fuel cell catalysts are the next step in providing reliable, durable, non-PGM PEM Cathode catalysts to a world with exponentially increasing needs.”

About Pajarito Powder

Pajarito Powder (PPC) brings affordable, high-performance, non-platinum, “drop-in” fuel cell catalyst technology to the forefront. PPC’s products are a fraction of platinum cost, as dramatic savings are realized both at initial acquisition, and during ongoing production since little to no reengineering is required. PPC offers three key catalyst options – NPC-2000, NPC-1000, and soon-to-be-introduced PHC-3000. All represent significant cost savings over traditional platinum options, and serve a range of applications.

PPC’s patented technology is currently the only non-platinum, drop-in fuel cell catalyst being actively commercialized. Its technology is based on a finely crafted blend of readily available substances, ensuring both consistent delivery and scalability.

Press contacts: Barr Halevi, President and CTO, Pajarito Powder, LLC. (bhalevi@pajaritopowder.com);Tom Stephenson, Chair and CEO, Pajarito Powder, LLC, (tstephenson@pajaritopowder.com)

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