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March 4, 2013

Intelligent Energy Announces Energy Device Collaboration with Cable & Wireless

Intelligent Energy Ltd. announced a collaboration with Cable & Wireless Communications, and in particular its Sure brand. The companies will work together to test personal energy devices powered by Intelligent Energy’s fuel cell technology to power various mobile devices across their market sectors. The companies will commence a user trial of an Intelligent Energy portable power device during the summer of 2013.

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The requirement for portable power has grown at an exponential rate, driven by an ever-increasing need for greater amounts of power for our “on-the-go” electronic devices, such as smartphones. Unfortunately, battery power has not kept pace and the constant need to maintain battery life has become an area of consumer disappointment.

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A study of mobile users in the UK conducted by Intelligent Energy, shows that more than 70 per cent of users find themselves with a dead or nearly-dead battery on their mobile device at least once per week. In response, global mobile operators are keen to find a solution to the battery conundrum, so that they can deliver the best user experience, earn the loyalty of their customers and increase average revenue per user (ARPU).

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“Intelligent Energy’s cutting-edge technology offers a solution to power our device off-grid and provides a much longer operating life than a conventional battery. It’s attractive as it would unlock real additional revenue opportunities for telecom operators, enabling consumers to stay connected for longer and unshackled by the constraints of battery life”, said Mike Fawkner Corbett, Sure’s Head of Mobile.

“For a lot of people, the constant need to monitor battery life as the day goes by is much more than an inconvenience, it often means loss of productivity, decreased sense of security and an inability to stay connected when it’s most needed”, said John Maguire, CFO at Intelligent Energy.

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“The consumer electronics industry tells us that neither future battery improvements nor power reduction strategies will develop as quickly as needed. Intelligent Energy's portable fuel cell systems offer a durable and cost-effective solution that can be integrated into a wide range of consumer applications”, said Phil Caldwell, Director of Corporate Development at Intelligent Energy.

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