FuelCell Power Seeks to Have Project Awards Restored | Funds

Catrina P. Smith

SureSource, SureSource 1500, SureSource 3000, SureSource 4000, SureSource Restoration, SureSource Capture, SureSource Hydrogen, SureSource Storage, SureSource Support, SureSource Money, FuelCell Electrical power, and FuelCell Vitality logo are all emblems of FuelCell Electricity, Inc.

Forward-Wanting Statements

This news launch includes ahead-searching statements within just the this means of the harmless harbor provisions of the Personal Securities Litigation Reform Act of 1995. Ahead-searching statements consist of, devoid of limitation, statements with regard to the Company’s predicted money benefits and statements about the Company’s ideas and expectations pertaining to the continuing improvement, commercialization and funding of its fuel cell engineering and its company programs and techniques. Forward-wanting statements in this launch also involve, but are not minimal to, statements regarding the consummation of the Presenting. All ahead-wanting statements are subject matter to challenges and uncertainties that could trigger actual effects to vary materially from these projected. Variables that could trigger these types of a variation incorporate, without the need of limitation, modifications to projected deliveries and get circulation, variations to output rate and solution charges, general hazards affiliated with solution advancement, producing, improvements in the regulatory atmosphere, buyer strategies, capability to entry certain marketplaces, unanticipated production challenges that affect electrical power plant functionality, changes in significant accounting policies, obtain to and skill to increase cash and catch the attention of financing, likely volatility of electricity selling prices, fast technological transform, levels of competition, the Company’s skill to efficiently put into practice its new small business procedures and obtain its goals, the Company’s potential to realize its product sales programs and cost reduction targets, alterations by the U.S. Small Company Administration or other governmental authorities to, or with respect to the implementation or interpretation of, the Coronavirus Support, Reduction, and Financial Security Act, the Paycheck Protection Plan or relevant administrative matters, and worries with, threats of, or the repercussions of, pandemics, contagious ailments or wellness epidemics, including the novel coronavirus, and resulting offer chain disruptions, shifts in clean energy demand, impacts to customers’ cash budgets and financial commitment designs, impacts to the Company’s challenge schedules, impacts to the Company’s means to provider current initiatives, and impacts on the desire for the Company’s products, as properly as other risks established forth in the Company’s filings with the Securities and Trade Fee. The ahead-wanting statements contained herein communicate only as of the day of this push release. The Company expressly disclaims any obligation or enterprise to release publicly any updates or revisions to any these kinds of statement to replicate any alter in the Company’s anticipations or any improve in occasions, circumstances or situation on which any these statement is primarily based.

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