| Joint development of the zero-emission fuel cell truck market in UK and Ireland |

| Proton Motor's fuel cell systems to be integrated into Electra`s truck portfolio |

| Prototype for serial testing and initial order for five fuel cell systems agreed |

Europe's leading developer and producer of hydrogen fuel cells and electric hybrid systems with a zero-carbon footprint, Proton Motor Fuel Cell GmbH, announces that it has signed a "Memorandum of Understanding" (MoU) with UK company "Electra Commercial Vehicles Limited" (www.electracommercialvehicles.com) to develop the zero-emission fuel cell truck market in the UK and Ireland.

Under the MoU, Electra will act as system integrator to integrate Proton Motor’s fuel cell systems into their existing electric truck portfolio. Proton Motor will provide engineering support and training to Electra during the development and qualification of their fuel cell trucks. Both parties will jointly develop a prototype vehicle for serial testing. Additionally, Electra will place an initial order for five Proton Motor`s fuel cell systems. It is also agreed to joint sales and marketing activities in the UK.

: Dr. Faiz Nahab, CEO of Proton Motor (right), with the Chairman of Electra, Sid Sadique, after the MoU signing.