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Leclanché’s Swiss headquarters fully operational following fire on 22 May

Wed May 31

YVERDON LES BAINS, Switzerland, 30th May 2017: Leclanché SA (SIX: LECN), one of the world’s leading energy storage solution companies, is pleased to announce that its corporate headquarters at Yverdon-les-Bains, Switzerland, is fully operational following the fire that took place there on 22nd May.

Leclanché’s 60 employees at Yverdon-les-Bain are back to work on the site as normal and battery production has restarted.

Leclanché’s property has been fully decontaminated and cleaned by a specialist team. Some further refurbishment needs to be done in the company’s offices and this will be completed within the next two months. This work will not affect Leclanché’s day-to-day operations.

Anil Srivastava, CEO of Leclanché, said: “We are delighted to be back in our headquarters in Yverdon-les-Bains and fully operational. I would like to extend my heartfelt gratitude again for the specialist assistance we received to ensure the safety of our employees and the rapid decontamination of our property to make it safe for us to return to.

“I would also like to re-thank our customers, suppliers, investors and neighbour Boxer for their great support. Finally, I am very proud of all of our people for working so hard in the last week to make sure that we continued to supply our services to the very high standard that we are known for – thank you so much for your dedication.”

All Leclanché personnel were evacuated quickly and safely from the fire, which started in the lobby of Leclanché’s office building and was caused by a single third- party battery system using third-party battery cells, and their proprietary modules and battery management software.

The fire was largely contained within Leclanché’s lobby and it was brought under control within two hours of it starting at 1130am on 22nd May. The fire did not reach Leclanché’s adjoining production building.

About Leclanché

Headquartered in Switzerland, Leclanché SA is a leading provider of high-quality energy storage solutions designed to accelerate our progress towards a clean energy future. Leclanché’s history and heritage is rooted in over 100 years of battery and energy storage innovation and the Company is a trusted provider of energy storage solutions globally. This coupled with the Company’s culture of German engineering and Swiss precision and quality, continues to make Leclanché the partner of choice for both disruptors, established companies and governments who are pioneering positive changes in how energy is produced, distributed and consumed around the world. The energy transition is being driven primarily by changes in the management of our electricity networks and the electrification of transport, and these two end markets form the backbone of our strategy and business model. Leclanché is at the heart of the convergence of the electrification of transport and the changes in the distribution network. Leclanché is the only listed pure play energy storage company in the world, organised along three business units: stationary storage solutions, e-Transport solutions and specialty batteries systems. Leclanché is listed on the Swiss Stock Exchange (SIX: LECN).

SIX Swiss Exchange: ticker symbol LECN | ISIN CH 011 030 311 9

Disclaimer

This press release contains certain forward-looking statements relating to Leclanché’s business, which can be identified by terminology such as “strategic”, “proposes”, “to introduce”, “will”, “planned”, “expected”, “commitment”, “expects”, “set”, “preparing”, “plans”, “estimates”, “aims”, “would”, “potential”, “awaiting”, “estimated”, “proposal”, or similar expressions, or by expressed or implied discussions regarding the ramp up of Leclanché’s production capacity, potential applications for existing products, or regarding potential future revenues from any such products, or potential future sales or earnings of Leclanché or any of its business units. You should not place undue reliance on these statements. Such forward-looking statements reflect the current views of Leclanché regarding future events, and involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. There can be no guarantee that Leclanché’s products will achieve any particular revenue levels. Nor can there be any guarantee that Leclanché, or any of the business units, will achieve any particular financial results.

 

Contacts Leclanché

 

Media Switzerland /Europe:

Thierry Meyer

T: +41 (0) 79 785 35 81

E-mail: tme@dynamicsgroup.ch

 

Media North America:

Henry Feintuch / Ashley Blas

T: +1-914-548-6924 / +1-509-494-4053

E-mail: leclanche@feintuchpr.com  

 

Media Germany:

Christoph Miller

T: +49 (0) 711 947 670

E-mail: leclanche@sympra.de

 

Investor Contacts:

Anil Srivastava / Hubert Angleys

T: +41 (0) 24 424 65 00

E-mail: invest.leclanche@leclanche.com