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Ballard and Anglo American Platinum Limited Partner On A Range of Clean Energy Fuel Cell Applications in South Africa

May 8, 2012

VANCOUVER, May 8, 2012 /PRNewswire/ – Ballard Power Systems (NASDAQ: BLDP)
(TSX: BLD) and Anglo American Platinum Limited (Anglo American
Platinum; www.angloamericanplatinum.com), the world’s leading primary producer of platinum group metals, are
working in partnership on a number of early-stage stationary and motive
power applications of clean, zero-emission fuel cells in the South
African market.

The companies deployed and demonstrated a 150 kilowatt fuel cell system
near the 17(th) Conference of the Parties (COP17) to the United Nations Framework
Convention on Climate Change held in Durban, South Africa in late-2011.
COP17 was a high-level summit on climate change.

At that time Neville Nicolau, CEO of Anglo American Platinum said, “This
demonstration highlights the importance of fuel cells to our business.
Fuel cell power systems in commercial production can increase the
energy efficiency of our mining operations, make efficient use of
by-product hydrogen in South Africa and provide growth in global
platinum demand. Fuel cells further highlight the green credentials of
platinum – in this case as an enabler of energy efficiency.”

Anglo American Platinum is also beginning above ground testing of five
fuel cell-powered locomotives at its Dishaba mine in Limpopo province,
South Africa. The locomotives use Ballard fuel cell stacks in a system
designed by Vehicle Projects Inc. of Golden, Colorado, USA and are
ultimately intended for use in transporting equipment underground at
mining sites. A public launch event to be hosted by Anglo American
Platinum is planned for May 9 in Rustenburg, South Africa, to be
followed by above ground testing over the next several months.

In addition, during 2012 Ballard and Anglo American Platinum are
undertaking a market feasibility study and test of a proof-of-concept
system for a small-scale electric generator that will utilize onsite
propane or natural gas. The system will utilize an integrated fuel
reformer to extract hydrogen from hydrocarbon fuel, which will then be
channeled to a fuel cell stack. Ballard has leading expertise in Proton
Exchange Membrane, or PEM, fuel cell stack technology – which utilizes
platinum as a catalyst material – as well as fuel reformer technology
and other components required to build a complete system. A finished
product, once designed and tested, could supplement the power grid for
homes and businesses in geographies where the grid is unreliable.

John Sheridan, President and CEO of Ballard Power Systems said, “We are
excited to broaden our relationship with Anglo American Platinum. Our
joint efforts could lead to cost-effective products for use in
stationary and motive power applications at mining sites and as well as
for use in broader market applications.”

About Ballard Power Systems
Ballard Power Systems (TSX: BLD) (NASDAQ: BLDP) provides clean energy
fuel cell products enabling optimized power systems for a range of
applications. Products are based on proprietary esencia(TM) technology, ensuring incomparable performance, durability and
versatility. To learn more about Ballard, please visit www.ballard.com.

This release contains forward-looking statements concerning product
development activities, market adoption for our products and business
development opportunities. These forward-looking statements reflect
Ballard’s current expectations as contemplated under section 27A of the
Securities Act of 1933, as amended, and Section 21E of the Securities
Exchange Act of 1934, as amended. Any such forward-looking statements
are based on Ballard’s assumptions relating to its financial forecasts
and expectations regarding its product development efforts,
manufacturing capacity, and market demand.

These statements involve risks and uncertainties that may cause
Ballard’s actual results to be materially different, including general
economic and regulatory changes, detrimental reliance on third parties,
successfully achieving our business plans and achieving and sustaining
profitability. For a detailed discussion of these and other risk
factors that could affect Ballard’s future performance, please refer to
Ballard’s most recent Annual Information Form. Readers should not place
undue reliance on Ballard’s forward-looking statements and Ballard
assumes no obligation to update or release any revisions to these
forward looking statements, other than as required under applicable
legislation.

Further Information
Public Relations: Guy McAree, +1.604.412.7919, media@ballard.com
Investor Relations: Lori Rozali, +1.604.412.3195, investors@ballard.com

SOURCE Ballard Power Systems Inc.


Source: PR Newswire