myFC and du sign an exclusive agreement for the UAE launch of fuel cell charger - JAQ

Press release
Published January 5th, 2016 - 09:34 GMT
 fuel cell charger
fuel cell charger

Swedish myFC and telecommunications service provider du of the United Arab Emirates have signed an initial agreement, allowing du exclusive rights to sell, distribute and market myFC’s new fuel cell charger JAQ in the UAE starting in Q2 2016.

The agreement between the companies regulates an exclusive right for du, to sell, distribute and market myFC’s new fuel cell charger JAQ and the associated PowerCards to du customers throughout the UAE including distribution of JAQ in the company’s Shops in and around Dubai, Abu Dhabi, Ajman, Fujairah, Ras al-Khaimah, Sharjah, and Umm al-Qwain, among other places.

MyFC JAQ is a revolutionary fuel cell device that creates its own electricity with a slim, recyclable single-use PowerCard, based on water and salt. The PowerCard delivers about one full smartphone charge. The PowerCards are disposable, and the only emission they give off in the creation of electricity is water vapour and heat.

In the agreement, both partners agreed on pricing for the product and target volumes. The agreed time frame is set to start selling JAQ in the UAE domain beginning Q2 in 2016.

“We are very happy to work together with this region’s most forward thinking operator. We work towards and care about end-users ability to continue to stay online – and when necessary charge their smartphone completely free from the electricity grid and wall. More importantly, it is a win-win situation. The operator has access to a great deal of data created by web-hungry consumers online building top line revenue, and consumers are receiving bandwidth, whilst power is going green with environmentally friendly, future-proof instant power on the go”, says Björn Westerholm, CEO of myFC.

“We are thrilled to have joined hands with myFC to bring JAQ exclusively to our customers in the UAE. This environmentally friendly and colourful charging device will add value to our customers lives as it can provide instant charging power to them regardless of where they are,” said Fahad Al Hassawi, Chief Commercial Officer, du. “Providing our customers with exclusive products and services lets them know that they are at the forefront of all our business decisions and we look forward to offering them this new product in 2016.”

Background Information

Emirates Integrated Telecommunications Company (du)

Ever since we opened for business in 2006, we have worked hard to enhance and expand our bouquet of services in an industry that is at the heart of economic and social transformation. Bringing people and businesses together is what we do best, offering mobile and fixed telephony, broadband connectivity and IPTV services to people, homes and businesses all over the UAE. We also provide carrier services, a data hub, internet exchange facilities and satellite services for broadcasters.

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