CARLSBAD, Calif., July 18, 2012 /PRNewswire/ -- Life Technologies Corporation (NASDAQ: LIFE) today announced it will use a fuel cell system to self-generate electricity for its company headquarters, along with its manufacturing and distribution center in Carlsbad, California. The Bloom Energy fuel cell system will begin operating in August and will reduce carbon emissions by 30 percent, increase energy reliability while also delivering cost savings.
The new fuel cell system will fit within 1500 square feet and generate one megawatt of electricity — among the highest output in San Diego County and equivalent to powering more than 1000 homes. Life Technologies is the first company in the life sciences industry to adopt the Bloom Energy technology and joins other leading companies including The Coca-Cola Company, eBay, FedEx, Google, Apple and Walmart.
"Moving 'off the grid' using innovative sources of alternative energy helps reduce our carbon footprint and continues to demonstrate our commitment to ongoing sustainability initiatives," said Cristina Amorim, Chief Sustainability Officer for Life Technologies. "We will continue to lead our industry by indentifying green initiatives that are advantageous for both the environment and our business."
Life Technologies is continually exploring new ways to conserve energy and natural resources. Since 2008, the company has reduced carbon dioxide emissions by 16 percent; energy consumption by 20 percent; water usage by 43 percent; and hazardous waste by 41 percent. Life Technologies' sustainability efforts have also been recognized by leading organizations, including:
- Listed on Corporate Knights' Global 100 Most Sustainable Corporations, the annual clean capitalism ranking announced each year during the World Economic Forum in Davos.
- Selected as a member of the Dow Jones Sustainability World Index — reserved for the top 10 percent of the 2,500 largest companies in terms of sustainability.
- Named to the Bloomberg-Maplecroft Climate Innovation Index (CII) Leaders. Members are ranked among the top 100 of the 819 largest US-based companies in terms of climate-related innovation and carbon management programs.
About Bloom Energy
Bloom Energy is a provider of breakthrough solid oxide fuel cell technology that generates clean, highly-efficient power onsite from virtually any fuel source. Bloom Energy's mission is to make clean, reliable energy affordable for everyone in the world. The Bloom Energy Server is currently producing power for several Fortune 500 companies such as Adobe, Caltech, eBay, FedEx, Google, Staples, and Walmart. The company is headquartered in Sunnyvale, CA. For more information, visit www.bloomenergy.com.
About Life Technologies
Life Technologies Corporation (NASDAQ: LIFE) is a global biotechnology company with customers in more than 160 countries using its innovative solutions to solve some of today's most difficult scientific challenges. Quality and innovation are accessible to every lab with its reliable and easy-to-use solutions spanning the biological spectrum with more than 50,000 products for agricultural biotechnology, translational research, molecular medicine and diagnostics, stem cell-based therapies, forensics, food safety and animal health. Its systems, reagents and consumables represent some of the most cited brands in scientific research including: Ion Torrent™, Applied Biosystems®, Invitrogen™, GIBCO®, Ambion®, Molecular Probes®, Novex®, and TaqMan®. Life Technologies employs approximately 10,400
people and upholds its ongoing commitment to innovation with more than 4,000 patents and exclusive licenses. LIFE had sales of $3.7 billion in 2011. Visit us at our website: www.lifetechnologies.com.
Life Technologies' Safe Harbor Statement
This press release includes forward-looking statements about our anticipated results that involve risks and uncertainties. Some of the information contained in this press release, including, but not limited to, statements as to industry trends and Life Technologies' plans, objectives, expectations and strategy for its business, contains forward-looking statements that are subject to risks and uncertainties that could cause actual results or events to differ materially from those expressed or implied by such forward-looking statements. Any statements that are not statements of historical fact are forward-looking statements. When used, the words "believe," "plan," "intend," "anticipate," "target," "estimate," "expect" and the like, and/or future tense or conditional constructions ("will," "may," "could," "should," etc.), or
similar expressions, identify certain of these forward-looking statements. Important factors which could cause actual results to differ materially from those in the forward-looking statements are detailed in filings made by Life Technologies with the Securities and Exchange Commission. Life Technologies undertakes no obligation to update or revise any such forward-looking statements to reflect subsequent events or circumstances.
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