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Corporate Press Releases 2000   September and October
2001     Jan-Feb
2000 Jan-Feb Mar-Apr May-Jun Jul-Aug Sep-Oct Nov-Dec	1999	1998	1997	1996

10/31/2000  Fuel Cell Engine Maker XCELLSiS Joins California Fuel Cell Partnership - Excelsis/PRNewswire

Dr. Ferdinand Panik, XCELLSiS President and CEO, said the selection of XCELLSiS as a full partner in the CaFCP is significant in that it recognizes the company's ongoing success in designing fuel cell engines and demonstrating their effectiveness in automotive and transit bus applications. "The California Fuel Cell Partnership is leading the way in proving that fuel cell-powered cars and buses represent the future of zero-emission transportation, and we are honored to be joining them in this important initiative," said Dr. Panik. "XCELLSiS continues to make great progress in the development of fuel cell engines, and we believe that our experience and enthusiasm will benefit the Partnership and ultimately help shape the future of transportation." XCELLSiS fuel cell engines powered seven of the twelve vehicles featured at the recent CaFCP Grand Opening Ceremony, held on November 1 in Sacramento, California. The latest XCELLSiS passenger car engine, a 75-kW hydrogen-fueled engine, was demonstrated in the new DaimlerChrysler Necar and Ford Focus FCV. The engine incorporates Ballard Power Systems' Mark 9 fuel cell stack and represents a key milestone in XCELLSiS' advanced hydrogen engine development program. Limited production of XCELLSiS advanced hydrogen engines is slated to begin in late 2003/early 2004. XCELLSiS heavy-duty fuel cell engines were also featured in the transit buses present at the CaFCP ceremony. The hydrogen-fueled ZEbus (Zero Emission Bus) was the first demonstration vehicle delivered to the CaFCP. The vehicle is powered by a Phase 4 205-kW hydrogen-fueled engine and is currently participating in a one-year testing program at Sunline Transit Agency in Thousand Palms, California. XCELLSiS Phase 5 heavy-duty fuel cell engines will be in operation in 30 EvoBus Citaros starting in early 2003 in 10 cities in Western Europe. XCELLSiS is also looking to supply engines for the CaFCP's bus program, which will feature 20 North American fuel cell buses operating at Sunline Transit and AC Transit (Oakland, California) starting in 2003. John Wallace, Executive Director of the TH!NK Group, an enterprise of Ford Motor Company, and Chairman of the CaFCP Steering Team, welcomed XCELLSiS to the partnership as a logical choice. "We are very pleased to have XCELLSiS as a full member of the Fuel Cell Partnership," said Wallace. "XCELLSiS shares our commitment to advancing fuel cell technology and we expect that the Partnership will benefit greatly from their international experience."

10/31/2000  Texaco and Energy Conversion Devices, Inc. Form Hydrogen Storage Joint Venture - Texaco/ECD

Texaco Energy Systems Inc. (TESI) and Energy Conversion Devices, Inc. today announced the formation of Texaco Ovonic Hydrogen Systems L.L.C., a 50-50 joint venture to further develop and advance the commercialization of ECD's technology to store hydrogen in metal hydrides. This hydrogen storage system is unique when compared to other forms of hydrogen storage, which rely upon compression or liquid hydrogen technology. Under the terms of the joint venture agreement, ECD will provide proprietary technology, while TESI will provide additional technological support and funding during the product development and pre-production phase of the company's operations. Commenting on the announcement, William M. Wicker, Texaco Inc. Senior Vice President, said, "The formation of Texaco Ovonic Hydrogen Systems further extends the strategic relationship Texaco and ECD established earlier this year. ECD's proprietary metal hydride hydrogen storage technology has the potential to overcome one of the key challenges to making fuel cells and other hydrogen-dependent energy sources practical, efficient and safe. We are confident that the formation of this joint venture will move us forward to achieving this important goal."

10/30/2000  Ballard Power Systems and Millennium Cell Agree to Collaborate on Hydrogen Generators for Portable Power - Ballard/Business Wire

Upon successful completion of the joint development and product prototype agreement, Ballard will have the right to licence Millennium Cell's technology for use in its portable products on an exclusive basis for a defined period of time. Ballard paid US $2.4 million as an advance for prospective royalties payable under the licence.

10/30/2000  Ford Motor Company Debuts Fuel Cell Prototype at SEMA - Ford/PRNewswire

"Although we're working very hard to demonstrate the technical capability of fuel cells, we're still a long way from having fuel cells that will compete with internal combustions vehicles," said John Wallace, executive director of Ford's TH!NK Group. "Ford plans to lead in the development of fuel cells, but there are still enormous hurdles that must be overcome in reducing cost, improving reliability and fuel availability." ...TH!NK Technologies is the research and development arm of TH!NK Group, an enterprise of Ford Motor Company. TH!NK Technologies concentrates on fuel cell and other advanced electric power sources for all of the brands under the Ford Motor Company trustmark. Ford Motor Company will deliver the Focus FCV to the California Fuel Cell Partnership this week for use in demonstrating the capabilities of fuel cell vehicles. The vehicle will be based at the partnership's headquarters in Sacramento, California. Ford plans to deliver several additional fuel cell vehicles to the project over the next three years. The partnership, which started in April 1999, includes auto manufacturers, energy providers, fuel cell companies, and California state agencies. It plans to put up to 50 fuel cell vehicles on the road between 2000 and 2003. In addition to testing the fuel cell vehicles, the partnership will also identify fuel infrastructure issues and prepare the California market for this new technology. "Fuel cells are a high-risk and high reward technology," said Wallace. "We're developing this technology because it is the only one that has a chance of replacing the internal combustion engine."

10/30/2000  Manhattan Scientifics to Unveil Fuel Cell Power Charger Prototype; Always On(TM) Holster for Cellular Phones Eliminates Need for Plug-In - Manhattan Scientifics/PRNewswire

The charger, called the Power Holster(TM), is a portable lightweight cellular phone charging system that is only slightly larger than a typical cell phone belt holster. It uses a tiny array of MicroFuel Cells(TM) to continuously charge the phone when inserted in the holster. ...The MicroFuel Cells(TM) directly convert air and a mixture of methanol and water from disposable ampoules to produce electricity. ..."Last February," Hockaday said, "we announced test results from a single fuel cell. We have incorporated those capabilities into this new working prototype. In our current test fuel cells, we are realizing twice the efficiency of this prototype. We will incorporate the improvements from these current test cells into future versions of the Power Holster(TM)."

10/26/2000  Ballard Delivers 250-kilowatt Stationary Fuel Cell Power Generator to Nippon Telegraph and Telephone in Japan - Ballard/Business Wire

A cogeneration system using an absorption chiller developed by EBARA Corporation will be tested in conjunction with the fuel cell generator. NTT is a global information sharing corporation in Japan. ...The NTT group provides local, long distance, global and cellular telecommunications services, data communications services and multimedia services. NTT laboratories have been researching and developing a wide range of network technologies as well as clean energy systems. EBARA BALLARD is a jointly held company of EBARA Corporation of Japan and Ballard Generation Systems with a mandate to supply Ballard Generation Systems fuel cell power generators incorporating the Ballard(R) fuel cell to customers in Japan.

10/25/2000  Electric Auto Corporation Offers Solution to National Energy Crisis - Electric Auto/Business Wire

The Fuel Cells will be available in limited quantities next year, and EAC plans to be in full production at a large Alabama former textile mill in 2002, in time to head off the coming National Energy Crisis. Ultimately Apollo(TM) Power Plants will form part of the propulsion system for EAC's new, full-performance, zero-emission, Sport Utility Vehicles which will offer energy efficiency without compromising range, speed, acceleration or cost.

10/24/2000  Ballard and Matsushita Electric Works Sign Fuel Cell Supply Agreement for Portable Power Generators - Ballard Power Systems/Business Wire

Matsushita Electric Works will initially use the Ballard fuel cells for on-going field testing and demonstration of their 250-watt portable compact power generators for the Japanese market. ...Ballard is partnering with strong, world-leading companies, including DaimlerChrysler, Ford, GPU International, ALSTOM and EBARA, to commercialize Ballard fuel cells. Ballard has also supplied fuel cells to Honda, Nissan, Volkswagen, Yamaha, Cinergy and Coleman Powermate, among others.    

10/24/2000  Global Thermoelectric Announces Results of the Quarter Ending September 30, 2000 - Canada Newswire

10/24/2000  Dynetek to Sell Hydrogen Fuel Storage System to Ford - Reuters

Dynetek, which recently completed a C$40 million ($26 million) initial public offering, said the multiyear relationship calls for Ford to earn a minority stake in Dynetek in an equity incentive program.

10/24/2000  Honda Purchases Interest in FuelMaker, Manufacturer of Natural Gas Refueling Systems - American Honda/PRNewswire

American Honda Motor Co., Inc., which markets the Civic GX natural gas vehicle, has purchased a 20 percent interest in FuelMaker Corporation, a privately held Toronto-based company and the leading manufacturer of natural gas vehicle refueling appliances, the companies announced today. ...FuelMaker Corporation is an environmental technology company providing infrastructure solutions for both the natural gas and hydrogen/fuel cell fueling industries. ...The combination of extensive R&D, a manufacturing and quality focus, and 8,000 FuelMaker Vehicle Refueling Appliances (VRAs) in operation for both natural gas and hydrogen, has resulted in technology and a product line that is recognized around the world as extremely reliable and state of the art. (A VRA is a self-contained system that compresses natural gas or hydrogen and delivers it to the vehicle.) FuelMaker was voted "Best Natural Gas Vehicle (NGV) Company" in a North American industry poll two years running (1998 and 1999). Its 3,600 psi VRA was also voted "Best New Product" in 1998.

10/23/2000  H Power Corp. Signs Agreement With SGL Carbon to Develop Low-cost Graphite Plates - HPOW/Business Wire

In addition to the joint development of new low-cost graphite plates, SGL Carbon will continue to supply H Power with other carbon and graphite PEM fuel cell components that will further trim manufacturing costs and make the company's products more competitive. The high cost of graphite plates and papers is the principal driver of fuel cell stacks and their high cost, which this agreement should overcome, and is an obstacle to widespread commercialization of this environmentally benign technology. Under terms of this agreement, SGL Carbon will both design and manufacture cost-effective components. SGL Carbon currently produces and supplies large volumes of SIGRACET(R) Bipolar Plates and Gas Diffusion Media.

10/19/2000  Texaco to Purchase 20-Percent Interest in UniPure Corporation - Texaco/Business Wire

Using a PureEnergy(TM) proprietary technology, UniPure has made a break-through in the cost-effective removal of sulfur from oil. This will lead to economical desulfurization plants at crude oil production sites, as well as low-cost polishing units to desulfurize refined products, such as diesel fuel, to very low sulfur levels at a fraction of the cost of conventional technologies. Another UniPure PureEnergy(TM) technology may be used to upgrade heavy crudes to make syncrude that is essentially free of sulfur, and a low-sulfur, low-metals coke that may be gasified to hydrogen-rich syngas. Under the terms of the agreement, Texaco will hold one seat on UniPure Corporation's board of directors.

10/17/2000  Allied Business Intelligence Reports on Alternative Fuels for Fuel Cell Market - ABI/PRNewswire

"A definitive decision has yet to be reached on the fuels that will be used in the rapidly expanding fuel cell industry," said Atakan Ozbek, ABI Senior Energy Analyst and principal author of the report. "ABI research demonstrates there will be different plays in different geographies when the fuel choice is made," notes Ozbek. "Starting in 2001, fuel used will largely be controlled by the type of fuel cell technology used. This has to happen in order for fuel cell vehicles to penetrate the markets by the end of decade," asserts Ozbek.

10/17/2000  AFS Demonstrates Zero Emission Hydrogen Fueled Diesel Engine - Alternative Fuel Systems, Inc. (Canada)

AFS has achieved zero to extremely low levels of NOx and hydrocarbons operating a 6-cylinder inline 11-litre diesel engine on 100% hydrogen and on a combination of hydrogen mixed with natural gas.

10/16/2000  State of Arkansas Selects Enable(TM) Personal/Portable Fuel Cells to Demonstrate in Industries and Schools - DCH Technology/PRNewswire

The PFC purchased by the state is about the size of a cola can and weighs only 24 ounces. Combined with an even smaller sized canister of metal hydride as its feeder fuel, it produces 12 watts of power at 12 volts, a popular voltage used by many products running off DC current. There are no moving parts, no emissions, and the unit can be used in any orientation. It generates very little heat and thus can literally be held in hand or attached to a belt like a cell phone, if needed, during operation. A key advantage of the PFC over alternative portable power is that it can be "refueled" in a matter of seconds by simply replacing the hydride canister. Most batteries offer only one use, and those that can be recharged can take hours to do so.

10/16/2000  ChevronTexaco Merger Will Pursue ECD's Advanced Energy Technologies - Energy Conversion Devices/PRNewswire

ChevronTexaco will aggressively pursue the commercialization of energy technologies, including the Texaco Ovonic Fuel Cell Company, LLC, a 50-50 joint venture between Texaco and ECD announced Sept. 21, 2000, to further develop the Ovonic Regenerative Fuel Cells(TM) technology. At a press conference this morning, the Chairman and CEO of Chevron, David J. O'Reilly, in noting Chevron's and Texaco's leadership in emerging technologies, favorably discussed Texaco's investment in ECD and its related technologies, including its battery technology.

10/16/2000  Chilling New Book On Global Warming for Nonscientists Counsels Prompt Action - Berkeley Hills Books

By the time we’re absolutely certain how people are altering the world’s climate, it will be too late to avoid much of the expected damage, according to a new book on global climate change by Dr. John J. Berger.  The book, Beating the Heat:  Why and How We Must Combat Global Warming (Berkeley Hills Books, 2000), explains how humans are severely endangering the climate through unwise energy choices and damaging land use practices.  While providing a short, graphic summary of the dangers of rapid climate change, the book goes beyond dire forecasts to outline how America could lead the world towards a climate-safe, yet economically productive future. The book was written in part to refute the claims of climate skeptics who dismiss global warming and advocate postponing action to confront it.

10/13/2000  Stuart Energy's Solutions for Fueling Electric-powered Vehicles To be Unveiled at the Montreal Electric Vehicle Symposium - Stuart Energy/PRNewswire

The Stuart Personal(TM) Fuel Appliance (PFA) is designed to meet the fuel needs of up to 5 fuel cell cars and can be located anywhere. All it needs to start making hydrogen fuel is a 220 V electrical supply (the standard electrical outlet used for other appliances such as a clothes dryer) and a garden hose. A user can simply pull their car up to the PFA and connect. The PFA will provide a safe stream of hydrogen to the vehicle - it's as simple as recharging a cell phone. In Montreal, Stuart will unveil the new 200 series prototype of the Stuart PFA, which is one third the smaller than the 100 series PFA units demonstrated at previous conferences. ...Stuart also produces a Community Fueler(TM), which can provide the fuel needs of 50 or more cars, and a Bus Fueler(TM), specifically designed for transit authorities, which has just completed a two-year hydrogen supply program for Ballard fuel cell buses tested in Vancouver, B.C. and is part of a hydrogen vehicle project in California, at SunLine Transit. "Our new series 200 Stuart Personal Fuel Appliance represents a major next step in the progress of hydrogen as an alternate vehicle fuel particularly for fuel cell electric cars," says Andrew Stuart, President and CEO, Stuart Energy. "Any vehicle fuel or power source needs to be easily and affordably accessible. Our fuel appliance lets you make, store and deliver hydrogen on-site from the widely available sources of electricity and water."

10/12/2000  Stuart Energy Systems Announces First Quarter 2001 Financial Results - Stuart Energy Systems

Total working capital increased to $21.1 million in Q1 2001 from $4.9 million a year earlier, primarily as a result of increased cash from private equity placements. Andrew Stuart, President and CEO said, "The successful completion of the hydrogen fuel supply project in Vancouver, the investment by Cheung Kong Infrastructure, and the issue of our new U.S. patent for the DEP(TM) water electrolyser are significant milestones. These milestones will materially enhance our leadership position in the hydrogen energy and transportation fuel markets, as well as in the industrial hydrogen market." ...On June 16, 2000, the corporation issued and sold, by private placement, common shares to a new strategic partner, Grandwin Holdings DK ApS that raised approximately $12 million.

10/12/00  UniSource Energy/ITN Energy Systems Venture Wins Fuel Cell Development Contract - UniSource Energy

The Advanced Technology Program Office of the National Institute of Standards and Technology (NIST) has awarded a Colorado firm the contract to develop important new types of electric generating systems. ITN Energy Systems, Inc., in partnership with UniSource Energy Corporation (NYSE: UNS) received an initial $2 million contract for Integrated Planar Solid Oxide Fuel Cell Stack Development. The three-year program includes additional investment for a total estimated project budget of $4 million dollars. The fuel cell program will develop and demonstrate a 1-kW reduced temperature, sealed SOFC stack. ITN will utilize a proprietary design to create self-sealed components that will increase power, reduce manufacturing costs, and extend operating life compared to other concepts. UniSource Energy's principal subsidiaries include Tucson Electric Power Company, Arizona's second largest investor-owned utility; Global Energy Solutions, a designer and manufacturer of state-of-the-art solar energy products; Nations Energy Corp., an independent power developer; Southwest Energy Solutions, a regional services developer; and ION International, a provider of technology applications for efficient use of energy.

[Note:  From the NIST contract description - "Develop a new generation of low-temperature fuel cells that demonstrate improved efficiency with lower component costs, enabling U.S. industries to compete in a growing global market that could exceed $30 billion."  Also, PEM fuel cells have the coolest operating temperatures of all fuel cells.]

10/11/2000  [Nexant] Nth Power Technologies Raises $120.5 Million for Its 2nd Energy Venture Capital Fund - Nth Power/Business Wire

Nth Power's first venture fund raised $63 million from strategic investors including ABB, Cinergy, Energy East, Electricite de France, and Hydro Quebec. These organizations are also participating in Fund II, joined by new strategic and financial investors including Alliant Energy, Avistar, Ballentine Capital, Bank of America Capital, Central Hudson Gas and Electric, CIBC World Markets, First Energy Corp., Itochu International Inc., Lehman Brothers Venture Capital, Meridian Energy (New Zealand), NiSource Development, Norsk Hydro (Norway), PanCanadian Petroleum Limited and Pacific Venture Capital (a unit of PGE corporation). ...Two of Nth's portfolio companies had their initial public offerings of common stock this year. Capstone Turbine Corporation (Nasdaq:CPST) -- which develops, designs, assembles and sells microturbines to provide electricity at the site of power consumption and supplemental power for hybrid electric vehicles -- went public in late June at $16 per share and closed yesterday, October 10, at $43.44 per share.    Last month, Proton Energy Systems, Inc., (Nasdaq:PRTN) completed its IPO at $17 per share, and the stock closed yesterday $24.25 per share. This Nth portfolio company produces proton exchange membrane electrochemical products that it employs in hydrogen generating devices, and in regenerative fuel cell systems that function as power generating and energy storage devices. In addition to Capstone Turbine and Proton Energy, Nth currently has significant investments in companies such as Allconnect.com, Electronic Power Conditioning, Evergreen Solar, Inari, MainStreet Networks, Metallic Power, NanoGram, Nexant, Pentech Energy Solutions, Silicon Energy, UtilConnect, and Water Management Services. Co-investors in Nth portfolio companies include Crosspoint Ventures, Institutional Venture Partners, Integral Capital, Morgan Stanley Ventures and Sevin Rosen, as well as Bill Gates and Paul Allen.

10/11/2000  Harpster Named CFO of Millennium Cell - Millenium Cell/Business Wire

10/11/2000  H Power Corp. Names Lawrence Sanders Vice President of Sales and Marketing - H Power

10/9/2000  US Navy Testing Syntroleum for Application in Fuel Cells - Syntroleum

Syntroleum Corporation (Nasdaq: SYNM) announced today that it has produced and shipped synthetic fuel made to JP-5 specifications, under a purchase order from the Naval Surface Warfare Center Crane Division, under sponsorship from US Navy Office of Naval Research (ONR). The Navy project is to explore alternative fuels for fuel cell applications, in this case a synthetic version of a navy logistics fuel JP-5. The synthetic JP-5, designated S-5 by Syntroleum, will be tested in a fuel cell system manufactured by IdaTech Corporation, which is conducting the tests for the Navy. Syntroleum fuels contain virtually no sulfur, aromatics or metals. The absence of these contaminants enables simplification of fuel cell design, which reduces operating costs and size.

10/4/2000  H Power Corp. Reports 47% Increase in First Quarter Revenues - H Power/PRNewswire

10/3/2000  Praxair to Head U.S. Department of Energy Ultra-Clean Fuel Team - Praxair/Business Wire

Praxair, Inc. (NYSE:PX) has been selected by the U.S. Department of Energy (DOE) to lead one of eight teams that will pioneer a new generation of ultra-clean transportation fuels and associated emission controls to meet stringent tailpipe emission standards later this decade. The Praxair team includes BP plc, London, UK; Sasol Technology (Pty) Ltd., Johannesburg, South Africa; Den norske stats oljeselskap a.s. (Statoil), Stavanger, Norway; International Truck and Engine Co., Melrose Park, Ill.; and Nuvera Fuel Cells, Cambridge, Mass. The team plans to leverage breakthrough ceramic membrane research developed in the ongoing Oxygen Transport Membrane (OTM) technology alliance of Praxair, BP, Sasol and Statoil. The OTM alliance was formed in 1997 to develop a low-cost, environmentally-friendly technology for the production of synthesis gas.

10/2/2000  Avista Labs Provides First Unit for HARC Fuel Cell Study - Avista Labs/PRNewswire

Avista Labs, a technology affiliate of Avista Corporation (NYSE: AVA), has been selected to supply the first demonstration unit for a multi-year project to determine whether fuel cells will stack up as an energy source of the future. A consortium, organized by the Houston Advanced Research Center (HARC), is testing fuel cells' performance and reliability as a clean, efficient and affordable energy source. Participating in the HARC consortium are Dana Corporation (NYSE: DCN), Salt River Project, Southern Company (NYSE: SO), Texaco (NYSE: TX) and Walt Disney Imagineering Research & Development, Inc. Avista Labs is known for its unique modular-based fuel cell, designed to be simple and reliable for the end-user. HARC recently received Avista Labs' three-kilowatt, modular PEM (proton exchange membrane) test unit for demonstration. The unit is about the size needed to meet the average power needs of a typical home.

10/2/2000  PA DEP: Deadline to Apply for Alternative Fuel Grants Extended - PA DEP/PRNewswire

Pennsylvania Department of Environmental Protection (DEP) Secretary James M. Seif today extended the deadline to apply for funding under the Alternative Fuel Incentive Grant Program to Nov. 1.  "More than $7 million is available for school districts, local governments, corporations, partnerships, nonprofit entities and Commonwealth residents for projects that promote the use of cleaner-burning alternative fuels," Seif said.  "We hope that, by extending the deadline, more people will be encouraged to apply."  Grants can be used to convert an existing gasoline vehicle to operate on an alternative fuel; pay for the difference between an alternative fuel vehicle and a conventional gasoline or diesel vehicle; purchase and install a refueling or recharging facility; or evaluate new alternative fuel technologies.  Grants even can be used toward the purchase of new energy-efficient hybrid electric vehicle.

10/2/2000  FuelCell Energy Announces Alliance With Enron North America - FCEL/Business Wire

FuelCell Energy and Enron will work together to develop and market FuelCell Energy's Direct FuelCell(R) products, focusing on state renewable and energy conservation programs. In connection with the alliance, Enron has invested $5 million in the common stock of FuelCell Energy. Additionally, FuelCell Energy will issue warrants enabling Enron to purchase up to 1.3 million shares of FuelCell Energy common stock.

9/29/2000  Proton Energy Systems Announces Initial Public Offering - PES/Business Wire

Proton Energy Systems, Inc. (NASDAQ:PRTN) today announced the initial public offering of seven million shares of its common stock at a price of $17 per share. ...Morgan Stanley Dean Witter, Credit Suisse First Boston and Salomon Smith Barney are serving as lead underwriters of the offering. A prospectus can be obtained from the Prospectus Department of Morgan Stanley Dean Witter (212) 761-4000, 1585 Broadway, New York, NY 10036.

9/29/2000  Wechsler Harwood Halebian & Feffer LLP Announces Class Periods - Wechsler Harwood Halebian & Feffer/Business Wire

9/29/2000  Berger & Montague, P.C. Files Class Action Lawsuit Against Plug Power, Inc. - Berger & Montague/PRNewswire

9/29/2000  Class Action Lawsuit Commenced Against Plug Power Inc. (PLUG) By Bernstein Liebhard & Lifshitz, LLP - Bernstein Liebhard & Lifshitz/PRNewswire

9/28/2000  Stuart Energy Files Final Prospectus Relating to $172 Million IPO - SES/Canada Newswire

Stuart Energy has agreed to offer 5,770,000 common shares at a price of $26 per share for total gross proceeds of approximately $150 million. CIBC World Markets Inc. is the lead manager for a syndicate of underwriters, including BMO Nesbitt Burns, RBC Dominion Securities, HSBC Securities (Canada) and TD Securities (collectively, the "Underwriters"). CCFL Advisory Services Inc. is Stuart Energy's principal financial advisor. Stuart Energy has also granted to the Underwriters an over-allotment option, exercisable within 30 days of the closing of the offering, for the purchase of an additional 865,500 common shares at $26 per share. Assuming the exercise of the over-allotment option in full, total gross proceeds for the offering will be over $172 million. ...The offering is expected to close on or about October 5, 2000.

9/28/2000  Energy Conversion Devices, Inc. Announces Year-End Operating Results - ECD/PRNewswire

9/27/2000  Ballard Signs Exclusive Agreement for QuestAir's Hydrogen Purification and Oxygen Enrichment Technology - Ballard/QuestAir/Business Wire

QuestAir's oxygen enrichment system will be developed and integrated with Ballard's proton exchange membrane fuel cells, allowing reductions in fuel cell stack size and weight, thereby improving power density and generating cost savings. QuestAir's hydrogen purification system, which removes impurities from the hydrogen generated from onboard or stationary fuel processing, will contribute to the development of high performance and cost-effective fuel reforming systems. QuestAir is focused on the development and commercialization of a proprietary revolutionary pressure swing adsorption technology, which separates and enriches selected gas streams with enhanced speed and compactness. The technology can be used in a wide range of applications including fuel cells, diesel emissions reduction, industrial gas applications, and medical oxygen devices. QuestAir, which is based in Burnaby, B.C., has partnered with BOC Gases to introduce its oxygen products into the industrial gas market.

9/26/2000  Cauley & Geller, LLP Announces Class Action Lawsuit Against Plug Power, Inc. Seeking Damages On Behalf of Shareholders - Cauley & Geller, LLP/Business Wire The complaint charges that the Company and certain of its officers and directors violated the federal securities laws by providing materially false and misleading information about the Company's business and financial condition. As a result of these false and misleading statements the Company's stock traded at artificially inflated prices during the class period. 9/26/2000  Energy From Water; Via-Tek Testing Revolutionary Third Generation Hydrogen Gas Generator - Astris/Business Wire Via-Tek's patent pending Hydrogen Gas Generator produces hydrogen gas from water via the time release of measured amounts of an alkaline metal emulsion into a water reservoir. The result is hydrogen gas on demand in the exact quantity required at any given moment. 9/26/2000  Astris Energi Reports Alkaline Fuel Cell Progress to International Conference - Astris Energy/Business Wire Astris has specialized to date in development of kilowatt-sized systems to power golf carts, airport ramp, in-plant delivery, retirement community and similar vehicles. ...The company has also developed and built a four-kilowatt system to provide electricity, heat and hot water that would be suitable for residences, which is currently undergoing evaluation at a technical university in the Czech Republic, where Astris' affiliate facility is located. 9/26/2000  Motorola Researchers Report Progress in Miniaturizing Fuel Cell Power Source for Consumer Electronic Devices - Motorola/Business Wire Previous DMFC systems have used discrete tubes to mix the methanol fuel with water and deliver it to the fuel cell. Motorola has now successfully demonstrated the use of multi-layer ceramic technology for processing and delivering fuel and air to the fuel cell membrane electrode assembly (MEA). This fuel delivery system can be built into a miniature fuel cell. The prototype, shown this week at the Power 2000 Conference in San Diego, CA, combines fuel mixing and microchannels for delivery, substrate for MEA mounting, and electrical contact in just two ceramic pieces. The lower ceramic piece handles the liquid fuel processing while the upper piece provides for passive air delivery (air-breathing). The MEA is sandwiched between the two ceramic layers, making for simple assembly. This ceramic technology also simplifies the interconnection of multiple fuel cells. 9/25/2000 DCH Technology to Demonstrate Portable Fuel Cells and Hydrogen Sensor Systems at the International Energy & Environmental Congress - DCH Technology/PRNewswire Milwaukee's IEEC represents this year's premier Midwest forum for the latest innovations in energy and distributed generation, transmission, power quality, and control and management products and has attracted a global attendance. The focus of this year's conference is reliable power and technologies for efficient buildings and plants. Acknowledging strengthening trends, this year is also the first time practical hydrogen energy technology is included at the IEEC.  DCH will demonstrate several high efficiency fuel cells that have direct application to attendees' priorities for reliable, extremely high-shelf-life emergency power, auxiliary/back-up power, and remote power, as well as portable mini-generators. DCH will also highlight how - as fuel cells become the clean, reliable solution of choice for such applications - the company's Robust Hydrogen Sensors(TM) will maximize their safety through computer chip technology that is emerging as the defacto standard for hydrogen energy safety. DCH sensors are used today in many industrial sectors and were recently selected over major international competition for additional installations in nuclear power plants in Europe.

9/25/2000  Air Liquide America to Supply Hydrogen to Geismar, Louisiana, Industrial Basin - Air Liquide America/PRNewswire

Air Liquide America will purify raw hydrogen gas from Vulcan Chemicals and transport it via pipeline to BASF. The facility will also supply Vulcan Chemicals' high purity hydrogen requirements. This is Air Liquide America's first hydrogen operation in Louisiana, which is expected to be commissioned in the first quarter of 2001.

9/25/2000  Schiffrin & Barroway, LLP Announces Class Action Lawsuit Against Plug Power, Inc. - Schiffrin & Barroway/Business Wire

9/22/2000  Wechsler Harwood Files Class Action Against Plug Power, Inc.- Wechsler Harwood Halebian & Feffer LLP

In February 1999, PLUG partnered with General Electric and formed GE Fuel Cell Systems LLC, which was dedicated to providing marketing, distribution, service and installation and maintenance of residential fuel cells through GE's global network. The complaint alleges that PLUG failed to disclose that PLUG was unable to produce fuel cells in conformance with the contractual specifications in the GE contract and that, as a result, the Company's relationship with GE was subject to increased risk and uncertainty and GE would be able to terminate its agreement with PLUG without having to purchase PLUG fuel cells.

9/22/2000  Investors File Class Actions Seeking Returns of Losses Announces The Law Office of Leo W. Desmond - Law Office of Leo W. Desmond

Plug Power Inc. (Nasdaq:PLUG) 02/14/00 to 08/02/00

9/22/2000  Law Offices of Lionel Z. Glancy Announces Class Action Lawsuit Against Plug Power Inc.- Law Offices of Lionel Z. Glancy

The Complaint charges defendants with violations of federal securities laws.

9/22/2000  Milberg Weiss Announces Notice of Pending Class Action Securities Lawsuits - Milberg Weiss Bershad Hynes & Lerach, LLP

Plug Power, Inc. (NASDAQ: PLUG) 2/14/00 - 8/2/00

9/22/2000  Class Action Lawsuits Filed by Investors Brodsky & Smith, L.L.C. - Brodsky & Smith, L.L.C.

Plug Power, Inc. (NASDAQ: PLUG) 02-14-00 to 08-02-00

9/22/2000  ECD'S President and CEO Keynote Speaker At Fuel Cell 2000 Conference - ECD

Energy Conversion Devices, Inc. (ECD) (Nasdaq: ENER) is pleased to announce that Stanford R. Ovshinsky, president and chief executive officer of ECD, will be a keynote speaker, on Sept. 27th, at the "Fuel Cell 2000 Research and Development," a conference to be held by Strategic Research Institute's Natural & Developed Resources Division. The conference, sponsored by the U.S. Department of Energy, is being held at the Crowne Plaza Hotel in Philadelphia on Sept. 26-27, 2000.

9/21/2000  PPL Corp. Signs Agreement to Distribute Fuel Cells - PPL/PRNewswire

Further building on its position as a leading energy solutions provider for businesses, PPL Corp. (NYSE: PPL) Thursday (9/21) announced that it has signed an agreement to become the first North American distributor of fuel cells manufactured by FuelCell Energy, Inc. (Nasdaq: FCEL). PPL also has made an equity investment in FuelCell Energy of about $10 million, or roughly one percent of FuelCell's equity. ...A key part of PPL's energy solutions approach is distributed generation -- providing small power generators to customers at their location. PPL offers a variety of distributed generation solutions through its GenSelect(SM) program, ranging from diesel generators to cutting-edge microturbines and fuel cells.

9/21/2000  Texaco and Energy Conversion Devices, Inc. Form Fuel Cell Joint Venture - Texaco/ECD/PRNewswirre

Texaco Energy Systems, Inc. (TESI) and Energy Conversion Devices, Inc. (ECD) (Nasdaq: ENER) today announced the formation of Texaco Ovonic Fuel Cell Company, L.L.C., a 50-50 joint venture to further develop and advance the commercialization of the Ovonic Regenerative Fuel Cell(TM). Under the terms of the joint venture agreement, ECD will provide proprietary technology and its fuel cell development expertise, while TESI will provide additional technological support and funding for development work and initial product launch. Work under this joint venture will commence immediately and the funding for initial product and market development is estimated to exceed $40 million. Commenting on the announcement, William M. Wicker, Texaco Inc. Senior Vice President, said, "The Ovonic Regenerative Fuel Cell(TM) represents the kind of important advanced energy technology in which Texaco intends to be a leader. This joint venture not only moves us closer to that objective, but also builds upon our relationship with ECD and the strategic investment we made in the company earlier this year."-

9/21/2000  Dynetek Industries Ltd. Announces Closing of Initial Public Offering - Dynetek/Canada Newswire

9/20/2000  H Power Corp. To Supply Ball Aerospace With Fuel Cell Stacks For Use In Advanced Military Field Equipment - H Power/Business Wire

Under the terms of the Memorandum, H Power Corp. will supply Ball Aerospace with proton-exchange membrane (PEM) fuel cell stacks for use in Ball Aerospace's portable hydrogen fuel cell power systems that are sold to the U.S. military and other users requiring similar highly sophisticated power sources. H Power will provide fuel cell stacks capable of supplying between 10 and 500 watts of electricity for Ball's PPS-15, PPS-50 and PPS-100 portable power systems.

9/19/2000  Underwriters Exercise Overallotment On Millennium Cell IPO - Millennium Cell/Business Wire

Millennium Cell Inc. (MCEL: NASDAQ), developers of the patented Hydrogen on Demand(TM) hydrogen-generating system, announced that the underwriters of its recent initial public offering exercised 352,300 shares of the over-allotment on September 13, 2000. Millennium Cell's Hydrogen on Demand technology generates energy in the form of hydrogen or electricity.  The offering of 3,000,000 shares of common stock at $10 a share, made on August 9, was co-managed by Morgan Keegan & Co., based in Memphis, Tennessee, and Robinson-Humphrey in Atlanta, Georgia. The shares, all sold by the company and including shares sold pursuant to the over-allotment option, raised a total of $33.5 million before expenses and commissions and gave the Company a total of 27,200,000 shares outstanding.

9/19/2000  UTC's International Fuel Cells and Toshiba to Form Japanese Joint Venture - IFC/PRNewswire

The joint venture will incorporate Toshiba's fuel cell development activities in Japan and focus on accelerating development of Proton Exchange Membrane (PEM) fuel cell technologies and on increasing sales of the PC25(TM) fuel cell power system. "This joint venture will combine our research efforts, eliminate duplication and accelerate the development of PEM fuel cell technology," said William T. Miller, president of IFC. "The venture will also provide IFC with expanded access to the Japanese market for both residential and commercial fuel cell power plants." Toshiba has worked to develop fuel cell technology since 1978. This year, Toshiba manufactured 30 kilowatt and 1 kilowatt PEM fuel cell test plants.

9/19/2000  Shell and International Fuel Cells Agree to Establish Fuel Processing Joint Venture - Shell/PRNewswire

Shell Hydrogen US, a division of Shell Oil Products Company (Shell), and International Fuel Cells, a subsidiary of United Technologies Corporation (NYSE: UTX), today announced their intent to establish a 50-50 joint venture company to develop, manufacture, and sell fuel processors for the emerging fuel cell and hydrogen fuel markets. ...Additionally, as part of a broader strategic business relationship between Shell Hydrogen and UTC in the emerging fuel cell and hydrogen businesses, Shell will market IFC fuel cell power systems for certain stationary power applications.

9/14/2000  FuelCell Energy Selected by Department of Energy for Ohio Coal Mine Methane 250 kW Demonstration Project - FCEL/Business Wire

FuelCell Energy, Inc. (NASDAQ: FCEL) has been notified by the Department of Energy (DOE) National Energy Technology Laboratory (NETL) that it has been selected to design, construct and operate a 250 kW direct fuel cell (DFC(R)) at the Harrison Mining Corporation coal mine in Cadiz, Ohio, which is 50 miles west of Pittsburgh. Negotiations leading to a final award are expected to be completed by the end of September.  The objective of the project is to reduce methane emissions associated with underground coal mining operations. The project will demonstrate the ability of the DFC(R) to generate electricity using coal mine methane emissions that conventionally escape into the atmosphere. Costs for the $5.4 million, three-year program will be shared equally by DOE and FuelCell Energy. Site design is planned to begin this fall, with construction anticipated to be underway by January 2001 and operations to commence in the third quarter of 2002.  Northwest Fuel Development, Inc., based in Lake Oswego, Oregon, operates a power generating facility at the mine site and will be the site manager for the fuel cell power plant demonstration. Electricity produced by the fuel cell will be used by the Harrison Mining Corporation for the operation of mining equipment under a power purchase agreement between Northwest Fuel Development and Harrison Mining.

9/14/2000  FuelCell Energy to Receive U.S. Small Business Administration Tibbetts Award - FCEL/Business Wire

The U.S. Small Business Administration has announced that FuelCell Energy, Inc. (NASDAQ: FCEL) of Danbury is the recipient of the coveted Small Business Administration's (SBA) Tibbetts Award. The prestigious Tibbetts Award is given annually to those small firms, projects, organizations, or individuals judged to exemplify the very best in Small Business Innovation Research (SBIR). ...Under a SBIR program supported by U.S. Department of Energy, FCE developed an innovative approach to increase the strength of the matrix, a critical fuel cell component, by a factor of ten, while reducing its cost by more than 50%. The resultant design for fuel cells enabled FCE to initiate commercialization of its DFC(R) technology, leading to successful demonstrations. Based on this success, FuelCell Energy is now positioned to offer one submegawatt and two megawatt class DFC(R) products for distributed power generation.

9/14/2000  BPA Authorizes IdaTech to Proceed With Beta Program - IdaTech/PRNewswire

IdaTech and BPA testing this summer is being conducted at a variety of electric utility customer sites in the Pacific Northwest, including those of Central Electric Cooperative (CEC) in Redmond, Oregon, Consumer's Power Incorporated (CPI) in Philomath, Oregon; Oregon; Fergus Electric in Lewistown, Montana; Lincoln Electric in Eureka, Montana; and Energy Northwest in Richland, Washington, among others. The testing was conducted under a May, 1999, purchase agreement with BPA to purchase 110 IdaTech fuel cell systems, rated at 3 kilowatts, which is ample for a standard 2,000-square-foot home. BPA is an agency of the U.S. Department of Energy.

9/14/2000  Medis Technologies Demonstrates Key Advances In Direct Liquid Methanol (DLM) Fuel Cell Technology - Medis Technologies/PRNewswire

The Company's fuel cell module, 1" X 1" X 3/8" in size, delivered .24 watts and .9 volts so that a small fuel cell made up of eight of these modules would be capable of operating a cellular phone. Additional modules could power a laptop computer. In the demonstration, the module operated for eight hours continuously at 60% of its nominal capacity and for 20 hours at 50% of its nominal capacity. ...The Company plans to market its DLM fuel cell initially as a power pack, a universally compatible secondary power source for existing cell phones, personal digital assistants (PDA), and laptop computers.

9/14/2000  Technology Update: Xogen Unveils Hydrogen Generator Via Webcast - Tathacus Resources/Business Wire

Tathacus Resources Ltd. (CDNX:TTC.) is pleased to advise that Xogen Power's beta prototype hydrogen generator is fully functional. The generator can now be seen in action producing commercial volumes of clean burning hydrogen gas from nothing but tap water by visiting www.xogen.com or www.tathacus.ca. The prototype generator consumes very little electrical current, requires no chemical additions to the water and produces the hydrogen immediately, on site and on demand.  Tathacus currently owns 20 percent of Xogen Power Inc., a private advanced fuel technology company. The two companies are also partners in a joint venture to commercialize the technology's home and commercial heating applications. With development of the beta prototype complete, Xogen will continue refining the technology as it drives forward to commercialization through strategic alliances. In a parallel process, the two companies are building a self-contained hydrogen burning home furnace which they expect to have completed by the first quarter of 2001.

9/13/2000  BOC to Build Biggest Hydrogen Plant for Huntsman - BOC Gases/PRNewswire

BOC will invest around 30 million pounds sterling GBP ($42 million USD) to construct a new 32,000-tonne-a-year hydrogen plant at Huntsman's North Tees site near Seal Sands. The new plant, which will be the largest out-sourced hydrogen plant in the UK, will supply high purity hydrogen by pipeline to Huntsman production facilities on Teesside at both Wilton and North Tees, as well as steam to North Tees under a 15-year supply contract. The project also includes the building of essential new infrastructure such as pipelines and power supply cabling. Design and construction of the plant will be carried out and managed by Foster Wheeler Energy Limited, which has formed an alliance with BOC.

9/13/2000  Energy Conversion Devices Reports on Hydrogen Stored in a Solid For Fuel Cells: The Auto Industry's Game Changer - ECD/PRNewswire

Propulsion experts agree that cars in the near future will be electrically-driven and fuel cell powered to satisfy the need for environmentally-responsible transportation. A consensus is also forming -- in both automobile industry and energy supply sectors -- that hydrogen will be the ultimate fuel of the 21st century. Enter ECD's game-changer. "It's our intention to lead the way to a hydrogen economy," said Stempel, "ECD's metal-hydride storage systems offer a cost-effective, safe and efficient means of transporting the energy necessary for vehicles of the future." ...Recent advancements in metal hydrides facilitate storing sufficient hydrogen to power a fuel cell electric vehicle several hundred miles. And, unlike every alternative method currently under consideration for future cars-onboard reformation of hydrocarbon fuels to hydrogen, high-pressure or cryogenic storage-carrying hydrogen as a solid in a metal-hydride matrix is by far the safest approach.

9/12/2000  IMPCO, Lawrence Livermore & Thiokol Team Achieve Breakthrough in Hydrogen Storage for Fuel Cells - IMPCO/PRNewswire

IMPCO Technologies, Inc. (Nasdaq: IMCO) announced today that a team of scientists from IMPCO, Lawrence Livermore National Laboratories (LLNL) and Thiokol Propulsion, Alcoa Industrial Components Group, a subsidiary of Alcoa Inc., (NYSE: AA) successfully hydroburst tested a high performance prototype hydrogen storage cylinder designed for Fuel Cell Vehicle applications (FCVs) and achieved a mass performance record of 11.3% hydrogen storage by weight, the highest storage efficiency ever demonstrated. The significance of this achievement means that fuel cell vehicles can now travel further between refueling intervals (greatly extended range) than previously thought possible. On-board direct hydrogen storage is simple, cost-effective, durable, and safe for automotive use and allows elimination of on-board fuel reformers, which are expensive, complex, and physically large in size and generate emissions. This new compressed hydrogen storage device allows more efficient storage compared to alternatives such as metal hydrides (1.5-3% by weight at room temperature) or liquid hydrogen (up to 8% by weight). The safe gaseous hydrogen pressure vessel technology they are developing can reversibly store more energy per unit mass than any other non-nuclear technology.

9/12/2000  Industry Leaders to Co-operate in Study on the Introduction of Methanol Fuel Cell Vehicles - Mehtanex/PRNewswire

DaimlerChrysler AG, BP , BASF, Methanex Corporation, Statoil and XCELLSIS have entered into a co-operation agreement to evaluate what would be needed to facilitate the introduction and commercialization of methanol fuel cell vehicles. The goal is to establish a joint position after examining any health, safety, environmental and infrastructure issues associated with the use and introduction of methanol fuel cell vehicles. ...Each partner brings extensive know-how in working with methanol into the co-operation: BP, Methanex, Statoil have experience in methanol production and distribution. BP and Statoil will also contribute their competence in fuel retailing. BASF as a leading catalyst company will contribute its expertise in innovative catalyst technology which is crucial for using methanol in fuel cells as well as its wide ranged knowledge about the handling and processing of methanol. As leaders in methanol fuel cell vehicle development, DaimlerChrysler and XCELLSIS will provide expertise on this promising vehicle technology.

9/12/2000  Rentech Completes Basic Engineering, Begins Permitting Process For Nation's First Modern Gas-to-Liquids Plant - Rentech/PRNewswire

Rentech, Inc. (Amex: RTK) announced today that it has completed the basic engineering and design work required to convert the Company's fifty percent-owned Sand Creek LLC project in Commerce City, Colorado, from a methanol plant into the United States' first modern Fischer-Tropsch Gas-to-Liquids (GTL) facility. ...Dennis L. Yakobson, chairman, president, and CEO of Rentech, commented, "Sand Creek represents a milestone for both Rentech and the United States Gas- to-Liquids industry. Conventional thinking is that due to high natural gas prices, GTL may not be economically feasible in the U.S. Rentech believes its strategy of purchasing mothballed methanol plants at favorable prices compared to greenfield construction and retrofitting of such GTL plants will prove to be a cost-effective method which will produce cleaner, sulfur- and aromatic- free fuels for US consumers. Existing methanol plants already have syngas production equipment in place. Such equipment generally constitutes some 60% of the cost of a greenfield GTL plant."

9/12/2000  Fuel Chaos Provides Boost to Alternative Fuels, Says just-auto.com - just-auto.com/PRNewswire

Alternative fuels and technology such as hybrid (gasoline-electric), electric battery, compressed natural gas, liquid petroleum gas and ethanol, all of which have disadvantages, have been attracting much attention, but in the longer term there are high hopes for the fuel cell.  just-auto.com Managing Editor, David Leggett commented: "Whatever OPEC does, it seems pretty clear that gasoline prices are not going to be coming down substantially. Work on alternative fuels will be encouraged by all of this."

9/11/2000  Hydrogen Burner Technology, Inc. Announces SEC Registration Filing - HBT/PRNewswire

Hydrogen Burner Technology, Inc. (HBT) announced today that it has filed a registration statement with the U.S. Securities and Exchange Commission for a proposed initial public offering of its common stock, which will represent new financing for HBT. Hydrogen Burner Technology, Inc. manufactures stationary and transportation hydrogen processors for supplying hydrogen to the fuel cell market as well as on-site hydrogen generators for industrial markets. The lead underwriter for the offering will be Salomon Smith Barney Inc., and the co-managers will be Lehman Brothers Inc. and CIBC World Markets Corp.

9/8/2000  H Power Cor. - Deutsche Banc Alex. Brown's Ed Tirello Initiates Research Coverage - Deutsche Banc Alex. Brown/PRNewswire

According to Tirello, the current power market conditions have created a ripe market ready to usher in a new era in electricity generation. Utilities have been too cautious to commit the capital to expand and upgrade their fleet of generation facilities and their aging transmission and distributions systems in the United States -- a problem compounded by an unprecedented deregulation process. "Demand for electricity is growing at an unexpectedly rapid clip and, in our view, the utility industry is not prepared to meet the requirements of a strong, technologically-oriented, Internet economy," said Tirello. "Deregulation allows distributed generation technologies, like H Power's fuel cells, to directly address the needs of utility customers." Tirello estimates that the residential market for fuel cells will reach $7 billion in 2007 and $30 billion in 2017.

9/8/2000  Astris Energi Reports Fuel Cell Golf Cart Project on Schedule - Astris Energi/Business Wire

According to Jiri Nor, president, the stacks were manufactured in the European fuel cell facility in Benesov, Czech Republic, as part of the current project which will lead to a full demonstration of Astris' fuel cell powerplant in a golf cart next spring. This system will also be suitable for a variety of small vehicles, he said. The company is presently expanding its fuel cell laboratory in Mississauga to permit fully computerized testing of fuel cell systems and their components. While the fuel cell electrodes and stacks for the golf cart project are being made in Europe, Nor explained, system engineering, integration, testing and installation in the vehicles will be carried out in the Canadian facility. "Astris' alkaline fuel cells (AFC) operates at ambient temperatures and pressures, and provide higher system effieciency than competing systems, with lower fuel consumption and better mileage," Nor said. "They also perform well in subzero temperatures," he added, "making them ideal for use in mobile and outdoor applications."

9/8/2000  Proton Energy Systems, Inc. Announces the Appointment of Key Senior Level Technical People - Proton/Business Wire

Dr. Thomas Maloney has joined the company as Business Development Manager focusing on energy markets. Dr. Maloney brings to Proton nearly 15 years experience in regenerative fuel cell systems development for commercial, aerospace, and military applications. ...Fred Mitlitsky has joined the company as Director of Advanced Engineering. Fred joined Proton after 18 years with Lawrence Livermore National Laboratory (LLNL) where he was a senior scientist and program manager. Fred's recent projects focused on regenerative fuel cell systems and lightweight tankage for energy storage and propulsion.

9/8/2000  Plug Power Appoints Douglas Hickey to Board of Directors - Plug Power/PRNewswire

Hickey is Chief Executive Officer and Director of Critical Path Inc., the dominant global provider of business-to-business Internet messaging solutions for the wireless, Internet-centric, telecommunication and corporate markets.

9/7/2000  Avista Corp. Fuel Cell Business Names CEO and Expands Leadership Team - Avista Corp/PRNewswire

J. Michael Davis Named CEO, Kim Zentz Becomes President and COO, Frank Ignazzitto Named Vice President of Marketing. ...Davis joins Avista Labs from Kyocera Solar, Inc. of Scottsdale, Ariz., where he served as company president and chief executive officer. ...Zentz has been with Avista Labs since the company's founding in 1996, and has served as company president since 1998. ...Ignazzitto most recently served as general manager - Asia Pacific Region for Mobil Oil Corporation and was based in Singapore. In that role, he managed Mobil's international and domestic marine business across 17 countries.

9/6/2000  H Power Corp. Introduces Advanced Fuel Cell System - H Power/Business Wire

H Power Corp. (NASDAQ:HPOW), a leading fuel cell development company, today introduced Power Pem(R)PS250, a new advanced proton-exchange membrane (PEM) fuel cell system that meets an extensive range of applications. The system, rated at 250 watts, is available in both mobile and rack-mounted models. The product is designed for the small electric vehicle market as either a primary or fuel cell-battery hybrid power source, or a backup power supply for solar photovoltaic installations. It can also be used for military and industrial portable battery chargers, and for a variety of other applications.

9/5/2000  Ballard Delivers 250-kilowatt Stationary Fuel Cell Power Generator - Ballard Power Systems/Business Wire

Ballard Power Systems announced today that its subsidiary Ballard Generation Systems has delivered its third 250-kilowatt stationary fuel cell power generator for field testing through its associated company ALSTOM BALLARD to Elektra Birseck, in Switzerland. This power generator, which uses Ballard(R) fuel cells, will be tested by Elektra Birseck, one of the largest suppliers of power in Switzerland, at their corporate headquarters in Basel.

9/5/2000  GE Continues Global Expansion of Fuel Cell Distribution Network - GE Microgen/PRNewswire

GE MicroGen (GEMG) announced today that it has added two new energy partners to its global fuel cell distribution network. "Soroof Trading Development Company will represent our fuel cell product line in Saudi Arabia, and RahimAfrooz will distribute our product in Bangladesh," said Barry Glickman, President of GEMG.

9/5/2000  Tathacus Closes Financing And Buys Stake In Xogen Power - Tathacus/Business Wire

Xogen is a private Alberta-based advanced fuel technology research company. Xogen has developed a proprietary technology for efficient on-site and on-demand generation of hydrogen from tap water. Development of a beta prototype of the hydrogen generator is in the final stages.

Corporate Press Releases 2000   September and October
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