DCH Receives Contract valued at $ 250,000 First Year.
DCH Technology Inc. Selected By SRT Group
to Provide Hydrogen Safety Engineering for
Renewable Energy Project
PR Newswire - September 01, 1999 05:15
VALENCIA, Calif., Sept. 1 /PRNewswire/ -- DCH Technology, Inc. (OTC
Bulletin Board: DCHT) has been selected by SRT Group Inc. a Miami
FL-based developer of hydrogen and renewable energy storage systems, to
provide hydrogen safety engineering and equipment for the development and
deployment of an integrated power system. The SRT Group, working under
cooperative agreements with the U.S. Department of Energy, selected DCH
based upon its strong record for project performance, its ability to configure
complete hydrogen sensor systems and the technical expertise of the DCH
engineering staff. The exclusive contract is valued at approximately $250,000
for the first year.
DCH Technology is a technology development and manufacturing firm
specializing in patented and proprietary gas sensor and safety products that
are sold to industrial and government customers worldwide. DCH's core
technologies include the Robust Hydrogen Sensor, the Thick Film Hydrogen
Sensor and the Fiber Optic Hydrogen Sensor. DCH safety detection and
process monitoring technologies are currently being used by NASA,
Westinghouse, General Motors, AlliedSignal and many other large
multi-national companies. The worldwide market for gas sensors is currently
estimated at $1 billion and rapidly growing.
Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995: Statements in this news release looking forward in time involve risks
and uncertainties, and actual results may be materially different. Factors that
could cause actual results to differ include activity levels in the securities
markets and other risk factors, such as customer order rates, cancellations,
late delivery of customer components, production delays, dependence upon
certain customers, dependence upon key executives, viability of quarterly
results, single operating facility, competition, product liability risk, control by
management, foreign currency fluctuation, and other risks detailed in
applicable SEC filings.
For More Information Please Contact: DCHTINVEST@aol.com or call (661)
775-8120, ext. 11. Also see the DCH Website at dcht.com and
SRT's Website at thesrtgroup.com.
SOURCE DCH Technology, Inc.
/CONTACT: Dennis Reid of DCH Technology, Inc., 661-775-8120,
DCHTINVEST@aol.com/
/Web site: thesrtgroup.com
/Web site: dcht.com
(DCHT)
Posted on SI by Steve O
ramcapitalmanagement.com
copower.com |
