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Technology Stocks : Ballard Power -world leader zero-emission PEM fuel cells
BLDP 2.815-0.5%Dec 8 3:59 PM EST

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To: david sosiak who wrote (4033)4/19/1999 12:45:00 AM
From: Hawkeye   of 5827
 
Sunday April 18, 9:59 pm Eastern Time

Ballard to demonstrate fuel cell vehicle in Calif.

WASHINGTON, April 18 (Reuters) - Ballard Power Systems Inc. (BLD.TO - news) said
on Sunday it would hold the first street demonstration of the fuel cell-powered vehicle it has
developed with DaimlerChrysler (DCX - news) in California on Tuesday.

Spokeswoman Debby Roman said the demonstration would take place in Sacramento.

The vehicle, based on the Mercedes A-Class compact, uses a fuel cell to drive an electric motor. The cell turns hydrogen gas
into electricity and leaves only water vapor in its exhaust.

Roman said Ballard and its partners in the venture, including Ford Motor Co (F - news), hoped the technology would
revolutionize the auto industry.

The prototype car was unveiled on March 17, causing a sharp jump in Ballard's stock.

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