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Technology Stocks : Ballard Power -world leader zero-emission PEM fuel cells
BLDP 2.670-2.0%12:41 PM EST

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To: John Curtis who wrote (4039)4/19/1999 11:12:00 AM
From: Ron Everest   of 5827
 
Toronto Press:

Globe says Ballard to test technology on California streets

Ballard Power Systems Inc BLD
Shares issued 83,319,317 Apr 16 close $48.70
Mon 19 Apr 99 In the News
Also DaimlerChrysler AG (DCX)
The Globe and Mail reports in its Saturday, April 17, edition that Ballard
Power Systems will announce this week that cars and buses powered by its
pollution-free fuel cell technology will soon be on the road in California
as part of a plan to cut poisonous air emissions there. The Globe's Peter
Kennedy writes that according to unnamed sources, California plans to
launch a two-year pilot test of Ballard's fuel cell technology that will at
first involve 10 cars and five buses. Ballard, Ford Motor Co.,
Daimler-Chrysler AG, California and at least two oil industry giants plan a
splashy news conference in Sacramento to herald the deal. The amount of
money involved is unclear, but the deal appears to represent an endorsement
by California of Ballard's fuel cells and begins a real-world test of
technology that the company hopes will challenge the internal combustion
engine during the next decade.
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com
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