Ballard Power -world leader zero-emission PEM fuel cells Message Board

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Technology Stocks : Ballard Power -world leader zero-emission PEM fuel cells

BLDP 2.140

+5.4%

Feb 6 9:30 AM EST

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To: gg cox who wrote (4277)	7/6/1999 8:23:00 AM
From: HarveyO	Read Replies (1) of 5827

(BLD.) Ballard Receives Order from Yamaha for Fuel Cells VANCOUVER, British Columbia, Jul 6, 1999 (BUSINESS WIRE via COMTEX) -- Ballard Power (NASDAQ:BLDP) (TSE:BLD.) Ballard Power Systems announced today that it has secured a $365,000 contract (US$250,000) from Yamaha Motor Co., Ltd. of Shizuoka, Japan, to supply Ballard(R) fuel cells, related equipment and support services. Yamaha will use the Ballard fuel cells in their research and development program for evaluation and development of fuel cell powered products. "Yamaha is a world leading manufacturer of a diverse range of products for sport and leisure, business and manufacturing," said Firoz Rasul, Chairman and Chief Executive Officer of Ballard. "We are pleased to add Yamaha as a customer and expect this initial order will form the basis of a long term relationship."

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