here's one for ya, DCHT, Fuel cells,
DCH TECHNOLOGY, INC. OTC-BB: DCHT July 23, 1999
27811 Avenue Hopkins #6 Valencia CA 91355
Shares Outstanding: 12.5 million
Float: Approx. 4 million
Web dcht.com
DCHT has no outside debt
HYDROGEN SENSORS - FUEL CELLS - GAS DETECTORS & MONITORS
DCH Technology, Inc. is a manufacturer of hydrogen sensors, gas detectors and process monitors; the technology licensed from the Sandia National Laboratory, and PEM Fuel Cells; also licensed from the US Department of Energy's Lab at Los Alamos.
The current market for gas sensors is estimated at US$2 billion today, and growing. dch-technology.com
DCH has projected $105 million in revenue and $26 million in net profit, spread over the next 5 years from sales of the Robust Hydrogen Sensor. This forecast does not factor in revenue from their fuel cell division, which may dwarf the sensor business. dch-technology.com
Current customers for the Robust Hydrogen Sensor include NASA, General Dynamics, General Electric, Ford, Westinghouse, Allied Signal, General Motors, Lockheed Martin, The US Naval Medical Research Institute, Phoenix Gas Systems, and many others.
dch-technology.com
DCH has been quietly preparing to provide the safety systems for the emerging hydrogen energy industry. US hydrogen sales have grown at an average annual rate of more than 25% per year during 1993-1997, including 7 new plants to serve gasoline refineries.
Hydrogen becomes explosive when it reaches just 4% concentration in air; therefore monitoring and measuring the fluctuating levels, in order to activate safety controls to avoid explosions and loss of life.
Only the DCH sensor is equipped to monitor variations in levels of hydrogen in extreme industrial environments, to signal the increasing danger and the need for maintenance. dch-technology.com
Westinghouse is using DCH sensors in nuclear safety projects. Their first project was the retrofitting of the Leningrad nuclear reactor, with DCH Robust Hydrogen sensors. dch-technology.com
DCH anticipates significant revenue from the power transformer and semiconductor industries, and has taken the first steps towards penetrating those highly lucrative markets. dch-technology.com
DCH also anticipates significant revenue from the $ 5 Billion annual highway infrastructure and bridge repair industry, and has taken the first steps towards penetrating those markets. dch-technology.com
Daimler Chrysler has said that their electric powered fuel cell cars will be ready for testing in California by 2001. Every one of those cars will need several reliable sensors.
DCH believes that their sensor technology will play a vital role in the development of these fuel cell powered cars. In a May 19, 1998 press release, David Haberman, DCH Chairman and VP of technology and planning stated,
" Based on our discussions with Ford and General Motors, we believe that
the use of DCH equipment in the production of these vehicles, on-board
these vehicles and in the refueling infrastructure will be specified by both
OEMs and the evolving regulations." dch-technology.com
HYDROGEN-POWERED FUEL CELLS
DCH is teamed with the US Dept. of Energy's Los Alamos National Lab developing the PEM Fuel Cell.
DCH is also developing smaller fuel cells to power scooters, motorbikes, and rechargeable batteries.
LATEST SIGNIFICANT DEVELOPMENTS
July 19, 1999 Northwest Power Systems, a division of IdaCorp, (NYSE: IDA) announced the purchase of a 3 kilowatt fuel cell system from DCH.
dch-technology.com
May 20, 1999 DCH Technology Inc. Retains Broker Relations Firm. biz.yahoo.com
May 12, 1999 U.S. Rep. Howard P. "Buck" McKeon, ( CA) announced that DCHT was chosen by the Department of Energy's Hydrogen Program to manage a team of 22 organizations which includes Allied Signal, Pacific Marine, Hydrogen Burner, CryoFuel Systems and the American Bureau of Shipping.
the-signal.com
May 6, 1999 DCH Doubles Its Hydrogen Sensor Manufacturing Capacity.
dch-technology.com
April 27, 1999 DCH expands its Fuel cell operation.
dch-technology.com
April 8, 1999 DCH successfully demonstrated their PEM Hydrogen Fuel Cell.
dch-technology.com
Mar. 25, 1999 DCH forms Strategic Alliance with Xybernaut Corporation. ramcapitalmanagement.com
Mar. 15, 1999 DCH unveils its first Carbon Monoxide gas monitor with Embedded Artificial Intelligence. biz.yahoo.com
Mar. 4, 1999 DCH and Allied Signal announced a multi year strategic alliance to integrate DCH sensors into AlliedSignal products for hydrogen energy and other systems. dch-technology.com
Feb. 17, 1999 DCH Sensors have been selected by Antaeus Corporation for use in its "smart'' bridge monitoring system. dch-technology.com
Feb. 11, 1999 DCH and Freewing Aerial Robotics Corp., have begun a development program to integrate Hydrogen PEM Fuel Cells into the Freewing Tilt-Body Unmanned Aeronautical Vehicle (UAV). sdcd.gsfc.nasa.gov
Nov. 18, 1998, DCH Chairman Dave Haberman is appointed to the Hydrogen Technical Advisory Panel (HTAP) to the U.S. Congress, by Dept. of Energy Secretary Bill Richardson. eren.doe.gov
DCH Chairman Dave Haberman is the 1999 President of the California Hydrogen Business Council. http:www.ch2bc.org
The DCH Technology story has not yet come to the attention of the investment and analyst community, and is still virtually unknown.
DCH has an experienced management team, with careers stemming from RCA Aerospace, Rockwell, Los Alamos National Laboratory, Aeronautics Corp. of America, General Instruments and Motorola, etc.
DCH is projecting $ 105 Million in Revenue and $ 26 Million in Net Profit from sales of only one of their products, the Robust Hydrogen Sensor, over the next 5 years. This forecast does not include fuel cell sales.
RAM Capital Management has received $ 5,000 in Dec. 1998,
and 100,000 shares on Feb. 7, 1999 for services.
ramcapitalmanagement.com
copower.com
ch2bc.org
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