DCHT had news early this am>B: PemFuelCells.com is Launched by CoPower.com to Market Hydrogen Powered Fuel
Cells
PALM BEACH, Fla., Jan 10, 2000 (BUSINESS WIRE) -- CoPower.com, an
Internet based marketer of hydrogen energy technology has unveiled it's
latest web address, pemfuelcells.com to market hydrogen fuel
cells manufactured by DCH Technology, Inc. (OTCBB:DCHT).
"We created PEMfuelcells.com, to make it easy for the people in both
industry and government who are surfing the Internet for information on
fuel cells to easily find DCH Technology and their distinct line of
fuel cell product families," stated Steven Oshinsky, the creator of
CoPower.com.
DCHT's circular fuel cell is unique in its design and looks similar to
a large battery. It is a smaller, simpler class of fuel cell, which
relies on ambient air pressure for oxygen and its own water generation
to humidify the membranes. This completely eliminates the need for the
pumps, fans and blowers that other types of fuel cells require, which
increase both production costs and failure rates. Simplicity and
reliability are key features at DCHT.
DCHT's fuel cells range in size from as small as "D" sized batteries to
as large as 3kW, or about enough to power a mobile home. They are
specifically designed to provide "portable" and/or "backup" electric
power and are the ideal size for powering remote locations which
represents a niche market with a current and significant demand, and
for emergency situations such as hurricanes, floods and other natural
disasters. "We envision the day when the pollution and noise from small
two stroke engines and gasoline and diesel powered generators are
replaced with non-polluting and highly efficient fuel cell devices."
Sample applications for the small PEM's include most consumer
electronics, battery chargers, refrigeration, lighting, mobile
computing and remote telecommunications. Larger applications will
include scooters and motorbikes, marine vessels and navigation, and
eventually anyone seeking "reliable" and "un-interruptable" sources of
portable electricity.
With industry giant Plug Power (Nasdaq:PLUG) targeting affordable fuel
cell power for homes and small businesses, we believe that hydrogen
powered fuel cells will be implemented into the mainstream economy far
sooner than is currently predicted. The Plug Power residential unit is
being marketed by General Electric, (NYSE:GE), and Detroit Edison,
(NYSE:DTE), who jointly own majority positions in Plug Power along with
First Albany Corp., (Nasdaq:FACT), and Mechanical Technology,
(Nasdaq:MKTY).
Hydrogen Energy is currently one of the fastest growing industries
globally; growing at an average annual rate in the US alone at over
30%. Hydrogen Energy is projected to grow into the trillions over the
next decade. The Oil and Auto industries are now together on this issue
and have taken the lead role announcing in December 1999, that a
dedicated hydrogen filling station and fuel-cell vehicle test center
will open in California by the autumn of 2000. Shell Hydrogen (NYSE:RD)
will jointly fund the fueling facility, along with Arco (Atlantic
Richfield Co) (NYSE:ARC) and Texaco Inc. (NYSE:TX). The station will
dispense liquid and compressed hydrogen fuel for 16 fuel-cell powered
passenger vehicles. Automobile companies involved in the venture
include DaimlerChrysler AG (NYSE:DCX), Ford Motor Co (NYSE:F), Honda
Motor Co Ltd and Volkswagen AG (VOWG.F) and each will have garage bays
at the center for servicing, repairs and diagnostics. Automotive Fuel
Cell giant Ballard Power Systems, (Nasdaq:BLDP), (TSE:BLD) is providing
the fuel cell system. Further details of the operation are available on
the World Wide Web, at: drivingthefuture.org
The global shift to the use of Hydrogen as a fuel is already under way.
With the automobile and oil companies now solidly behind this "once in
a millennium" event, the requirements for power at different levels
will be met by several different companies. With Ballard focussing on
PEM units for stationery power plants and transportation applications;
and Plug Power focussing on homes and small businesses, we expect DCH
Technology to be the leader in the "portable power" application.
"Portable Power is a market with an appreciable demand today, and an
unlimited demand in the not too distant future. PEMfuelcells.com will
play an integral and strategic role in our overall long term marketing
strategy."
CoPower.com is an Internet based marketing service for renewable and
hydrogen energy technology. Currently featured are PEM Fuel Cells,
Hydrogen Sensors and Gas Leak detection systems manufactured by DCH
Technology, Inc. of Valencia, Calif., and Wearable Computers from
Xybernaut Corporation, (Nasdaq:XYBR) of Fairfax, Va. For information on
hydrogen sensors and fuel cells, or to recommend a new technology or
product for showcasing on CoPower.com contact:
Steven Oshinsky, GM copower.com 561-338-3390 or email Steve
at SteveO@CoPower.com
DCHT on the World Wide Web dcht.com Investor Relations
661-775-8120 ext. 11
An affiliate of CoPower.com has received compensation for services on
behalf of DCHT. Additional information is available at
ramcapitalmanagement.com
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