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Gold/Mining/Energy : Global Thermoelectric - SOFC Fuel cells (GLE:TSE)

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To: Rampant who wrote (4697)2/9/2000 6:55:00 PM
From: CH4  Read Replies (1) of 6016
 
Full Steam Ahead ! Plug Power to Acquire Gastec Fuel Processor R&D, Will Open New Facility in The Netherlands

"This acquisition provides Plug Power with leadership capabilities in an important technology that will help us bring a fully INTEGRATED fuel cell system to market next year," said Gary Mittleman, Plug Power president and CEO.

"Gastec concentrates on certification, research and development, engineering, public information, consulting and training in the interest of the gas industry. Since 1939, Gastec has been working for manufacturers, energy companies and many other businesses at home and abroad needing gas technology support. Residential cogeneration systems and heat pumps are among Gastec's important spearheads.
Gastec has a dedicated staff of about 300 professionals located in several countries and headquartered in The Netherlands."

Sorry no link I copied from Bloomberg @ HOME. Something I noticed was, as the new releases updated reference to p.e.m. was dropped and the focus seemed to be on "integrated fuel cell systems". Global Thermoelectric won a Mechanical Engineering Award this year for INTEGRATED fuel cell systems.

GLE must be driving daytraders nuts.

More info about GLE and the Netherlands connection on S.H.

stockhouse.com
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