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Microcap & Penny Stocks : Emerging Company Report TV Program

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To: dbmedia who started this subject10/2/2000 12:50:17 PM
From: dbmedia  Read Replies (1) of 526
 
Rhombic Announces Progress In Diamond Electrode Research For
Fuel Cells

PHOENIX--(BUSINESS WIRE)--Oct. 2, 2000--The management of Rhombic Corporation is currently conducting a thorough investigation of its technologies. It
believes that its Diamond Electrode technology can be advanced to a demonstrator phase within eighteen months after receiving the funding for the project. It would
ultimately be used as a potential value added step in the production of fuel cells.

Fuel cell electrodes are one of the weak links in current fuel cell systems. They are susceptible to erosion due to oxidation and reduction. The University of Missouri
has advised that the Rhombic conductive diamond film is highly resistant to chemical attacks and can be further used to add impurities to porous conductive diamond
films, including the catalyst.

Research to date has involved building a reactor for the doping of diamond films with boron. This research has confirmed that the material is very stable to temperature
and chemicals and that sulfur doped diamond is a very good material for diamond electrodes demonstrating most of the properties that a diamond electrode requires.

Rhombic and the University of Missouri are not aware of any competitors for developing such a fuel cell electrode. Major automobile manufacturers such as
Daimler-Chrysler, Ford, GM and Honda have invested heavily in the development of a fuel cell power plant as a replacement for the internal combustion engine.
Additional markets for fuel cells could be used for compact electrical power generators. Rhombic believes that the entire fuel cell market is expected to be in the billions
during the next decade.

Rhombic trades on the Frankfurt Stock Exchange and the Hamburg Stock Exchange under the symbol ``919335'' and on the OTC Bulletin Board under the symbol
``NUKE''.

Statements in this news release looking forward in time involve risks and uncertainties, and actual results may be materially different. Factors that could cause actual
results to differ include activity levels in the securities markets and other risk factors.
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