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Technology Stocks : Ballard Power -world leader zero-emission PEM fuel cells
BLDP 3.500-1.4%Nov 7 9:30 AM EST

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To: Jim who wrote (5399)3/21/2001 5:12:15 PM
From: Jim   of 5827
 
Excellsis has opened their new plant in Poway,CA. Xcellis (US), it is a partnership with Ford and Ballard Power and one of three plants to build fuel cell engines.
NEWS RELEASE XCELLSIS | USA
XCELLSIS Corp. | 14145-B Danielson St. | Poway CA 92064 USA
Phone: 858.679.3270 | Fax: 858.679.3283

I posted this on the YAHOO board, but there was no response. Perhaps my thinking that this is great news is over exuberance, but thought I would try it on this board.

For Immediate Release
Date March 21, 2001

XCELLSIS Corporation Triples in Size with Addition of New Manufacturing Facility;
Fuel Cell Engine Demand on the Rise

San Diego, CA – February 2, 2001 – To accommodate growing demand and prepare for low volume production/assembly of fuel cell engines for Ford and DaimlerChrysler, XCELLSIS|San Diego has added a new 52,000 square foot headquarters and manufacturing facility.

“The addition of this new facility represents a significant first step in moving the company from custom manufacturing to limited serial production,” said Rick Cooper, CEO of XCELLSIS Corporation. “Our customers have committed to begin limited commercial production of fuel cell vehicles in 2004 and we plan to have the fuel cell engine technology ready to help our customers meet these goals.”

The two-story facility, located approximately one mile east of the company’s existing facilities, features 20,000 square feet of office space – which houses the administrative, design engineering, and manufacturing departments – and a 30,000 square foot manufacturing/assembly area. With the addition of the new building, XCELLSIS Corporation has tripled the size of its facilities and will ultimately have the capacity to assemble and test as many as 50 engines per month.

On hand to celebrate the opening of its new headquarters were more than 200 guests, including Dr. Alan Lloyd, Chairman, California Air Resources Board; John Wallace, Executive Director, TH!NK Group, Ford Motor Company; and Dr. Christian Mohrdieck, Senior Manager, Fuel Cell Vehicle Programs, DaimlerChrysler. The event featured three XCELLSIS-powered fuel cell vehicles: the Jeep Commander 2, a methanol-fueled hybrid fuel cell SUV; the Ford P2000, a hydrogen-fueled fuel cell passenger car; and the DaimlerChrysler Necar 4A, a hydrogen-fueled fuel cell passenger car.

“With the ever increasing number of cars and the public’s desire for a cleaner environment, the interest in fuel cell vehicles continues to grow. Automakers are keenly aware of the need for cleaner, more efficient vehicles and are investing significant resources in fuel cell vehicle development,” said Rick Cooper.
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