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Technology Stocks : Ballard Power -world leader zero-emission PEM fuel cells
BLDP 3.345-5.8%1:20 PM EST

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To: CH4 who wrote (5431)4/26/2001 9:48:04 AM
From: Gilbert Drapeau  Read Replies (1) of 5827
 
Ballard Ships 250-kilowatt Stationary Fuel Cell Power
Generator

VANCOUVER, BRITISH COLUMBIA--APRIL 26, 2001 - 08:43 EDT
Ballard Power Systems announced today
that its subsidiary Ballard Generation Systems (BGS) shipped its
fifth 250-kilowatt stationary fuel cell power generator for field
testing through its associated company EBARA BALLARD to EBARA
Corporation for use at the Nishimachi Sewage Treatment Centre in
Tomakomai, Japan.

"This will be the first use of waste gas from an anaerobic
digestor as fuel in a proton exchange membrane (PEM) fuel cell
system," said Jim Kirsch, President of Ballard Generation Systems.
"Anaerobic digestor gas (ADG) contains methane that will be
processed using the reforming technology used in Ballard's natural
gas-fuelled 250-kilowatt field trial units."

BGS is preparing an additional four 250-kilowatt units for
shipment to customers' field trial locations in 2001 and early
2002.

EBARA BALLARD is a jointly held company of EBARA Corporation of
Japan and Ballard Generation Systems with a mandate to supply
Ballard Generation Systems fuel cell power generators
incorporating the BALLARD(R) fuel cell to customers in Japan.

EBARA Corporation is globally recognized as a major developer,
manufacturer and distributor of fluid machinery and systems,
precision machinery and environmental engineering systems and as a
leader in zero-emission energy technology.

Ballard Generation Systems was formed to commercialize PEM fuel
cell stationary power generators that use the BALLARD(R) fuel
cell. In addition to Ballard Power Systems, its shareholders
include GPU Inc. of New Jersey, ALSTOM France S.A., and EBARA
Corporation of Japan.

Ballard Power Systems is recognized as the world leader in
developing, manufacturing and marketing zero-emission proton
exchange membrane fuel cells for use in transportation,
electricity generation and portable power products. Ballard Power
Systems' proprietary fuel cell technology is enabling automobile,
electrical equipment and portable power product manufacturers to
develop environmentally clean products for sale. The fundamental
component of these end-user products is the BALLARD(R) fuel cell
that combines hydrogen (which can be obtained from methanol,
natural gas, petroleum or renewable sources) and oxygen (from air)
without combustion to generate electricity. Ballard is partnering
with strong, world-leading companies, including DaimlerChrysler,
Ford, GPU, ALSTOM and EBARA, to commercialize BALLARD(R) fuel
cells. Ballard has also supplied fuel cells to Honda, Nissan,
Volkswagen, Yamaha, Cinergy, Coleman Powermate and Matsushita
Electric Works, among others.

Ballard's Common shares are listed on The Toronto Stock Exchange
under the trading symbol "BLD" and on the Nasdaq National Market
System under the symbol "BLDP". Ballard and the Ballard logo are
registered trademarks of Ballard Power Systems Inc.
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