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Gold/Mining/Energy : Hydrogenics

HYGS 15.00

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Sep 9 4:00 PM EDT

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To: Copperfield who started this subject	8/22/2001 11:57:26 AM
From: Copperfield	of 24

Hydrogenics Signs Distribution Agreement in Japan With Toyota Tsusho Corporation TORONTO, Aug. 22 /CNW/ -- Hydrogenics Corporation (Nasdaq: HYGS; TSE: HYG), a leading designer and manufacturer of proton exchange membrane (PEM) fuel cell systems, today announced that it has signed an exclusive distribution agreement with Toyota Tsusho Corporation (TTC) to market and sell Hydrogenics' FCATS(TM) products in the Japanese market. FCATS(TM) is Hydrogenics' proprietary product line of automated, industrial systems for testing and controlling fuel cells and fuel cell stacks. "We are very excited about our partnership with TTC," said Pierre Rivard, President and CEO of Hydrogenics. "TTC's substantial knowledge of the Japanese market, together with their position as a leading supplier of goods and services to a broad industrial customer base, can accelerate the sales of our FCATS(TM) products to companies leading the development of fuel cell technology in Japan. Our Tokyo branch office will play an important role supporting this new relationship by providing local technical service and demonstrations of our technology."

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