MHTX Manhattan Scientifics Miniature Fuel Cell Achieves 6x the Energy Performance
of Lithium Ion Batteries Company's Tiny Fuel Cells Capable of Powering Cellular
Phones
LOS ALAMOS, N.M., Apr 17, 2002 /PRNewswire-FirstCall via COMTEX/ -- Manhattan
Scientifics, Inc. (MHTX) announced today that it has boosted the energy of its
MicroFuelCell(TM) by a factor of six to nine times beyond the capabilities of
current lithium ion batteries, with an estimated specific energy of
940watt*hr/kg. In addition, the MicroFuelCell(TM) power capability has been
developed to the point where it will support demanding electronics such as color
displays in cellular phones. In laboratories in Los Alamos, the company achieved
80 milliwatts/cm2.
The power and energy boosts were achieved using a sodium borohydride NaBH4
ampoule as a hydrogen producing fuel source. The company has filed two patents
covering its ampoule fueling system. The diffusion ampoules are a clean way to
power a MicroFuelCell(TM) without breaking seals and creating messy fluid
circulation.
Chief Fuel Cell Scientist Robert Hockaday said, "With our latest binary water
NaBH4 ampoule, we have demonstrated the practical aspects of a pressure-
regulating system. The latest ampoule was tested last week and completed three
stop-start cycles. Currently we are running the fuel cell with the
pressure-regulating ampoule and it is performing satisfactorily. The device and
pressure regulating system are covered in one of two pending Manhattan
Scientifics' patents using two component chemical hydride fuel and water ampoule
systems. By running the MicroFuelCell(TM) on hydrogen and air, we have achieved
80 milliwatts/cm2. With the MicroFuelCell(TM) running at an expected 0.6 volts
per cell, this translates roughly into 940Watt*hr/kg."
The company also said that it has been running an array of four fuel cells
powering a flashing light with an average power output of 0.7 milliwatts on a
diffusion ampoule of fuel since February 11. The flasher cell has run
continuously for over 60 days on a 12 ml ampoule of methanol-water. The company
feels this is important because it verifies the practical aspects of powering a
MicroFuelCell(TM) using an ampoule-based fueling system.
Marvin Maslow, CEO of Manhattan Scientifics, said, "We are very pleased with
this progress in enhancing the capabilities of our MicroFuelCell(TM). The
development of the ampoule fueling system is particularly important because it
brings us closer to the point where use of the MicroFuelCell(TM) technology
becomes practical and commercialization becomes a reality. Also, this
demonstrates a practical application of sodium borohydride as a safe, low
pressure source of hydrogen fuel in small portable electronics. The use of
sodium borohydride is for experimental purposes and in commercial applications
would likely require the participation of other parties."
Manhattan Scientifics, Inc. is a technology development company working in the
fields of alternative energy and fuel cells and on commercial applications for
touch technology. The company's development laboratories are located in Los
Alamos and Albuquerque, New Mexico and Passau, Germany. Its executive facility
is located in New York City. Copies of Manhattan Scientifics' press releases,
current quotes, stock charts and other information for investors may be found on
the websites www.mhtx.com and www.hawkassociates.com.
The foregoing press release contains forward-looking statements, including
statements regarding the company's expectation of its future business. These
forward-looking statements are based largely on the company's expectations and
are subject to a number of risks and uncertainties, certain of which are beyond
the company's control. Actual results could differ materially from these
forward-looking statements as a result of a variety of factors. These include
but are not limited to, successfully completing the research and development
with respect to the fuel cells and other technologies, successfully
commercializing the fuel cells for mass production, successfully protecting the
company's patents, and effective significant industry competition from various
entities whose capabilities far exceeds the company's. In light of these risks
and uncertainties there can be no assurances that the forward-looking statements
in this press release will in fact transpire or prove to be accurate.
Executive Contacts:
Marvin Maslow, CEO, Manhattan Scientifics (917) 923-3300.
Email: maslow@ix.netcom.com
Jack Harrod, COO, Manhattan Scientifics (214) 675-8033.
Email: harrod@airmail.net
Robert Hockaday, Chief Fuel Cell Scientist (505) 470-6094
Investor Relations Contact:
Frank Hawkins, (Hawk Associates) (305) 852-2383
Email: Info@hawkassociates.com
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SOURCE Manhattan Scientifics, Inc.
CONTACT: Frank Hawkins of Hawk Associates, +1-305-852-2383, or
Info@hawkassociates.com, for Manhattan Scientifics, Inc.
URL: mhtx.com
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