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Strategies & Market Trends : 2002 Canadian Stock-Picking Challenge

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To: Ceedee who wrote (258)8/6/2002 1:02:29 PM
From: Al Collard  Read Replies (2) of 1590
 
HYG-t...in the news:

Hydrogenics installs HyUPS back-up fuel cell generator

Tue 6 Aug 2002

News Release

Mr. Pierre Rivard reports

HYDROGENICS ANNOUNCES SUCCESSFUL INSTALLATION OF HYUPS(TM) AT ...
Hydrogenics has successfully installed its HyUPS regenerative back-up fuel
cell power generator at a trial site provided by Nextel Communications in
Northern California. "We are very pleased with the progress of what we
believe is an industry first demonstration," said Pierre Rivard, president
and chief executive officer of Hydrogenics. "In preparation for the trial
of this alpha unit, Hydrogenics made great strides in understanding how to
design and operate a reliable, efficient fuel cell power generator." Now
that the unit has been installed at a commercial cell site, the next step
of the trial will simulate grid power failure conditions in order to test
the 25-kilowatt HyUPS system under a variety of operating conditions. The
trial is expected to last through to the end of the summer.
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