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Technology Stocks : Ballard Power -world leader zero-emission PEM fuel cells
BLDP 2.780+3.3%Nov 26 3:59 PM EST
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To: HarveyO who wrote (2392)4/20/1998 3:02:00 PM
From: HarveyO  Read Replies (2) of 5827
 
Ballard Power - 1998 OBJECTIVES

Technology
1. Complete implementation of pilot scale manufacturing processes implementing low cost components.
2. Complete design of commercial fuel cells to meet performance and cost requirements for automotive, stationary and portable applications.
3. Secure relationships with suppliers of key fuel cell components: membrane, catalysts, and flow field plates.

Stationary Power Plants
1. Complete testing of alpha 250 kW power plant.
2. Complete design of beta 250 kW power plant for field trials.
3. Secure orders and commence building beta stationary power plants for field trials.
4. Secure additional partner for Ballard Generation Systems.

Transportation Engines
1. Complete formation of new alliance integrating Ford into the existing relationship with Daimler-Benz.
2. Secure orders for next generation heavy duty-engines.
3. Demonstrate next generation fuel cell automobile engine with partners.

Other Applications
1. Secure partners for commercializing portable fuel cell products.
2. Secure orders for fuel cells for portable power products.

Once again, the annual report is a comprehensive, high quality presentation of the Ballard success story, not to mention the fact that, for the first time, the Company has turned a profit.

HarveyO
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