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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme

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To: TokyoMex who wrote (4755)	6/17/1998 3:02:00 PM
From: margaret foley	Read Replies (1) of 8798

EFCX-News SI Inbox (1) \| Bookmarks \| Hot \| New Options \| Folders People Subjects Profile Y2K Stocks - [New] Talk : Misc (Tech) : Electric Fuel (efcx) Comments \| Previous \| Next \| Respond \| Remove Navigation To: margaret foley (19 ) Wednesday, Jun 17 1998 2:20PM ET From: Claude Edelson Reply # of 21 Dow Jones News Service via DowVision 06/17/1998 ] JERUSALEM (Dow Jones)--Israel's Electric Fuel Ltd. (EFCX) and the General Electric Co. (GE) will cooperate on the development of an electric transit bus, a news release said Wednesday. According to the release, the Israel-U.S. Binational Industrial Research and Development Foundation (BIRD) will support the joint project. BIRD didn't disclose the value of the investment, but the foundation generally provides $500,000 to $1 million for approved projects. The two companies aim to develop an electric transit bus capable of operating on urban routes for a complete eight to 10 hour shift. Electric Fuel will provide the high energy battery to fuel the bus, while General Electric will provide the electric drive and energy management systems technology. The project will be conducted both in Israel and the U.S., and will last some 18 months, the release said. \| Previous \| Next \| Respond \| View reply to this message Quotes - 100-Day Chart - News - Discussion - Misc (Tech) View SubjectMarks Bookmark this Subject

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