Subj: Press Release
Date: 3/4/99 10:43:49 AM Pacific Standard Time
From: dchinc@dch-technology.com (David Walker)
To: MrOshinsky@aol.com
March 4, 1999
AlliedSignal and DCH Technology Sign Multi-Year Strategic Alliance
VALENCIA, California (March 4, 1999) - DCH Technology, Inc. (OTC BB:DCHT)
and AlliedSignal (NYSE:ALD) have completed a multi-year Strategic Alliance
Agreement in the areas of gas sensors, control electronics and hydrogen
energy technologies. AlliedSignal will be developing aerospace systems which
integrate DCH technology for missions ranging from active corrosion control
and nuclear safety to the development and integration of hydrogen powered
vessels. Joint business development activities are underway.
The DCH Robust Hydrogen Sensor is an Application Specific Integrated Circuit
(ASIC) technology that directly combines gas sensors with Complementary
Metal Oxide Semiconductor (CMOS) signal logic is fabricated at the
Microelectronics and Technology Center of AlliedSignal.
This is a breakthrough in real-time gas measurement permitting the direct interface with computers to provide responsive protection to equipment which use
Gallium Arsenside devices such as radars.
Hydrogen is an indicator of biological activity and this sensor may be
configured into probes for NASA. NASA is the largest user of hydrogen as a
fuel, however with the advent of fuel cells and microtubines the requirement
for high reliability hydrogen sensors embedded in various power systems is
projected to increase steadily.
DCH Technology is a hydrogen technology development and manufacturing firm
specializing in patented and proprietary gas sensor and safety products that
are sold to industrial and government customers worldwide. DCH's core
technologies include the Robust Hydrogen Sensor, the Universal Gas Sensor
and the Hydrogen PEM Fuel Cell. DCH safety detection and process monitoring
technologies are currently being used by NASA, Westinghouse, Northrop,
General Electric, General Motors, Ford and many other large multi-national
companies. The worldwide market for gas sensors is currently estimated at
$1billion and rapidly growing. DCH is developing and manufacturing Hydrogen
PEM Fuel Cells, in cooperation with Los Alamos National Laboratory at its
new facility in Wisconsin.
Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995: Statements in this news release looking forward in time involve risks
and uncertainties, and actual results may be materially different. Factors
that could cause actual results to differ include activity levels in the
securities markets and other risk factors, such as customer order rates,
cancellations, late delivery of customer components, production delays,
dependence upon certain customers, dependence upon key executives, viability
of quarterly results, single operating facility, competition, product
liability risk, control by management, foreign currency fluctuation, and
other risks detailed in applicable SEC filings.
For More Information Please Contact: DCHTINVEST@aol.com or call (805)
775-8120, ext. 11. Also see the DCH Website at dcht.com
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