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Microcap & Penny Stocks : DCH Technologies (DCH) -- Ignore unavailable to you. Want to Upgrade?

To: Dan B. who wrote (2072)	10/18/1999 12:03:00 PM
From: Scoobah	Read Replies (1) \| Respond to of 2513

Monday October 18, 10:36 am Eastern Time Company Press Release SOURCE: DCH Technology DCH Technology Hires New VP/General Manager of Fuel Cells - Former Director Of Eaton Innovation Center is Latest to Join Team VALENCIA, Calif., Oct. 18 /PRNewswire/ -- DCH Technology; (OTC Bulletin Board: DCHT - news; dcht.com) announced today that Stephanie L. Hoffman is the new Vice President and General Manager of Fuel Cell Operations. DCHT is a growing, diversified hydrogen technology firm serving critical applications, including safety and power. Ms. Hoffman comes to DCHT from Eaton Corporation where she was the Director of Strategic Technology Planning and the Business Technology Manager, Cutler-Hammer Products and Services. She is a proven leader of technical innovation teams and experienced in fuel cell business planning. ``Ms. Hoffman has unique insight from both a technical and business perspective,' said David Haberman, DCH Technology's Chairman. ``Stephanie's experience in managing advanced product portfolios and conducting in-depth opportunity assessments of new products will prove invaluable as we continue to expand our fuel cell business.' ``DCHT impressed me with their product orientation, the emphasis on reliability and simplicity of design is distinct,' said Hoffman. ``DCHT is well positioned for exceptional growth through its initial portable power focus which addresses current niche markets. Portable power spans a range of uses from batteries and battery chargers to small generators and dedicated backup power equipment.' The fuel cell business sector is expected to grow to over $2 billion annually. Ms. Hoffman's work at Eaton prepared her to further develop DCH's fuel cell business, as well as manage a large scale manufacturing operation, a goal of the DCHT strategic plan. Founded in 1995, DCH Technology focuses on the development and manufacturing of hydrogen enabling technologies, including the Robust Hydrogen Sensor and the PEM Hydrogen Fuel Cell. DCH Technology has its headquarters and sensor facilities in Valencia, CA, fuel cell facilities in Madison, WI and a communications office in Washington, DC, and is currently the one of the few public companies dedicated to a hydrogen energy future. 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, dependencies 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 the Company's applicable SEC filings. SOURCE: DCH Technology