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

To: Scoobah who wrote (2142)	11/14/1999 11:48:00 AM
From: Scoobah	Respond to of 2513

Power Online piced up the $2.4 million order for DCHT, DCH Technology Nets $2.4 Million Fuel Cell Contract 11/11/99 DCH Technology (DCHT) has received a $2.4 million contract from a major fuel cell manufacturer, representing a significant market opportunity for the company?s fuel cell business. The manufacturer was not disclosed. "This contract represents a significant market opportunity for DCHT in fuel cells, whether they be used for industrial, residential, portable or other power requirements," said Dennis Reid, DCHT's Director of Sales. "In addition to this application, we currently have four automobile manufacturers testing our sensors for use as a hydrogen leak detector in their fuel cell vehicles." Utilities, car companies and government agencies are investing heavily in fuel cell technology and demonstrations to meet the demands for efficient, clean power around the world. This selection represents the creation of a de facto standard in the fuel cell industry to use DCHT's hydrogen sensors as the embedded safety device, Reid said. DCHT Chairman David Haberman announced the contract Wednesday, Nov. 10 at the Fall Equities Conference in New York City, where he was a guest speaker. Haberman also discussed some of the other accomplishments made by DCHT in the past year. These include quadrupling the number of employees, tripling the company's square footage and the sale of DCHT's first fuel cell systems. Edited by April C. Murelio editor@poweronline.com