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Technology Stocks : Ballard Power -world leader zero-emission PEM fuel cells -- Ignore unavailable to you. Want to Upgrade?

To: Fisherman1 who wrote (4543)	11/22/1999 9:22:00 AM
From: HarveyO	Respond to of 5827

(BLD.) Ballard Receives $1.3 Million Order for Automotive Fuel Cells VANCOUVER, British Columbia, Nov 22, 1999 (BUSINESS WIRE) -- Ballard Power Systems (Nasdaq:BLDP)(TSE:BLD.) announced today that it has received a $1.3-million (US$864,000) order from its affiliate dbb fuel cell engines inc. (dbb) for Ballard(R) fuel cell stacks. The stacks will be integrated into fuel cell engines to be supplied by dbb for delivery to an automotive company. dbb is an alliance company, owned by DaimlerChrysler, Ford and Ballard, and is responsible for developing and manufacturing fuel cell systems incorporating the Ballard fuel cell stacks. "Over the past 12 months we have seen increasing activity by automotive companies in developing fuel cell prototype vehicles and in laying the groundwork for their commercialization," said Ballard Chairman and Chief Executive Officer Firoz Rasul. "Ballard has, and will continue to, supply fuel cells to move these fuel cell vehicle plans forward."