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To: besttrader who wrote (28185)6/15/2001 2:21:11 PM
From: wgh613  Respond to of 37746
 
HYGS,

Hydrogenics Strengthens Executive Team
TORONTO, Jun 15, 2001 /PRNewswire via COMTEX/ -- Hydrogenics Corporation (Nasdaq: HYGS chart, msgs; TSE: HYG chart, msgs), a designer and manufacturer of proton exchange membrane (PEM) fuel cell systems, today announced a series of executive appointments. Pierre Rivard, President and CEO of Hydrogenics, and the Company's Board of Directors announced that the Company has created a new office of Vice President, Corporate Development, and that Hydrogenics' current Vice President, Finance, Robert Edwards will fill the newly-created position. Jim Collins will succeed Robert Edwards as Vice President, Finance and Administration. Prior to his promotion, Jim Collins fulfilled the duties of Director of Finance & Administration at Hydrogenics.

"As the company continues to grow and consistent with our business plan, this action is designed to accelerate our development of alliances and collaborative business arrangements," said Pierre Rivard.

In a second initiative, consistent with the company's size, complexity and rate of growth as a publicly traded entity, Hydrogenics is initiating an executive search for a Chief Financial Officer. "Together with the Board of Directors, we are looking to complement our existing management team and to ensure we have the experience and bench strength to match our business growth trajectory," said Pierre Rivard.

ABOUT HYDROGENICS

Hydrogenics Corporation (http://www.hydrogenics.com) is a fuel cell technology company focused on the commercialization of proton exchange membrane ("PEM") fuel cells for clean power generation. Hydrogenics develops and manufactures fully integrated PEM fuel cell test systems, including related peripheral products and associated diagnostic and control equipment. The knowledge and expertise that Hydrogenics has acquired from the development and manufacture of its fully automated test and control systems is being actively applied to the development of fuel cell power generation products with broad commercial applications. Hydrogenics' strategy is to exploit energy markets across the transportation, stationary and portable spectrum. Hydrogenics' head office is located in Mississauga, Ontario, Canada.



To: besttrader who wrote (28185)6/15/2001 2:42:08 PM
From: cthd  Read Replies (1) | Respond to of 37746
 
Anyone have any thoughts on the close? Short covering in last hour or no?