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Strategies & Market Trends : 2002 Canadian Stock-Picking Challenge -- Ignore unavailable to you. Want to Upgrade?

To: Ceedee who wrote (258)	1/31/2002 7:38:32 PM
From: Al Collard	Respond to of 1590

To the thread: Now that trades are allowed by entrants, the thread portfolio will have a few wrinkles in it. The % Gain/Loss column becomes meaningless. The column to follow for the Challenge leaders will be the Current Value column. Regards, Al

To: Ceedee who wrote (258)	2/20/2002 12:57:38 PM
From: Al Collard	Respond to of 1590

HYG-t...in the news: Hydrogenics Successful in European Commission Bid for Fuel Cell Test System newswire.ca

To: Ceedee who wrote (258)	3/7/2002 8:12:52 AM
From: Al Collard	Respond to of 1590

HYG-t...in the news: Hydrogenics Reports Full Year 2001 Results newswire.ca

To: Ceedee who wrote (258)	4/15/2002 9:06:58 AM
From: Al Collard	Respond to of 1590

HYG-t...in the news: Hydrogenics Launches New 2002 Generation of FCATS Test Systems newswire.ca

To: Ceedee who wrote (258)	4/17/2002 8:05:48 AM
From: Al Collard	Read Replies (1) \| Respond to of 1590

HYG-t...in the news: Hydrogenics Acquires EnKAT GmbH; Company Establishes German Presence and Bolsters Technical Capabilities newswire.ca

To: Ceedee who wrote (258)	5/22/2002 7:47:56 PM
From: Al Collard	Respond to of 1590

HYG-t...in the news: Hydrogenics Ranks Eighth in Profit100 Listing of Fastest Growing Canadian Companies newswire.ca

To: Ceedee who wrote (258)	8/1/2002 1:39:58 PM
From: Al Collard	Respond to of 1590

HYG-t...in the news: Hydrogenics, Dow to market automated sealing technology Thu 1 Aug 2002 Mr. Joe Cargnelli reports HYDROGENICS AND DOW CORNING CO-DEVELOP INNOVATIVE STACK SEALI ... Hydrogenics and Dow Corning, a leading developer and manufacturer of silicon-based materials, have signed an agreement to jointly commercialize an innovative manufacturing process that the two companies co-developed for sealing PEM fuel cell stacks, electrolyzers and membrane electrode assemblies (MEA). Fuel cell Seal-in-Place (FCSIP) technology is a robust and cost-effective automated sealing process that injects Dow Corning's proprietary silicone materials into an unsealed assembled stack. The development of this unique Seal-in-Place process capitalizes on the combined expertise of Hydrogenics and Dow Corning. Dow Corning brings extensive experience to the collaboration in the area of curable elastomeric seal materials and adhesive and process applications, while Hydrogenics contributes leading fuel cell design engineering and testing expertise. The Seal-in-Place process substantially reduces stack assembly time and labour costs by eliminating the need to individually seal each stack component. "This sealing technology represents a potential breakthrough in the advancement of fuel cell commercialization," commented Joe Cargnelli, vice-president, technology, and co-founder of Hydrogenics. "We believe this technology will allow stack and system developers to achieve important cost reductions in fuel cell production. We also expect that the adoption of Seal-in-Place technology will lead to continuing improvements in stack performance and manufacturing processes." "Dow Corning was delighted to contribute its world-leading materials and market expertise to the development of this promising new sealing technology," added Larry Frisch, leader of fuel cell development. "The field of fuel cell commercialization is particularly exciting in view of the tremendous global potential of this exciting new power technology. We are confident that Dow Corning will continue to play a vital role in the commercialization of fuel cell technology." About Dow Corning Dow Corning was established in 1943 specifically to explore the potential of silicones. It was created as a joint venture between Corning Glass Works (now Corning Incorporated) and the Dow Chemical Company, which continues to own equal shares today. Dow Corning pioneered the development of silicones for commercial applications. Silicones are a diverse family of materials that combine the temperature and chemical resistance of glass with the versatility of a broad range of polymers. They are used to enhance the performance of thousands of products in virtually every major industry. The company is headquartered in Midland, Mich., and employs more than 7,500 people globally at 40 manufacturing and service locations worldwide.

To: Ceedee who wrote (258)	8/6/2002 1:02:29 PM
From: Al Collard	Read Replies (2) \| Respond to of 1590

HYG-t...in the news: Hydrogenics installs HyUPS back-up fuel cell generator Tue 6 Aug 2002 News Release Mr. Pierre Rivard reports HYDROGENICS ANNOUNCES SUCCESSFUL INSTALLATION OF HYUPS(TM) AT ... Hydrogenics has successfully installed its HyUPS regenerative back-up fuel cell power generator at a trial site provided by Nextel Communications in Northern California. "We are very pleased with the progress of what we believe is an industry first demonstration," said Pierre Rivard, president and chief executive officer of Hydrogenics. "In preparation for the trial of this alpha unit, Hydrogenics made great strides in understanding how to design and operate a reliable, efficient fuel cell power generator." Now that the unit has been installed at a commercial cell site, the next step of the trial will simulate grid power failure conditions in order to test the 25-kilowatt HyUPS system under a variety of operating conditions. The trial is expected to last through to the end of the summer.

To: Ceedee who wrote (258)	9/13/2002 11:14:43 AM
From: Al Collard	Read Replies (1) \| Respond to of 1590

HYG-t...in the news: Hydrogenics FCATS system chosen by two institutions Fri 13 Sept 2002 News Release Mr. Gary Brandt reports HYDROGENICS MAKES INITIAL INROADS INTO CHINA FUEL CELL MARKET Two separate organizations in China have selected Hydrogenics' FCATS test systems to support their progressive fuel cell programs. These orders represent Hydrogenics' first business relationships in China. In addition, Hydrogenics announced a repeat order from a major Japanese automotive manufacturer. The total value of the three new Asia-Pacific orders totals approximately $1-million (U.S.). One of the new customers, the Dalian Institute of Chemical Physics (DICP), has been at the forefront of fuel cell research in China for many years, having many patents related to PEM (polymer-electrolyte membrane) technology. DICP is a primary shareholder of Dalian Sunrise Power Co. Ltd., which was established in 2001 to commercialize the institute's advanced fuel cell technologies. The other new customer is the Shanghai Institute of Organic Chemistry (SIOC, sioc.ac.cn, Chinese Academy of Sciences, a leading research institution in organic chemistry in China with significant contributions to the development of national science, economy and defence. As a leader in PEM research, SIOC has made prominent advances in partial fluorine PEM. SIOC is the primary shareholder of Shanghai TL Chemical Co. Ltd. (http://www.tlchemical.com/), which was established in 2002 to develop and commercialize PEM and MEA (membrane electrode assembly) technologies. "Asia continues to offer growing opportunities for Hydrogenics," said Pierre Rivard, president and chief executive officer. "In particular, we are excited to have taken our first step in establishing key client relationships in China. Research institutes in China are very closely affiliated with industry, much more so than in North America. Typically they provide the critical R&D and technological advancements for Chinese industry to commercialize. As such, sales to these two new customers represent an excellent opportunity for Hydrogenics to not only demonstrate its core fuel cell system competency, but also to establish a strategic presence in this promising region."

To: Ceedee who wrote (258)	9/17/2002 4:53:33 PM
From: Al Collard	Respond to of 1590

HYG-t...in the news: Hydrogenics HyUPS power generator passes the grade Tue 17 Sept 2002 News Release Mr. Gary Brandt reports HYDROGENICS COMPLETES SUCCESSFUL TEST OF FUEL CELL POWER SYST ... Hydrogenics has successfully completed the test of the HyUPS regenerative backup fuel cell power generator at a cellular tower site provided by Nextel Communications. Hydrogenics installed the prototype HyUPS power generator at the site in early July and subjected it to a rigorous test protocol over a two-month period. The unit was required to respond to simulated, as well as actual, power failures. The 25-kilowatt, trailer-mounted, regenerative unit was commissioned within the first day of deployment, and was operational from the first turning of the key. The test protocol was designed to compress the profile of a full year's intermittent outages into a two-month time period. During the test, the unit's performance not only met the high expectations of the company and the client, it also produced instantaneous power exceeding the quality characteristics of the local utility grid during each power outage. Unlike battery alternatives, the unit powered both DC and AC loads for the site's electronics and air conditioning. To test durability in the event of an extended outage, it operated continuously at full load for a period of four hours. Deployability, higher energy density, zero emissions and rapid rate of recharge proved to be the key advantages of the unit over incumbent lead-acid and diesel gen-set technologies. "We are very excited with the results of this field trial and about future plans for this product," said Pierre Rivard, president and chief executive officer. "This successful demonstration proves just how well the technology does work, and supports a strong value proposition for providing critical fuel cell backup power to cell tower sites." This collaboration between Hydrogenics and Nextel demonstrates the extensive portfolio of technologies available within the GM alliance partners. In addition to designing and building the fuel cell power module around the GM fuel cell stack, Hydrogenics was the system integrator, bringing together the technologies of other GM alliance partners, including Giner Electrochemical Systems and Quantum Technologies, for the purpose of this alpha-stage product demonstration. Hydrogenics and Nextel are analyzing the data and discussing the next steps in a fuel cell program.