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Gold/Mining/Energy : Global Thermoelectric - SOFC Fuel cells (GLE:TSE) -- Ignore unavailable to you. Want to Upgrade?


To: Vitalsigns who wrote (5437)2/19/2002 8:59:13 PM
From: Stephen O  Read Replies (1) | Respond to of 6016
 
This gives Jim Perry one more thing to talk about at the CIBC conference in Whistler this week. It is truly amazing that people are ignoring this stock. They have done everything that JP set out to do 2 years ago. I believe that Canadians don't believe that we can be the best in the world at something scientific and industrial. I suppose Nortel collapse has jaundiced them.



To: Vitalsigns who wrote (5437)2/20/2002 12:11:17 PM
From: StockPro  Read Replies (1) | Respond to of 6016
 
Still amazes me people are turning their nose at this stock.

The following could be one reason why .....

Hydrogenics wins European Commission fuel cell bid

Hydrogenics Corp HYG
Shares issued 36,011,780 Feb 19 close $10.68
Wed 20 Feb 2002 News Release
Mr. Pierre Rivard reports
HYDROGENICS SUCCESSFUL IN EUROPEAN COMMISSION BID FOR FUEL CE ...
The European Commission (EC), through the Institute for Energy of the Joint
Research Centre, has selected Hydrogenics's FCATS test systems for a new
fuel cell laboratory at Petten in the Netherlands. This test equipment will
be used to support institutional fuel cell research in addition to the
institute's activities related to the EC's forthcoming network on
standardization and testing of fuel cell systems. FCATS is Hydrogenics's
proprietary product line of automated, industrial systems for testing and
optimization of fuel cells and fuel cell stacks.
The European Commission contract was achieved through a competitive bid
process in which Hydrogenics's offerings were rigorously evaluated along
with several other test station providers, including European contenders.
The company's extensive experience, with over 100 delivered and
commissioned FCATS systems around the world, was a strong consideration.
The FCATS system being designed and built to meet the requirements of this
contract will have a power rating of up to 100 kilowatts. In addition, the
system will incorporate Hydrogenics's latest control and monitoring
software including a new graphical user interface and leading edge
networking and data analysis capabilities. With this contract, valued at
approximately $740,000 (U.S.), Hydrogenics expands its premier customer
base which includes General Motors Corporation, Nissan Motor Co., Ltd., 3M,
Johnson Matthey PLC, Hyundai and Delphi Automotive Systems.
"We are pleased that Hydrogenics's technology and capabilities have once
again been validated through a competitive selection process," said Pierre
Rivard, president and chief executive officer of Hydrogenics. "Our
commitment to strong after-sales service and consultation is recognized as
going well beyond the required delivery of highly engineered equipment and
this is reflected in our growing list of long-standing relationships.
Hydrogenics is developing a strategy for the European market and we see
this contract award as a positive indication that our activities will
continue to expand considerably in the region."
WARNING: The company relies upon litigation protection for
"forward-looking" statements.
(c) Copyright 2002 Canjex Publishing Ltd. stockwatch.com



To: Vitalsigns who wrote (5437)2/20/2002 1:50:40 PM
From: russet  Respond to of 6016
 
Fuel Cell signs BSE to promote FCT SOFC power systems

Fuel Cell Technologies Corp FCT
Shares issued 24,539,780 Feb 19 close $1.10
Wed 20 Feb 2002 News Release
Mr. Gary Allen reports
FUEL CELL TECHNOLOGIES LTD. ANNOUNCES DISTRIBUTION ...
Fuel Cell Technologies has signed a letter of understanding with Border
States Electric Supply (BSE) to promote and distribute the FCT
five-kilowatt SOFC power system to customers in 15 of the United States.
Under this arrangement, BSE will market, sell and distribute only FCT's
product line of one- to 50-kilowatt SOFC power systems. BSE wholesales
electrical equipment, generators, cable and electrical maintenance supplies
to electric cooperatives, utilities, municipalities, hospitals,
universities, developers and industrial companies. Included in this
broad-based territory are also many hundreds of thousands of residences and
small commercial outlets. BSE services much of the electric co-operative
network that supplies electricity to 11 per cent of United States consumers
in 83 per cent of the counties in the United States.
BSE will exhibit FCT's mockup of the FCT five-kilowatt SOFC power system at
the Third Annual Touchstone Energy New and Emerging Technologies
Conference, Feb. 20 through Feb. 22 in Tucson, Ariz. More than 500
delegates are expected to visit the conference. The conference is designed
to inform electric co-operatives, their key commercial and industrial
customers, and energy managers from leading companies, of the technologies
in the energy marketplace. BSE is well suited to market FCT's product in
this environment. The FCT five-kilowatt SOFC power system represented at
the Tucson conference will provide a mid-sized home with electricity, hot
water and space heat. "This week's conference in Tucson marks the start of
a very exciting working relationship between FCT and BSE that will advance
the commercialization of FCT's SOFC products," says Gary Allen, director of
sales for FCT.



To: Vitalsigns who wrote (5437)2/20/2002 5:17:20 PM
From: Supervalue  Respond to of 6016
 
LET them Digest and think, the overall fuel cell out look is not smooth right know.