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Technology Stocks : Electric Fuel (efcx) Comments -- Ignore unavailable to you. Want to Upgrade?

To: gda who wrote (1)	2/18/1998 6:05:00 PM
From: Claude Edelson	Respond to of 121

< ------------------------------------------------------------------------ Wednesday February 11, 10:20 am Eastern Time Company Press Release SOURCE: Electric Fuel Corporation Electric Fuel EV Division Delivers Latest Battery Follow-On Order to Edison SpA NEW YORK, Feb. 11 /PRNewswire/ -- The Electric Vehicle Division of Electric Fuel Corporation (Nasdaq: EFCX - news) announced today that it is completing delivery of the latest follow-on battery order from its Italian partner, Edison SpA. The order includes six zinc-air battery packs and related equipment. Edison is currently operating an electric Fiat Ducato van and Seat Marbella subcompact for demonstration purposes, and will use the new batteries to enhance its marketing activities. ''The Electric Fuel zinc-air battery system is one of Italy's best hopes for solving the intensifying urban pollution crisis,'' says Claudio Serracane, Electric Power Sector, Research & Development Manager of Edison SpA. Edison, Italy's largest private energy producer, has licensed the Electric Fuel technology for Italy, France, Spain and Portugal, and has installed a battery refueling station and a pilot zinc anode regeneration plant at its facility in Trofarello, near Turin. Electric Fuel Corporation, with corporate offices in New York City and manufacturing and R&D facilities In Jerusalem, Israel and in Auburn, Alabama, is pioneering the use of zinc-air battery technology for electric vehicles, consumer electronic products, and industrial applications. NOTE: This press release contains forward-looking statements. There are certain important factors that could cause results to differ materially from those anticipated by the statements made above. Among, but not limited to these factors, include the completion of the Deutsche Post field test, the uncertainty of the electric vehicle market and significant future capital requirements.

To: gda who wrote (1)	3/3/1998 3:05:00 PM
From: Claude Edelson	Read Replies (1) \| Respond to of 121

Tuesday March 3, 12:49 pm Eastern Time Company Press Release SOURCE: Electric Fuel Corporation Electric Fuel Corporation Awarded Defense Contract NEW YORK, March 3 /PRNewswire/ -- Electric Fuel Corporation (Nasdaq: EFCX - news) announced today that it has been awarded a contract from Israel's Ministry of Defense to develop an advanced zinc-air battery for a propulsion system. The first phase of the contract runs through the end of 1998. The feasibility demonstration, pre-development contract will be overseen by the Company's new Defense and Safety Division and will include creating a prototype and demonstration project. The agreement marks the Company's third zinc-air defense contract since it began development of high-energy, high-power zinc-air products for defense applications. ''Once again we have the opportunity to demonstrate the versatility of our technology for practical, leading-edge applications,'' said Yehuda Harats, President and CEO of Electric Fuel. Last month, Electric Fuel announced the creation of three parallel business units, Electric Vehicle, Consumer Electronics, and Defense and Safety Products, to expand the applications of its zinc-air battery technology. Other projects underway within the Defense and Safety Products Division include a development contract with the U.S. Army's Communication-Electronics Command (CECOM) to develop an advanced portable zinc-air battery. The Company is also involved in a development program with STN Atlas Elektronic GmbH, a major German defense and marine industry contractor, for the development of a primary, high-power, zinc-oxygen battery for torpedoes. Electric Fuel Corporation, with corporate offices in New York City and manufacturing and R&D facilities in Jerusalem, Israel and in Auburn, Alabama, is pioneering the use of zinc-air battery technology for electric vehicle, consumer electronic products, and industrial applications. SOURCE: Electric Fuel Corporation ------------------------------------------------------------------------ More Quotes and News:Electric Fuel Corp (Nasdaq:EFCX - news)Related News Categories: aerospace/defense, computers, environmental ------------------------------------------------------------------------ Help ---------------------------------------------