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Microcap & Penny Stocks : BAAT - world records for electric vehicles with zinc-air -- Ignore unavailable to you. Want to Upgrade?

To: gtoland who wrote (1976)	2/18/1998 5:04:00 AM
From: Mad_Mouse	Read Replies (1) \| Respond to of 6464

I was asked to post the following: I was wondering if you could post this press release on SI and ask what the BAAT shareholders make of it. There has been some suspicion that all of the recent negative stories about BAAT have been carefully orchestrated to bring down the company and the stock...and I was wondering if they thought that this press release could be the reason why. Steven ---------------------------------------------- Tuesday February 17, 2:38 pm Eastern Time Company Press Release SOURCE: PECO Energy Company Fueling for Natural Gas Vehicles Now Available in King of Prussia, Pa.; Alternative Vehicle Market Gets Boost With PECO Energy's Ninth Station PHILADELPHIA, Feb. 17 /PRNewswire/ -- Looking to boost the alternative fueled vehicle market in the Greater Philadelphia region, PECO Energy Company (NYSE: PE - news) has opened its ninth public fueling station for natural gas vehicles (NGVs) in King of Prussia, easily accessible from the Pennsylvania Turnpike and regional highways. The station is located at Route 202 and Brandywine Avenue near the American Appliance store in King of Prussia, Montgomery County. The station is situated on property leased by the Pennsylvania Turnpike Commission and marks PECO Energy's first NGV fuel facility on non-utility property. PECO Energy also operates fueling stations for NGVs in Warminster, Bucks County; Plymouth and Ardmore, Montgomery County; Baldwin, and Morton in Delaware County; Berwyn, Coatesville and Phoenixville in Chester County. Two fueling stations in Philadelphia also are available, and PECO Energy plans additional NGV fueling stations later this year in Limerick, Montgomery County, and in lower Bucks County. PECO Energy also has worked with individual fleet vehicle owners to install fuel dispensers at their private sites, including the Willow Grove Naval Air Station, Lower Merion School District, and Brown Printing in Collegeville. The use of natural gas vehicles is consistent with federal government economic and environmental initiatives, increasingly supported with special vehicle offerings from the major automakers, including Ford, Chrysler, Chevrolet and GMC. Available vehicles can run on natural gas only, known as dedicated NGVs, or natural gas and gasoline, known as bi-fuel or flex-fuel NGVs. Natural gas is the fuel of choice for fleet operators and others considering alternative vehicles. NGVs run cleaner with substantially fewer emissions, cost less every time the vehicle is refueled, and the 130 octane fuel is much easier on the engine and other components. On a gallon equivalent basis, natural gas costs 15 to 40 percent less than traditional gasoline or diesel fuel. The King of Prussia station was built at a cost of $290,000, half of which was covered by a state grant and another 30 percent covered by a federal Department of Energy grant. The total cost also was reduced by about 25 percent from past station construction costs due to use of modular design and assembly, said Jim Pryor, PECO Energy NGV product manager. Other than PECO Energy's own fleet vehicles, the Company sold more than 125,000 equivalent gallons of natural gas for vehicles last year, Pryor said. At 8 a.m., on March 11, at the Valley Forge Hilton, Ford Motor Co. [NYSE:F - news] and PECO Energy will host an introductory seminar on NGVs, vehicle availability, operation and the economics, as well as clean air laws that advocate their use and provide grants, tax credits and other incentives. Local businesses and government officials responsible for vehicle fleets will be invited. The Upper Merion Police Department acquired five police cruisers and a van that run on natural gas and have been using them since last May fueling with a temporary dispenser at a local PECO Energy facility. The new unmanned King of Prussia station will be available to any vehicle operator registered with PECO Energy. Interested customers can contact their PECO Energy account representative. SOURCE: PECO Energy Company