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Technology Stocks : Ballard Power -world leader zero-emission PEM fuel cells -- Ignore unavailable to you. Want to Upgrade?

To: David E. Smith who wrote (2604)	5/21/1998 5:03:00 PM
From: HiGuy	Respond to of 5827

OT Here's an article that may interest the fuel cell gang... This is concerning DCHT: Thursday May 21, 3:35 pm Eastern Time Company Press Release DCH To Commercialize Modular PEM Fuel Cell Developed By Los Alamos National Laboratory SHERMAN OAKS, Calif.--(BUSINESS WIRE)--May 21, 1998--DCH Technology, Inc. (DCH)(OTC:DCHT - news) is signing a Cooperative Research And Development Agreement (CRADA) with Los Alamos National Laboratory (LANL) to commercialize a patented Circular Fuel Cell Stack. This demonstrable fuel cell uses a proton exchange membrane (PEM) to convert hydrogen gas into electricity. Fuel cells are used to provide a versatile and reliable souce of electricity. DCH's fuel cell system is modular, scaleable and can deliver a peak power of 50 to 500 watts of renewable, clean power by utilizing circular fuel cell stacks. DCH will manufacture and distribute the modular fuel cell system to the following industries: aerospace, nuclear, communications, medical, personal transportation and residential power. Glenn Rambach, an internationally recognized fuel cell and energy system specialist, states ''it is highly significant to have a leading hydrogen technology company like DCH enter the fuel cell arena, which could have a combined market size of $3 billion within the next five years.'' Community Power Corporaton has already committed to purchase, deploy and logistically support the fuel cell system in emerging markets in Asia and Latin America DCH's proven sensing and feedback control technologies are incorporated into each stack to optimize performance and reliability., Dr. Mark Daugherty, DCH Chief Scientist, formally advanced systems project engineer at LANL, stated, ''compared to conventional fuel cells. DCH's modular fuel cell system provides lower cost, lower weight and less maintenance. In the near future, DCH fuel cell technology will be deployed on a worldwide basis.'' The industrial teammates working with DCH will be announced shortly. LANL, an expert in fuel cell development and applied chemistry, will be performing optimization analysis, modeling and testing in support of DCH's commercialization. DCH will be demonstrating the production configuration of this Modular Fuel Cell System at the internationally attended National Hydrogen Association (NHA) Tenth Annual Meeting in Alexandria, VA. DCH Technology is a technology development and manufacturing firm specializing in patented and proprietary gas sensor and safety products that are sold to industrial and government customers worldwide. DCH's core technologies include the Robust Hydrogen Sensor, the Thick Film Hydrogen Sensor, the Fiber Optic Sensor and the Universal Gas Sensor. The current market for gas sensors is $1 billion and is rapidly growing. DCH technologies are currently being used by NASA, Westinghouse, Northrop Grumman, and other large multi-national companies. For more information, consult the DCH Technology website at www.dch-technology.com. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1955: Statements in this news release looking forward in time involve risks and uncertainties, and actual results may be materially different. Factors that could cause actual results to differ include activity levels in the securities markets and other risk factors such as customer order rates, cancellations, late delivery of customer components, production delays, dependence upon certain customers, dependencies upon key executives, viability of quarterly results, single operating facility, competition, product liability risk, control by management, foreign currency fluctuation, and other risks detailed in the company's applicable SEC filings. -------------------------------------------------------------------------------- Contact: Global Consulting Group John Thompson, 310/859-9725