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To: TokyoMex who wrote (4755)6/17/1998 3:02:00 PM
From: margaret foley  Read Replies (1) | Respond to of 8798
 
EFCX-News

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To: margaret foley (19 ) Wednesday, Jun 17 1998 2:20PM ET
From: Claude Edelson Reply # of 21

Dow Jones News Service via DowVision 06/17/1998 ]

JERUSALEM (Dow Jones)--Israel's Electric Fuel Ltd. (EFCX) and the
General Electric Co. (GE) will cooperate on the development of an
electric transit bus, a news release said Wednesday.

According to the release, the Israel-U.S. Binational Industrial
Research and Development Foundation (BIRD) will support the joint
project. BIRD didn't disclose the value of the investment, but the
foundation generally provides $500,000 to $1 million for approved
projects.

The two companies aim to develop an electric transit bus capable
of operating on urban routes for a complete eight to 10 hour
shift. Electric Fuel will provide the high energy battery to fuel
the bus, while General Electric will provide the electric drive
and energy management systems technology.

The project will be conducted both in Israel and the U.S., and
will last some 18 months, the release said.

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To: TokyoMex who wrote (4755)6/17/1998 3:16:00 PM
From: Heroic  Respond to of 8798
 
Joe, who gave it the upgrade? Added some more today, Thanks.



To: TokyoMex who wrote (4755)6/17/1998 3:31:00 PM
From: cool  Read Replies (2) | Respond to of 8798
 
Asian markets should all be up overnight---eom