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

To: John Curtis who wrote (2972)	7/31/1998 9:22:00 AM
From: Platter	Respond to of 5827

Excerpt.."Ballard Power Systems to Present at "New Millennium Stocks" Informed Investors Forum Aug. 8 in Seattle SEATTLE--(BUSINESS WIRE)--July 30, 1998--Ballad Power Systems (NASDAQ:BLDPF - news) has been added to the list of presenting companies at the Informed Investors' New Millennium Stocks Forum Saturday morning Aug. 8 in Seattle. The keynote speaker is Michael Adams, First Vice President/Investment Officer at Dain Rauscher in Seattle. His talk is titled ''How To Spot Winning Stocks Of The New Millennium.'' Ballard Power Systems of Vancouver, B.C. is an excellent example of a company could become be an ''800-pound Gorilla'' in the next century. It is the world leader in the development of proton exchange membrane fuel cell power systems. At the heart of its products is the Ballard Fuel Cell, a proprietary zero-emission engine that converts natural gas, methanol, gasoline, or hydrogen fuel into electricity without combustion. Ballard Fuel Cells are currently being used by leading international companies including Daimler-Benz (NYSE:DAI - news), Ford (NYSE:F - news), General Motors (NYSE:GM - news), Chrysler (NYSE:C - news), Nissan (NASDAQ:NSANY - news), Hitachi (NYSE:HIT - news), Honda (NYSE:HMC - news), Mazda, Volkswagen, Volvo (NASDAQ:VOLVY - news), Matsushita Electric Works (NYSE:MC - news), GPU International (NYSE:GPU - news), ALSTOM, EBARA, and Cinergy (NYSE:CIN - news) to develop zero-emission engines for vehicles and clean stationary power plants. In April, Ballard completed alliance agreements with Daimler-Benz, and Ford. The goal of the alliance, toward which the partners have now invested more than $1 billion, is to become the world's leading producer of fuel cell powered electric drive-trains and power-train components for cars, buses, and trucks. The Chicago Transit Authority began testing three Ballard Fuel Cell buses on regular service routes during the second quarter. Three additional fuel cell buses were delivered to British Columbia Transit, which plans to place them in service in Vancouver this fall. These field trial buses continue to provide operating data for the final design of commercial units. In a recent release, Ballard said, ''It is a time of progressive change, of new opportunities and new challenges, as the company completes its key alliances and begins to become a commercial manufacturing enterprise evolving from a company primarily engaged in research and development ... the company is well positioned to capture the opportunities emerging from the increasing acceptance of fuel cells as the power source of the next millennium.'' ''We are delighted to have Ballard appearing at our Forum,'' said Steve Chanecka, president of Informed Investors, Inc., organizer of the event. ''Imagine having the chance to hear Bill Gates describe his vision for Microsoft (NASDAQ:MSFT - news), or Larry Ellison talk about what the business plan was for Oracle (NASDAQ:ORCL - news), when those companies were in their early years? Investors in Seattle, and those who order tapes, have that opportunity with Ballard, INTERLINQ and Wall Data. ''Go back 10-15 years and how many investors knew about Dell Computer (NASDAQ:DELL - news), Compaq Computer (NYSE:CPQ - news), Intel (NASDAQ:INTC - news) or Amgen (NASDAQ:AMGN - news)?'' Chanecka added. ''Not many I bet. This Forum is about how to spot those kinds of companies early in their growth stories.''