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


To: wpckr who wrote (3712)1/26/1999 1:02:00 PM
From: Hawkeye  Respond to of 5827
 
Tuesday January 26, 10:30 am Eastern Time

Company Press Release

SOURCE: Society of Automotive Engineers

Fuel Cell Vehicles Brew Coffee, Not
Pollution, Says Automotive Research
Scientist

WARRENDALE, Pa., Jan. 26 /PRNewswire/ -- On-board coffeemakers, 110/220- volt
plug-ins for power tools, programmable climate-control systems that eliminate entering hot cars
in summer and cold ones in winter...these are just a few features that car owners may one day
enjoy thanks to fuel cell technology.

Fuel cells, electrochemical devices that convert energy directly into electricity without
combustion, produce electricity, heat and water, but no pollution. Because a fuel cell car is an
electrical power generator, it provides a substantial amount of power at any time. The vehicles'
high power voltage allow designers to stretch their imaginations and offer unconventional options
such as coffeemakers.

Despite major investments by automakers in the new technology, questions remain.
Opportunities and challenges of fuel cells will be discussed in several presentations during the
1999 SAE International Congress & Exposition, March 1-4, Detroit, Michigan.

Ken Dircks of Ballard Automotive Inc. says that we stand at the threshold of a new era in
alternative propulsion. In SAE paper (1999-01-0534), ''Recent Advances in Fuel Cells for
Transportation Applications,'' he addresses recent developments by Ballard Power Systems and
discusses global alliances, formed to bring fuel cell vehicles to market by 2004.

Philip Pindo Mok, DaimlerChrysler, and Andre Martin, Ballard Automotive GmbH, are also
optimistic. In SAE paper (1999-01-0320), ''Automotive Fuel Cells: Clean Power for
Tomorrow's Vehicles,'' they say fuel cells offer an entirely new approach. They argue today's
fuel cell concept vehicles display comparable performance as conventional cars, but offer
environmental benefits not possible with internal combustion engines.

Industry experts such as Richard K. Stobart, Cambridge Consultants, have questions about the
new technology. In SAE paper (1999-01-0321), ''Fuel Cell Power for Passenger Cars: What
Barriers Remain?'' Stobart says that in spite of major investments in fuel cell technology,
questions remain. What will a fuel cell engine consist of? What will be the preferred fuel source,
and will it be readily available? Will consumers accept the vehicles?

The SAE Congress, the world's largest showcase of automotive engineering technologies. The
event, which runs March 1-4, features more than 1,100 exhibiting companies, including 90
percent of the world's top 25 suppliers.

For further information or to register for SAE Congress, call 1-877-SAE-CONG (723-2664);
outside U.S./Canada, 1-724-772-4027; or visit www.sae.org.