Fuel Cells 2000's Fuel Cell Technology Update - November 2003

"Jennifer Gangi" <[email protected]> Fri, 31 Oct 2003 14:34:49 -0500
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Fuel Cells 2000's Fuel Cell Technology Update - November 2003

=20

For more information on the following stories, click on the provided link, =
contact Jennifer Gangi at [email protected] or call

(202) 785-4222, ext. 17.  To subscribe or unsubscribe to this listserve, se=
e the end of this message.

=20

If you are headed down to Miami for the Fuel Cell Seminar, stop by Booth 11=
6 to pick up some of Fuel Cells 2000's informational materials.  We will ha=
ve brand new "Fuel Cells in Transportation" brochures, updated Vehicle, Bus=
 and Hydrogen Fueling Station charts, and much, much more.

=20


TRANSPORTATION APPLICATIONS


=20

Four New Cars to be Introduced at the Tokyo Motor Show.

At the 37th Tokyo Motor Show, four new fuel cell concept cars will be intro=
duced.   Honda Kiwami, with a fuel cell system whose hydrogen storage tank =
is located in the center of the vehicle, enabling the body height to be low=
ered to 1.25 meters; the Nissan Effis, a city commuter car that combines Ni=
ssan's newly developed Super Motor and Compact Lithium-ion battery with a f=
uel cell stack; the Jeep Treo, a three-passenger fuel cell car which utiliz=
es drive-by-wire technology; and the Suzuki Mobile Terrace, a six-passenger=
 van which also uses drive-by-wire technology.

http://www.tokyo-motorshow.com/

=20

DaimlerChrysler to Provide F-Cell Cars to Tokyo Gas, Bridgestone.

DaimlerChrysler Japan Co., Ltd. will provide Tokyo Gas Co., Ltd. and Bridge=
stone Corp. each with one F-Cell car to use for 36 months (temporarily retu=
rned for two months each year).  A vehicle is scheduled to be delivered to =
Tokyo Gas in November.

http://www.tokyo-gas.co.jp/Press_e/20031016-1e.pdf

=20

Nuvera and FIAT Demonstrate Two Cars.

Nuvera Fuel Cells' automotive fuel cell stack technology was integrated int=
o 2 vehicles by Centro Ricerche Fiat (CRF) and demonstrated by FIAT Auto in=
 Milan, Italy.  The advanced concept cars included a prototype of the FIAT =
Seicento employing a 40-kW Nuvera fuel cell stack, as well as a prototype o=
f FIAT's next-generation fuel cell vehicle, the Panda Hydrogen, which featu=
red an advanced Nuvera Andromeda(tm) fuel cell stack concept.

http://www.nuvera.com/

=20

Hydrogenics to Develop Fuel Cell-Powered Forklifts.

Sustainable Development Technology Canada (SDTC) has approved Hydrogenics C=
orporation's proposal to lead a consortium of technology and end-user partn=
ers to     develop, demonstrate and pre-commercialize fuel cell-powered for=
klifts.  The project involves outfitting two Class-1 forklifts with 10-kW f=
uel cell propulsion systems and metal hydride hydrogen storage systems; dev=
eloping refueling capabilities; gathering market research; and demonstratin=
g the forklifts to industrial end users.  Consortium members include Deere =
& Company, FedEx Canada, General Motors of Canada, HERA Hydrogen Storage Sy=
stems, NACCO Materials Handling Group and the City of Toronto.

http://www.hydrogenics.com/ir/NewsReleaseDetail-1.asp?RELEASEID=3D120530

=20

Quantum Awarded Army Contract.

Quantum Fuel System Technologies Worldwide, Inc. has been awarded a contrac=
t by the U.S. Army TARDEC-NAC (National Automotive Center) to develop and d=
emonstrate a high performance, hydrogen fuel cell powered light-duty, speci=
al operations vehicle.   Quantum will develop a chassis and body, integrate=
 the fuel cell power module, design the electric drive system, design the h=
ydrogen fuel storage and delivery system, and develop the operational and m=
aintenance documentation.

http://www.qtww.com/press_releases/pr_oct_08_2003.shtml

=20

Fuel Cell Water Taxi Now Afloat.

A hydrogen-fueled public water taxi, powered by an Anuvu Power-X fuel cell/=
battery electric hybrid engine, was demonstrated for attendees at the World=
 Maritime Technology Exposition in San Francisco, California.  The 18-passe=
nger boat is funded by California's Center for the Commercial Deployment of=
 Transportation Technologies, with Seaworthy Systems, Duffy Electric Boat a=
nd Millennium Cell involved as project partners.

http://www.anuvu.com/bayboat.html

=20


STATIONARY POWER


=20

Honda Develops Home Energy Station.

Honda R&D Co., Ltd. has installed an experimental Home Energy Station (HES)=
 that generates hydrogen from natural gas for use in fuel cell vehicles whi=
le supplying electricity and hot water to the home.   The new HES system, j=
ointly developed with Plug Power Inc., is located on the grounds of Honda R=
&D America in Torrance, California, and will undergo experiments in hydroge=
n production, storage and fueling, as part of ongoing research into hydroge=
n energy sources.

http://biz.yahoo.com/prnews/031002/lath029_1.html

=20

FuelCell Energy Installs Fuel Cell at Sheraton, Caterpillar.=20

FuelCell Energy, Inc. and its U.S. distribution partner, PPL Energy Plus ha=
ve installed a Direct FuelCell=AE (DFC=AE) power plant at the Sheraton Pars=
ippany Hotel in Parsippany, New Jersey.  The DFC300A power plant provides a=
bout 25 percent of the hotel's electricity and hot water.   Caterpillar, In=
c. and FuelCell Energy, Inc. installed a 250-kW DFC300A power plant at the =
Caterpillar Technical Center near    Peoria, Illinois.   The power plant, w=
hich will be connected to the Peoria area energy grid, is expected to suppl=
y electricity to more than 250 average American homes.

http://biz.yahoo.com/prnews/031015/phw028_1.html

http://www.energy-markets.com/headlines/10-28-2003/0002046003.htm

=20

IdaTech Receives DOE Award.

IdaTech has been awarded a $9.6 million development program by the U.S. Dep=
artment of Energy (DOE) for the development of a 50-kW proton exchange memb=
rane (PEM) fuel cell system suitable for providing grid-independent energy =
sources for large facilities, such as hotel systems, office buildings, pris=
ons, and hospitals.  IdaTech's partners for the program include Hydrogenics=
 Corporation, Sempra Energy, Puget Sound Energy, Marriott International and=
 the California Hotel and Lodging Association.  Three 50-kW systems will be=
 field-tested, one each with Sempra Utilities, Puget Sound Energy and Marri=
ott International.

http://www.idatech.com/media/news.html?article=3D54

=20

Coalmine Fuel Cell Dedicated.

FuelCell Energy Inc. dedicated its Direct FuelCell=AE (DFC=AE) power plant,=
 operating on coalmine methane gas, at a ceremony at the AEP Ohio Coal LLC =
Rose Valley Site in Hopedale, Ohio. The purpose of the project, which is co=
-funded by the U.S. Department of Energy's National Energy Technology Labor=
atory, is to demonstrate the feasibility and advantages of methane from coa=
lmines to generate electricity cleanly and efficiently.=20=20

http://energyinfosource.com/dg/news.cfm?id=3D20341

=20

Marubeni Sites Fuel Cell in Japan.

The Marubeni Corporation and FuelCell Energy, Inc. have sited a Direct Fuel=
Cell=AE (DFC=AE) power plant at Japan Petroleum Exploration Co., Ltd. (JAPE=
X) facilities near Nagaoka City.  Marubeni will supply a 250-kilowatt DFC30=
0A power plant to JAPEX's Katakai natural gas gathering station located in =
the fourth quarter of 2003. The DFC unit will operate on the natural gas be=
ing produced from the field, and will provide electricity for JAPEX's natur=
al gas processing facilities on the site.

http://www.fce.com <http://www.fce.com/>=20

=20


PORTABLE/BACKUP POWER


=20

MTI and Harris Strengthen Agreement for Micro Fuel Cells for Military.

MTI MicroFuel Cells, Inc. and Harris Corporation have built upon an earlier=
 agreement and will advance the joint development of micro fuel cell system=
s for portable military communications equipment.  Under an agreement enter=
ed into in November 2002, MTI Micro developed direct methanol micro fuel ce=
ll (DMFC) system power-pack prototypes for use with Harris' tactical handhe=
ld radios. Under the new agreement, Harris will purchase next-generation DM=
FC system prototypes from MTI Micro.

http://www.mechtech.com/newsandevents/article.cfm?A_ID=3D14105

=20

MGE and Ballard Begin UPS Field Trials.

MGE UPS Systems, Inc. and Ballard Power Systems officially launched field t=
rials for MGE's Evolution Uninterruptible Power Supply (UPS) powered by Bal=
lard's Nexa=AE RM Series fuel cell modules.  The event included a series of=
 live demonstrations for reporters and customers in New York City beginning=
 with a simulated blackout on the 21st floor of a midtown high-rise.  Durin=
g the "blackout," the 3KVA Evolution UPS provided power to a rack of comput=
er networking equipment and a large plasma screen display while Ballard's A=
irGen(tm) portable fuel cell generator kept a small refrigerator, lighting =
and other small electronics operating for the duration of the hour-plus pre=
sentation.

http://biz.yahoo.com/bw/031014/145470_1.html

=20

FUELS/REFORMERS/STORAGE

=20

Canada to Join International Hydrogen Partnership.

The Department of Energy (DOE) and Natural Resources Canada (NRCan) issued =
a joint statement announcing Canada's intention to join the International P=
artnership for the Hydrogen Economy.  The International Partnership support=
s the deployment of hydrogen energy technologies, establishing collaborativ=
e efforts in hydrogen production, storage, transport, and end-use technolog=
ies; common codes and standards for hydrogen fuel utilization; and the shar=
ing of information necessary to develop hydrogen fueling infrastructure.=20

http://www.nrcan-rncan.gc.ca/media/newsreleases/2003/200383_e.htm

=20

Hydrogen Fueling Station Opens in Luxemburg.

The first hydrogen refueling station in Luxemburg recently opened at the ma=
in bus depot. The Shell Hydrogen station will supply fuel to three DaimlerC=
hrysler Citaro fuel cell buses as part of the Clean Urban Transport for Eur=
ope (CUTE) Project, a European Union initiative to demonstrate the feasibil=
ity of an innovative, highly energy efficient, clean urban public transport=
 system.=20

http://www.shell.com/home/Framework?siteId=3Dhydrogen-en

=20

QuestAir Installs HyQuestor System in Tokyo.

QuestAir Technologies, Inc. installed a HyQuestor hydrogen purification sys=
tem as part of the Senju Hydrogen Station located in Arakawa-ku, Tokyo.  In=
 the station, the HyQuestor system purifies hydrogen reformed from liquefie=
d petroleum gas (LPG).  The purified hydrogen will be used to fuel a number=
 of fuel cell vehicles participating in the Japan Hydrogen & Fuel Cell Demo=
nstration Project, including a Toyota FCHV fuel cell car operated by Tokyo =
Gas.

http://www.questairinc.com/investor_relations/press_releases/archived_relea=
ses/2003/10-17.htm

=20

Stuart Energy, Statkraft and EHN Join on Renewable Hydrogen.

Stuart Energy Systems Corporation, Statkraft SF and Corporaci=F3n Energ=EDa=
 Hidroel=E9ctrica de Navarra S.A. (EHN), have signed a joint cooperation ag=
reement to establish a framework to assess, demonstrate and develop advance=
d renewable energy based hydrogen production and distribution solutions.   =
Both Statkraft and EHN have each purchased a Stuart Energy HES hydrogen gen=
eration module and are actively evaluating sites to demonstrate transportat=
ion and power applications of wind generated hydrogen.

http://www.stuartenergy.com/media_center/press_releases/press_oct9.html

=20

Dynetek Delivers Storage System to Mitsubishi.

Dynetek Industries Ltd. has delivered an on-board hydrogen fuel storage sys=
tem to Mitsubishi Motor Corporation for use in its MITSUBISHI FCV test vehi=
cle.  Dynetek is providing the fuel storage solution using its certified 35=
0 bar (5000 psi) hydrogen fuel storage system. The storage system has been =
certified in Japan to Reijikiun Betlan-9 standard with approval by KHK and =
in Germany under TUV. The vehicle is on display at the head office of Mitsu=
bishi Motors Corporation.

http://www.dynetek.com/thankyou.html

=20

NHA and DOE Sponsor Hydrogen Design Contest.

The National Hydrogen Association (NHA) and the Department of Energy (DOE) =
announced the "1st Annual University Student Hydrogen Design Contest."=20
Teams of graduate and undergraduate students enrolled in North American col=
leges and universities during the 2003 to 2004 academic year are eligible t=
o compete in the contest.  Registration and design statements will be due b=
y December 15, with a final entry deadline set for March 1, 2004.=20=20=20
http://www.hydrogenconference.org/contest.asp

=20


FUEL CELL COMPONENTS


=20

GrafTech Awarded Two Cash Grants for Components.

GrafTech International Ltd.'s subsidiary, Advanced Energy Technology (AET),=
 was awarded two cash grants totaling $1.4 million from the State of Ohio t=
o support fuel cell development programs.  These awards are part of Ohio Go=
vernor Bob Taft's Third Frontier Program to foster the growth of fuel cell =
technology.  Approximately $800,000 will be used in a program to develop hi=
gh volume manufacturing processes for proton exchange membrane (PEM) fuel c=
ell flow field plates.  The second program, under which AET will receive ap=
proximately $600,000, will develop a rapid, cost effective fuel cell testin=
g system.  This program will be instrumental in accelerating improvements i=
n the design and affordability of fuel cell components.=20=20

http://www.graftech.com/GrafTech/News+Room/Press+Releases/default.htm

=20

IRTT Develops New Metal PEM Power Stack.

Farmingdale State University of New York's Institute for Research and Techn=
ology Transfer (IRTT) has developed new lightweight, low-cost, non-corrosiv=
e metal bipolar plates with excellent manufacturability and high electrical=
 and thermal conductivity.=20=20=20

=20


REPORTS/MARKET STUDIES


=20

Fuel Cell Investment Impacts Jobs.
Increasing fuel cell investment will not only impact energy security and ai=
r quality, it could yield nearly 200,000 new jobs in the next 20 years, acc=
ording to a new study from Breakthrough Technologies Institute.  The study,=
 "Fuel Cells at the Crossroads: Attitudes Regarding the Investment Climate =
for the U.S. Fuel Cell Industry and a Projection of Industry Job Creation P=
otential," estimates that total employment in the U.S. fuel cell industry i=
n 2002 was approximately 4,500 to 5,500 and could climb to as many as 189,0=
00 by 2021 in direct and indirect job growth as demand grows.=20

http://www.fuelcells.org/economicstudy.pdf

=20

North American Fuel Cell Report.

PricewaterhouseCoopers has published a new North American fuel cell report =
that focuses on the 2002 year-over-year financial information of the 16 pub=
licly-traded companies based in the US and Canada that are engaged in the a=
reas of fuel cell production, system integration and related fuelling infra=
structure.  Copies of the survey can be found at=20=20=20

http://www.pwc.com/extweb/ncsurvres.nsf/docid/0156308D26DD0F3E85256DA900589=
7C2.

=20

Battery & Fuel Cell Materials.

Battery & Fuel Cell Materials, a new study by The Freedonia Group, analyzes=
 the U.S. market for materials used in the production of batteries and fuel=
 cells by application (primary batteries, secondary batteries and fuel cell=
s), function (battery containers, electrodes, electrolytes, separators, etc=
.) and material (carbon/graphite, chemicals, metals, polymers and other).=
=20=20

http://www.freedoniagroup.com/pdf/1722embro.pdf

=20

Participate in Industry Survey.

Provide your opinions on the direction the hybrid and electric vehicle indu=
stry will take in the year 2004. The results will be compiled and presented=
 in an upcoming special report in the pages of Hybrid & Electric Vehicle Pr=
ogress.

http://www.altfuels.com/evpsurvey.php

=20


MISCELLANEOUS


=20

www.fuelcells.org <http://www.fuelcells.org/>  Updates Spanish Site, Adds P=
ortuguese Version.

Fuel Cells 2000, the leading non-aligned source for fuel cell information, =
has recently updated the Spanish version of its award-winning website, www.=
fuelcells.org <http://www.fuelcells.org/> , and has also added a Portuguese=
 version.=20=20

=20

HERA Purchases Ergenics.

HERA, Hydrogen Storage Systems Inc. has purchased the hydrogen business of =
New Jersey-based Ergenics, Inc.=20=20=20

http://www.herahydrogen.com/en/doc/p10-23-2003.html

=20

JHFC, FCCJ Offer English Sites.

The Japan Hydrogen & Fuel Cell Demonstration Project and the Fuel Cell Comm=
ercialization Conference of Japan both now include English versions on thei=
r websites.

http://www.jhfc.jp/e/index.html

http://fccj.jp/page12/p12-1.html

=20


CONFERENCES


=20

E-world Energy & Water.

E-world Energy & Water International Fair and Congress will be held Februar=
y 10-12, 2004, in Essen, Germany.  For more information, please visit http:=
//www.e-world-2004.com <http://www.e-world-2004.com/> .

=20

2nd Fuel Cell Investment Summit.

The Connecticut Clean Energy Fund is holding the Second Annual Fuel Cell In=
vestment Summit, March 14-16, 2004, at the Mohegan Sun Casino in Uncasville=
, Connecticut.  For registration, exhibitor and sponsor information, visit =
http://www.fuelcellis.com <http://www.fuelcellis.com/> .

=20

Hannover Fair 2004.

The Hannover Fair takes place April 19-24, 2004, in Hannover Germany.  Join=
 more than 100 Exhibitors and Forum participants from all over the world pr=
esenting their latest H2/FC developments and products.  Visit http://www.fa=
ir-pr.com/ or contact [email protected] for more information.  Click on www.=
virtual-fair.com to visit the virtual exhibits.

=20

15th Annual Hydrogen Conference.

The National Hydrogen Association's 15th Annual U.S. Hydrogen Conference an=
d Expo, "Hydrogen: A Clean Energy Choice," will be held April 27-30, 2004, =
at the Renaissance Hollywood Hotel in Los Angeles, California.   More infor=
mation can be found at http://www.hydrogenconference.org/.

=20

Fuel Cell 2004.

Fuel Cell 2004 will be held June 9-10, 2004, at the Marriott Denver Tech Ce=
nter in Denver, Colorado.   For details, check out http://www.fuelcell-maga=
zine.com/fc_conf_index.htm.

=20

=20

To subscribe to Fuel Cells 2000's Fuel Cell Technology Updates, send a blan=
k message to [email protected]=20

=20

To unsubscribe to Fuel Cells 2000's Fuel Cell Technology Updates, send a bl=
ank message to [email protected].

=20

Want more fuel cell news? Subscribe to the Fuel Cell Quarterly - just US$20=
.00 (a bargain compared to other fuel cell newsletters and publications). O=
r you can make a tax-deductible contribution of US$25.00 or more to Breakth=
rough Technologies Institute and receive a year's subscription to the Quart=
erly as our way of saying thanks.  Subscribtion information can be found at=
 www.fuelcells.org/newsletter.htm or go to www.fuelcells.org/pubs.doc to se=
e all of our publications.=20

=20

Fuel Cells 2000 (www.fuelcells.org) is a non-profit, educational activity t=
hat seeks to promote the development, demonstration and commercialization o=
f fuel cell technology.=20

=20

=20

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<div class=3DSection1>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>Fuel Cells 2000's Fuel Cell Technology Update - November
2003</span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>&nbsp;</span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>For more information on the following stories, click on =
the
provided link, contact </span></font><font size=3D2 face=3DArial><span
 style=3D'font-size:10.0pt;font-family:Arial'>Jennifer Gangi</span></font><=
font
size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'> at
[email protected] or call</span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>(202) 785-4222, ext. 17.&nbsp; To subscribe or unsubscri=
be
to this listserve, see the end of this message.</span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>&nbsp;</span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>If you are headed down to </span></font><font size=3D2
  face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>Miami</sp=
an></font><font
size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'> f=
or the
Fuel Cell Seminar, stop by Booth 116 to pick up some of Fuel Cells 2000&#82=
17;s
informational materials.&nbsp; We will have brand new &#8220;Fuel Cells in =
Transportation&#8221;
brochures, updated Vehicle, Bus and Hydrogen Fueling Station charts, and mu=
ch,
much more.</span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>&nbsp;</span></font></p>

<h1><b><u><font size=3D2 face=3DArial><span style=3D'font-size:10.0pt'>TRAN=
SPORTATION
APPLICATIONS</span></font></u></b></h1>

<p class=3DMsoNormal style=3D'text-align:justify'><b><font size=3D2 face=3D=
Arial><span
style=3D'font-size:10.0pt;font-family:Arial;font-weight:bold'>&nbsp;</span>=
</font></b></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial;font-weight:bold'>Four New Cars to be Introduced at the <=
/span></font></b><b><font
  size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial;f=
ont-weight:
  bold'>Tokyo</span></font></b><b><font size=3D2 face=3DArial><span
style=3D'font-size:10.0pt;font-family:Arial;font-weight:bold'> Motor Show.<=
/span></font></b></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>At the 37th Tokyo Motor Show, four new fuel cell concept
cars will be introduced.&nbsp; &nbsp;Honda Kiwami, with a fuel cell system
whose hydrogen storage tank is located in the center of the vehicle, enabli=
ng
the body height to be lowered to 1.25 meters; the Nissan Effis, a city comm=
uter
car that combines Nissan's newly developed Super Motor and Compact Lithium-=
ion
battery with a fuel cell stack; the Jeep Treo, a three-passenger fuel cell =
car
which utilizes drive-by-wire technology; and the Suzuki Mobile Terrace, a
six-passenger van which also uses drive-by-wire technology.</span></font></=
p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'><a href=3D"http://www.tokyo-motorshow.com/">http://www.t=
okyo-motorshow.com/</a></span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>&nbsp;</span></font></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial;font-weight:bold'>DaimlerChrysler to Provide F-Cell Cars =
to </span></font></b><b><font
  size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial;f=
ont-weight:
  bold'>Tokyo</span></font></b><b><font size=3D2 face=3DArial><span
style=3D'font-size:10.0pt;font-family:Arial;font-weight:bold'> Gas, Bridges=
tone.</span></font></b></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>DaimlerChrysler Japan Co., Ltd. will provide Tokyo Gas C=
o.,
Ltd. and Bridgestone Corp. each with one F-Cell car to use for 36 months
(temporarily returned for two months each year). &nbsp;A vehicle is schedul=
ed
to be delivered to Tokyo Gas in November.</span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'><a href=3D"http://www.tokyo-gas.co.jp/Press_e/20031016-1=
e.pdf">http://www.tokyo-gas.co.jp/Press_e/20031016-1e.pdf</a></span></font>=
</p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>&nbsp;</span></font></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial;font-weight:bold'>Nuvera and FIAT Demonstrate Two Cars.</=
span></font></b></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>Nuvera Fuel Cells&#8217; automotive fuel cell stack
technology was integrated into 2 vehicles by Centro Ricerche Fiat (CRF) and
demonstrated by FIAT Auto in </span></font><font size=3D2 face=3DArial><span
  style=3D'font-size:10.0pt;font-family:Arial'>Milan</span></font><font siz=
e=3D2
 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>, </span><=
/font><font
  size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>=
Italy</span></font><font
size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>. =
&nbsp;The
advanced concept cars included a prototype of the FIAT Seicento employing a
40-kW Nuvera fuel cell stack, as well as a prototype of FIAT&#8217;s
next-generation fuel cell vehicle, the Panda Hydrogen, which featured an
advanced Nuvera Andromeda&#8482; fuel cell stack concept.</span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'><a href=3D"http://www.nuvera.com/">http://www.nuvera.com=
/</a></span></font></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial;font-weight:bold'>&nbsp;</span></font></b></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial;font-weight:bold'>Hydrogenics to Develop Fuel Cell-Powered
Forklifts.</span></font></b></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>Sustainable Development Technology Canada (SDTC) has
approved Hydrogenics Corporation's proposal to lead a consortium of technol=
ogy
and end-user partners to &nbsp;&nbsp;&nbsp;&nbsp;develop, demonstrate and
pre-commercialize fuel cell-powered forklifts.&nbsp; The project involves
outfitting two Class-1 forklifts with 10-kW fuel cell propulsion systems an=
d metal
hydride hydrogen storage systems; developing refueling capabilities; gather=
ing
market research; and demonstrating the forklifts to industrial end users.
&nbsp;Consortium members include Deere &amp; Company, FedEx </span></font><=
font
  size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>=
Canada</span></font><font
size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>, =
General
Motors of Canada, HERA Hydrogen Storage Systems, NACCO Materials Handling G=
roup
and the City of </span></font><font size=3D2 face=3DArial><span style=3D'fo=
nt-size:
  10.0pt;font-family:Arial'>Toronto</span></font><font size=3D2 face=3DAria=
l><span
style=3D'font-size:10.0pt;font-family:Arial'>.</span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'><a
href=3D"http://www.hydrogenics.com/ir/NewsReleaseDetail-1.asp?RELEASEID=3D1=
20530">http://www.hydrogenics.com/ir/NewsReleaseDetail-1.asp?RELEASEID=3D12=
0530</a></span></font></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial;font-weight:bold'>&nbsp;</span></font></b></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial;font-weight:bold'>Quantum Awarded Army Contract.</span></=
font></b></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>Quantum Fuel System Technologies Worldwide, Inc. has been
awarded a contract by the U.S. Army TARDEC-NAC (National Automotive Center)=
 to
develop and demonstrate a high performance, hydrogen fuel cell powered
light-duty, special operations vehicle. &nbsp;&nbsp;Quantum will develop a
chassis and body, integrate the fuel cell power module, design the electric
drive system, design the hydrogen fuel storage and delivery system, and dev=
elop
the operational and maintenance documentation.</span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'><a
href=3D"http://www.qtww.com/press_releases/pr_oct_08_2003.shtml">http://www=
.qtww.com/press_releases/pr_oct_08_2003.shtml</a></span></font></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial;font-weight:bold'>&nbsp;</span></font></b></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial;font-weight:bold'>Fuel Cell Water Taxi Now Afloat.</span>=
</font></b></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>A hydrogen-fueled public water taxi, powered by an Anuvu
Power-X fuel cell/battery electric hybrid engine, was demonstrated for atte=
ndees
at the World Maritime Technology Exposition in </span></font><font size=3D2
  face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>San Franc=
isco</span></font><font
 size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>,=
 </span></font><font
  size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>=
California</span></font><font
size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>.&=
nbsp; The
18-passenger boat is funded by </span></font><font size=3D2 face=3DArial><s=
pan
  style=3D'font-size:10.0pt;font-family:Arial'>California</span></font><font
size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>'s=
 Center
for the Commercial Deployment of Transportation Technologies, with Seaworthy
Systems, Duffy Electric Boat and Millennium Cell involved as project partne=
rs.</span></font></p>

<p class=3DMsoNormal style=3D'text-align:justify'><font size=3D2 face=3DAri=
al><span
style=3D'font-size:10.0pt;font-family:Arial'><a
href=3D"http://www.anuvu.com/bayboat.html">http://www.anuvu.com/bayboat.htm=
l</a></span></font></p>

<p class=3DMsoNormal style=3D'text-align:justify'><font size=3D2 face=3DAri=
al><span
style=3D'font-size:10.0pt;font-family:Arial'>&nbsp;</span></font></p>

<h1><b><u><font size=3D2 face=3DArial><span style=3D'font-size:10.0pt'>STAT=
IONARY
POWER</span></font></u></b></h1>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>&nbsp;</span></font></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial;font-weight:bold'>Honda Develops Home Energy Station.</sp=
an></font></b></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>Honda R&amp;D Co., Ltd. has installed an experimental Ho=
me
Energy Station (HES) that generates hydrogen from natural gas for use in fu=
el
cell vehicles while supplying electricity and hot water to the home.
&nbsp;&nbsp;The new HES system, jointly developed with Plug Power Inc., is
located on the grounds of Honda R&amp;D America in </span></font><font size=
=3D2
  face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>Torrance<=
/span></font><font
 size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>,=
 </span></font><font
  size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>=
California</span></font><font
size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>, =
and will
undergo experiments in hydrogen production, storage and fueling, as part of
ongoing research into hydrogen energy sources.</span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'><a href=3D"http://biz.yahoo.com/prnews/031002/lath029_1.=
html">http://biz.yahoo.com/prnews/031002/lath029_1.html</a></span></font></=
p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>&nbsp;</span></font></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial;font-weight:bold'>FuelCell Energy Installs Fuel Cell at
Sheraton, Caterpillar. </span></font></b></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>FuelCell Energy, Inc. and its U.S. distribution partner,=
 PPL
Energy Plus have installed a Direct FuelCell=AE (DFC=AE) power plant at the
Sheraton Parsippany Hotel in Parsippany, New Jersey. &nbsp;The DFC300A power
plant provides about 25 percent of the hotel's electricity and hot
water.&nbsp;&nbsp; Caterpillar, Inc. and FuelCell Energy, Inc. installed a
250-kW DFC300A power plant at the </span></font><font size=3D2 face=3DArial=
><span
  style=3D'font-size:10.0pt;font-family:Arial'>Caterpillar</span></font><fo=
nt
 size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'> =
</span></font><font
  size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>=
Technical</span></font><font
 size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'> =
</span></font><font
  size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>=
Center</span></font><font
size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'> n=
ear
&nbsp;&nbsp;&nbsp;</span></font><font size=3D2 face=3DArial><span style=3D'=
font-size:
  10.0pt;font-family:Arial'>Peoria</span></font><font size=3D2 face=3DArial=
><span
 style=3D'font-size:10.0pt;font-family:Arial'>, </span></font><font size=3D2
  face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>Illinois<=
/span></font><font
size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>.&=
nbsp;&nbsp;
The power plant, which will be connected to the </span></font><font size=3D2
  face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>Peoria</s=
pan></font><font
size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'> a=
rea energy
grid, is expected to supply electricity to more than 250 average American
homes.</span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'><a href=3D"http://biz.yahoo.com/prnews/031015/phw028_1.h=
tml">http://biz.yahoo.com/prnews/031015/phw028_1.html</a></span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'><a
href=3D"http://www.energy-markets.com/headlines/10-28-2003/0002046003.htm">=
http://www.energy-markets.com/headlines/10-28-2003/0002046003.htm</a></span=
></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>&nbsp;</span></font></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial;font-weight:bold'>IdaTech Receives DOE Award.</span></fon=
t></b></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>IdaTech has been awarded a $9.6 million development prog=
ram
by the U.S. Department of Energy (DOE) for the development of a 50-kW proton
exchange membrane (PEM) fuel cell system suitable for providing
grid-independent energy sources for large facilities, such as hotel systems,
office buildings, prisons, and hospitals.&nbsp; <font color=3Dblack><span
style=3D'color:black'>IdaTech&#8217;s partners for the program include
Hydrogenics Corporation, Sempra Energy, Puget Sound Energy, Marriott
International and the California Hotel and Lodging Association. &nbsp;Three
50-kW systems will be field-tested, one each with Sempra Utilities, Puget S=
ound
Energy and Marriott International.</span></font></span></font></p>

<p class=3DMsoNormal><font size=3D2 color=3Dblack face=3DArial><span style=
=3D'font-size:
10.0pt;font-family:Arial;color:black'><a
href=3D"http://www.idatech.com/media/news.html?article=3D54">http://www.ida=
tech.com/media/news.html?article=3D54</a></span></font></p>

<p class=3DMsoNormal><font size=3D2 color=3Dblack face=3DArial><span style=
=3D'font-size:
10.0pt;font-family:Arial;color:black'>&nbsp;</span></font></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial;font-weight:bold'>Coalmine Fuel Cell Dedicated.</span></f=
ont></b></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>FuelCell Energy Inc. dedicated its Direct FuelCell=AE (D=
FC=AE)
power plant, operating on coalmine methane gas, at a ceremony at the AEP Oh=
io
Coal LLC Rose Valley Site in </span></font><font size=3D2 face=3DArial><span
  style=3D'font-size:10.0pt;font-family:Arial'>Hopedale</span></font><font
 size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>,=
 </span></font><font
  size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>=
Ohio</span></font><font
size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>. =
The
purpose of the project, which is co-funded by the U.S. Department of Energy=
's
National Energy Technology Laboratory, is to demonstrate the feasibility and
advantages of methane from coalmines to generate electricity cleanly and
efficiently.&nbsp; </span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'><a href=3D"http://energyinfosource.com/dg/news.cfm?id=3D=
20341">http://energyinfosource.com/dg/news.cfm?id=3D20341</a></span></font>=
</p>

<p class=3DMsoNormal><font size=3D2 color=3Dblack face=3DArial><span style=
=3D'font-size:
10.0pt;font-family:Arial;color:black'>&nbsp;</span></font></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial;font-weight:bold'>Marubeni Sites Fuel Cell in </span></fo=
nt></b><b><font
  size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial;f=
ont-weight:
  bold'>Japan</span></font></b><b><font size=3D2 face=3DArial><span
style=3D'font-size:10.0pt;font-family:Arial;font-weight:bold'>.</span></fon=
t></b></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>The Marubeni Corporation and FuelCell Energy, Inc. have
sited a Direct FuelCell=AE (DFC=AE) power plant at Japan Petroleum Explorat=
ion Co.,
Ltd. (JAPEX) facilities near </span></font><font size=3D2 face=3DArial><span
  style=3D'font-size:10.0pt;font-family:Arial'>Nagaoka</span></font><font s=
ize=3D2
 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'> </span></=
font><font
  size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>=
City</span></font><font
size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>.
&nbsp;Marubeni will supply a 250-kilowatt DFC300A power plant to JAPEX's
Katakai natural gas gathering station located in the fourth quarter of 2003.
The DFC unit will operate on the natural gas being produced from the field,=
 and
will provide electricity for JAPEX's natural gas processing facilities on t=
he
site.</span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'><a href=3D"http://www.fce.com/">http://www.fce.com</a></=
span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>&nbsp;</span></font></p>

<h1><b><u><font size=3D2 face=3DArial><span style=3D'font-size:10.0pt'>PORT=
ABLE/BACKUP
POWER</span></font></u></b></h1>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>&nbsp;</span></font></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial;font-weight:bold'>MTI and Harris Strengthen Agreement for
Micro Fuel Cells for Military.</span></font></b></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>MTI MicroFuel Cells, Inc. and Harris Corporation have bu=
ilt
upon an earlier agreement and will advance the joint development of micro f=
uel
cell systems for portable military communications equipment.&nbsp; Under an
agreement entered into in November 2002, MTI Micro developed direct methanol
micro fuel cell (DMFC) system power-pack prototypes for use with Harris'
tactical handheld radios. Under the new agreement, Harris will purchase
next-generation DMFC system prototypes from MTI Micro.</span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'><a
href=3D"http://www.mechtech.com/newsandevents/article.cfm?A_ID=3D14105">htt=
p://www.mechtech.com/newsandevents/article.cfm?A_ID=3D14105</a></span></fon=
t></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>&nbsp;</span></font></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial;font-weight:bold'>MGE and Ballard Begin UPS Field Trials.=
</span></font></b></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>MGE UPS Systems, Inc. and Ballard Power Systems official=
ly
launched field trials for MGE's Evolution Uninterruptible Power Supply (UPS)
powered by Ballard's Nexa=AE RM Series fuel cell modules. &nbsp;The event
included a series of live demonstrations for reporters and customers in </s=
pan></font><font
  size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>=
New York
  City</span></font><font size=3D2 face=3DArial><span style=3D'font-size:10=
.0pt;
font-family:Arial'> beginning with a simulated blackout on the 21st floor o=
f a
midtown high-rise. &nbsp;During the &quot;blackout,&quot; the 3KVA Evolution
UPS provided power to a rack of computer networking equipment and a large
plasma screen display while Ballard's AirGen&#8482; portable fuel cell
generator kept a small refrigerator, lighting and other small electronics
operating for the duration of the hour-plus presentation.</span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'><a href=3D"http://biz.yahoo.com/bw/031014/145470_1.html"=
>http://biz.yahoo.com/bw/031014/145470_1.html</a></span></font></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial;font-weight:bold'>&nbsp;</span></font></b></p>

<p class=3DMsoNormal><b><u><font size=3D2 face=3DArial><span style=3D'font-=
size:10.0pt;
font-family:Arial;font-weight:bold'>FUELS/REFORMERS/STORAGE</span></font></=
u></b></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial;font-weight:bold'>&nbsp;</span></font></b></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
  font-family:Arial;font-weight:bold'>Canada</span></font></b><b><font size=
=3D2
face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial;font-weight:=
bold'>
to Join International Hydrogen Partnership.</span></font></b></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>The Department of Energy (DOE) and Natural Resources Can=
ada
(NRCan) issued a joint statement announcing </span></font><font size=3D2
  face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>Canada</s=
pan></font><font
size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>'s=
 intention
to join the International Partnership for the Hydrogen Economy.&nbsp; The
International Partnership supports the deployment of hydrogen energy
technologies, establishing collaborative efforts in hydrogen production,
storage, transport, and end-use technologies; common codes and standards for
hydrogen fuel utilization; and the sharing of information necessary to deve=
lop
hydrogen fueling infrastructure.</span></font><font size=3D2><span
style=3D'font-size:10.0pt'> </span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'><a
href=3D"http://www.nrcan-rncan.gc.ca/media/newsreleases/2003/200383_e.htm">=
http://www.nrcan-rncan.gc.ca/media/newsreleases/2003/200383_e.htm</a></span=
></font></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial;font-weight:bold'>&nbsp;</span></font></b></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial;font-weight:bold'>Hydrogen Fueling Station Opens in
Luxemburg.</span></font></b></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>The first hydrogen refueling station in Luxemburg recent=
ly
opened at the main bus depot. The Shell Hydrogen station will supply fuel to
three DaimlerChrysler Citaro fuel cell buses as part of the Clean Urban
Transport for Europe (CUTE) Project, a European Union initiative to demonst=
rate
the feasibility of an innovative, highly energy efficient, clean urban publ=
ic
transport system. </span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'><a
href=3D"http://www.shell.com/home/Framework?siteId=3Dhydrogen-en">http://ww=
w.shell.com/home/Framework?siteId=3Dhydrogen-en</a></span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3D"Times New Roman"><span style=3D=
'font-size:
10.0pt'>&nbsp;</span></font></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial;font-weight:bold'>QuestAir Installs HyQuestor System in <=
/span></font></b><b><font
  size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial;f=
ont-weight:
  bold'>Tokyo</span></font></b><b><font size=3D2 face=3DArial><span
style=3D'font-size:10.0pt;font-family:Arial;font-weight:bold'>.</span></fon=
t></b></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>QuestAir Technologies, Inc. installed a HyQuestor hydrog=
en
purification system as part of the Senju Hydrogen Station located in
Arakawa-ku, </span></font><font size=3D2 face=3DArial><span style=3D'font-s=
ize:10.0pt;
  font-family:Arial'>Tokyo</span></font><font size=3D2 face=3DArial><span
style=3D'font-size:10.0pt;font-family:Arial'>.&nbsp; In the station, the
HyQuestor system purifies hydrogen reformed from liquefied petroleum gas
(LPG).&nbsp; The purified hydrogen will be used to fuel a number of fuel ce=
ll
vehicles participating in the Japan Hydrogen &amp; Fuel Cell Demonstration
Project, including a Toyota FCHV fuel cell car operated by Tokyo Gas.</span=
></font></p>

<p class=3DMsoNormal><u><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial'><a
href=3D"http://www.questairinc.com/investor_relations/press_releases/archiv=
ed_releases/2003/10-17.htm">http://www.questairinc.com/investor_relations/p=
ress_releases/archived_releases/2003/10-17.htm</a></span></font></u></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial;font-weight:bold'>&nbsp;</span></font></b></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial;font-weight:bold'>Stuart Energy, Statkraft and EHN Join on
Renewable Hydrogen.</span></font></b></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>Stuart Energy Systems Corporation, Statkraft SF and
Corporaci=F3n Energ=EDa Hidroel=E9ctrica de Navarra </span></font><font siz=
e=3D2
  face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>S.A.</spa=
n></font><font
size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'> (=
EHN), have
signed a joint cooperation agreement to establish a framework to assess,
demonstrate and develop advanced renewable energy based hydrogen production=
 and
distribution solutions. &nbsp;&nbsp;Both Statkraft and EHN have each purcha=
sed
a Stuart Energy HES hydrogen generation module and are actively evaluating
sites to demonstrate transportation and power applications of wind generated
hydrogen.</span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'><a
href=3D"http://www.stuartenergy.com/media_center/press_releases/press_oct9.=
html">http://www.stuartenergy.com/media_center/press_releases/press_oct9.ht=
ml</a></span></font></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial;font-weight:bold'>&nbsp;</span></font></b></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial;font-weight:bold'>Dynetek Delivers Storage System to
Mitsubishi.</span></font></b></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>Dynetek Industries Ltd. has delivered an on-board hydrog=
en
fuel storage system to Mitsubishi Motor Corporation for use in its MITSUBIS=
HI
FCV test vehicle. &nbsp;Dynetek is providing the fuel storage solution using
its certified 350 bar (5000 psi) hydrogen fuel storage system. The storage
system has been certified in </span></font><font size=3D2 face=3DArial><span
  style=3D'font-size:10.0pt;font-family:Arial'>Japan</span></font><font siz=
e=3D2
face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'> to Reijiki=
un
Betlan-9 standard with approval by KHK and in </span></font><font size=3D2
  face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>Germany</=
span></font><font
size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'> u=
nder TUV.
The vehicle is on display at the head office of Mitsubishi Motors Corporati=
on.</span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'><a href=3D"http://www.dynetek.com/thankyou.html">http://=
www.dynetek.com/thankyou.html</a></span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>&nbsp;</span></font></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial;font-weight:bold'>NHA and DOE Sponsor Hydrogen Design
Contest.</span></font></b></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>The National Hydrogen Association (NHA) and the Departme=
nt
of Energy (DOE) announced the &quot;1st Annual University Student Hydrogen
Design Contest.&quot; <br>
Teams of graduate and undergraduate students enrolled in North American
colleges and universities during the 2003 to 2004 academic year are eligibl=
e to
compete in the contest. &nbsp;Registration and design statements will be du=
e by
December 15, with a final entry deadline set for </span></font><font size=
=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>March =
1, 2004</span></font><font
size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>.
&nbsp;&nbsp;<br>
<a href=3D"http://www.hydrogenconference.org/contest.asp">http://www.hydrog=
enconference.org/contest.asp</a></span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>&nbsp;</span></font></p>

<h1><b><u><font size=3D2 face=3DArial><span style=3D'font-size:10.0pt'>FUEL=
 CELL
COMPONENTS</span></font></u></b></h1>

<p class=3DMsoNormal><font size=3D2 face=3D"Times New Roman"><span style=3D=
'font-size:
10.0pt'>&nbsp;</span></font></p>

<p class=3DMsoNormal><b><font size=3D2 color=3Dblack face=3DArial><span
style=3D'font-size:10.0pt;font-family:Arial;color:black;font-weight:bold'>G=
rafTech
Awarded Two Cash Grants for Components.</span></font></b></p>

<p class=3DMsoNormal><font size=3D2 color=3Dblack face=3DArial><span style=
=3D'font-size:
10.0pt;font-family:Arial;color:black'>GrafTech International Ltd.&#8217;s
subsidiary, Advanced Energy Technology (AET), was awarded two cash grants
totaling $1.4 million from the State of </span></font><font size=3D2 color=
=3Dblack
  face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial;color:blac=
k'>Ohio</span></font><font
size=3D2 color=3Dblack face=3DArial><span style=3D'font-size:10.0pt;font-fa=
mily:Arial;
color:black'> to support fuel cell development programs.&nbsp; These awards=
 are
part of Ohio Governor Bob Taft's Third Frontier Program to foster the growt=
h of
fuel cell technology.&nbsp; Approximately $800,000 will be used in a progra=
m to
develop high volume manufacturing processes for proton exchange membrane (P=
EM)
fuel cell flow field plates. &nbsp;The second program, under which AET will
receive approximately $600,000, will develop a rapid, cost effective fuel c=
ell
testing system.&nbsp; This program will be instrumental in accelerating
improvements in the design and affordability of fuel cell components.&nbsp;=
 </span></font></p>

<p class=3DMsoNormal><font size=3D2 color=3Dblack face=3DArial><span style=
=3D'font-size:
10.0pt;font-family:Arial;color:black'><a
href=3D"http://www.graftech.com/GrafTech/News+Room/Press+Releases/default.h=
tm">http://www.graftech.com/GrafTech/News+Room/Press+Releases/default.htm</=
a></span></font></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial;font-weight:bold'>&nbsp;</span></font></b></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial;font-weight:bold'>IRTT Develops New Metal PEM Power Stack=
.</span></font></b></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>Farmingdale State University of New York's Institute for
Research and Technology Transfer (IRTT) has developed new lightweight,
low-cost, non-corrosive metal bipolar plates with excellent manufacturabili=
ty
and high electrical and thermal conductivity.&nbsp;&nbsp; </span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3D"Times New Roman"><span style=3D=
'font-size:
10.0pt'>&nbsp;</span></font></p>

<h1><b><u><font size=3D2 face=3DArial><span style=3D'font-size:10.0pt'>REPO=
RTS/MARKET
STUDIES</span></font></u></b></h1>

<p class=3DMsoNormal><font size=3D2 face=3D"Times New Roman"><span style=3D=
'font-size:
10.0pt'>&nbsp;</span></font></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial;font-weight:bold'>Fuel Cell Investment Impacts Jobs.</spa=
n></font></b><font
size=3D2><span style=3D'font-size:10.0pt'><br>
</span></font><font size=3D2 face=3DArial><span style=3D'font-size:10.0pt;f=
ont-family:
Arial'>Increasing fuel cell investment will not only impact energy security=
 and
air quality, it could yield nearly 200,000 new jobs in the next 20 years,
according to a new study from Breakthrough Technologies Institute. &nbsp;The
study, &quot;Fuel Cells at the Crossroads: Attitudes Regarding the Investme=
nt
Climate for the U.S. Fuel Cell Industry and a Projection of Industry Job
Creation Potential,&quot; estimates that total employment in the U.S. fuel =
cell
industry in 2002 was approximately 4,500 to 5,500 and could climb to as man=
y as
189,000 by 2021 in direct and indirect job growth as demand grows. </span><=
/font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'><a href=3D"http://www.fuelcells.org/economicstudy.pdf">h=
ttp://www.fuelcells.org/economicstudy.pdf</a></span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>&nbsp;</span></font></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial;font-weight:bold'>North American Fuel Cell Report.</span>=
</font></b></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>PricewaterhouseCoopers has published a new North American
fuel cell report that focuses on the 2002 year-over-year financial informat=
ion
of the 16 publicly-traded companies based in the </span></font><font size=
=3D2
  face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>US</span>=
</font><font
size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'> a=
nd </span></font><font
  size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>=
Canada</span></font><font
size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'> t=
hat are
engaged in the areas of fuel cell production, system integration and related
fuelling infrastructure.&nbsp; Copies of the survey can be found at&nbsp;&n=
bsp;
</span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'><a
href=3D"http://www.pwc.com/extweb/ncsurvres.nsf/docid/0156308D26DD0F3E85256=
DA9005897C2">http://www.pwc.com/extweb/ncsurvres.nsf/docid/0156308D26DD0F3E=
85256DA9005897C2</a>.</span></font></p>

<p class=3DMsoNormal style=3D'text-align:justify'><b><font size=3D2 face=3D=
Arial><span
style=3D'font-size:10.0pt;font-family:Arial;font-weight:bold'>&nbsp;</span>=
</font></b></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial;font-weight:bold'>Battery &amp; Fuel Cell Materials.</spa=
n></font></b></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>Battery &amp; Fuel Cell Materials, a new study by The
Freedonia Group, analyzes the </span></font><font size=3D2 face=3DArial><sp=
an
  style=3D'font-size:10.0pt;font-family:Arial'>U.S.</span></font><font size=
=3D2
face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'> market for
materials used in the production of batteries and fuel cells by application
(primary batteries, secondary batteries and fuel cells), function (battery
containers, electrodes, electrolytes, separators, etc.) and material
(carbon/graphite, chemicals, metals, polymers and other).&nbsp; </span></fo=
nt></p>

<p class=3DMsoNormal style=3D'text-align:justify'><font size=3D2 face=3DAri=
al><span
style=3D'font-size:10.0pt;font-family:Arial'><a
href=3D"http://www.freedoniagroup.com/pdf/1722embro.pdf">http://www.freedon=
iagroup.com/pdf/1722embro.pdf</a></span></font></p>

<p class=3DMsoNormal style=3D'text-align:justify'><b><font size=3D2 face=3D=
Arial><span
style=3D'font-size:10.0pt;font-family:Arial;font-weight:bold'>&nbsp;</span>=
</font></b></p>

<p class=3DMsoNormal style=3D'text-align:justify'><b><font size=3D2 face=3D=
Arial><span
style=3D'font-size:10.0pt;font-family:Arial;font-weight:bold'>Participate in
Industry Survey.</span></font></b></p>

<p class=3DMsoNormal style=3D'text-align:justify'><font size=3D2 face=3DAri=
al><span
style=3D'font-size:10.0pt;font-family:Arial'>Provide your opinions on the
direction the hybrid and electric vehicle industry will take in the year 20=
04.
The results will be compiled and presented in an upcoming special report in=
 the
pages of <i><span style=3D'font-style:italic'>Hybrid &amp; Electric Vehicle
Progress</span></i>.</span></font></p>

<p class=3DMsoNormal style=3D'text-align:justify'><font size=3D2 face=3DAri=
al><span
style=3D'font-size:10.0pt;font-family:Arial'><a
href=3D"http://www.altfuels.com/evpsurvey.php">http://www.altfuels.com/evps=
urvey.php</a></span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>&nbsp;</span></font></p>

<h1><b><u><font size=3D2 face=3DArial><span style=3D'font-size:10.0pt'>MISC=
ELLANEOUS</span></font></u></b></h1>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>&nbsp;</span></font></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial;font-weight:bold'><a href=3D"http://www.fuelcells.org/">w=
ww.fuelcells.org</a>
Updates Spanish Site, Adds Portuguese Version.</span></font></b></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>Fuel Cells 2000, the leading non-aligned source for fuel
cell information, has recently updated the Spanish version of its award-win=
ning
website, <a href=3D"http://www.fuelcells.org/">www.fuelcells.org</a>, and h=
as
also added a Portuguese version.&nbsp; </span></font></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial;font-weight:bold'>&nbsp;</span></font></b></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial;font-weight:bold'>HERA Purchases Ergenics.</span></font><=
/b></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>HERA, Hydrogen Storage Systems Inc. has purchased the
hydrogen business of New Jersey-based Ergenics, Inc.&nbsp; &nbsp;</span></f=
ont></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'><a href=3D"http://www.herahydrogen.com/en/doc/p10-23-200=
3.html">http://www.herahydrogen.com/en/doc/p10-23-2003.html</a></span></fon=
t></p>

<p class=3DMsoNormal><font size=3D2 face=3D"Times New Roman"><span style=3D=
'font-size:
10.0pt'>&nbsp;</span></font></p>

<p class=3DMsoNormal><span class=3Debody1><b><font size=3D2 color=3Dblack f=
ace=3DArial><span
style=3D'font-size:10.0pt;font-weight:bold'>JHFC, FCCJ Offer English Sites.=
</span></font></b></span></p>

<p class=3DMsoNormal><span class=3Debody1><font size=3D2 color=3Dblack face=
=3DArial><span
style=3D'font-size:10.0pt'>The Japan Hydrogen &amp; Fuel Cell Demonstration
Project and the Fuel Cell Commercialization Conference of Japan both now
include English versions on their websites.</span></font></span></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'><a href=3D"http://www.jhfc.jp/e/index.html">http://www.j=
hfc.jp/e/index.html</a></span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'><a href=3D"http://fccj.jp/page12/p12-1.html">http://fccj=
.jp/page12/p12-1.html</a></span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3D"Times New Roman"><span style=3D=
'font-size:
10.0pt'>&nbsp;</span></font></p>

<h1><b><u><font size=3D2 face=3DArial><span style=3D'font-size:10.0pt'>CONF=
ERENCES</span></font></u></b></h1>

<p class=3DMsoNormal><font size=3D2 face=3D"Times New Roman"><span style=3D=
'font-size:
10.0pt'>&nbsp;</span></font></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial;font-weight:bold'>E-world Energy &amp; Water.</span></fon=
t></b></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>E-world Energy &amp; Water International Fair and Congre=
ss
will be held </span></font><font size=3D2 face=3DArial><span style=3D'font-=
size:10.0pt;
 font-family:Arial'>February 10-12, 2004</span></font><font size=3D2 face=
=3DArial><span
style=3D'font-size:10.0pt;font-family:Arial'>, in </span></font><font size=
=3D2
  face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>Essen</sp=
an></font><font
 size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>,=
 </span></font><font
  size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>=
Germany</span></font><font
size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>.&=
nbsp; For
more information, please visit <a href=3D"http://www.e-world-2004.com/">htt=
p://www.e-world-2004.com</a>.</span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3D"Times New Roman"><span style=3D=
'font-size:
10.0pt'>&nbsp;</span></font></p>

<p class=3DMsoBodyText><b><font size=3D2 face=3DArial><span style=3D'font-s=
ize:10.0pt'>2<sup>nd</sup>
Fuel Cell Investment </span></font></b><font size=3D2><span style=3D'font-s=
ize:
  10.0pt'>Summit</span></font><font size=3D2><span style=3D'font-size:10.0p=
t'>.</span></font></p>

<p class=3DMsoBodyText><b><font size=3D2 face=3DArial><span style=3D'font-s=
ize:10.0pt;
font-weight:normal'>The Connecticut Clean Energy Fund is holding the Second
Annual Fuel Cell Investment Summit, </span></font></b><font
 size=3D2><span style=3D'font-size:10.0pt;font-weight:normal'>March 14-16, =
2004</span></font><font
size=3D2><span style=3D'font-size:10.0pt;font-weight:normal'>, at the Moheg=
an Sun
Casino in </span></font><font size=3D2><span style=3D'font-size:10.0pt;font=
-weight:
  normal'>Uncasville</span></font><font size=3D2><span style=3D'font-size:1=
0.0pt;
 font-weight:normal'>, </span></font><font size=3D2><span style=3D'font-siz=
e:10.0pt;
  font-weight:normal'>Connecticut</span></font><font size=3D2><span
style=3D'font-size:10.0pt;font-weight:normal'>.&nbsp; For registration, exh=
ibitor
and sponsor information, visit <a href=3D"http://www.fuelcellis.com/">http:=
//www.fuelcellis.com</a>.</span></font></p>

<p class=3DMsoBodyText><b><font size=3D2 face=3DArial><span style=3D'font-s=
ize:10.0pt'>&nbsp;</span></font></b></p>

<p class=3DMsoBodyText><b><font size=3D2 face=3DArial><span style=3D'font-s=
ize:10.0pt'>Hannover</span></font></b><font
size=3D2><span style=3D'font-size:10.0pt'> Fair 2004.</span></font></p>

<p class=3DMsoBodyText><b><font size=3D2 face=3DArial><span style=3D'font-s=
ize:10.0pt;
font-weight:normal'>The Hannover Fair takes place </span></font></b><font s=
ize=3D2><span style=3D'font-size:10.0pt;font-weight:normal'>April 19-24, 20=
04</span></font><font
size=3D2><span style=3D'font-size:10.0pt;font-weight:normal'>, in </span></=
font><font
 size=3D2><span style=3D'font-size:10.0pt;font-weight:normal'>Hannover</spa=
n></font><font
size=3D2><span style=3D'font-size:10.0pt;font-weight:normal'> </span></font=
><font
  size=3D2><span style=3D'font-size:10.0pt;font-weight:normal'>Germany</spa=
n></font><font
size=3D2><span style=3D'font-size:10.0pt;font-weight:normal'>.&nbsp; Join m=
ore than
100 Exhibitors and Forum participants from all over the world presenting th=
eir
latest H2/FC developments and products. &nbsp;Visit <a
href=3D"http://www.fair-pr.com/">http://www.fair-pr.com/</a> or contact <a
href=3D"mailto:[email protected]">[email protected]</a> for more information.
&nbsp;Click on <a href=3D"http://www.virtual-fair.com">www.virtual-fair.com=
</a>
to visit the virtual exhibits.</span></font></p>

<p class=3DMsoBodyText><b><font size=3D2 face=3DArial><span style=3D'font-s=
ize:10.0pt;
font-weight:normal'>&nbsp;</span></font></b></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial;font-weight:bold'>15<sup>th</sup> Annual Hydrogen Confere=
nce.</span></font></b></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>The National Hydrogen Association&#8217;s 15th Annual U.=
S.
Hydrogen Conference and Expo, &#8220;Hydrogen: A Clean Energy Choice,&#8221;
will be held </span></font><font size=3D2 face=3DArial><span style=3D'font-=
size:10.0pt;
 font-family:Arial'>April 27-30, 2004</span></font><font size=3D2 face=3DAr=
ial><span
style=3D'font-size:10.0pt;font-family:Arial'>, at the Renaissance Hollywood=
 Hotel
in </span></font><font size=3D2 face=3DArial><span style=3D'font-size:10.0p=
t;
  font-family:Arial'>Los Angeles</span></font><font size=3D2 face=3DArial><=
span
 style=3D'font-size:10.0pt;font-family:Arial'>, </span></font><font size=3D2
  face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>Californi=
a</span></font><font
size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>.&=
nbsp;&nbsp;
More information can be found at <a href=3D"http://www.hydrogenconference.o=
rg/">http://www.hydrogenconference.org/</a>.</span></font></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial;font-weight:bold'>&nbsp;</span></font></b></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial;font-weight:bold'>Fuel Cell 2004.</span></font></b></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>Fuel Cell 2004 will be held </span></font><font
 size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>J=
une 9-10,
 2004</span></font><font size=3D2 face=3DArial><span style=3D'font-size:10.=
0pt;
font-family:Arial'>, at the </span></font><font size=3D2 face=3DArial><span
  style=3D'font-size:10.0pt;font-family:Arial'>Marriott</span></font><font
 size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'> =
</span></font><font
  size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>=
Denver</span></font><font
 size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'> =
</span></font><font
  size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>=
Tech</span></font><font
 size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'> =
</span></font><font
  size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>=
Center</span></font><font
size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'> i=
n </span></font><font
  size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>=
Denver</span></font><font
 size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>,=
 </span></font><font
  size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>=
Colorado</span></font><font
size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>.
&nbsp;&nbsp;For details, check out <a
href=3D"http://www.fuelcell-magazine.com/fc_conf_index.htm">http://www.fuel=
cell-magazine.com/fc_conf_index.htm</a>.</span></font></p>

<div style=3D'border:none;border-bottom:double windowtext 6.75pt;padding:0i=
n 0in 1.0pt 0in'>

<p class=3DMsoNormal style=3D'border:none;padding:0in'><font size=3D2
face=3D"Times New Roman"><span style=3D'font-size:10.0pt'>&nbsp;</span></fo=
nt></p>

</div>

<p class=3DMsoNormal><font size=3D2 face=3D"Times New Roman"><span style=3D=
'font-size:
10.0pt'>&nbsp;</span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>To subscribe to Fuel Cells 2000's Fuel Cell Technology
Updates, send a blank message to [email protected] </span></fo=
nt></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>&nbsp;</span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>To unsubscribe to Fuel Cells 2000's Fuel Cell Technology
Updates, send a blank message to [email protected].</span></=
font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>&nbsp;</span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>Want more fuel cell news? Subscribe to the Fuel Cell
Quarterly - just US$20.00 (a bargain compared to other fuel cell newsletters
and publications). Or you can make a tax-deductible contribution of US$25.0=
0 or
more to Breakthrough Technologies Institute and receive a year's subscripti=
on
to the Quarterly as our way of saying thanks.&nbsp; Subscribtion information
can be found at <a href=3D"www.fuelcells.org/newsletter.htm">www.fuelcells.=
org/newsletter.htm</a>
or go to <a href=3D"www.fuelcells.org/pubs.doc">www.fuelcells.org/pubs.doc<=
/a> to
see all of our publications. </span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>&nbsp;</span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>Fuel Cells 2000 (<a href=3D"www.fuelcells.org">www.fuelc=
ells.org</a>)
is a non-profit, educational activity that seeks to promote the development,
demonstration and commercialization of fuel cell technology. </span></font>=
</p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>&nbsp;</span></font></p>

<p class=3DMsoNormal><font size=3D3 face=3D"Times New Roman"><span style=3D=
'font-size:
12.0pt'>&nbsp;</span></font></p>

</div>



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