Storage

Millenium Cell Sells Systems to U.S. Army

Millennium Cell Inc. has sold two Hydrogen on Demand(TM) hydrogen storage and generation systems to the U.S. Army Tank Automotive and Armaments Command (TACOM)’s National Automotive Center (NAC).

Traverse City, Michigan – August 12, 2002 [SolarAccess.com] “We have long believed that the potential of our technology in military applications is tremendous due to the safety of Millennium Cell’s method of storing, transporting and delivering hydrogen,” said Rex Luzader, Millennium Cell Vice President, Business Development for Transportation and Hydrogen Infrastructure Development. “We are very pleased to be working with the Army as they evaluate our technology as part of their aggressive efforts to find and use new tactical fuels.” “We are engaged in a serious effort to evaluate the use of hydrogen as a fuel, and the use of fuel cells in military applications,” said Dennis Wend, Executive Director of the National Automotive Center. “The Millennium Cell system is very interesting and we look forward to completing a thorough evaluation of the technology.” The NAC purchased two units for evaluation, one designed to work with fuel cells in the 1kw to 5kw range and the other in the less than 1kw range. The larger system could have applications in the provision of power to auxiliary power units, while the smaller system could be evaluated for individual soldier power applications. Luzader said that larger systems for basic transportation propulsion could be evaluated in a future phase of this partnership. The sale was announced during an automotive technology conference in Traverse City, Michigan, where Millennium Cell demonstrated its system along with other NAC partner companies. (NASDAQ: MCEL)