Ballard Discontinues Gensets

June 2, 2003 [] Ballard Power Systems is discontinuing the development, sale and marketing of its internal combustion engine generator sets (gensets). Ballard began development of natural gas and hydrogen gensets in 2002 to generate early revenue and assist in the development of power generation distribution channels and hydrogen infrastructure. Ballard’s decision to discontinue its genset activities will not impact development of its fuel cell product lines or commercialization plans, according to the company.