New Fuel Cell Corp Formed

February 28, 2003 [] A new corporation, Astris Transportation Systems Inc. (ATSI), has been formed in Montreal, Quebec, as the operating entity of a CAD$l5 million (US$10 million) fuel cell development and production joint venture established last week by Astris Energi Inc., world leader in alkaline fuel cell technology, based here, and CareAction Inc., a diversified concern headquartered in the Montreal area.
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