Stuart Energy Systems Announces Fiscal Results

June 18, 2002 [] Stuart Energy Systems Corporation has announced its consolidated financial results for the fiscal year ended March 31, 2002. During the year, Stuart Energy formed strategic partnerships with Cheung Kong Infrastructure Holdings and Ford Power Products to develop and market hydrogen power systems. The company is transitioning from an engineered-to-order supplier to a market-focused company with a no-compromise approach to product quality. The company also Launched a new product line of portable hydrogen fueling stations, the CFP-450 and CFP-1350. Stuart Energy also completed the first commercial sale of a CFP-1350 to a large North American auto manufacturer, and delivered the fueler in March 2002.
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