Troubles for Fuel Cell Company

October 22, 2002 [] Electric Fuel Corporation (EFC) announced today that Yehuda Harats, its president and CEO and a member of the Board, has decided to resign from his positions with the company and its subsidiaries in order to pursue other interests. The company also announced that it will discontinue retail sales of its Instant Power consumer battery products because of the high costs associated with consumer marketing and low volume manufacturing.
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