Hydrogenics Wins Contract to Provide Fuel Cell Power Module for Aircraft Tow Tractor Demonstration

"We are excited to be working with the DoD and CTC to demonstrate the advantages fuel cell technology brings to airport ground support vehicles," said Pierre Rivard, President & CEO of Hydrogenics. "This contract is significant because it further demonstrates that Hydrogenics'...

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Bibliographic Details
Published inPR Newswire p. 1
Format Newsletter
LanguageEnglish
Published New York PR Newswire Association LLC 09.09.2004
Subjects
Air pollution
Aircraft
Airports
Commercialization
Fuel cells
Hydrogen
R&D
Research & development
Ontario
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Summary:"We are excited to be working with the DoD and CTC to demonstrate the advantages fuel cell technology brings to airport ground support vehicles," said Pierre Rivard, President & CEO of Hydrogenics. "This contract is significant because it further demonstrates that Hydrogenics' fuel cell technology can be used in a wide variety of vehicle applications. Hydrogenics has secured some interesting patents around vehicle-to-grid power distribution and this contract represents an excellent opportunity to showcase the off-board power capabilities as a key attribute of fuel cells." This release contains forward-looking statements within the meaning of the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Law of 1995. These statements are based on management's current expectations and are subject to changes in the competitive environment adversely affecting the products, markets, revenues or margins of Hydrogenics' business. Readers should not place undue reliance on Hydrogenics' forward- looking statements. Investors are encouraged to review the section captioned "Risk Factors" in Hydrogenics' registration statement on form F-10 filed with the Securities and Exchange Commission on February 3, 2004 for a more complete discussion of factors that could affect Hydrogenics' future performance. Hydrogenics undertakes no obligations to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release. SOURCE Hydrogenics Corporation