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AccelRate Announces Key Management Addition.


VANCOUVER, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography
 -- AccelRate Power Systems Inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002)
TSX Transfer from Stack Pointer to Index
TSX True Space Extension
 VENTURE:APS) (DAX (Germany):KCG KCG Knowledge Capital Group
KCG Chignik, AK, USA - Fisheries (Airport Code) 
) announced today the appointment of Debby Harris to the position of Vice-President, Corporate and Market Development.

Ms. Harris joins AccelRate with a 25-year background in communications, marketing and business development. Prior to joining AccelRate, Ms. Harris was with Ballard Power Systems Ballard Power Systems (TSX: BLD, NASDAQ: BLDP), located in Burnaby, British Columbia -- a suburb of Vancouver -- is a company that designs, develops, and manufactures zero emission proton-exchange-membrane fuel cells. , the world's leader in fuel cell development. Before Ballard, she was with a major public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most  firm in Western Canada.

Ms. Harris brings to AccelRate a vast amount of commercial experience that directly relates to AccelRate's proven battery recharging technology and products.

"We are pleased to welcome Debby Harris to the AccelRate team," said Reimar Koch, President of AccelRate Power Systems. "As AccelRate's technology gains recognition worldwide, the markets for our technology will undergo dramatic change. Ms. Harris' experience and capabilities in market development, communications, and building lasting customer relationships in the alternative energy industry, will enhance AccelRate's ability to further commercialize and grow the business."

Caspar Koch, AccelRate's Chairman of the Board adds, "AccelRate has assembled a strong management team, board and an unsurpassed technology position, all of which we will use to convert AccelRate's leading technology into commercial success in the multi-billion dollar recharging market."

The company recently signed a letter of intent with Hawker Powersource, an Enersys company, for the manufacturing and marketing of battery chargers throughout North America incorporating the AccelRate technology. The Hawker brand name of industrial batteries is the world's largest.

AccelRate's unique technology recharges batteries in 80% less time resulting in significant savings in time, costs, space and energy in addition to extending overall battery life.

Shares of AccelRate, symbol APS, trade on the TSX-Venture Exchange, and on the Frankfurt Exchange, symbol KCG.

ACCELRATE POWER SYSTEMS INC.

Reimar Koch, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  

The TSX Venture Exchange TSX Venture Exchange

Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors.
 has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

AccelRate Power Systems Inc. (TSX VENTURE:APS) (FRANKFURT:KCG)
COPYRIGHT 2005 Business Wire
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Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 2, 2005
Words:322
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