Accelrys, Johnson Matthey and CMR Form Consortium for Alternative Energy Research.Fuel Cell Consortium Result of Award from United Kingdom's Department of Trade and Industry The Department of Trade and Industry was a United Kingdom government department which was disbanded with the announcement of the creation of the Department for Business, Enterprise and Regulatory Reform on 28 June 2007[1]. (DTI Diffusion tensor imaging (DTI) A refinement of magnetic resonance imaging that allows the doctor to measure the flow of water and track the pathways of white matter in the brain. ) for the Automated Design of New Materials for Fuel Cell Catalysts SAN DIEGO San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. -- Accelrys, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ACCL ACCL American Canadian Caribbean Line ACCL Acceleration ACCL American College of Construction Lawyers ACCL Accreditation Council for Clinical Lipidology (Allied Health Certification Program) ACCL Amway China Co Limited ), the leading provider of scientific business intelligence software and services, together with CMR CMR Crude mortality rate, see there Fuel Cells and Johnson Matthey Johnson Matthey plc (LSE: JMAT) is a British chemical company which has its headquarters near Holborn in central London. It is traded on the London Stock Exchange and is a constituent of the FTSE 100 Index. Plc, announced the formation of a UK-based Research Consortium. Funding has been awarded through DTI's Technology Programme competition. The DTI will award the Consortium a total of PS1.15 million over the duration of the three-year grant to offset research expenses. The partners will pool their respective research and development expertise in the areas of catalyst science, materials modelling, workflows and databases to develop predictive methods for the development of advanced low-cost catalysts. Welcoming the new partnership, Secretary of State for Trade and Industry, Alistair Darling, said: "Innovation and new ideas "New Ideas" is the debut single by Scottish New Wave/Indie Rock act The Dykeenies. It was first released as a Double A-side with "Will It Happen Tonight?" on July 17, 2006. The band also recorded a video for the track. translate into new jobs, which benefits the UK as a whole. That's why we're investing PS1.15m in this collaboration to help further develop hydrogen technology for cars and other products and make it cheaper and more efficient. This research is good for consumers and the environment, potentially cutting costs and emissions." The Consortium plans to develop and validate a unique set of predictive tools based upon the latest scientific understanding of how electro catalysts function. In doing so, it aims to accelerate the progress towards commercial applications for fuel cells and provide fundamental advancement of catalyst research. "The UK Department of Trade and Industry award for this project recognizes the increasing importance of modelling and simulation tools in the design of new materials which are vital to achieving the required step-change in fuel cell catalyst development and to pulling the technology through to the marketplace," says Mark Emkjer, 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. of Accelrys Inc. "We are proud to be partners in this important project with Johnson Matthey and CMR Fuel Cells, both recognized experts in fuel cell technology." "The ability to implement fully validated modelling tools to allow the exploration of a vast phase space has very exciting potential within the fuel cell market place and we are pleased to have this opportunity to collaborate with our partners on such a high impact project," says Sam French, Senior Scientist, Johnson Matthey Plc. Michael Priestnall, Chief Technology Officer, CMR, commented: "To deliver the exceptional cost and performance benefits that our unique stack architecture brings to the portable power market, we adopt the most active, stable, cost efficient and selective fuel cell electro catalysts available. I am very pleased to be able to bring our expertise and resources together with that of our partners to develop the tools that will enable us to continually improve the performance of our fuel cell stack products." Further Information [TABLE OMITTED] About Accelrys, Inc: Accelrys develops and commercializes Scientific Business Intelligence software for the integration, mining, analysis, modeling and simulation, management and interactive reporting of scientific data. Our solutions are used by biologists, chemists, materials scientists, and information technology professionals for product design as well as drug discovery and development. Our technology and services are designed to meet the needs of today's leading research and development organizations including leading commercial, government and academic organizations. Many of the largest pharmaceutical, biotechnology, chemical, and petroleum companies worldwide use our solutions. Accelrys is headquartered in San Diego, California “San Diego” redirects here. For other uses, see San Diego (disambiguation). San Diego is a coastal Southern California city located in the southwestern corner of the continental United States. As of 2006, the city has a population of 1,256,951. . For more information about Accelrys, visit its website at http://www.accelrys.com/. About CMR Fuel Cells plc: CMR Fuel Cells plc is a UK developer of fuel cell stacks for portable and small stationary power generation applications. The Company plans to become a leading supplier of fuel cell products, based on its simple but revolutionary patented stack architecture which delivers longer run-time and lower costs than conventional fuel cell stacks. About Johnson Matthey plc: Johnson Matthey is a global business with units dedicated to the supply of high quality fuel cell components, hydrogen production Hydrogen production is commonly completed from hydrocarbon fossil fuels via a chemical path. Hydrogen may also be extracted from water via biological production in an algae bioreactor, or using electricity (by electrolysis) or heat (by thermolysis); these methods are presently not and purification and activities in hydrogen storage
Hydrogen storage is the main technological problem of a viable hydrogen economy. Some attention has been given to the role of hydrogen to provide grid energy storage for unpredictable energy sources, like and purification. For fuel cells, the business has operations in the UK, USA and Japan, including a state of the art manufacturing facility in Swindon, UK. Johnson Matthey Fuel Cells is at the forefront of development of precious metal catalyst systems and membrane electrode assemblies and is able to tailor products to specific applications, designs and operating conditions to achieve the best possible performance. Forward-Looking Statements Statements contained in this press release relating to the Company's or management's intentions, hopes, beliefs, expectations or predictions of the future are forward-looking statements. Such forward looking statements, including but not limited to statements relating to the future success of the consortium, release and demand for products and services resulting therefrom, are subject to a number of risks and uncertainties, including risks that the Consortium will not be successful and that products and services will not be successfully developed therein, risks related to the demand for such products and services, as well as the risks and uncertainties that are contained from time to time in the Company's SEC filings, including but not limited to the Company's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended March 31, 2006, quarterly reports on Form 10-Q Form 10-Q See 10-Q. and current reports on Form 8-K Form 8-K The form required by the SEC when a publicly held company incurs any event that might affect its financial situation or the share value of its stock. Form 8-K See 8-K. . The Company's actual results could differ materially from those projected in such forward-looking statements due to these risks and uncertainties, and the Company disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future events or otherwise. |
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