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Astris Energi Shares Achieve Active Status on United States OTC Bulletin Board Service.


Business Editors

MISSISSAUGA, Ontario--(BUSINESS WIRE)--July 17, 2001

Astris Energi Inc. (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
 BB: ASRNF), developers of alkaline fuel cell The alkaline fuel cell (AFC), also known as the Bacon fuel cell after its British inventor, is one of the most developed fuel cell technologies and is the cell that flew Man to the Moon.  power systems for small vehicles, homes, motor homes and boats, Tuesday reported that its common shares, having completed the 30-day eligibility period eligibility period Health insurance The time following the eligibility date–usually 31 days–during which a member of a group may apply for insurance without evidence of insurability  required by the National Association of Security Dealers, have achieved active trading status on the U.S. Bulletin Board Service, effective today.

Astris Energi was recently certified as a full-reporting company by the U.S. Securities and Exchange Commission, thus becoming eligible to apply for Bulletin Board listing, Gordon Emerson, chief financial officer and director, asserted.

"Now with our first month of listing over, our shares can be actively traded by any market-maker under the symbol ASRNF," he added.

Astris has demonstrated a fuel cell-powered golf car both in Canada and in the States within recent weeks and last year delivered its first four-kilowatt system to provide electricity, heat and hot water for individual homes, other small buildings and boats. Also completed and field-tested is a portable one-kilowatt power source for military and remote applications.

All these systems are noiseless noise·less  
adj.
Making or marked by no noise. See Synonyms at still1.



noiseless·ly adv.
, odorless o·dor·less  
adj.
Having no odor.



odor·less·ly adv.

o
 and emit no pollutants, only pure water.

Note: Any statement contained in this release that is not a statement of fact may be considered a "forward-looking statement forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
" as that term is defined under U.S. securities laws. Forward-looking statements are only predictions and may differ materially from actual events or results.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1CANA
Date:Jul 17, 2001
Words:234
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