Ballard Power Announces Ford Presents FC5 Prototype Vehicle Powered By Ballard's Next Generation Fuel Cell.Business Editors VANCOUVER, British Columbia--(BUSINESS WIRE)--Jan. 11, 2000 Ballard Power (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 :BLDP) (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :BLD.) 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. announced today that Ford Motor Company presented a new protoype fuel cell vehicle powered by Ballard's next generation fuel cell, the Mark 900, at the North American International Auto Show in Detroit yesterday. The TH!NK FC5, based on a four-door 2000 Ford Focus, is a family size sedan powered by the most advanced fuel cell system shown to date. The fuel cell system, which was manufactured by Ballard, DaimlerChrysler and Ford affiliate dbb fuel cell engines inc. (dbb), comprises Ballard's Mark 900 module and dbb's latest generation methanol reformer. The electric motor was manufactured by Ecostar Electric Drive Systems, another Ballard, DaimlerChrysler and Ford affiliated company. "Ford's FC5 is the first prototype vehicle to be shown using the Ballard(R) Mark 900 Series Fuel Cell Power Module," said Firoz Rasul, Ballard's Chairman and Chief Executive Officer. "The integration of the fuel cell module into a methanol-fuelled vehicle without compromising passenger or cargo space reflects dbb's advancements in methanol reforming technology and Ballard's significant progress in reducing the size and weight of the fuel cell stack." The Mark 900 module utilizes a single integrated fuel cell stack. This replaces the two or three distinct Mark 700 stacks used in various automotive prototypes currently powered by Ballard(R) fuel cells, including DaimlerChrysler's Necar 4, Ford's P2000, Honda's FCX V1, and Nissan's FCV FCV feline calicivirus. . The fuel cell will end the 100-year reign of the internal combustion engine Internal combustion engine A prime mover, the fuel for which is burned within the engine, as contrasted to a steam engine, for example, in which fuel is burned in a separate furnace. , Ford Chairman William Clay Ford William Clay Ford may refer to
Ballard Power Systems is the world leader in developing, manufacturing and marketing zero-emission proton exchange membrane A proton exchange membrane (PEM) is a semipermeable membrane generally made from ionomers and designed to conduct protons while being impermeable to gases such as oxygen or hydrogen. (PEM) fuel cells for use in transportation, electricity generation and portable power products. Ballard Power Systems' proprietary fuel cell technology is enabling automobile, electrical equipment and portable power product manufacturers to develop environmentally clean products for sale. The fundamental component of these end-user products is the Ballard(R) fuel cell that combines hydrogen (which can be obtained from methanol, natural gas or petroleum) and oxygen (from air) without combustion to generate electricity. Ballard is partnering with strong, world-leading companies, including DaimlerChrysler, Ford, GPU International, ALSTOM and EBARA, to commercialize Ballard fuel cells. Ballard has also supplied fuel cells to General Motors, Honda, Hyundai, Nissan, Volkswagen, Yamaha, Cinergy and Matsushita Electric Works Matshushita Electric Works (MEW), Ltd. can trace its beginnings to a company that was founded in 1918 by Konosuke Matsushita. Matshushita began making the flashlight components for bicyles, then progressed to making lighting fixtures. , among others. Ballard's Common shares are listed on The Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. under the trading symbol "BLD" and on the Nasdaq National Market System under the symbol "BLDP". Ballard and the Ballard logo are registered trademarks of Ballard Power Systems Inc. |
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