Ballard Powered Mercedes-Benz Citaro Fuel Cell Buses Roll Onto Roads in Beijing, China.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 -- Ballard Power Systems' (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :BLD BLD Build BLD Blood BLD Blade BLD Blonde BLD Breakfast Lunch Dinner BLD Bukas-Loob Sa Diyos (Filipino: Open In Spirit To God) BLD BASIC Bload Graphics (File Name Extension) BLD Below Limit of Detection )(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 BLDP Ballard Power Systems (stock symbol) ) Chairman and Interim President and Chief Executive Officer, John Sheridan John Sheridan can refer to:
"Governments and regions around the world are assembling the building blocks of the hydrogen economy in fuel cell vehicle demonstrations," said Mr. Sheridan. "Fuel cells and hydrogen can play a critical role in the development of a sustainable transportation strategy in China. Fleet demonstrations, like the one here in Beijing, will seed the market and will provide many people with the opportunity to experience first-hand the clean, quiet and comfortable ride of zero-emission transportation alternatives." The fuel cell bus program will support China's ability to use hydrogen as a clean, efficient, safe and sustainable energy
Sustainable energy sources are energy sources which are not expected to be depleted in a timeframe relevant to the human race, and which resource. The purpose of the project is to support the development of fuel cell technology and to demonstrate the viability of fuel cell power for day-to-day operation of transit buses under specific climatic and topographical conditions. "China, with its booming economy and the fastest growing auto market in the world, is in a perfect position to be an important leader in making fuel cell technology the ultimate zero-emission automotive solution," continued Mr. Sheridan. "Fuel cells - and fuel cells alone - address the challenges of energy security, diminishing oil reserves, urban air quality and energy efficiency. China is to be commended for its leadership and commitment to zero emission urban transit." Ballard's Role in Bus Demonstration Programs Since 1993, Ballard has demonstrated close to 50 buses (fuel cell and fuel cell hybrid) in 12 countries, testing five generations of heavy-duty fuel cell bus engines. Today, Ballard powers the CUTE, ECTOS ECTOS Ecological City Transport System and STEP bus demonstration programs in Europe, Australia and now China, with its Alliance partner, DaimlerChrysler. In addition, Ballard fuel cells are also powering three Gillig-built fuel cells buses in Santa Clara, California Santa Clara, California (IPA: /ˌsæntəˈklærə/) , founded in 1777 and incorporated in 1852, is a city in Santa Clara County, in the U.S. state of California. . To learn more about Ballard's participation in demonstration programs, visit: www.ballard.com/be_informed/fuel_cell_technology/demonstration_program s#. About Ballard 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. is recognized as the world leader in the design, development and manufacture of 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. fuel cells. Ballard's mission is to develop fuel cell power as a practical alternative to internal combustion engines through technology leadership. To learn more about what Ballard is doing with Power to Change the World(R), visit www.ballard.com. This release contains forward-looking statements that are based on the beliefs of Ballard's management and reflect Ballard's current expectations as contemplated under section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. When used in this release, the words "estimate", "project", "believe", "anticipate", "intend", "expect", "plan", "predict", "may", "should", "will", the negative of these words or such other variations thereon or comparable terminology are intended to identify forward-looking statements. Such statements reflect the current views of Ballard with respect to future events based on currently available information and are subject to risks and uncertainties that could cause actual results to differ materially from those contemplated in those forward-looking statements. For further information, or to arrange an interview with a Ballard spokesperson, please call Rebecca Young or Michelle Cormack at 604-454-0900. Ballard and the Ballard logo are registered trademarks of Ballard Power Systems Inc. Ballard Power Systems Inc. (TSX:BLD) (NASDAQ:BLDP) |
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