Millennium Cell/Aperion to develop clean backup power.Millennium Cell Inc. (Nasdaq:MCEL MCEL Model Coupling Executable Library ), a leading technology company in the design and development of systems for the safe use of hydrogen fuel in energy applications, and Aperion Energy Systems, an integrator (1) In electronics, a device that combines an input with a variable, such as time, and provides an analog output; for example, a watt-hour meter.(2) See systems integrator. of complete fuel cell systems, have signed a formal development agreement to integrate Millennium Cell's Hydrogen on Demand(TM) fuel technology into the fuel cell systems manufactured and marketed by Aperion. "This is an exciting development for Millennium Cell and we are very pleased to be working with an aggressive partner like Aperion," said Adam Briggs, Millennium Cell vice president, Distributed Generation Distributed generation generates electricity from many small energy sources. It has also been called also called on-site generation, dispersed generation, embedded generation, decentralized generation, decentralized energy or . "We believe the market for clean and quiet backup power An additional power source that can be used in the event of power failure. See UPS and backup.  A Half Minute of Backup This roomful of lead acid batteries stands ready to drain itself entirely in less than a minute. in telecom and other stationary applications is accessible now and that our fuel systems, as a component of the Aperion solution, meet current market needs." "After testing the Hydrogen on Demand (TM) fuel technology, we believe that this safe, energy dense hydrogen fuel delivery system will fit very well as the hydrogen source in our complete fuel cell systems," said William J. (Bill) Bock Noun 1. bock - a very strong lager traditionally brewed in the fall and aged through the winter for consumption in the spring bock beer lager beer, lager - a general term for beer made with bottom fermenting yeast (usually by decoction mashing); originally , Aperion's 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. . "We believe there is demonstrated market demand for such an integrated solution and are eager to meet it." Under the terms of the two-year Cooperative Development Agreement, Aperion has purchased a development Hydrogen on Demand(TM) system and will design, build and test commercial sodium borohydride-based fuel supply system prototypes for telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. and utility backup power applications. These Hydrogen on Demand (TM) systems will be integrated with Aperion partner fuel cell products for field deployment and evaluation by Aperion's customers. Upon commercialization, Aperion will license Millennium Cell's technology and purchase catalysts from Millennium Cell as a component of Aperion's products. For more information about Millennium Cell, visit http://www.millenniumcell.com or call 866/532-2783. For more information about Aperion Energy Systems, visit http://www.aperionenergy.com or call 866-AES-POWR (866/2377697) |
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