Leading Stuart Energy is President and CEO Jon Slangerup. From 1993 to April 2000, Slangerup was President of FedEx Canada. During his tenure at FedEx, he maintained double-digit revenue growth, doubled its international market share and generated strong profit growth and margins

Global Thermoelectric Inc. a leading developer of solid oxide fuel cell ("SOFC") products, today announced that two prototype natural gas fuel cell systems have been delivered to Enbridge Inc.'s ("Enbridge") facilities in Toronto as previously scheduled. The Company also announced that a single fuel cell membrane has recently surpassed one year of continuous testing in its Calgary facilities
demonstrating the commercial potential of Global's SOFC technology.

Shareholders approved the action in a special meeting on January 22, 2003. The vote was necessary to complete a financing program to fund the continuing research, development and commercialization of Millennium Cell's Hydrogen on Demand(TM) technology. 19,522,311 shares (67% of all outstanding shares) were voted by proxy or in person, with 19,155,103 shares (66%) voting in favor of the measure.

The company also announced that it has filed an appeal of a decision by The NASDAQ Stock Market (NASDAQ) to remove the company from the NASDAQ National Market listing due to deficiencies in Rule 4450(a)(3) of the NASDAQ Marketplace Rules which sets forth a minimum $10 million stockholders' equity requirement.

TUSTIN, Calif.--(BUSINESS WIRE)--Jan. 27, 2003--Pacific Fuel Cell Corp. today announced Professor Yushan Yan of the University of California at Riverside (UCR) is leading a team that is working to create a prototype fuel cell based on PFCE's proprietary carbon nano-technology.

Professor Yan, who received his Ph.D. from the California Institute of Technology, is a leading authority on high temperature proton conductive membranes and nanostructured electrodes.

"We are extremely pleased to have Professor Yan heading up our research effort, particularly given his extensive experience and strong reputation in this area," stated George Suzuki, president of Pacific Fuel Cell Corp.

Entegris, Inc., (Nasdaq:ENTG - News) the materials integrity management company, today announced the opening of the Entegris Composite Bipolar Plate Manufacturing Center in Chaska, Minn. The new facility will manufacture compression-molded bipolar and monopolar plates for fuel cell applications. Entegris' fuel cell components and services are designed to provide fuel cell system developers with the tools they need to control contamination, improve reliability and lower costs, by incorporating new materials of construction and Entegris' manufacturing expertise.

Proton Energy Systems, Inc. (Nasdaq: PRTN), a leader in hydrogen generation and fuel cell technology and products, announced the successful high-pressure test of its new HIPRESS(TM) Proton Exchange Membrane, or PEM, cell stack module today.  This achievement was one of the key milestones in Proton's contract administered by the Naval Research Laboratory and funded by the Defense Advanced Research Projects Agency, or DARPA.
    
The HIPRESS cell stacks passed the 1,000-hour mark of system operation at 2,000 pounds per square inch, or psi.  The success of these tests is an important indication of the durability of the technology, which has the potential to be a critical component to a number of aerospace platforms being developed for military and homeland security purposes.  Proton also demonstrated this same design at 3,000 psi over shorter time periods.

NEW YORK--(BUSINESS WIRE)--Jan. 31, 2003--Medis Technologies Ltd. (NASDAQ: MDTL)
announced today that it filed an amendment to its registration statement on Form S-3 previously
filed with the Securities and Exchange Commission for a fixed price rights offering.
     
As described in the amendment, Medis modified downward the aggregate number of shares it is
offering to 2,325,600 and the number of subscription rights each holder of record of common stock will receive to 0.110180929. The record date for determining holders of record to receive subscription rights is expected to be February 7, 2003. The subscription price of $2.15 per share
shall remain the same.

Tonight I'm proposing $1.2 billion in research funding so that America can lead the world in developing clean, hydrogen-powered automobiles. 

ALBUQUERQUE, N.M.--(BUSINESS WIRE)--Jan. 28, 2003--Superior MicroPowders, LLC (SMP) announced today that it has signed a subcontract agreement with DuPont Fuel Cells allowing the two parties to collaborate under SMP's recently awarded $5.12M program from the U.S. Department of Energy (DOE) for fuel cell materials development.
    
SMP's DOE program focuses on the development of new low-platinum content electrocatalyst compositions and membrane electrode assembly (MEA) cathode structures for PEM fuel cell applications.
    
The contract entitled "Development of Improved Ultra-low Pt PEMFC Cathode Structures Through an Integrated Powder-Discovery-Production Platform with Digital Layer Prototyping" will be performed by SMP as the prime contractor in collaboration with DuPont, CFD Research Corporation and leading fuel cell stack manufacturers.

Leading energy and financial experts will meet at the Hilton Philadelphia/Cherry Hill on March 26 & 27, 2003 at the 3rd Annual Fuel Cell Investor Conference (http://www.srinstitute.com/cr243 ),
hosted by the Strategic Research Institute, to investigate the latest opportunities both domestically and internationally for investing in the fuel cell industry. Attended by over 300 industry experts, Fuel Cell Investor includes an in-depth panel discussion involving key industry players that will answer all your questions concerning drivers, commercialization, business development, and financing of fuel cell investments

WILMINGTON, Del.--(BUSINESS WIRE)--Jan. 28, 2003--GrafTech International Ltd. (NYSE:GTI - News), a leader in graphite and carbon science for over 100 years, today announced it has received an order valued at approximately $500,000 for GTI fuel cell products from Ballard Power Systems, under its existing supply agreement. The order provides for delivery over the next 6 months and will support the demand for Ballard's Mark 902 fuel cell stack. The product ordered will be used by Ballard to fulfill its commitment to its automotive customers for both light-duty and heavy-duty fuel cells.

As previously announced GRAFCELL(TM) advanced flexible graphite will be included in Ballard's fuel cells for DaimlerChrysler's Citaro buses and Mercedes Benz A Class fuel cell vehicles, Honda's recently announced FCX vehicle and Ford's Focus FCV.

Palcan Fuel Cells Ltd. ("Palcan") is pleased to announce that it has signed a Repayable Contribution Agreement with the National Research Council ("NRC") of Canada's Industrial Research Assistance Program ("IRAP") for the contribution of up to a maximum of $495,000.00 towards the Company's planned commercial advancement. The objective of the program is to develop the next generation of Palcan's fuel cell stack and PalPacTM system technology to a point where commercial performance specifications can be achieved in laboratory testing, and manufacturing cost targets can be more accurately projected. The work will cover two spectrums focusing on water cooled stack and PalPacTM product development. 

Burnaby, British Columbia, Jan. 29 (Bloomberg) -- Ballard Power Systems Inc. President and Chief Executive Officer Dennis Campbell comments on plans by President George W. Bush and the U.S. Department of Energy to increase funding for hydrogen fuel- cell research. Campbell spoke in an interview.

As previously disclosed, in September 2000, a shareholder class action complaint was filed in the federal district court for the Eastern District of New York alleging that Plug Power Inc. ("Plug Power") and various of its officers and directors violated certain federal securities laws by failing to disclose certain information concerning Plug Power's products and future prospects. The action was brought on behalf of a class of purchasers of Plug Power's stock who purchased the stock between February 14, 2000 and August 2, 2000. Subsequently, fourteen additional complaints with similar allegations and class periods were filed. By order dated October 30, 2000, the court consolidated the complaints into one action, entitled Plug Power Inc. Securities Litigation, CV-00-5553(ERK)(RML). By order dated January 25, 2001, the Court appointed lead plaintiffs and lead plaintiffs' counsel. Subsequently, the plaintiffs served a consolidated amended complaint. The consolidated amended complaint extended the class period to begin on October 29, 1999 and alleged claims under the Securities Act of 1933 and the Exchange Act of 1934, and Rule 10b-5 promulgated under the Exchange Act of 1934. Subsequently, plaintiffs withdrew their claims under the Securities Act of 1933. Plaintiffs allege that the defendants made misleading statements and omissions regarding the state of development of our technology in a registration statement issued in connection with Plug Power's initial public offering ("IPO") and in subsequent press releases.

Fuel Cell Technologies (FCT) today announced recently received purchase contracts worth approximately CDN$1 million. 

The U.S. Department of Energy's National Energy Technology Laboratory (NETL) and the Electric Power Research Institute (EPRI) 

NETL has contracted to purchase one of FCT's 5 kW SOFC power units.  NETL will conduct tests on the FCT unit at Morgantown, West Virginia, and then deliver the unit to the U.S. Environmental Protection Agency (EPA). 

The deliverable for the contract with EPRI is lab test results on the FCT unit.  EPRI will develop the performance test plan in cooperation with FCT and NETL.  NETL's FCT unit is scheduled for delivery about mid-2003, with the EPRI tests targeted for completion at the end of September 2003.  Subsequent to completion of its report, EPRI will release results of the performance test to qualifying EPRI funders. 

Stuart Energy Systems Corporation (TSX: HHO - News) announced today that it has been selected by Fortum, a leading Nordic energy company, to supply an intelligent hydrogen fueling station to the city of Stockholm, Sweden under the Clean Urban Transportation Europe (CUTE) project. The CUTE project is an initiative to use hydrogen fuel in the public transportation system of nine European cities. The Stuart Energy hydrogen fueling station will produce, store and dispense pure, clean hydrogen fuel on-site, using just water and electricity. Fueling a bus with hydrogen will be as easy as filling up with gasoline.

The Tokyo metropolitan government said Wednesday it has picked Toyota Motor Corp. and its subsidiary Hino Motors Ltd. to participate in its experiment to use public buses powered by fuel cells on city routes. 

Toyota, Japan's largest automaker, and Hino will supply fuel-cell buses to the metropolitan government which will operate them on regular routes from this summer to gather data on acceleration, fuel efficiency and other aspects of their performance. 
 

World Transport Authority, Inc. (WTAI) (OTC BB:WTAI.OB - News) (Frankfurt:920943) today announced that the company is in negotiations to obtain a substantial ownership in ground-breaking Hydrogen extraction technology, commonly referred to as ``Hydrogen-on-demand.'' This technology is specifically designed to power the WorldStar utility vehicle created by WorldStar for on-site manufacturing in developing nations.

Energy Visions Inc. ("EVI") (OTCBB:EGYV) (TSXV:EVI.S) announces that the date by which it must pay Cdn. $845,328 to acquire a controlling interest in Pure Energy Inc. has been extended while Rabih Holdings Ltd. ("Rabih") reviews the terms of EVI's fund raising plans.
    
On November 13, 2002, EVI announced that it had agreed to acquire control of 51% of the common shares of Pure Energy Inc. ("PEI") through the purchase of 6,000,000 common shares of PEI from Rabih. The Cdn. $845,328 purchase price was to be payable on the earlier of January 31, 2003 and the date of completion of an EVI equity financing in the minimum amount of Cdn $2,000,000. The parties have agreed that a PEI corporate restructuring would help optimize the effects of the total transaction. When Rabih agrees with the terms of the fund raising plans, a new closing date will be mutually agreed for the payment of the purchase price based, in part, on the time required to receive any necessary approvals of the PEI corporate restructuring by the Nova Scotia Business Inc. ("NSBI").