Fuel Cell Works Supplemental News Page

**DTE Energy Purchases Stuart Energy Hydrogen Station for Power Park Project**
Publication date: 29-April-2004 Source:DTE
Stuart Energy Systems Corporation (TSX: HHO) announced today that DTE Energy has selected a Stuart Energy Station (SES) to fuel its hydrogen technology park project in Southfield, Michigan. DTE Energy has purchased a SES-f to provide clean hydrogen to zero-emission hydrogen-powered vehicles as well as enable peak shaving. The technology park project is intended provide critical insight into the role of hydrogen in the world's energy system. The SES-f uses electricity to separate water into its constituent elements, hydrogen and oxygen. The system is expected to operate during the evening, taking advantage of off-peak power prices to produce and store hydrogen. This hydrogen is then used in fuel cells to produce electricity during high-value peak periods. The environmentally friendly hydrogen will also be used to fuel emission free vehicles that use DTE Energy's technology park. The park is scheduled to open in the fall of 2004. "This project demonstrates the multi-purpose functionality of our SES product line," commented Jon Slangerup, President and CEO of Stuart Energy. "We are providing integrated hydrogen infrastructure solutions that enable our customers to fully utilize their capital assets and take advantage of off-peak electricity rates to reduce operating costs. At the same time this asset enables environmental and energy security benefits derived from using hydrogen as an effective storage medium for converting low value electricity into high value energy and fuel." "With the Hydrogen Technology Park, DTE Energy continues its commitment to leadership in clean and renewable energy technologies," said Anthony F. Earley Jr., DTE Energy chairman and CEO. "Each step in this exploration moves us closer to the next era of energy - an era when energy becomes safer, quieteer, more reliable and cleaner than ever before." The SES-f that will be supplied to DTE Energy is capable of producing and delivering 30 Nm3h of hydrogen at 5000 psi to vehicles. This system was designed to meet the fueling needs of 3 passenger vehicles per day. The integrated system is composed of four modules: Hydrogen Generation, Compression, Storage and Fuel Dispenser. Stuart Energy also provides Power Modules for distributed power applications. About Stuart Energy Stuart Energy Systems Corporation (TSX: HHO) is the world leading developer and supplier of integrated hydrogen infrastructure solutions that serve existing and emerging markets for power generation, transportation and industrial applications. The Company's website address is http://www.stuartenergy.com This release includes forward -looking statements, which are based on certain assumptions and reflect management's current expectations as contemplated under the Safe Harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward -looking statements are subject to a numbeer of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of these factors include: general global economic conditions; general industry and market conditions and growth rates; uncertainty as to whether our strategies and business plans will yield the expected benefits; increasing competition; availability and cost of capital; the ability to identify, develop and achieve commercial success for new products, services and technologies; the level of expenditures necessary to maintain or improve the quality of products and services; changes in technology; changes in laws and regulations, including codes and standards, intellectual property rights, and tax matters; the uncertainties of the emerging hydrogen economy, including the hydrogen economy growing at a slower pace than is anticipated; our ability to secure and maintain strategic relationships; the availability of, and ability to retain, key personnel; and the failure of the Company to effectively integrate acquisitions. Additional factors are discussed in our materials filed with the securities regulatory authorities from time to time. We disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Contacts Stuart Energy, Media and Public Relations Wanda Cutler 416.576-3480 or DTE Energy Scott Simons 313.235.8808 ~

Stuart
Energy Systems Corporation (TSX: HHO) announced today that DTE Energy has
selected a Stuart Energy Station (SES) to fuel its hydrogen technology
park project in Southfield, Michigan. DTE Energy has purchased a SES-f
to provide clean hydrogen to zero-emission hydrogen-powered vehicles as
well as enable peak shaving. The technology park project is intended provide
critical insight into the role of hydrogen in the world's energy system. 
The SES-f uses electricity to separate
water into its constituent elements, hydrogen and oxygen. The system is
expected to operate during the evening, taking advantage of off-peak power
prices to produce and store hydrogen. This hydrogen is then used in fuel
cells to produce electricity during high-value peak periods. The environmentally
friendly hydrogen will also be used to fuel emission free vehicles that
use DTE Energy's technology park. The park is scheduled to open in the
fall of 2004. 
"This project demonstrates the multi-purpose
functionality of our SES product line," commented Jon Slangerup, President
and CEO of Stuart Energy. "We are providing integrated hydrogen infrastructure
solutions that enable our customers to fully utilize their capital assets
and take advantage of off-peak electricity rates to reduce operating costs.
At the same time this asset enables environmental and energy security benefits
derived from using hydrogen as an effective storage medium for converting
low value electricity into high value energy and fuel." 
"With the Hydrogen Technology Park, DTE
Energy continues its commitment to leadership in clean and renewable energy
technologies," said Anthony F. Earley Jr., DTE Energy chairman and CEO.
"Each step in this exploration moves us closer to the next era of energy
- an era when energy becomes safer, quieteer, more reliable and cleaner
than ever before." 
The SES-f that will be supplied to DTE
Energy is capable of producing and delivering 30 Nm3h of hydrogen at 5000
psi to vehicles. This system was designed to meet the fueling needs of
3 passenger vehicles per day. The integrated system is composed of four
modules: Hydrogen Generation, Compression, Storage and Fuel Dispenser.
Stuart Energy also provides Power Modules for distributed power applications. 
About Stuart Energy 
Stuart Energy Systems Corporation (TSX:
HHO) is the world leading developer and supplier of integrated hydrogen
infrastructure solutions that serve existing and emerging markets for power
generation, transportation and industrial applications. The Company's website
address is http://www.stuartenergy.com 
This release includes forward -looking
statements, which are based on certain assumptions and reflect management's
current expectations as contemplated under the Safe Harbor provisions of
the U.S. Private Securities Litigation Reform Act of 1995. These forward
-looking statements are subject to a numbeer of risks and uncertainties
that could cause actual results or events to differ materially from current
expectations. Some of these factors include: general global economic conditions;
general industry and market conditions and growth rates; uncertainty as
to whether our strategies and business plans will yield the expected benefits;
increasing competition; availability and cost of capital; the ability to
identify, develop and achieve commercial success for new products, services
and technologies; the level of expenditures necessary to maintain or improve
the quality of products and services; changes in technology; changes in
laws and regulations, including codes and standards, intellectual property
rights, and tax matters; the uncertainties of the emerging hydrogen economy,
including the hydrogen economy growing at a slower pace than is anticipated;
our ability to secure and maintain strategic relationships; the availability
of, and ability to retain, key personnel; and the failure of the Company
to effectively integrate acquisitions. Additional factors are discussed
in our materials filed with the securities regulatory authorities from
time to time. We disclaim any intention or obligation to update or revise
any forward-looking statements, whether as a result of new information,
future events or otherwise.

  

Contacts  

 

   

 Stuart Energy, Media and Public
Relations

Wanda Cutler

416.576-3480

or

DTE Energy

Scott Simons

313.235.8808 

 