| COLONIE --
An unfortunate situation for Dell Inc. may create opportunity for MTI MicroFuel
Cells Inc., a Colonie company developing fuel cells for personal electronic
devices.
On Monday, Dell voluntarily recalled
4.1 million lithium-ion laptop computer batteries made by Sony Corp. The
batteries were found to overheat and possibly catch fire under some conditions.
MTI Micro is developing a new kind
of fuel cell for personal electronics that runs on methanol. It struck
a $1 million deal in May with Samsung Electronics Co. Ltd. to develop fuel
cells for the South Korean electronics giant.
Although the Dell recall isn't expected
to immediately hurt lithium-ion battery sales, fuel-cell technology has
received attention because of the recall.
George Relan, a spokesman for MTI
Micro, said the recall has shed light on the fact that as manufacturers
look to get more and more power into small electronic devices, fuel cells
will have a huge market because they lead batteries in so-called "energy
density," which measures how much power can be put into a device.
"This is where methanol fuel cells
win," Relan said. "Battery life is really important."
However, shares of Mechanical Technology
Inc. (Nasdaq: MKTY), the parent of MTI Micro, did not not receive an immediate
bounce from the Dell news. Its stock remained in the $2.25-a-share range
this week.
On the day after the Dell announcement,
Michael Kanellos, a writer with the popular personal electronics publication
CNET News.com, wrote that "momentum is growing" for companies like MTI
Micro that are developing alternatives to lithium-ion batteries.
Pradeep Haldar, director of the Energy
and Environmental Technology Applications Center at the University at Albany's
College of Nanoscale Science and Engineering, said the need to develop
alternative-energy sources such as micro fuel cells "is increasingly being
recognized as critical to our country's future, both from an energy and
economic perspective."

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