| SOUTH WINDSOR,
Conn.-- UTC Power, a United Technologies Corp. (NYSE: UTX) company, will
receive $8.4 million in U.S. Department of Energy (DOE) funding for two
major hydrogen fuel cell research and development projects the company
is leading.
UTC Power and its research partners
will develop more durable and less costly seals and catalysts for transportation
fuel cell stacks. Seals and catalysts are critical components for enhancing
fuel cell performance; they also must be producible at low cost.
U.S. Energy Secretary Samuel Bodman
on Monday announced $100 million in funding for 25 cost-shared hydrogen
research projects around the country. The President's Hydrogen Fuel Initiative
seeks to make the purchase of fuel cell vehicles both practical and cost-effective
for large numbers of Americans by 2020.
Earlier this month, the Federal Transit
Administration awarded UTC Power and research partners more than $14 million
for three separate fuel cell bus technology development programs.
"We're pleased to be recognized as
a company that can and will continue to make important technical contributions
to the advancement of fuel cell technology," said UTC Power President Jan
van Dokkum. "The Department of Transportation and DOE have both demonstrated
their faith in our ability to bring environmentally advanced products and
solutions to real-life revenue service," he added.
UTC Power is a global leader in development
of fuel cell technology for transportation, onsite power and space and
defense markets. The total number of U.S. patents issued to the company
is 687; there are now 167 pending U.S. patent applications.
Since 1998, the company has been
supplying fuel cell power plants for buses in Washington, D.C., California,
Spain and Italy and recently announced orders for Connecticut and Belgium.
UTC Power has partnerships with several major vehicle manufacturers to
develop fuel cell technology for cars and fleet vehicles.
United Technologies Corp., based
in Hartford, Conn., provides high- technology products and services to
the building and aerospace industries. Its UTC Power unit includes UTC
Fuel Cells and is a full-service provider of environmentally advanced power
solutions. With more than 40 years of experience, UTC Power is a world
leader in developing and producing fuel cells for onsite power, transportation,
space and defense applications, and a developer of innovative combined
cooling, heating and power applications in the distributed energy market.

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