| NEW YORK (AP)
-- The president of Medis Technologies, whiich makes liquid fuel cell batteries,
exercised options for 20,000 shares of common stock, according to a Securities
and Exchange Commission filing Friday.
In a Form 4 filed with the SEC, Jacob
S. Weiss reported he exercised the options last Thursday for $8.75 apiece
and then sold all of them the same day for $19.07 apiece.
Insiders file Form 4s with the SEC
to report transactions in their companies' shares. Open market purchases
and sales must be reported within two business days of the transaction.
Medis Technologies is based in New
York.

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