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EATONTOWN, N.J.--Millennium Cell Inc. (NASDAQ: MCEL), a leading developer of hydrogen battery technology, today announced that it has been awarded a contract with the U.S. Air Force Research Laboratory ("AFRL") to develop with its partner Jadoo Power a 300 watt power system that provides 12 hours of runtime for use as a long endurance power supply for U.S. Air Force aeromedical evacuation flights. The combination of Jadoo Power's fuel cells and N-Stor interface technology with Millennium Cell's Hydrogen on Demand(R) fuel technology creates a power system which can address critical power source needs that cannot be achieved with traditional battery technologies. The program will culminate in the fourth quarter of 2007 with a demonstration of a fuel cell system capable of powering the Air Force's Patient Support Pallet, which is designed to improve the survivability of soldiers being evacuated from the battlefield to advanced medical facilities.
Jadoo Power has been a licensee of Millennium Cell's technology since February 2006. The two companies are actively developing Hydrogen on Demand(R) fuel canisters for use with Jadoo Power's N-Gen Fuel Cell Power units and XRT Extended Runtime accessories for emergency response and other industrial and military uses. The XRT uses six metal hydride canisters for hydrogen fuel storage today, which weigh approximately 30 total pounds. With the new chemical hydride-based fuel canister jointly developed by Millennium Cell, the XRT is expected to deliver the same runtime with approximately half the fuel canister weight.
Millennium Cell is currently engaged on multiple programs with AFRL focused on the development of products which utilize Millennium Cell's technology for a wide range of applications including soldier power and unmanned aerial vehicles.
"We are very pleased to get the opportunity to work on a system that has the potential to save lives by extending the mobile medical capabilities of the U.S. military," said Adam Briggs, President. "This mission critical requirement effectively illustrates an application for which fuel cell systems deliver a significant value."
About Millennium Cell
Millennium Cell develops hydrogen battery technology through a patented chemical process that safely stores and delivers hydrogen energy to power portable devices. The borohydride-based technology can be scaled to fit any application requiring high energy density for a long run time in a compact space. The Company is working with market partners to meet demand for its patented process in four areas: military, medical, industrial and consumer electronics. For more information, visit http://millenniumcell.com.
About Jadoo Power
Jadoo Power is a market-focused company
that develops and sells next-generation, portable energy storage and power
generation products. Jadoo Power is a leading commercial supplier of fuel
cell products to the portable power space. Jadoo Power is financed by MD
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