| HydroGen
Corporation Receives $230,000 Grant From the Pennsylvania NanoMaterials
Commercialization Center to Support Advanced Fuel Cell Catalyst Development
CLEVELAND--HydroGen Corporation
(Nasdaq:HYDG), a designer and manufacturer of multi-megawatt air-cooled
phosphoric acid fuel cell (PAFC) systems, announced that the Pennsylvania
NanoMaterials Commercialization Center recently awarded the Company approximately
$230,000 to support the development of advanced fuel cell catalyst systems.
HydroGen will be working in cooperation with the University of Pittsburgh's
Peterson Institute of Nano Science and Engineering on this project. "This
award complements HydroGen's ongoing efforts to develop state-of-the-art
catalysts," said Scott Wilshire, HydroGen's Chief Operating Officer. "Recent
developments in nanomaterials have the potential to yield commercially
available fuel cell catalysts that will lead to longer lifetimes and lower
life-cycle costs."
This award to HydroGen Corporation
is one of three nanomaterials awards being made by the Pennsylvania NanoMaterials
Commercialization Center this round. The Center funds programs that are
judged by its advisory panel to have significant commercial potential.
About the Pennsylvania NanoMaterials
Commercialization Center
The mission of the Pennsylvania NanoMaterials
Commercialization Center is to promote and support the commercialization
of nanomaterials research for new and enhanced products critical to the
U.S. economy and manufacturing base. The Center builds upon Pennsylvania's
excellence in advanced materials research, development and manufacturing,
and it acts as a new model for a public-private partnership among government,
universities, entrepreneurs, small and large companies to accelerate the
transition from nanomaterials invention and innovation to new products
and new companies.
About HydroGen Corporation
HydroGen Corporation, through its
wholly-owned subsidiary, HydroGen, LLC, is a developer of multi-megawatt
fuel cell systems utilizing its proprietary 400 kW phosphoric acid fuel
cell (PAFC) technology. Advancing fuel cell technology originally developed
by Westinghouse Corporation, the Company targets market applications where
hydrogen is currently available and other drivers favoring the adoption
of fuel cells are present. |