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Ballard Confirms Close of Transaction to Sell Automotive Fuel Cell Assets

Publication Date:31-Jan-2008
02:30 PM US Eastern Timezone
Source:Ballard

Company to Concentrate on Commercial Markets

VANCOUVER, BRITISH COLUMBIA--Ballard Power Systems (Toronto:BLD.TO)(Nasdaq GM:BLDP) confirmed that the previously announced transaction to sell the company's automotive fuel cell assets to Daimler AG and Ford Motor Company closed today as planned.

About Ballard Power Systems

Ballard Power Systems Inc. is recognized as a leader in the development, manufacture and sale of hydrogen fuel cells. Ballard's mission is to make fuel cells a commercial reality. To learn more about what Ballard is doing with Power to Change the World®, visit www.ballard.com.


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