SymPowerco Fuel Cell Project Begins
September 09 2009 - 6:30AM
Marketwired
SymPowerco Corporation (PINKSHEETS: SYMW) CEO John Davenport
announced today that the company's Flowing Electrolyte Direct
Methanol Fuel Cell Project (FEDMFC) has officially begun at
Carleton University in Ottawa, Canada. The Project Team has held
its first meeting and has developed and assigned the initial
objectives and tasks for the team members, all of whom work within
Carleton's Department of Mechanical and Aerospace Engineering.
In addition to refurbishing the SymPowerco 5 Watt FEDMFC
prototype and bringing it to operational status, initial tasks for
the team include the immediate development of mathematical models
that will be used for operational simulations and the assessment of
virtual and actual FEDMFC data. The team will also conduct expanded
research of related DMFC literature. The Department of Mechanical
and Aerospace Engineering has also decided to expand the team to
include more graduate students. The FEDMFC project is being funded
through a recently announced grant from Ontario Centres of
Excellence.
SymPowerco Corporation develops advanced fuel cell and power
delivery systems for the rapidly growing personal transportation
and portable power system markets that are being created by today's
energy and environmental challenges.
Except for historical information contained herein, the matters
set forth above may be forward-looking statements that involve
certain risks and uncertainties that could cause actual results to
differ from those in the forward-looking statements. Words such as
"anticipate," "believe," "estimate," "expect," "intend" and similar
expressions, as they relate to the Company or its management,
identify forward-looking statements. Such forward-looking
statements are based on the current beliefs of management, as well
as assumptions made by and information currently available to
management. Actual results could differ materially from those
contemplated by the forward-looking statements as a result of
certain factors such as the level of business and consumer
spending, the amount of sales of the Company's products, the
competitive environment within the industry, the ability of the
Company to continue to expand its operations, the level of costs
incurred in connection with the Company's expansion efforts,
economic conditions in the industry and the financial strength of
the Company's customers and suppliers. The Company does not
undertake any obligation to update such forward-looking statements.
Investors are also directed to consider all other risks and
uncertainties.
Contact: Investor Relations 775-636-8486 Email Contact: Email
Contact
Xinliwang (CE) (USOTC:XLWH)
Historical Stock Chart
From Nov 2024 to Dec 2024
Xinliwang (CE) (USOTC:XLWH)
Historical Stock Chart
From Dec 2023 to Dec 2024
Real-Time news about Xinliwang International Holdings Company Ltd (CE) (OTCMarkets): 0 recent articles
More SymPowerco Corp. News Articles