SymPowerco Announces Fuel Cell Prototype Objectives
March 05 2010 - 5:27PM
Marketwired
SymPowerco Corporation (PINKSHEETS: SYMW) CEO John Davenport today
announced the primary objectives of the recently announced fuel
cell prototype project that is intended to address several aspects
of performance, durability, scalability, manufacturing methods and
economics of the company's unique Flowing Electrolyte Direct
Methanol Fuel Cell ("FEDMFC").
The primary objective of the program will be to dramatically
improve reaction kinetics at the FEDMFC's anode. The methanol
reaction mechanisms in all Direct Methanol Fuel Cells are more
complex than those of hydrogen resulting in excessive voltage drops
(activation polarization) that occur during the activation phase of
the reaction. SymPowerco expects to advance its bipolar plate
designs and operating parameters with a view to increasing both the
rate and quality of methanol reactions without an increase in
catalyst quantities. Particular attention will be given to
improving reaction gas removal from the reaction zone in order to
optimize both fuel flow and catalyst availability.
Reducing Activation Polarization will require the development of
an advanced "Balance of Plant" ("BoP"). As a result, various FEDMFC
support equipment configurations and operating parameters will be
tested. The objectives relative to the BoP design and testing will
be two-fold. The first objective is the improvement of reaction
kinetics, as stated. The second objective of this aspect of the
project will be to test the scalability of single stack and
multiple stack configurations operating with a single BoP design.
The company is of the opinion that increasing fuel cell output with
multiple stack configurations need not cause a proportionate
increase in BoP power demands, thus indicating increased energy
efficiencies in multi-stack configurations.
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
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