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Posted: February 13, 2008
Pacific Fuel Cell Relocates MEA Research & Development to Ohio
(Nanowerk News) Pacific Fuel Cell Corp. (OTCBB:PFCE), a specialty component manufacturer for the fuel cell industry, announced today that it is relocating its Riverside, California-based membrane electrode assembly (“MEA”) research and development facility to its 24,000-square-foot Willoughby, Ohio-based plant, effective immediately.
“We are centralizing our products into one facility to take advantage of our existing manufacturing structure,” said George Suzuki, chief executive officer and president of Pacific Fuel Cell. “The relocation of our lab to Willoughby paves the way for the company to move from the research phase of nano MEA technology to the production phase.
“We believe Pacific Fuel Cell is the only fuel cell component company to offer bipolar plate manufacturing and MEA technology. This move provides us with greater opportunities to introduce our nano MEA platform to new and existing bipolar plate manufacturing customers, and prepares us for future growth opportunities,” Suzuki added.
Dr. Yushan Yan will remain at UC Riverside and continue to serve as the company’s chief scientific advisor and director.
About Pacific Fuel Cell
Pacific Fuel Cell Corp. is a nanotechnology company committed to producing fuel cell components with reduced cost and higher performance in the portable, stationary and micro fuel cell market. Products include low and high temperature BPPs, compression molding BPPs for high volume customers and pressed plates using a CNC process for low volume customers.
For more information about Pacific Fuel Cell, please visit www.pfce.net
Certain matters discussed in this press release, including, but not limited to the expected growth of the fuel cell industry and increase in demand for the company’s technology, may constitute forward-looking statements within the Private Securities Litigation Reform Act of 1995 and, as such, may involve known and unknown risks and uncertainties. Other factors also may cause actual results to be materially different from the results implied herein. Readers are cautioned not to place undue reliance on the forward-looking statements made in this press release.