Board unusually quiet for such good news !!! Stock is up 20%+
Medis Fuel Cell Products Now Available In Fry's Electronics Stores
2009-09-23 05:30 PT - News Release
NEW YORK, Sept. 23 /PRNewswire-FirstCall/ -- Medis Technologies Ltd. , a developer of fuel cells for the consumer, military and industrial markets, announced today that its consumer products are now available at Fry's Electronics stores. This marks Medis' first distribution agreement with an on-site retailer. Fry's Electronics is a leading big-box retailer of computers, consumer electronics, and appliances with some 35 stores in about 10 states, notably California and Texas.
Medis' consumer line includes The 24/7 Xtreme Portable Fuel Cell Charger and a product designed for emergency situations, the Xtreme Fuel Cell Emergency Kit, along with replacement fuel cells. The 24/7 Xtreme is the world's first personal, portable, fuel cell power system designed for smart phones and most common handheld electronics. A simple squeeze and shake delivers 20 watt-hours of power, ideal for business travel and "off-the-power-grid" applications such as in-field use, camping, and emergency situations. The Xtreme has near universal compatibility with the included multiple connectors to recharge or power your portable devices using the included standard USB, Mini USB, Micro USB, Palm Treo, and Nokia tips.
The Company's proprietary technology uses electrochemical energy - no greenhouse gases, no carbon footprint from the chemistry at all (although the container is plastic), and entirely recyclable. Unlike batteries, it does not self-discharge prior to activation, so it does not "die on the shelf."
Jose Mejia, Medis Chairman and CEO said, "We are very pleased to announce our first on-site retail distribution deal to complement our presence with several prominent online retailers. Fry's Electronics stores provide high-tech customers a one-stop shopping solution for all their electronic needs, and we believe that they will respond positively to our unique green charging and emergency power solutions."
For more information about Medis Technologies and the company's variety of fuel cell powered products, please visit www.medistechnologies.com.
