Fuel Cell Companies listed in Canada

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(Old) Zongshen PEM picks Britton to chair advisory board

2005-04-05 19:23 ET - News Release

Mr. Jim Wei reports

ZONGSHEN PEM POWER SYSTEMS INC. ANNOUNCES RONALD BRITTON'S APPOINTMENT AS CHAIRMAN OF ITS ADVISORY BOARD

Zongshen PEM Power Systems Inc. will be engaging Ronald Britton as the chairman of its advisory board. In his role as the chairman of advisory board, Mr. Britton will assist in Zongshen PEM's efforts in identifying potential strategic partners for Zongshen PEM, negotiating joint ventures, partnership agreements and co-operation agreements; planning operating budgets; and obtaining government funding from various government agencies.

Mr. Britton recently retired as the president and chief executive officer of Fuel Cells Canada in 2004. In his capacity as the president and chief executive officer of Fuel Cell Canada, Mr. Britton advocated the development and commercialization of the Canadian fuel cell industry to provincial and federal agencies. The company believes that his experience in dealing with various government agencies will assist Zongshen PEM to seek out and secure government funding for its research and development of fuel cell technologies.

Before Mr. Britton joined Fuel Cell Canada, he served as the senior vice-president of emerging energy application at Methanex from 1999 to 2002. In that capacity, Mr. Britton gained significant experience in the renewable and non-renewable energy industry. His successful record in developing agreements with international business partners in a highly technical environment and his experience in developing strong business and project relationships with government agencies will provide Zongshen PEM a level of contacts and experience needed for future success.

"Mr. Britton brings a level of contacts that can give us access to many important decision makers in government and in international and domestic corporations. Mr. Britton's knowledge and experience in developing strategic alliances with international business partners, planning and operating budgets and managing large technologically advanced companies will assist us in implementing our development strategies," said Jim Wei, Zongshen PEM's president