More News on this today..
Jul 8, 2008 08:31:53 (ET)
LAS VEGAS, NV, Jul 08, 2008 (MARKET WIRE via COMTEX) -- SymPowerco Corporation (PINKSHEETS: SYMW) CEO John Davenport, announces today that the company has entered negotiations aimed at establishing further technological relationships identified by a broad-based review of the company's Flowing Electrolyte Direct Methanol Fuel Cell (FE FMFC) technologies.
The review included the previous corporate and academic developers of the company's 5W FE DMFC. The development of SymPowerco's FE DMFC has also included programs conducted by the Technical University of Graz (Austria), the Canadian National Research Council and the Alberta Research Council. Approximately $10 million has been invested in the technology to date.
Stated SymPowerco CEO John Davenport, "The discussions we've had with the previous participants indicate that our 5 Watt FE FMFC is sufficiently advanced that we can very much narrow the focus of our development needs. SymPowerco has already begun the negotiations needed to bring the needed expertise and relationships on board. We expect these relationships to provide to SymPowerco the intellectual and industrial strength we need to move this project rapidly towards commercialization."
SymPowerco Corporation develops advanced fuel cell and power delivery systems for the rapidly growing personal transportation and portable power system markets being created by today's energy and environmental challenges.
Market Data 
Markets 
AI
