Replies to post #14511 on Xinliwang Intl Hldgs. Co. Ltd. (XLWH)

[FRIED]

Ballard Receives Federal Government Funding to Advance Fuel Cell Power Module Technology

- Design improvements will be implemented on test transit buses to be operated in Metro Vancouver
- Will move technology closer to commercialization

VANCOUVER, Jan. 21 /PRNewswire-FirstCall/ - Ballard Power Systems (TSX: BLD; NASDAQ: BLDP) announced that it has been awarded up to $4.8 million by Sustainable Development Technology Canada (SDTC) for a project to further develop fuel cell power module technology for the transit bus market. Design improvements will be implemented on test buses to be operated in Metro Vancouver, beginning in the fourth quarter of 2010.

"The Government of Canada is committed to supporting alternate sources of energy, including hydrogen," said the Honourable Stockwell Day, President of the Treasury Board and Minister for the Asia-Pacific Gateway. "By supporting innovative hydrogen and fuel cell research projects, such as Ballard's power module, we are putting more zero-emissions vehicles on the road while creating high quality jobs and improving the health of Canadians