Replies to post #3496 on Inspirations

[Missy]

MCEL...Protonex and Millennium Cell to Demonstrate Portable Power System at the Tactical Power Sources Summit in Virginia
Business Wire - January 27, 2005 08:00

EATONTOWN, N.J., Jan 27, 2005 (BUSINESS WIRE) -- Millennium Cell Inc. (NASDAQ:MCEL), a leading developer of hydrogen energy systems, and its fuel cell partner, Protonex, today announced that they will be displaying a prototype 30 Watt portable power system at the Tactical Power Sources Summit Conference. The conference is being held from January 31st through February 2nd at the Sheraton National in Arlington, Virginia.

This integrated power system will be the first deliverable under a previously announced U.S. Air Force Research Laboratory, Dual Use Science and Technology ("DUST") contract awarded to Protonex. Under this program, Protonex and Millennium Cell are integrating Millennium Cell's hydrogen energy system with Protonex's PEM fuel cell system to provide an integrated fuel cell power source to provide critical soldier power for extended field missions. The prototype system is scheduled to be delivered to the Air Force in February of 2005.

This first deliverable under the Air Force program represents a substantial improvement in energy density and cost over the batteries used today by the U.S. Military. Today, a soldier on a 72-hour mission needs to carry 13 batteries that weigh about 29 pounds. The current Protonex and Millennium Cell solution is comprised of a fuel cell system accompanied by 3-5 snap-in fuel cartridges that weigh less than 15 pounds. Later in 2005, the companies expect to deliver a next generation system to the Air Force that will weigh less than 10 pounds. This mission-ready version of this system will be less than 1/2 the cost of the incumbent battery technology making it a significant value add for a number of military portable power applications.

About Millennium Cell

Millennium Cell Inc. is engaged in the development of next generation hydrogen energy systems for use primarily in portable electronic devices for the consumer, medical, military and industrial markets. These energy systems offer runtime, weight, safety and cost advantages in an attractive form factor versus existing solutions. Millennium Cell is developing this technology in partnership with corporate and government entities. For more information, visit http://millenniumcell.com.

About Protonex Technology Corporation

Established in 2000, Protonex manufactures long duration, portable and remote power sources. Protonex provides complete power solutions to OEM customers for portable and remote off-grid applications under served by existing battery, generator, solar and other power technologies. The company's innovative fuel cell products complement existing power technologies and are utilized in hybrid designs for customer applications in the 10 to 500 Watt power range. For more information, visit http://www.protonex.com.

Cautionary Note Regarding Forward-looking Statements:

This press release may include statements that are not historical facts and are considered "forward-looking" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect Millennium Cell's current views about future events and financial performance and are subject to risks. Investors should not rely on forward-looking statements because they are subject to a variety of risks, uncertainties and other factors, many of which are outside of our control, that could cause actual results to differ materially from Millennium Cell's expectations, and Millennium Cell expressly does not undertake any duty to update forward-looking statements. These factors include, but are not limited to, the cost and timing of development of Millennium Cell's hydrogen fuel storage and delivery system; the cost and commercial availability of the quantities of raw materials required by the hydrogen fuel storage and delivery systems; and other factors discussed under the caption "Investment Considerations" in Millennium Cell's Annual Report on Form 10-K for the year ended December 31, 2003.

SOURCE: Millennium Cell Inc.

Millennium Cell
John Battaglini, 732-544-5715
or
Brod & Schaffer, LLC
Investors:
Betsy Brod/Jonathan Schaffer, 212-750-5800

Copyright (C) 2005 Business Wire. All rights reserved.

[trading4art]

MCEL

[Missy]

MCEL...

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[Missy]

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[trading4art]

MCEL Millennium Cell to Power Laptop with Hydrogen Energy System at Intel Developer Forum
Wednesday February 23, 4:59 pm ET
First Hydrogen Energy System That Can Fit inside the Device


SAN FRANCISCO--(BUSINESS WIRE)--Feb. 23, 2005--Millennium Cell Inc. (NASDAQ: MCEL - News), a leading developer of hydrogen energy systems, today announced that it will demonstrate a next generation product prototype to power a notebook PC at the Intel Developer Forum from March 1st through March 3rd at the Moscone Convention Center in San Francisco. Millennium Cell's technology will be on display in the Intel Pavilion at Intel's booth #17.



Improving upon the previous system demonstrated at the Intel Developer Forum last fall, this system combines Millennium Cell's portable hydrogen fuel source technology with a PEM fuel cell to power an IBM X40 ThinkPad notebook PC. The fuel supply is contained in a sealed, single use cartridge similar in size and shape to a traditional battery pack, and the flat-panel passive (high efficiency) fuel cell affixes to the back of the PC's screen.

This demonstration illustrates the next step in the Company's application of its technology to power consumer electronic devices without any loss of portability or functionality. The latest system includes a thin fuel cell that has appropriate dimensions to fit in the laptop and improved performance specifications from the previous version. With the advent of this latest product prototype, the Company remains on track to develop a power source which can meet the goal of all day wireless computing.

"Once again, we are excited to be present at the forum, and we are particularly pleased to have our system in the Intel pavilion of the Intel Developer Forum technical showcase," said H. David Ramm, Millennium Cell President and CEO. "At the forum, we have an opportunity to show that our technology works and is appropriately sized for laptop use. As important, we gain further insight into the required performance specifications first hand from device manufacturers. Another objective of our attendance is to explore ways to collaborate with laptop OEM's to achieve the collective vision of all day wireless computing."

Kamal Shah, Mobility Enabling Initiative Manager, Mobile Platforms Group, Intel Corporation and Chairman, Mobile PC Extended Battery Life (EBL) Working Group, commented, "Millennium Cell's demonstration of this next generation fuel cell prototype shows tangible progress toward the Extended Battery Life Working Group's primary objective of the realization of all-day battery life for mobile PCs."

About Millennium Cell

Millennium Cell Inc. is engaged in the development of next generation hydrogen energy systems for use primarily in portable electronic devices for the consumer, medical, military and industrial markets. These energy systems offer runtime, size, weight, safety and cost advantages versus existing solutions. Millennium Cell is developing this technology in partnership with corporate and government entities. For more information, visit http://millenniumcell.com.

More information about EBL WG can be found at www.eblwg.org.

Cautionary Note Regarding Forward-looking Statements:

This press release may include statements that are not historical facts and are considered ``forward-looking'' within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect Millennium Cell's current views about future events and financial performance. These forward-looking statements are identified by their use of terms and phrases such as ``believe,'' ``expect,'' ``plan,'' ``anticipate'', "on target" and similar expressions identifying forward-looking statements. Investors should not rely on forward-looking statements because they are subject to a variety of risks, uncertainties and other factors that could cause actual results to differ materially from Millennium Cell's expectations, and Millennium Cell expressly does not undertake any duty to update forward-looking statements. These factors include, but are not limited to, the following: (i) the cost and timing of development and market acceptance of Millennium Cell's hydrogen fuel storage and delivery system, (ii) the cost and commercial availability of the quantities of raw materials required by the hydrogen fuel storage and delivery systems, (iii) competition from current, improving and alternative power technologies, (iv) our ability to raise capital at the times, in the amounts and at the costs and terms that are acceptable to fund the development and commercialization of our hydrogen fuel storage and delivery system, (v) our ability to protect our intellectual property, (vi) our ability to achieve budgeted revenue and expense amounts and (vii) other factors detailed from time to time in Millennium Cell's filings with the Securities and Exchange Commission.



--------------------------------------------------------------------------------
Contact:
For Millennium Cell:
John D. Giolli, 732-542-4000



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Source: Millennium Cell Inc.

[trading4art]

MCEL StreetInsider Alert for MCEL

Thursday , February 24, 2005 08:00 ET

Feb 24, 2005 (streetinsider.com via COMTEX) --Millennium Cell Inc. (NASDAQ: MCEL) announced that it will demonstrate a next generation product prototype to power a notebook PC at the Intel Developer Forum from March 1st through March 3rd at the Moscone Convention Center in San Francisco. Millennium Cell's technology will be on display in the Intel Pavilion at Intel's booth #17. First Hydrogen Energy System That Can Fit inside the Device.

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Public Companies Associated with this story:
(NASDAQ NM: MCEL) (NASDAQ SC: MCEL)

[trading4art]

MCEL/DOW: To Accelerate Commercialization of Fuel Systems

Monday , February 28, 2005 06:39 ET

Millennium Cell Inc. (MCEL) and The Dow Chemical Company (DOW) announced that they have entered into a joint development program to collaborate on the development and commercialization of portable fuel cell systems for use in consumer electronics and military applications. These energy systems will be based upon Millennium Cell's patented Hydrogen on Demand(R) technology in conjunction with Proton Exchange Membrane fuel cells.