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Astris Energi's 2.4KW Alkaline Fuel Cell Generator Was Star Attraction At Czech Republic Energy Exhibition
MISSISSAUGA, ONTARIO, CANADA, February 11, 2004 -- Astris Energi Inc. (OTC Bulletin Board - ASRNF), the worldÇs leading alkaline fuel cell (AFC) technology company, today reported that its 2.4 kW model E8 fuel cell power generator was the star attraction among leading edge technologies at the international INFOTHERMA exhibition held in Frylant, Czech Republic, January 19-22, 2004.
The exhibition and conference featured a four day program of lectures and seminars, focusing on energy management and savings, with emphasis on utilization of renewable / sustainable energy sources in an economical and ecological manner. This was the 11th annual INFOTHERMA exhibition, which is the largest event of its kind in Eastern Europe. There were 253 exhibitors from the countries of European Union and Czech and Slovak Republics. The exhibits were viewed by more than 25,000 visitors.
AstrisÇ display was the exhibitionÇs first ever of a hydrogen fuel cell demonstrated as an efficient and ecological system that could be used for cogeneration (simultaneous generation of electricity and heat) in small and medium-size buildings. AstrisÇ display spread over some 230 sq.ft. was prominently located near the main entrance to the exhibit hall. Excellent reviews were expressed by visitors and many enquiries about Astris alkaline fuel cell technology were received from interested parties.
One of the principal scientists of Astris s.r.o. in the Czech Republic, Dipl.Ing. Vladimir Civin presented a paper ÑFuel Cells for Lighting and Heating in Family Dwellings and other Small and Medium Buildingsâ. The model E8 AFC generator shown at the exhibition alongside other Astris fuel cell products can provide 2.4 kW electrical power, with a significant overload factor, and a similar amount of useful heat. The generator has been extensively tested since November 2003 and the results obtained so far significantly exceeded the design parameters.
Models E7 and E8 generators also shown at the exhibition were the first in the series of Astris AFC systems utilizing the third generation Astris POWERSTACKTM MC250 technology.
The INFOTHERMA exhibition and conference was officially sanctioned by the Ministry of Industry and Trade of Czech Republic, Ministry of Environment, Czech Energy Agency, The State Fund for Environment of Czech Republic, Ministry of Agriculture and Ministry of Regional Expansion of Czech Republic. The conference attracted local and foreign participants as well as dignitaries, including the Minister of Environment of Czech Republic, Mr. Libor Ambrozek.
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About Astris Energi Inc.
Astris is a late-stage development company committed to becoming the leading provider of affordable fuel cells and fuel cell generators internationally. Over the past 20 years, Astris has developed a fuel cell that has competitive advantages over other alkaline fuel cells and other fuel cell types, including its relatively low cost, high efficiency, and rapid start-up even in sub-zero temperatures. The company is commencing pilot production of its POWERSTACK™ MC 250 technology in 2004. Astris is the only publicly traded company in North America focused exclusively on the alkaline fuel cell. Additional information is available at the company's website at www.astris.ca
Forward-Looking Statements
Any statements in this release that are not statements of fact may be considered "forward looking statements" as that term is defined under securities laws in the United States and Canada. Forward-looking statements are only predictions and may differ materially from actual events or results.
Contacts: For further information, please contact: Anthony Durkacz Vice President of Finance Astris Energi Inc. Phone: 905-608-2000 Fax: 905-608-8222 E-mail: adurkacz@astris.ca Note: Parties interested in receiving Astris news releases or corporate documents may e-mail such a request to adurkacz@astris.ca. They can also review the Company's website at www.astris.ca or its public documents at www.sedar.com or www.sec.gov
