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Astris Energi Appoints Vice President Of Marketing And Corporate Development
MISSISSAUGA, ONTARIO, CANADA, February 17, 2004 -- Astris Energi Inc. (OTC Bulletin Board - ASRNF), the world's leading alkaline fuel cell (AFC) technology company, today announced the appointment of Peter Nor as Vice President Marketing and Corporate Development.
Mr. Nor is a Professional Engineer and an MBA with solid experience in both technical marketing and research and development. He has professional experience as a Network and Business Planner for Nortel Networks and as a Research Council Officer at the Institute for Aerospace Research of the National Research Council Canada. Mr. Nor joined Astris in January 2004.
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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
