Stuart Energy Adds New Appointments

Developer and supplier of hydrogen generation and supply systems appoints VP of Business Development. Other team members added.

Published: 20-Nov-2000

TORONTO, Nov. 20 /PRNewswire/ - Stuart Energy Systems Corporation (TSE:HHO), a leading developer of hydrogen generation and supply systems, today announced a new Vice President of Business Development and a new Vice President of Technology.

Mr. Kevin Casey, CA and MBA (University of Western Ontario - Ivey Business School), has recently been promoted to Vice President Business Development at Stuart Energy. Mr. Casey was instrumental in forming the joint venture between Stuart and Chueng Kong Infrastructure. He formerly held the position of Director of Business Development and has been with the Company for 2 years.

In addition, Stuart has also expanded its research and development team by adding 14 people during the quarter ending September 30, 2000. Most notably Dr. Steven Thorpe has taken an extended leave of absence from the University of Toronto to join Stuart as Vice President Technology, reporting to the Chief Technical Officer, Matthew Fairlie. Dr. Thorpe has been consulting with Stuart for 10 years and specializes in metallurgical science. His work on materials research has been critical to the development of Stuart's new technology. Dr. Thorpe brings 20 years of know-how to the Company in this important field.

Joining Dr. Thorpe's technology team is Dr. James Hinatsu, recently appointed Director of Technology, and Dr. Michael Stemp. Dr. Hinatsu has an exceptional fourteen-year track record in both Canada and Japan in PEM and alkaline electrolysis and PEM and alkaline fuel cells. Dr. Michael Stemp recently graduated from EPFL in Switzerland with a PhD in material science and expertise in electrode activation. In total the Company now has 6 PhDs.

Stuart has also expanded its business office by adding Mr. George Kempff as its new Director of Corporate Accounting. Mr. Kempff comes to Stuart with 13 years of experience in corporate accounting and control with knowledge of distribution, control and manufacturing operations from well regarded B to B and B to C companies.

"Business Development and Technology are fundamental to the success of our business plan," said Andrew Stuart, President and CEO of Stuart Energy. "We are delighted to have Kevin and Steven as key members of the team".

Stuart Energy Systems

Stuart Energy Systems Corporation (TSE:HHO) is a leading developer and supplier of hydrogen generation and supply systems, with offices in Canada and the United States. These systems incorporate proprietary water electrolysis technology designed to serve the industrial hydrogen market and the emerging hydrogen fuel market for transportation and regenerative electric power applications. This market has been enabled by the development of electric power technologies such as the hydrogen fuel cell. The Company's website address is: www.stuartenergy.com.

SOURCE Stuart Energy Systems Corporation

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