H Power Introduces Fuel Cell To Japanese Market

Firm to rollout its new EPAC 500 fuel cell by introducing the first version specifically designed for the Japanese market.

Published: 25-Feb-2002

CLIFTON, N.J.--Feb. 25, 2002-- H Power Corp. (Nasdaq:HPOW), a leading fuel cell development company, today announced that it will continue the rollout of its new EPAC 500 fuel cell by introducing the first version specifically designed for the Japanese market.

The new product will be introduced at the invitation-only U.S. ECO-Energy 2002 Exhibition & Seminar on February 27 to February 28, 2002. The exhibition and seminar is being held at the MIPRO M-1 Hall, Sunshine City, Ikebukuro, Tokyo, Japan. Senior management participants will include H. Frank Gibbard, Chief Executive Officer, and William Zang, Chief Financial Officer. Mr. Gibbard is scheduled to present from 11:30 a.m. to 12:20 p.m. on Wednesday, February 27.

H. Frank Gibbard, Chief Executive Officer of H Power Corp., stated, "Japan represents an enormous market opportunity for our fuel cell products. The launch of the EPAC 500 is another step in the continued expansion of our product lines in Japan. Through H Power Japan, a partnership with Mitsui & Co., Japan's largest trading company, and together with other strategic relationships, H Power has over the years increased and strengthened its presence in Japan and is well positioned to address this growing market opportunity. Following our successful presentation at the last ECO-Energy seminar in 2000, we are pleased to be invited again to participate in this prestigious event."

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