HbT-Visteon Alliance Aims to Speed Fuel Cells to Market
RANCHO DOMINGUEZ, Calif.--(BUSINESS WIRE)--March 7, 2001--Hydrogen Burner Technology (now doing business as HbT) and Visteon Corp. (NYSE:VC) have formed an exclusive engineering, development and manufacturing alliance to commercialize HbT's hydrogen fuel processors for use in proton exchange membrane (PEM) fuel cell systems.
The production of hydrogen in an efficient and economic form is one of the last challenges for the continued progress and practical application of fuel cells on a mass-market basis.
The agreement calls for Visteon to provide engineering, design and support services to HbT for its fuel processors, including design and manufacturing for HbT's facility in Rancho Dominguez. Visteon will concurrently provide contract manufacturing, as HbT's customer volume grows, to deliver commercial hydrogen fuel processor systems as an exclusive supplier to HbT.
"Visteon's vast experience in manufacturing will significantly accelerate our efforts to accomplish targeted unit cost reductions in order to achieve large-scale commercial production of our fuel processors," said HbT President and CEO David Moard.
HbT specializes in state-of-the-art, prepackaged on-site hydrogen generation systems for a range of industrial applications, and fuel processors for use in residential, remote and premium power fuel cell systems. These innovative systems will help usher in cleaner, more efficient energy production and use.
HbT was founded in 1992 and has headquarters and manufacturing facilities in Rancho Dominguez, with a research and development center in nearby Long Beach. HbT makes fuel processors to supply hydrogen for both stationary and transportation fuel cell applications, as well as on-site hydrogen generators for industrial market applications and hydrogen fueling stations for transportation applications. HbT is best known for its patented Under-Oxidized Burner (UOB(TM)) technology, a clean, economical method for producing hydrogen from natural gas, propane and other hydrocarbon-based fuels.
For more information about HbT, visit the Web site at www.hbti.net, e-mail firstname.lastname@example.org or phone 310/900-0400.
Visteon Corp. is a leading full-service supplier that delivers consumer-driven technology solutions to automotive manufacturers worldwide and through multiple channels within the global automotive aftermarket. Visteon has 80,000 employees and a global delivery system of more than 130 technical, manufacturing, sales and service facilities located in 23 countries.
For more information about Visteon Corp., visit www.visteon.com.
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