We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Cmr Fuel | LSE:CMF | London | Ordinary Share | GB00B0MKQ219 | ORD 0.6P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 15.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Embargoed Release: 07:00hrs Tuesday 5 February 2008 CMR Fuel Cells Plc (`CMR' or the `Company') Development of PDA and Laptop computer fuel cell demonstration systems CMR Fuel Cells Plc, the specialist developer of high power density fuel cell stacks for portable electronics applications, is pleased to announce that it has developed two new application specific, portable fuel cell demonstration systems which will be unveiled at the forthcoming Fuel Cell Expo in Tokyo. These systems are based on CMR's high power density direct methanol stacks which are tailored for PDA and media player applications which need 3 Watts of power and for laptop computer applications needing 25 Watts of electrical power. The free-standing systems graphically show how methanol powered portable fuel cell systems can `cut the last cord' and are expected to generate strong interest for CMR's stack products amongst visitors representing major OEMs, ODMs and manufacturers at the world's largest fuel cell expo. John Halfpenny, CEO, CMR, commented: `Being able to show CMR stacks functioning in application specific systems is a fantastic step forwards for us. Being able to show customers, partners and prospective customers just what we can do, right in their own `back yard' is a major commercial asset and I am confident it will accelerate the progress we are already making'. Stephen Barlow, Chief Commercial Officer, added: `Having already impressed the consumer electronics market with our technology and design capabilities, this demonstration of a working system in a power range with broad applications further consolidates CMR's position as a leading expert for portable DMFC. We expect this news will excite our on-going relationships as well as generate new interest as confidence builds for the possibilities of fuel cells in portable electronics'. CMR is targeting the portable electronics industry as the first application for the fuel cell stack products that it is developing. CMR believes that this market will offer significant revenue opportunities resulting from the strong and pressing commercial need for extended run-times and rapid recharge for portable consumer products and the sector's history of consistently and rapidly adopting new technologies to meet consumer demand. -Ends- Further Information John Halfpenny CMR Fuel Cells plc 01223 875 544 CEO Andrew Tan Hansard Group 020 7245 1100 www.hansardgroup.co.uk Michael Ansell Investec Investment 020 7597 5970 Banking About CMR CMR Fuel Cells plc is a UK based developer of high-performance compact fuel cell stacks for the portable consumer electronics industry. The Company is currently engaged with a number of consumer electronics OEMs and leading fuel cell system developers and plans to become a leading supplier of small, low-cost stacks for Direct Methanol Fuel Cell (`DMFC') power supply systems. DMFC power systems can deliver longer electrical equipment run-times than conventional battery solutions as well as delivering other superior performance features such as instant recharge, which are ideally suited for modern feature rich, `always on, always connected' wireless devices. In 2006, an estimated 1 billion Li-Ion battery packs were sold world-wide to power portable consumer electronic devices. This number is expected to rise to an estimated 1.9 billion in the year 2008. The 2006 Frost and Sullivan report predicted that sales of consumer portable fuel cells could reach over 38 million units by 2009. CMR has a broad and growing intellectual property portfolio and experienced and capable technical, commercial and management teams which, when combined with its world-class purpose built facilities, strongly positions it at the forefront of its high-growth target markets. END
1 Year Cmr Fuel Cells Chart |
1 Month Cmr Fuel Cells Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions