Research Collaboration

    Embargoed Release: 07:00hrs Monday 14th May 2007

                              CMR Fuel Cells Plc                               

                           (`CMR' or the `Company')                            

           Automated Design of New Materials for Fuel Cell Catalysts           

CMR Fuel Cells Plc, the Cambridge based compact fuel cell stack specialist,
together with its partners Johnson Matthey Plc and Accelrys Inc, is pleased to
announce the formation of a UK based Research Consortium. Funding has been
awarded through the Autumn 05 Technology Programme competition for funding. In
support of the ground breaking project the DTI will make available to the
Consortium a total of £1.15 million over the duration of the three-year
contract.

Alistair Darling, Secretary of State for Trade and Industry, commented:

"Cambridge has always been an ideas and innovation powerhouse, we are backing
it all the way. Innovation and new ideas translate into new jobs, which
benefits the region and the UK as a whole."

" That's why we're investing £1.15m in this collaboration to help further
develop hydrogen technology for cars and other products and make it cheaper and
more efficient. This research is good for consumers and the environment,
potentially cutting costs and emissions."

" We've invested more than £11 million in the Cambridge region since 2004 to
companies to develop cutting edge technology, through DTI's Technology
Programme."

The partners will research and develop expertise in the areas of catalyst
science and materials modelling to develop predictive methods for the
development of advanced low-cost catalysts.

The consortium aims to develop and validate a unique set of predicative tools
based upon the latest scientific understanding of how electrocatalysts
function. In doing so, it aims to accelerate the progress towards commercial
application for fuel cells and represents a fundamental advancement of catalyst
research.

Through this collaboration, CMR expects to be able to significantly expand the
range and performance of its highly selective, low cost catalysts adopted in
its unique mixed-reactant fuel cell stack architecture. This will allow CMR to
deliver smaller, cheaper and more efficient fuel cell stack products to
customers in the portable power sector.

"The UK Department of Trade and Industry award for this project recognizes the
increasing importance of modelling and simulation tools in the design of new
materials which are vital to achieving the required step-change in fuel cell
catalyst development and to pulling the technology through to the marketplace,"
says Mark Emkjer, president and CEO of Accelrys Inc. We are proud to be
partners in this important project with Johnson Matthey and CMR Fuel Cells,
both recognized experts in fuel cell technology."

"The ability to implement fully validated modelling tools to allow the
exploration of a vast phase space has very exciting potential within the fuel
cell market place and we are pleased to have this opportunity to collaborate
with our partners on such a high impact project," says Sam French, Senior
Scientist, Johnson Matthey Plc.

Michael Priestnall, Chief Technology Officer, CMR, commented: "To deliver the
exceptional cost and performance benefits that our unique stack architecture
brings to the portable power market, we adopt the most active, stable, cost
efficient and selective fuel cell electrocatalysts available. I am very pleased
to be able to bring our expertise and resources together with that of our
partners to develop the tools that will enable us to continually improve the
performance of our fuel cell stack products."

                                    -Ends-                                     

For more information about the Consortium, visit the website at http://
www.icatdesign.org

Further Information

John Halfpenny            CMR Fuel Cells plc        01223 875 544            
                                                                             
CEO                                                                          
                                                                             
Andrew Tan                Hansard Group             020 7245 1100            
                                                                             
www.hansardgroup.co.uk                                                       

About CMR Fuel Cells plc:

CMR Fuel Cells plc is a UK developer of fuel cell stacks for portable and small
stationary power generation applications. The Company plans to become a leading
supplier of fuel cell products, based on its simple but revolutionary patented
stack architecture which delivers longer run-time and lower costs than
conventional fuel cell stacks.

As documented at the time of the Company's flotation, CMR's unique architecture
can be applied in a range of fuel cell applications including portable
electronics, combined heat and power and automotive to deliver significant
improvements in power density performances using a range of chemistries.
However, it is the intention of the Board to initially commercialise the
Company's technology within the consumer electronics industry where there is
sustained and growing demand for smaller, cheaper, longer running power
solutions for portable electronics devices based on direct methanol fuel cells.
This demand is being driven by the increasing power requirements of portable
electronics devices which have outgrown incremental improvements in the
performances of traditional battery chemistries. As a result, consumer
frustration with short 'run times' is compelling the electronics industry to
develop and deploy suitable alternatives for power delivery. It is widely
accepted that direct methanol fuel cells represent an ideal solution to the
power requirements of portable devices and are also capable of eliminating the
need to recharge devices by having an interchangeable fuel cartridge system
equivalent of instant recharging.

About Johnson Matthey plc:

Johnson Matthey is a global business with units dedicated to the supply of high
quality fuel cell components, hydrogen production and purification and
activities in hydrogen storage and purification. For fuel cells, the business
has operations in the UK, USA and Japan, including a state of the art
manufacturing facility in Swindon, UK. Johnson Matthey Fuel Cells is at the
forefront of development of precious metal catalyst systems and membrane
electrode assemblies and is able to tailor products to specific applications,
designs and operating conditions to achieve the best possible performance.

About Accelrys, Inc:

Accelrys has over twenty years of innovation and technology leadership in
delivering software and service solutions that transform discovery and
development research. A unique combination of expertise in life and materials
science, informatics, and scientific operating platform technologies lets
Accelrys serve a diverse range of clients, including some of the world's
leading pharmaceutical, biotechnology, chemical, and nanotechnology research
organizations. Accelrys is headquartered in San Diego, California. For more
information about Accelrys, visit its website at http://www.accelrys.com/



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