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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 |
TIDMCMF Embargoed Release: 07:00hrs Wednesday 1st April 2009 CMR Fuel Cells plc ('CMR' or `the Company') `CMR Fuel Cells successfully demonstrates fuel cell system prototype for Asian ODM' CMR Fuel Cells plc, the specialist developer of high power density fuel cell stacks and systems for portable electronics applications, is pleased to announce that it has successfully demonstrated the first prototype of its hybrid fuel cell power supply system to a leading Asian Original Design Manufacturer (`ODM'). The two companies are collaborating in the design and development of a stand-alone hybrid power system using both a battery and Direct Methanol Fuel Cell (`DMFC') charger. The DMFC System being developed by CMR functions with a battery being developed by its ODM partner and is designed to provide over eight hours of grid-independent power for a notebook computer from a single fuel cartridge; removing any reliance on mains electricity during its operational period. -Ends- Further Information John Halfpenny CMR Fuel Cells plc 01223 875 544 CEO Vikki Krause Hansard Group 020 7245 1100 Daniel Adams Investec Investment 020 7597 5970 Banking About CMR Fuel Cells plc CMR Fuel Cells plc is a UK AIM-listed developer of fuel cell `stacks' and systems for portable and small stationary power generation applications. The Company is targeting the consumer electronics industry where there is growing demand for new power solutions which are longer running than today's Lithium batteries. This demand is being driven by the increasing power requirements of portable electronics devices which have outgrown incremental improvements in the performances of traditional batteries. As a result, consumer frustration with short 'run-time', `return to mains' recharging and questionable battery safety is compelling the electronics industry to develop and deploy suitable alternatives for power delivery. Direct Methanol Fuel Cell (`DMFC') power systems can deliver longer electrical equipment run-times than conventional batteries as well as delivering other superior performance features such as `instant recharge anywhere', which are ideally suited for modern feature rich, `always on, always connected' wireless devices. CMR is based in Cambridge, United Kingdom and is listed on the London Stock Exchange, AIM market as CMF.L END
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