Prototype Development

    RNS Number : 1525Z
  PolyFuel Inc.
  16 July 2008
   
 16 July 2008  
    PolyFuel, Inc.
    POLYFUEL DISCLOSES PROTOTYPE NOTEBOOK COMPUTER FUEL CELL POWER SUPPLY
    July 16, 2008 - PolyFuel, Inc., a world leader in fuel cell technology, particularly engineered membranes for the portable electronic
and automotive industries, today announces that it has developed the first functional version of its prototype power supply for
notebook-class computers that can provide continuous non-stop runtimes with the simple hot swap of small cartridges of methanol fuel. The
consumer-friendly design is fully integrated with a representative notebook - the Lenovo T40 ThinkPad®. PolyFuel has developed the prototype
as a technology demonstrator and proof of concept for OEM electronics manufacturers. 
    Highlights
    *     The consumer-friendly design is fully integrated with a representative notebook, the Lenovo® T40 ThinkPad. 
    *     PolyFuel developed the prototype as a technology demonstrator and proof of concept for OEM electronics manufacturers, with the
goal of ultimately providing them with a reference design.
    *     PolyFuel will be taking the new prototype on an extensive road show in Asia in the coming weeks to demonstrate to both customers
and potential development partners.
    The prototype represents a key step towards the attainment of PolyFuel's goal to create a reference design with the size, appearance and
performance consumers require for increasingly power-hungry notebook computers. PolyFuel will demonstrate this prototype to customers and
potential development partners in the coming weeks. Previous showings of a non-functional version of the prototype generated strong interest
among the top tier electronics OEMs in the Pacific Rim, and they are now eager to see a functional prototype in action.  
    In PolyFuel's prototype, the power supply features a detachable fuel cartridge - about the size of a deck of cards - that can be swapped
out while the computer continues to run. Long-distance travellers, or others needing continuous, unconnected, easily portable power for
their notebooks, would simply carry spare cartridges in their pocket or purse - a practice that has already been approved for use on
commercial aircraft by the various regulatory bodies around the world.
    Jim Balcom, CEO of PolyFuel, commented: "I am delighted with the further progress we have achieved. Creating a functioning prototype is
a critical step toward the development of a fuel cell reference design with the performance characteristics that can beat lithium-ion
batteries, and brings closer the achievement of our ultimate objective, the widespread commercialisation of portable fuel cell technology."

    PolyFuel's stated strategy is to share its MEA, stack and systems reference design technologies under simple licensing arrangements with
its customers and partners, supported by the sales of its world-leading, novel fuel cell membrane materials.


    For further information please contact:

 PolyFuel, Inc                                 Tel: [phone]
 Jim Balcom, Chief Executive Officer
 Tom Caldwell, CFO
                                               Tel: [phone]
 Hogarth Partnership Limited
 Nick Denton / Sarah MacLeod / Ian Payne

 KBC Peel Hunt (Nominated Adviser and Broker)  Tel: [phone]
 Jonathan Marren / David Anderson

    About PolyFuel:

    PolyFuel (www.polyfuel.com) is a world leader in fuel cell technology, particularly engineered membranes, that provides significantly
improved performance in both direct methanol and hydrogen fuel cells, especially for portable electronic and automotive applications. The
state of the art in fuel cells is closely tied to the membrane, and PolyFuel's best in class, hydrocarbon-based membranes enable a new
generation of fuel cells that for the first time can deliver on the long-awaited promise of clean, long-running, and cost-effective portable
power.

    PolyFuel has an unmatched capability to rapidly translate the system-level requirements of fuel cell designers and manufacturers into
engineered polymer nano-architectures. Such capability - based on PolyFuel's more than 150 combined years of fuel cell experience,
world-class polymer nano-architects, and a fundamental patent position covering more than 25 different inventions - also makes PolyFuel an
essential development partner and supplier to any company seeking to advance the state of the art in fuel cells. Fuel cells built with
PolyFuel's hydrocarbon membranes, as the Company's own performance-leading reference designs have demonstrated, can be smaller, lighter,
longer-running, more efficient, less expensive and more robust than those made with other membrane materials.

    PolyFuel is working with many of the world's most advanced portable fuel cell system developers, the majority of whom are household
brand name consumer electronics manufacturers. Leading Japanese and Korean consumer electronics companies rank PolyFuel's hydrocarbon
membrane as the best portable fuel cell membrane available in the world today, and its DMFC stack and system technology, which it readily
shares with its customers, is unsurpassed. 

    PolyFuel was spun out of SRI International (formerly the Stanford Research Institute) in 1999, after 14 years of applied membrane
research. The company is based in Mountain View, California, and is publicly listed on the AIM market of the London Stock Exchange.




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