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Medis Fuel Cell Products Now Available on Costco.com
Tuesday 08/25/2009 12:30 PM ET - Pr Newswire
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MDTL 0.36 33.33%
As of 3:59 PM ET 8/25/09
Medis Technologies Ltd. (Pink Sheets: MDTL), a developer of fuel cells for the consumer, military and industrial markets, announced that its consumer products are now available on Costco.com. The 24/7 Xtreme Portable Fuel Cell Power Solution and Fuel Cell Power Emergency Kit, along with replacement fuel cells, are listed in the Electronics section under the category of Batteries, Charging & Portable Power.
Medis CEO Jose Mejia commented, "Exposure and distribution are the lifeblood of any consumer product, and we are excited that our relationship with Costco.com provides this on both levels. We believe that our fuel cell power supply products are unique innovations to the electronics market that will gain traction with consumers as they become more familiar with the technology."
The Medis Xtreme Portable Fuel Cell Charger is the world's first personal, portable, fuel cell power system designed to charge mobile phones, MP3 players, GPS devices, Bluetooth headsets, PDAs and more. One squeeze of the Power Pack delivers 20 watt-hours of power to charge a smartphone multiple times before the energy is consumed.
The Fuel Cell Power Emergency Kit contains a 100 hour 14 LED flashlight and is sold as a backup system for being able to power basic electronics in case grid power is unavailable and batteries have faded. It is the type of emergency supply kit that The Department of Homeland Security's Resolve to be Ready 2009 campaign advises people have on hand.
For more information about Medis Technologies and the company's variety of fuel cell powered products, please visit
www.medistechnologies.com.
About Medis Technologies Ltd.
Medis Technologies Ltd. (Pink Sheets: MDTL) (
www.medistechnologies.com), headquartered in New York, is the first company in the world to market a personal and portable liquid fuel cell capable of providing electrical power to the mobile electronics marketplace. The Medis fuel cell features a patented, proprietary fuel formulation that utilizes borohydride to generate electricity upon activation; it is safe, clean, silent, and recyclable. First generation products include the Medis 24-7 Power Pack; 24-7 Xtreme Portable Power Solution; and the Medis Fuel Cell Power Emergency Kit.
This press release may contain forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. In some cases you can identify those so-called "forward looking statements" by words such as "may," "will," "should," "expects," plans," "targets," "believes," "anticipates," "estimates," "predicts," "potential," or "continue" or the negative of those words and other comparable words. These forward looking statements are subject to risks and uncertainties, product tests, commercialization risks, availability of financing and results of financing efforts that could cause actual results to differ materially from historical results or those anticipated. Further information regarding these and other risks is described from time to time in the Company's filings with the SEC. We assume no obligation to update or alter our forward-looking statements made in this release or in any periodic report filed by us under the Securities Exchange Act of 1934 or any other document, whether as a result of new information, future events or otherwise, except as otherwise required by applicable federal securities laws.