الخبر الاول
في خبرين نازلين أمس بس ما ادري مدي تاثيرهم علي السهم
بس أنشاء الله يكون ايجابي وتربحون من وراه
KAPOLEI, HAWAII -- (MARKET WIRE) -- 05/25/06 --
Hoku Scientific, Inc. (NASDAQ: HOKU), a designer, developer and manufacturer of membrane electrode assemblies (MEAs) and membranes for proton exchange membrane (PEM) fuel cells, today announced that the U.S. Navy has officially accepted the first two of ten planned PEM fuel cell power plants incorporating Hoku MEA that will be demonstrated at Pearl Harbor Naval Station.
Each of the stationary fuel cell power plants, or demonstration systems, designed by IdaTech LLC and incorporating Hoku MEA, generates net electrical output of approximately 1.5 kilowatts. Hoku Scientific's contract with the U.S. Navy requires a minimum net electrical output of 1 kilowatt. The fuel cell power plants incorporate an IdaTech fuel processor that produces hydrogen from a mixture of water and methanol. The two fuel cell power plants were officially accepted by the U.S. Navy following a factory acceptance test at Hoku Scientific's facility in Kapolei, Hawaii. The additional eight demonstration systems, plus one fuel cell power plant that will not be demonstrated, are scheduled for factory acceptance over the next several weeks.
"The Navy's factory acceptance of these demonstration systems further validates the quality of our fuel cell MEA products," said Dustin Shindo, chairman of the board of directors, president and chief executive officer at Hoku Scientific. "We are eager to commence the demonstration this summer."
Hoku Scientific expects to install the ten demonstration systems at Pearl Harbor this summer on a rolling basis upon factory acceptance for each fuelcell power plant, and after completion of the demonstration site selection and preparation.
About Hoku Scientific, Inc.
Hoku Scientific, Inc. designs, develops and manufactures membrane electrodeassemblies and membranes for proton exchange membrane fuel cells.
Forward-Looking Statements
This press release contains forward-looking statements that involve many risks and uncertainties. These statements relate to our expectations regarding the U.S. Navy field trials; our ability to deliver 11 fuel cell systems to the Navy; the timing of the completion of internal testing, site selection, and the commencement of the demonstration program; the performance of our Hoku MEA during such internal tests, and in such demonstration; our relationship with the U.S. Navy and IdaTech; our future financial performance with respect to the U.S. Navy contract; and objectives of management for future operations. In some cases, you can identify forward-looking statements by terms such as "anticipate,""believe," "can," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "will," "would" and similar expressions intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance, time frames or achievements to be materially different from any future results, performance, time frames or achievements expressed or implied by the forward-looking statements. Given these risks, uncertainties and other factors, you should not place undue reliance on these forward-lookingstatements. In evaluating these statements, you should specifically consider the risks described in the company's filings with the Securities and Exchange Commission. Except as required by law, the company assumes no obligation to update these forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
Copyright2006 Hoku Scientific, Inc. This press release is the property of Hoku Scientific, Inc., all rights reserved. Hoku, Hoku Scientific, Hoku MEA and Hoku Membrane are the trademarks of Hoku Scientific, Inc., all rights reserved.
Contact:
Darryl Nakamoto
Hoku Scientific, Inc.
(808) 682-7800
ir@hokusci.com
(END) Dow Jones Newswires
May 25, 2006 09:05 ET (13:05 GMT)
COUNTRY:R/HI R/NME R/PRM R/US R/USW
SECTOR:I/ELQ I/XDJGI
SUBJECT:N/DJGS N/DJGV N/DJI N/DJIV N/DJIN N/DJN N/DJPT N/DJWB N/DJPN N/DJWI N/PRL N/TPCT
COMPANY:HOKU
CURRENCY:M/IDU M/NND M/TPX