Ballard announces availabilty of Automotive Fuel Cells

[excess_3]

Ballard announces availabilty of Automotive Fuel Cells
(Reuters) Detroit 1:27am EDT. Ballard Power Systems
(Nasdaq:: BS) announces price and availabilty of
their 20KW APR-01 Fuel Cell System, with other models to follow.
Designed for automotive and other traction applications,
electrolytic-produced hydrogen is required.
Initial pricing is USD 2570 - twelve weeks, in OEM quantities.

....snip....

complete article at
http://www.ballard.com

[HysteryDiagnosis]

1. Bridgestone Firestone using Ballard Fuel Cell stacks in

TOYOTA FORKLIFTS!! Thanks for the link!!!!


http://www.ballard.com/files/pdf/Case_Studies/Material_Handling_Case_Study_docmetrics.pdf

[kristopher]

2. This is the most recent news item at their site:

"...The net impact of the various changes will be the elimination of 39 positions (including 1
director and 4 manager positions) in Burnaby out of a total of 450 employees. Of these
positions, 7 are currently unfilled and will be cancelled.
Unfortunately, this means that the employment of 32 Ballard employees will be
terminated. All employees in the Burnaby office who are directly impacted have already
been notified. We will ensure that the employees leaving Ballard are treated with the
utmost fairness and respect. In addition to our severance obligations, we will also provide
counseling and job placement services. To be fair to the departing employees and to
support the organization moving forward as soon as possible, the various changes and
departures will all be implemented by the end of this week, April 3rd.
All of the people leaving have made significant contributions to Ballard over the years, and
we thank them for their contributions.
Moving Forward
It was very difficult to make these decisions, but given the current economic environment,
it is the right step and will strengthen our positioning to deliver on our 2009 growth plan
and to drive our company to profitability in the near term."

You are presenting a price of $2570 for a 20kW fuel cell. I don't believe it. Which document are you referencing?