Ballard Receives $1.9 Million Order From Honda For Fuel Cells

    VANCOUVER, B.C.--Jan. 23, 2001--Ballard Power

    Ballard Power Systems announced today that it has received a $1.9 million (US$1.3-million) order from Honda R&D Co., Ltd. of Saitama, Japan, a subsidiary of the Honda Motor Company, for Mark 900 Series Fuel Cell Power Modules and support services.
    The BALLARD(R) Mark 900 Series Fuel Cell Power Module incorporates Ballard's latest generation fuel cell stack, the Mark 900, which utilizes low-cost materials and is designed for manufacturing in automotive volumes.
    "Honda introduced several prototype vehicles powered by BALLARD(R) fuel cells in 2000," said Ballard Chairman and Chief Executive Officer Firoz Rasul. "We are delighted to continue to supply Honda with fuel cells for use in its testing and development program in 2001 and continue to strengthen our relationship with them."