Ballard Power Systems Announces Year End 2001 Conference Call

    VANCOUVER, British Columbia--Feb. 22, 2002--Ballard Power Systems today announced that it will hold a conference call to discuss the results for the fourth quarter and year ending December 31, 2001 on Monday, March 4, 2002 at 2:00 p.m. PT (5:00 p.m. ET).
    Access to the call may be obtained by calling the operator at 416/640-4127 prior to the scheduled start time. A playback version of the call will be available for 24 hours after the call at 416/640-1917. The confirmation number to access the playback version is 172298#. A live webcast can be accessed from Ballard's web site at www.ballard.com. A playback of the call will also be available on Ballard's web site for two weeks.
    Ballard Power Systems is recognised as the world leader in developing, manufacturing and marketing zero-emission proton exchange membrane ("PEM") fuel cells. Ballard is commercialising fuel cell engines for the transportation market, electric drive trains for both fuel cell and battery powered electric vehicles, power conversion equipment for microturbines and other distributed generation technologies, fuel cell power generation equipment for markets ranging from 1-kilowatt portable power products to larger stationary power generation products and is a Tier 1 automotive supplier of friction materials for power train components. Ballard's proprietary technology is enabling automobile, electrical equipment and portable power product manufacturers to develop environmentally clean products for sale. Ballard is partnering with strong, world-leading companies, including DaimlerChrysler, Ford, ALSTOM and EBARA, to commercialise BALLARD(R) fuel cells. Ballard has supplied fuel cells to Honda, Nissan, Volkswagen, Yamaha, Cinergy, Coleman Powermate and Matsushita Electric Works, among others.
    Ballard's Common shares are listed on The Toronto Stock Exchange under the trading symbol "BLD" and on the Nasdaq National Market System under the symbol "BLDP". Ballard, the Ballard logo and Power to Change the World are registered trademarks of Ballard Power Systems Inc.