Pacific Fuel Cell Corp. Announces Delivery of nanoMEAs; Expansion of Collaborative Effort with Bourns, Inc.

    TUSTIN, Calif.--(BUSINESS WIRE)--March 16, 2006--Pacific Fuel Cell Corp. (OTCBB:PFCE) today announced that it has delivered production-scale prototype nanoMEAs to an undisclosed customer. The delivered prototypes were produced in conjunction with its collaborative manufacturer, Bourns. Inc., headquartered in Riverside, Calif. The Bourns team, working with the PFCE's scientific staff, successfully engineered PFCE's innovative process for making nanoMEAs to commercial scale. Based upon the success of their development efforts, Bourns and PFCE are discussing an increase in the scope and intensity of their collaborative efforts.

    The Bourns team, utilizing PFCE's proprietary technology, showed its strength in engineering and process development in the production of the prototype nanoMEAs. The expertise of Bourns, Inc., developed from decades of designing and manufacturing precision electronic components, played an important role in this successful effort.

    George Suzuki, PFCE President, stated: "We are very pleased to have a world-class manufacturer of electronic components join with PFCE in accelerating our progress to a commercial production capability for our technology."

    Pacific Fuel Cell Corp. is a nanotechnology company committed to the development and production of carbon nanomaterial-based membrane electrode assemblies ("nanoMEAs") with reduced cost and higher performance for fuel cells in the portable and micro fuel cell market. The MEA is the key component of fuel cell systems.

     Bourns, Inc. has been providing reliable and innovative solutions to the electronics industry for over 50 years. With manufacturing facilities and customer support teams located throughout the world, Bourns is uniquely positioned to serve the industrial, automotive, telecommunications, audio/visual, aerospace and other electronic industries. Most importantly, Bourns is firmly committed to quality, service and innovation. Bourns products are manufactured according to ISO-9000/9001, QS-9000 and TS16494 standards under Six Sigma quality programs.

     Certain matters discussed in this press release may constitute forward-looking statements within the Private Securities Litigation Reform Act of 1995 and, as such, may involve known and unknown risks and uncertainties and other factors that may cause the actual results to be materially different from the results implied herein. Readers are cautioned not to place undue reliance on the forward-looking statements made in this press release.