Pacific Fuel Cell Corp. Announces Start of Production in Ohio Plant

    TUSTIN, Calif.--(BUSINESS WIRE)--Pacific Fuel Cell Corp. (OTCBB:PFCE) is pleased to announce that production of bipolar plates has begun in its Willoughby, Ohio manufacturing plant.

    We are now producing detailed plates for several leading companies in the fuel cell industry. Dan McCluskey, Vice President of Sales and Marketing and Business Development, said, "We are very pleased with the progress we have made to this point. We are working very closely with our customers and we are building very strong relationships. The last 2 months have been extremely busy and rewarding. We have achieved our targeted March 1st date for the production of the blank plates and we have successfully transitioned manufacturing equipment to our new Ohio facility. We believe that we are poised to meet our business forecast, which will lead to a very busy and successful year. Pacific Fuel Cell believes that we are the premier company currently manufacturing fuel cell components in terms of price, quality, capability and complete customer service."

    The engine of the fuel cell system is called a fuel cell stack. The stack consists of several layers of MEA’s (membrane electrode assemblies), GDL’s (gas diffusion layers) and bipolar plates. The number of layers depends on the power requirement for the fuel cell. The quality and cost of these components are very critical for the entire industry.

    Pacific Fuel Cell Corp. is a nanotechnology company committed to producing fuel cell components with reduced cost and higher performance in the portable, stationary and micro fuel cell market, utilizing nanotechnology.

    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.