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RHOMBIC CORP - Significant Steps Towards The Commercialization of Its - PatentedRadionuclide Batteries for
Thu Feb 03 14:03:00 EST 2000

New York, New York, Feb. 03, 2000 (Market News Publishing via COMTEX) -- Rhombic
Corporation announced that the development of a comprehensive Technology and
Business Plan is now underway to design, build and test a demonstration model of
its radio nuclide battery. This will be followed by a full scale prototype, as
well as the development of markets, business partners, and sources of financing
in the United States and other countries. Construction of the model is scheduled
to start in early summer of this year.

Rhombic`s radio nuclide battery presents several unique advantages over other
power sources. First and foremost is the highly efficient conversion of energy
released by radio nuclides into electric energy. The super compact size and
light weight offers customers significant savings in space applications where
the cost-per-pound to launch into orbit is a driving consideration.

Management`s decision to develop a nuclide battery prototype will provide the
company an opportunity to participate in the communication satellite industry.
It is estimated that there will be in excess of 800 satellites launched starting
in 2002.

Statements in this news release looking forward in time involve risks and
uncertainties, and actual results may be materially different. Factors that
could cause actual results to differ include activity levels in the securities
markets and other risk factors. "From the Safe Harbor Statement under the
Private Securities Litigation Reform Art of 1995."
 
aus der Diskussion: RHOMBIC - DIE CHANCE III -dieZweite-
Autor (Datum des Eintrages): amada  (10.02.00 01:01:56)
Beitrag: 19 von 83 (ID:449325)
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