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[PHOENIX-IT]

October 02, 2000 11:24

Rhombic Announces Progress In Diamond Electrode Research For Fuel Cells
PHOENIX--(BUSINESS WIRE)--Oct. 2, 2000--The management of Rhombic Corporation is currently conducting a thorough investigation of its technologies. It believes that its Diamond Electrode technology can be advanced to a demonstrator phase within eighteen months after receiving the funding for the project. It would ultimately be used as a potential value added step in the production of fuel cells.
Fuel cell electrodes are one of the weak links in current fuel cell systems. They are susceptible to erosion due to oxidation and reduction. The University of Missouri has advised that the Rhombic conductive diamond film is highly resistant to chemical attacks and can be further used to add impurities to porous conductive diamond films, including the catalyst.

Research to date has involved building a reactor for the doping of diamond films with boron. This research has confirmed that the material is very stable to temperature and chemicals and that sulfur doped diamond is a very good material for diamond electrodes demonstrating most of the properties that a diamond electrode requires.

Rhombic and the University of Missouri are not aware of any competitors for developing such a fuel cell electrode. Major automobile manufacturers such as Daimler-Chrysler, Ford, GM and Honda have invested heavily in the development of a fuel cell power plant as a replacement for the internal combustion engine. Additional markets for fuel cells could be used for compact electrical power generators. Rhombic believes that the entire fuel cell market is expected to be in the billions during the next decade.

Rhombic trades on the Frankfurt Stock Exchange and the Hamburg Stock Exchange under the symbol "919335" and on the OTC Bulletin Board under the symbol "NUKE".

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.

For further details, call the Company`s public Relations office. Mr. Mike Skerry at 888-821-6607 or 604-421-5543. The Lawrence Adams Ltd. phone in New York, NY, is 212-736-4800; Or view the Rhombic website www.rhombic.com


CONTACT: Rhombic Corporation, Phoenix
Mr. Mike Skerry
888/821-6607 or 604/421-5543
www.rhombic.com