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Plug Power es ist wieder Zeit. - 500 Beiträge pro Seite



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Hallo,

Ich bin schon seit einer Weile in
Plug Power investiert. Halte den
Wert für die Zukunft pur.
Plug macht Brennstoffzellen und
ist da sehr erfolgreich.Plug liegt
heute im Plus wo doch alles fällt :eek:
ich hoffe wir finden hier noch ein paar
Fan`s von Plug und können so Meinungen
tauschen.
Stelle die Aktie noch ausfürlich vor


ambobobo
Die letzten New`s zu Plug Power

SHREVEPORT, La., Jul 31, 2001 (BUSINESS WIRE) -- Don Harrold of http://www.MaverickTrader.com stated, "Despite the sluggishness of the market of late, we believe the market is building a base and will ultimately resolve itself higher over the next 6-12 months following a series of rate cuts and lower energy prices."

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Latham, N.Y.-Based Fuel Cell Reduces Earnings Loss
Jul 27, 2001 (Times Union - Knight Ridder/Tribune Business News via COMTEX) -- Fuel cell maker Plug Power Inc. cut spending 22 percent during the second quarter as it lost $18.3 million, or $300,000 more than in the same period a year before.

The 41-cent-per-share loss was a penny better than the 42 cents the Latham-based company lost during the same period last year.

Roger Saillant, president and chief executive, said the cuts highlighted the company`s commitment to meeting goals it has set -- something that has been a stumbling block in the past.

"I`m very, very pleased to lead this company," Saillant said. "I feel now we have a team in place that can go the distance for profitability for us."

Plug officials expect to move into the black by 2006.

As the company reduces its cash spending, it also is trying to make its fuel cells less expensive. Widespread acceptance of Plug`s tiny power plants depends on how cheap they get. By year`s end, Saillant said, the company will have sliced a third off its production costs.

Still, at about $12,000 a kilowatt, the company figures it must shave another $11,500 off that before homeowners flock to stores to buy a fuel cell.

Fuel cells make electricity as part of a chemical reaction, with water vapor a byproduct.

Saillant said commercial users are likely to pay $1,000 to $5,000 a kilowatt for the units.

Plug`s initial units were rated at five kilowatts, enough to power a medium-size house. Plug expects to sell about 125 to 150 units this year. It sold its first 75 units for $7 million to the Long Island Power Authority earlier this summer; revenue from those sales will start showing up in the company`s balance sheets in its next quarterly report.

Plug recently raised $54 million by selling more stock, through both a secondary offering and to two of its largest investors, General Electric Co. and DTE Energy.

The money should help the company run into the second half of 2003, when it will have to raise more cash to stay alive.

Over the first half of 2001, Plug lost $37.3 million, about $2 million more than it lost during the same stretch of 2000.

Shares of Plug (Nasdaq: PLUG) closed at $11.80 Thursday, down 22 cents. Since the beginning of the year, its stock has fallen 20 percent.



By Kenneth Aaron

-----------------------------------------------------------

Plug Power Inc. Announces Exercise of Over-Allotment Option
LATHAM, N.Y., Jul 27, 2001 /PRNewswire via COMTEX/ -- Plug Power Inc. (Nasdaq: PLUG), today announced that the underwriters of its recently completed public offering of 4,000,000 common shares, have exercised their entire over-allotment option to purchase 600,000 additional common shares at $12.00 per share. The estimated net proceeds to Plug Power from the exercise of the over-allotment option are $6.8 million. The underwriting syndicate consists of JPMorgan, Merrill Lynch & Co., Salomon Smith Barney, FAC/Equities and McDonald Investments Inc.

Plug Power designs and develops on-site electric power generation systems utilizing proton exchange membrane fuel cells for stationary applications. The Latham, N.Y.-based company was founded in 1997, as a joint venture of DTE Energy Company and Mechanical Technology Incorporated. Plug Power Holland was founded in February 2000 as the first European operation base of Plug Power.

This press release may contain statements, which are not historical facts and are considered forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements contain projections of Plug Power`s future results of operations, Plug Power`s product development expectations or of Plug Power`s financial position or state other forward-looking information. In some cases you can identify these statements by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," "will" and "would" or similar words. You should not rely on forward-looking statements because Plug Power`s actual results may differ materially from those indicated by these forward-looking statements as a result of a number of important factors. These factors include, but are not limited to, Plug Power`s ability to develop a commercially viable fuel cell system; the cost and timing of developing Plug Power`s fuel cell systems; market acceptance of Plug Power`s fuel cell systems; Plug Power`s reliance on Plug Power`s relationship with General Electric; Plug Power`s ability to successfully enter into amended distribution arrangements with General Electric and DTE Energy Technology reflecting the terms of the MOU; ability to manufacture fuel cell systems on a commercial basis; competitive factors, such as price competition, competition from other power technologies and competition from other fuel cell companies; the cost and availability of components and parts for Plug Power`s fuel cell systems; the ability to raise and provide the necessary capital to develop, manufacture and market Plug Power`s fuel cell systems; Plug Power`s ability to lower the cost of its fuel cell systems and demonstrate their reliability; the cost of complying with current and future governmental regulations; and other risks and uncertainties discussed under the heading "Risk Factors" in Plug Power`s final prospectus, dated July 19, 2001 for its recent public offering filed with the Securities Exchange Commission on July 29, 2001, Plug Power`s current report on Form 8-K filed with the Securities and Exchange Commission on June 14, 2001 and the reports Plug Power files from time to time with the Securities and Exchange Commission. Plug Power does not intend to and undertakes no duty to update the information contained in this press release.


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Der letzte Quartalsbericht.


Plug Power Inc. Reports Second Quarter Results
LATHAM, N.Y., Jul 26, 2001 /PRNewswire via COMTEX/ -- Plug Power Inc. (Nasdaq: PLUG), today reported that product development and financial results for the second quarter ended June 30, 2001 exceeded the company`s anticipated results, as reflected in reduced cost of direct material, decreased net cash spending and reduced loss per share.

Contract revenue for the second quarter was $1.3 million as compared to $2.4 million for the second quarter of 2000. Year-to-date contract revenue was $2.3 million as compared to $5.4 million in 2000. The second quarter and year-to-date reduction in contract revenues reflect less emphasis on government research and development contracts as the company devotes most of its resources to product development and commercial sales. Product sales will begin to favorably affect revenues in the third quarter of 2001.

Research and development costs, when combined with cost of contract revenue, were $17.4 million during the quarter compared to $20.4 million in the same quarter of 2000. Year-to-date, combined research and development costs and costs of contract revenue were $36.2 million compared to $35.8 million in 2000.

Net cash spending for the second quarter ended June 30, 2001, decreased to $14.8 million from $16.9 million during the first quarter of 2001 and from $18.9 million during the second quarter last year. Net loss for the second quarter ended June 30, 2001, was $18.3 million, or $0.41 cents per share compared to $18.0 million, or $0.42 cents loss per share for the same period last year. The second quarter net loss of $0.41 cents per share and net cash spending of $14.8 million compares favorably to the forecast the company provided in April of this year of $0.42 cents per share and $16.3 million respectively. Net loss year-to-date was $37.3 million, or $0.85 cents per share, compared to $35.3 million or $0.82 cents loss per share, during the same period last year. See the attached financial highlights for the second quarter 2001.

Weighted average shares outstanding for the quarter ended June 30, 2001, increased to 44.2 million shares from 43.1 million in 2000. Outstanding number of shares after the company`s recently completed public offering and concurrent private placement of common stock is 49.4 million.

Plug Power`s financial position remains strong with $55.1 million of unrestricted cash and investments at June 30, 2001. Including the net proceeds of the recently completed public offering and private placement and excluding the underwriter`s over-allotment option, the company will have $109.1 million in unrestricted cash.

"I am pleased at the progress we made during the second quarter," said Roger Saillant, president and chief executive officer. "We have met or exceeded some very important commercial and product development milestones and we are progressing with the implementation of our business plan."

2nd Quarter Highlights

Product development and operational accomplishments during the quarter included the following:





-- Signed a $7 million agreement with Long Island Power Authority for the
purchase of 75 of the company`s first commercial fuel cell systems.
This was the first large-scale sale of fuel cells to an electric
utility in New York State.

-- Entered into non-binding memoranda of understanding (MOU) with GE Fuel
Cell Systems and DTE Energy Technology, which define new, expanded,
distribution agreements for the company`s proton exchange membrane
(PEM) fuel cell systems for stationary power applications.

-- Manufactured 33 fuel cell systems in the second quarter and 52
year-to-date. Over 25,000 hours of system run time were recorded for
the second quarter, over 43,000 year-to-date and over 211,000
company-to-date.

-- Reduced the cost of direct materials per unit by 27 percent from
January 1, 2001, well along the way to achieving the targeted 33
percent reduction by year-end.

-- Decreased net cash spending to $14.8 million compared to $18.9 million
from second quarter last year.

-- Received approval to produce units bearing the CSA International
certification seal for the United States. CSA provides services in the
field of standards development and product certification.

-- Demonstrated a running fuel cell system at the Renewable Energy Expo
in Washington, D.C. which was attended by President George W. Bush.


In addition to these second quarter accomplishments, the company completed a public offering of 3,975,000 shares of common stock at $12.00 per share, raising approximately $44.4 million. If the underwriters exercise their over-allotment option, in full, Plug Power estimates that its net proceeds will be approximately $51.3 million. In addition, another 416,666 shares were sold to both GE Power Systems Equities and DTE Energy, netting an additional $9.6 million. "We were extremely pleased to complete this offering despite adverse capital market conditions," said W. Mark Schmitz, vice president and chief financial officer. "We believe this was an important vote of confidence in Plug Power by the investment community and provides enough funds to execute our business plan well into the second half of 2003."

Plug Power has scheduled a conference call today, July 26, at 10:00 a.m. (EDT) to review its second quarter 2001 results. Interested parties are invited to participate. To listen to the conference call, please call (719) 457-2650. The live web cast can also be accessed by logging onto http://www.plugpower.com. A playback of the call will be available on the web site for a period following the call. Please send any questions related to the financial results to investorrelations@plugpower.com or call Steven Zenker, director of investor relations at 518-782-7700, extension 1248.

Plug Power designs and develops on-site electric power generation systems utilizing proton exchange membrane fuel cells for stationary applications. The Latham, N.Y.-based company was founded in 1997, as a joint venture of DTE Energy Company and Mechanical Technology Incorporated. Plug Power Holland was founded in February 2000 as the first European operation base of Plug Power.

This press release may contain statements, which are not historical facts and are considered forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements contain projections of Plug Power`s future results of operations, Plug Power`s product development expectations or of Plug Power`s financial position or state other forward-looking information. In some cases you can identify these statements by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," "will" and "would" or similar words. You should not rely on forward-looking statements because Plug Power`s actual results may differ materially from those indicated by these forward-looking statements as a result of a number of important factors. These factors include, but are not limited to, Plug Power`s ability to develop a commercially viable fuel cell system; the cost and timing of developing Plug Power`s fuel cell systems; market acceptance of Plug Power`s fuel cell systems; Plug Power`s reliance on Plug Power`s relationship with General Electric; Plug Power`s ability to successfully enter into amended distribution arrangements with General Electric and DTE Energy Technology reflecting the terms of the MOU; ability to manufacture fuel cell systems on a commercial basis; competitive factors, such as price competition, competition from other power technologies and competition from other fuel cell companies; the cost and availability of components and parts for Plug Power`s fuel cell systems; the ability to raise and provide the necessary capital to develop, manufacture and market Plug Power`s fuel cell systems; Plug Power`s ability to lower the cost of its fuel cell systems and demonstrate their reliability; the cost of complying with current and future governmental regulations; and other risks and uncertainties discussed under the heading "Risk Factors" in Plug Power`s final prospectus, dated July 19, 2001 for its recent public offering filed with the Securities Exchange Commission on July 29, 2001, Plug Power`s current report on Form 8-K filed with the Securities and Exchange Commission on June 14, 2001 and the reports Plug Power files from time to time with the Securities and Exchange Commission. Plug Power does not intend to and undertakes no duty to update the information contained in this press release.






Plug Power Inc.
Condensed Consolidated Balance Sheets

(Unaudited)
December 31, June 30,
Assets 2000 2001
Current assets:
Cash and cash equivalents $58,511,563 $35,118,449
Restricted cash 290,000 290,000
Marketable securities 28,221,852 19,967,447
Accounts receivable 1,415,049 1,625,873
Inventory 2,168,006 3,690,358
Prepaid development costs 2,041,668 3,672,475
Other current assets 694,178 419,417
Total current assets 93,342,316 64,784,019

Restricted cash 5,310,274 5,310,274
Property, plant and
equipment, net 32,290,492 32,335,080
Intangible assets 6,827,066 5,148,602
Investment in affiliates 9,778,784 8,139,135
Prepaid development costs 2,513,093 --
Other assets 767,193 683,624
Total assets $150,829,218 $116,400,734

Liabilities and Stockholders` Equity
Current liabilities:
Accounts payable $3,479,031 $2,978,004
Accrued expenses and
other current liabilities 6,511,730 4,169,639
Total current
liabilities 9,990,761 7,147,643

Long-term debt and
other liabilities 6,707,813 6,587,933
Total liabilities 16,698,574 13,735,576

Stockholders` equity 134,130,644 102,665,158
Total liabilities
and stockholders`
equity $150,829,218 $116,400,734


Plug Power Inc.
Condensed Consolidated Statements of Operations


Three Months Six Months
Ended June 30, Ended June 30,
2000 2001 2000 2001
Contract revenue $2,417,764 $1,289,077 $5,350,557 $2,316,326
Cost of contract
revenue 3,491,553 2,198,345 7,390,300 4,169,143
Loss on contracts (1,073,789) (909,268) (2,039,743) (1,852,817)

In-process research
and development -- -- 4,984,000 --
Research and
development expense
Noncash stock-based
compensation -- 375,000 -- 375,000
Other research
and development 16,932,662 14,870,054 28,376,834 31,620,347
General and
administrative
expense
Noncash stock-based
compensation 31,700 311,000 63,400 311,000
Other general
and
administrative 1,664,870 1,627,616 3,189,600 3,517,153
Interest expense 59,145 76,278 154,615 154,203
Operating loss (19,762,166) (18,169,216)(38,808,192) (37,830,520)

Other income 2,184,312 843,171 4,492,478 2,135,965
Loss before
equity in
losses of
affiliate (17,577,854) (17,326,045)(34,315,714) (35,694,555)

Equity in
losses
of affiliate (455,304) (993,636) (963,304) (1,639,649)
Net loss $(18,033,158) $(18,319,681)$(35,279,018) $(37,334,204)

Loss per share
- basic
and diluted $(0.42) $(0.41) $(0.82) $(0.85)

Weighted average
number of
shares
outstanding 43,151,810 44,239,208 43,053,998 44,080,352
Hier noch mal zwei Chart`s















Der letzte sellout kam durch 4 Millionen neuer
Aktien die an den Markt gebracht wurden zu 12$
der Kurs davor lag bei 17$.


ambobobo
Aus einem anderen Trade geklaut ;)


Donnerstag 2. August 2001, 07:50 Uhr

US-Repräsentantenhaus für Energie-Gesetzesvorlage

Washington (Reuters) - Das US-Repräsentantenhaus hat einen weitreichenden Entwurf für ein Energie-Gesetzespaket gebilligt, mit dem auch die umstrittene Öl- und Gasförderung in einem Naturschutzgebiet in Alaska genehmigt würde.

Außerdem stimmten die Abgeordneten am Donnerstag in Washington für Steuererleichterungen im Volumen von mehr als 33 Milliarden Dollar (mehr als 63 Milliarden Mark) für die Energie-Industrie sowie die finanzielle Förderung umweltfreundlicherer Energie- Technologie. Nach dem Willen der US-Regierung unter George W. Bush soll durch die Öl- und Gasförderung im ressourcenreichen Bundesstaat Alaska die Abhängigkeit der USA von Ölimporten aus dem Ausland verringert werden.

Die Zustimmung des Repräsentantenhauses ist allerdings erst der erste Schritt zu dem Energie-Gesetz: Die Gesetzesvorlage muss noch vom Senat als zweiter Kammer des US-Kongresses gebilligt werden. Ob die Vorschläge hier durchkommen, ist fraglich, da im US-Senat anders als im Repräsentantenhaus die oppositionellen Demokraten die Mehrheit haben. Der Senat will im September über eine eigene Energie-Gesetzesvorlage beraten. Darin soll unter anderem das Bohrverbot für das Naturschutzgebiet in Alaska aufrechterhalten werden.Der tägliche Erdölbedarf der USA beläuft sich auf knapp 20 Millionen Barrel, mehr als die Hälfte dieser Menge muss aus dem Ausland importiert werden. Nach Schätzungen der US-Regierung könnten in dem Naturschutzgebiet in Alaska rund 16 Milliarden Barrel (Barrel=159 Liter) Erdöl gefördert werden. Damit könnten die USA Regierungsangaben zufolge rund 70 Jahre lang auf Ölimporte aus dem Irak verzichten. Aus Protest gegen die amerikanisch-britische Sanktionspolitik gegen das Land hatte der Irak Anfang Juni seine Erdölausfuhr gestoppt.
USA Busch bittet 14 Brennstoffzellenfirmen ins
Weisse Haus.
Grund wohl der Ausfall der Enagie ( Strom) in
Californien.
Hier der Orginalnachricht.

Wednesday August 1, 2:32 pm Eastern Time
Press Release
SOURCE: Powercell, Inc.
Powercell CEO Briefs President Bush, Secretary Abraham on Technology to Protect Against Blackouts and Power Quality Issues
Powercell, Inc. invited by White House to brief President on innovative energy technologies
WASHINGTON--(BUSINESS WIRE)--Aug. 1, 2001-- The nation`s industries, which lost more than an estimated $150 billion this year due to blackouts, brownouts and disturbances in power quality, could ensure against future losses by investing in onsite micropower and intelligent energy storage and power dispatch, according to a recent briefing Powercell CEO Reznor I. Orr presented to President George W. Bush and Energy Secretary Spencer Abraham at the U.S. Department of Energy (DOE).

Powercell was one of 14 companies, including General Electric, Intel and Capstone Turbines, invited by the DOE to brief the President at an exhibit of innovative energy technologies that address today`s unique U.S. power and energy demands. Among the technologies exhibited were microturbines, fuel cells and Powercell`s PowerBlock® energy storage and power management system.

``Our nation must have a strategy -- a broad, comprehensive energy strategy-- that calls upon the best of the nation`s entrepreneurs to help us develop the technologies to make wise choices in the marketplace,`` said President Bush in an address to DOE officials, industry representatives and the media following the tour of the energy exhibits.

Orr briefed the President on the considerable financial benefits businesses can realize by employing PowerBlock, Powercell`s flagship product that supplies high-quality uninterrupted power during electricity power disturbances, including outages caused by failures in the main utility grid.

PowerBlock provides significant benefit to any industry that relies on consistent power, including digital electronics based industries, automated manufacturing plants, telecommunications providers, and companies that employ security and safety equipment. PowerBlock also can be used to reduce strain on the power transition and distribution grid during periods of maximum power demand.

``PowerBlock can help U.S. industries significantly reduce the billions of dollars in losses that the Department of Energy estimates they incur each year due to power outages and quality issues,`` said Orr. ``We look forward to working with industry and government to provide innovative energy solutions which enable clean, efficient, reliable power.``

Powercell develops, designs, manufactures, and markets power quality and electric reliability systems to meet industry`s rapidly growing demand for high quality, uninterrupted power. Powercell`s flagship product, PowerBlock®, is a high capacity, long duration energy storage system that, combined with state-of-the-art electronics, delivers continuous, clean, high-quality electrical power


Wenn das jemand übersetzten kann
mein Translator ist etwas brutal beim
übersetzten.

ambobobo
Und hier kann man sehr schön sehen wie
Plug nach oben dreht.




Obwohl die Nasdaq und der Dow nicht grade
umwerfend waren die letzten Tage hat Plug
gut gewonnn.
Noch eine Meldung.

Am 27.07.2001 um 17:45:17 Uhr schrieb PlugPower: (3)

Zusätzliche Investitionen von GE und DTE in Plug Power nach

HyWeb, 26.07.01 : Am 26. Juni gab das Unternehmen Long Island Power Authority (LIPA) bekannt, daß es der öffentliche Energieversorger ist, den Plug Power bei der Verkündung des 7 Mio$ Auftrags am 24.Mai namenlos erwähnte (HyWeb, 12.06.01). Die 75 Brennstoffzellen werden auf der Umspannstation West Babylon diese Sommer installiert und an das Stromnetz angeschlossen.

Diese LIPA Bekanntmachung hat eine Reihe von weiteren Investitionen in Plug Power ausgelöst : Tochtergesellschaften von General Electric Co. and DTE Energy Co. werden weitere 10 Mio$ im Rahmen von Erweiterungen der bestehenden Vertriebsabkommen in Plug Power anlegen. Die neuen, allerdings noch nicht endgültigen Vereinbarungen sehen u.a. die Erweiterung der Vertriebsrechte auf Brennstoffzellenanlagen jeder Größe und auf jede stationäre Anwendung vor. GE Fuel Cell Systems hat exklusive Vertriebsrechte weltweit außerhalb der Vertriebszone von DTE Energy, nämlich der vier US-Staaten Michigan, Illinois, Ohio and Indiana.

Wie auf der Aktionärs-Versammlung in April mitgeteilt, wird Plug Power seine 5 kW Systeme nicht Anfang 2002, sondern in der zweiten Hälfte 2001 auf den Markt bringen. Bis Dezember sollen 125 bis 150 und nächstes Jahr 300 bis 600 Einheiten geliefert werden. Das Unternehmen beabsichtigt auch die Produktion von größeren Systemen (25 bis 100 kW) für Marktsegmente mit hohen Zuverlässigkeitsanforderungen. Eine 50 kW Brennstoffzellen-Demonstrationsanlage zur Deckung des Strombedarfs einer Wasserstoff-Tankstelle für Busse soll in Las Vegas, Nevada, im Juli in Betrieb genommen werden.
Hi Leute! Ich bin auch zuversichtlich, dass es mit Plu nach obe gehen wird! Jedoch ist das Investment schon spuktulativ, wie auch der Brennstoffzellenmarkt allgemein!
Zum Glück hat Plug namhafte Partner an seiner Seite.
Wie schaut es eigetnlich bei Vaillant aus? Gibt es schon Fortschritte?

http://www.Brennstoffzellentechnik.de


Die News ist noch von Juni, aber trozdem hochinteressant!
General Electric investiert weiter in Plug!

GE deal fuels Plug Power shares

GE deal fuels Plug Power shares
By Lisa Sanders, CBS.MarketWatch.com
Last Update: 4:14 PM ET June 27, 2001




LATHAM, N.Y. (CBS.MW) -- Shares of Plug Power rose 12 percent Wednesday after the fuel cell energy company announced a series of deals with General Electric units.





Plug (PLUG: news, chart, profile) added $1.64 to close at $21.74 on volume of 2.1 million shares.

Plug said the non-binding memorandum of understanding between it and several GE (GE: news, chart, profile) entities includes boosting Plug`s ownership in GE Fuel Cell Systems to 40 percent from 25 percent. Consequently, GE MicroGen`s ownership interest in GEFCS will decline to 60 percent from 75 percent.

Also GEPS Equities will get $5 million shares of Plug Power stock and has a binding commitment to purchase $5 million more. GEPS Equities currently owns an 11.8 percent stake in Plug.

Separately, Plug announced a memorandum of understanding with DTE Energy Technologies, a subsidiary of DTE Energy (DTE: news, chart, profile) , that expands DTE`s exclusive distribution rights in Michigan, Illinois, Ohio and Indiana to include Plug`s fuel cell powered generators. Edison Development Corp., a DTE subsidiary, has agreed to pay $5 million in cash for additional shares of Plug.

http://www.Brennstoffzellentechnik.de
@ XX10

Sei mir willkommen dachte schon
ich bin hier allein ;)
Auf einen guten Gedankenaustausch.

ambobobo
Institutional New Positions Description
Click on the column header links to resort ascending () or descending ().



15 New Buyers out of 77 Total Institutions

Total Shares Outstanding (in Millions): 49
Market Capitalization (in $Millions): $657




Owner Name
Select a name below for more information. Date Shares Held Change
(Shares) % Change
(Shares) Value
($1000)
GENERAL ELECTRIC CO 3/31/2001 5,250,000 5,250,000 New $69,930
UNITED SERVICES AUTO... 3/31/2001 100,000 100,000 New $1,332
HANSEATIC MANAGEMENT... 3/31/2001 45,580 45,580 New $607
CREDIT SUISSE FIRST ... 3/31/2001 25,311 25,311 New $337
ORBITEX MANAGEMENT I... 3/31/2001 18,000 18,000 New $240
UBS AMERICAS INC 6/30/2001 10,689 10,689 New $142
LEHMAN BROTHERS HOLD... 3/31/2001 10,000 10,000 New $133
NOMURA SECURITIES CO... 12/31/2000 2,875 2,875 New $38
US BANCORP DE 3/31/2001 2,050 2,050 New $27
PUBLIC EMPLOYEES RET... 3/31/2001 1,800 1,800 New $24
RUSSELL FRANK CO/ 3/31/2001 900 900 New $12
CHITTENDEN TRUST CO/... 6/30/2001 600 600 New $8
OLD NATIONAL BANCORP... 3/31/2001 400 400 New $5
CIBC WORLD MARKETS C... 6/30/2001 200 200 New $3
WESTPORT RESOURCES M... 3/31/2001 100 100 New $1
Mechanical Technology and DuPont Form Micro Fuel Cell Strategic Partnership
TUESDAY, AUGUST 07, 2001 8:47 AM
- PRNewswire

ALBANY, N.Y., Aug 7, 2001 /PRNewswire via COMTEX/ -- Mechanical Technology Inc. (Nasdaq:MKTY) and DuPont (NYSE:DD) today announced they have signed definitive agreements forming a strategic partnership to accelerate the development and commercialization of direct methanol micro fuel cells for portable electronics.

Terms of the partnership include an agreement to develop selected fuel cell components based on DuPont(TM) Nafion(R) membrane technology. The components would be customized for Mechanical Technology`s micro fuel cells, which are being developed for portable electronic applications including cellular telephones, personal digital assistants and portable computers.

The partnership also includes a supply agreement for DuPont to provide Mechanical Technology with membranes and related fuel cell components. DuPont also has obtained a minority equity interest in MTI MicroFuel Cells, a Mechanical Technology subsidiary established to commercialize micro fuel cells. Other terms were not disclosed.

"The alliance between DuPont and Mechanical Technology is an important step toward extending our fuel cell offering from materials to value-added components and targeted systems," says David L. Peet, director -- DuPont Fuel Cells. "Mechanical Technology`s position as an innovator and driver of new energy technologies makes their micro fuel cell company an ideal strategic partner to help bring DuPont products and technologies to commercial adoption as fuel cell technology becomes increasingly viable."

"The market opportunities for micro fuel cells are growing rapidly," said George C. McNamee, chairman of the board of Mechanical Technology. "This partnership with DuPont is a powerful step forward in our drive to bring this critical power source to the consumer."

Dr. William P. Acker, president of Mechanical Technology, summed up the progress his company has made. "In the short time since we announced our micro fuel cell operation, we have assembled an experienced development team which includes some of the top figures in the micro fuel cell field. We have made significant progress with our technology. Now we have a working partnership with DuPont, a longtime world leader in developing and commercializing new, advanced technologies that benefit consumers," said Acker.

"DuPont membrane technology has helped pioneer the development of fuel cells," said Acker, "and we believe their tremendous technical expertise and manufacturing experience will enable us to more rapidly bring our micro fuel cells to market."

DuPont is a science company, delivering science-based solutions that make a difference in people`s lives in food and nutrition; health care; apparel; home and construction; electronics; and transportation. Founded in 1802, the company operates in 70 countries and has 93,000 employees.

Mechanical Technology (Nasdaq:MKTY) is primarily engaged in the development of direct methanol micro fuel cells through its subsidiary MTI MicroFuel Cells, and in the design and manufacturing of precision instrumentation through its subsidiary MTI Instruments. Mechanical Technology also co-founded and retains a significant interest in Plug Power Inc. (Nasdaq:PLUG), a leading manufacturer of fuel cells. Mechanical Technology also has an interest in SatCon Technology Corporation (Nasdaq:SATC), which develops power electronics and energy management products, and Beacon Power Corporation (Nasdaq:BCON), which develops flywheel energy storage systems

http://www.Brennstoffzellentechnik.de
@XX10

Hört sich doch gut an ;)
Wir sind ja auch wieder
schön gestiegen :)

Danke ambobobo
Plug Power Appoints Anastasia Song to Board of Directors
LATHAM, N.Y., Aug 13, 2001 /PRNewswire via COMTEX/ -- Plug Power Inc. (Nasdaq: PLUG) announced the appointment of Anastasia M. Song to the company`s board of directors, effective August 9, 2001.

Song is a director at Global Capital Finance Americas, LLC, a privately owned international asset-based financial advisory firm. The company was formed from Credit Suisse First Boston`s global lease finance group and InnoCap LLC`s U.S. leasing team. The Global Capital Finance team has advised clients on structured financings of over $27 billion in transaction volume for a range of infrastructure assets including wastewater treatment facilities, hydroelectric power plants, transportation and utility facilities.

Song has more than 20 years` experience in the corporate finance industry, specializing in energy/utilities and power generation. Prior to joining Global Capital Finance Americas, Song was a director in the Investment Banking Division of Credit Suisse First Boston where she was responsible for covering electric power, petro-chemical and related energy infrastructures. Prior to joining Credit Suisse First Boston, Song was vice president, Corporate Finance for Sithe Energies, Inc., where she worked on mergers and acquisitions related to major power generation assets.

"Song is a strong, capable, independent executive with extensive financial experience in the energy and utilities sectors, including power generation," said Roger Saillant, Plug Power president and chief executive officer. "She will be a tremendous asset to the Plug Power board."

Plug Power designs and develops on-site electric power generation systems utilizing proton exchange membrane fuel cells for stationary applications. The Latham, N.Y.-based company was founded in 1997, as a joint venture of DTE Energy Company and Mechanical Technology Incorporated. Plug Power Holland was founded in February 2000 as the first European operation base of Plug Power.

This press release may contain statements, which are not historical facts and are considered forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements contain projections of Plug Power`s future results of operations, Plug Power`s product development expectations or of Plug Power`s financial position or state other forward-looking information. In some cases you can identify these statements by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," "will" and "would" or similar words. You should not rely on forward-looking statements because Plug Power`s actual results may differ materially from those indicated by these forward-looking statements as a result of a number of important factors. These factors include, but are not limited to, Plug Power`s ability to develop a commercially viable fuel cell system; the cost and timing of developing Plug Power`s fuel cell systems; market acceptance of Plug Power`s fuel cell systems; Plug Power`s reliance on Plug Power`s relationship with General Electric; Plug Power`s ability to successfully enter into amended distribution arrangements with General Electric and DTE Energy Technology reflecting the terms of the MOU; ability to manufacture fuel cell systems on a commercial basis; competitive factors, such as price competition, competition from other power technologies and competition from other fuel cell companies; the cost and availability of components and parts for Plug Power`s fuel cell systems; the ability to raise and provide the necessary capital to develop, manufacture and market Plug Power`s fuel cell systems; Plug Power`s ability to lower the cost of its fuel cell systems and demonstrate their reliability; the cost of complying with current and future governmental regulations; and other risks and uncertainties discussed under the heading "Risk Factors" in Plug Power`s final prospectus, dated July 19, 2001 for its recent public offering filed with the Securities Exchange Commission on July 29, 2001, Plug Power`s current report on Form 8-K filed with the Securities and Exchange Commission on June 14, 2001 and the reports Plug Power files from time to time with the Securities and Exchange Commission. Plug Power does not intend to and undertakes no duty to update the information contained in this press release.
Hier der Grund für die 25% am Freitag.


Plug Power Selected for National Institute of Standards & Technology Award


THURSDAY, OCTOBER 25, 2001 7:25 AM
- PRNewswire

LATHAM, N.Y., Oct 25, 2001 /PRNewswire via COMTEX/ -- Plug Power Inc. (Nasdaq:PLUG) announced today that it has been selected to receive an award from the National
Institute of Standards and Technology (NIST), Advanced Technology Program (ATP) for development of a next generation fuel processor.

ATP awards are made on the basis of a rigorous competitive review considering scientific and technical merit of each proposal and its potential benefits to the U.S. economy. The
program is managed by NIST.

"ATP funding will be fundamental in creating the opportunity for Plug Power to explore a pathway to achieving further reductions in fuel cell system cost while at the same time
improving system reliability and performance," said Dr. John F. Elter, Plug Power Vice President of Research & Systems Architecture. "The proposed breakthroughs in fuel
processor technology will accelerate cost reductions for widespread market penetration by stationary fuel cell systems."

The focus of the project is to refine and enhance the design of the fuel processor through innovation in reformer technology and unique operating methodology. The fuel processor
is one of three components of the fuel cell system, which also includes the stack and power conditioner.

The program is intended to be conducted in three phases over a 24-month period. Phase one embodies the majority of the research effort, where multiple concepts for optimizing
fuel processor systems will be studied in-depth. Modeling tools and designs of experimental methods will be utilized to select the concept to be further developed in phase two.
During phase three, the system concept will be expanded into a detailed prototype system design. This prototype will be assembled, tested and demonstrated on-site at Plug
Power`s manufacturing and research facility in Latham, N.Y.

ATP provides cost-shared funding to industry, non-profit organizations and universities to help advance particularly challenging high-risk research and development projects that
have the potential to spark important, broad-based economic or social benefits for the United States.

Plug Power designs and develops on-site electric power generation systems utilizing Proton Exchange Membrane (PEM) fuel cells for stationary applications. Plug Power`s fuel
cell systems are expected to be sold globally through a joint venture with General Electric and through DTE Energy Technologies in a four-state territory, which includes Michigan,
Illinois, Ohio and Indiana. The Company`s headquarters are located in Latham, New York with offices in Washington DC and The Netherlands.

This press release may contain statements, which are not historical facts and are considered forward-looking within the meaning of the Private Securities Litigation Reform Act of
1995. These forward-looking statements contain projections of Plug Power`s future results of operations, Plug Power`s product development expectations or of Plug Power`s
financial position or state other forward-looking information. In some cases you can identify these statements by forward-looking words such as "anticipate," "believe," "could,"
"estimate," "expect," "intend," "may," "should," "will" and "would" or similar words. You should not rely on forward-looking statements because Plug Power`s actual results may
differ materially from those indicated by these forward-looking statements as a result of a number of important factors. These factors include, but are not limited to, Plug Power`s
ability to develop a commercially viable fuel cell system; the cost and timing of developing Plug Power`s fuel cell systems; market acceptance of Plug Power`s fuel cell systems;
Plug Power`s reliance on Plug Power`s relationship with certain affiliates of General Electric; Plug Power`s ability to perform on its multi-generation product plan in a manner
satisfactory to GEFCS and DTE; ability to manufacture fuel cell systems on a commercial basis; competitive factors, such as price competition, competition from other power
technologies and competition from other fuel cell companies; the cost and availability of components and parts for Plug Power`s fuel cell systems; the ability to raise and provide
the necessary capital to develop, manufacture and market Plug Power`s fuel cell systems; Plug Power`s ability to lower the cost of its fuel cell systems and demonstrate their
reliability; the cost of complying with current and future governmental regulations; and other risks and uncertainties discussed under the heading "Risk Factors" in Plug Power`s
final prospectus, dated July 19, 2001 and filed with the Securities Exchange Commission on July 29, 2001, Plug Power`s current report on Form 8-K filed with the Securities and
Exchange Commission on June 14, 2001 and the reports Plug Power files from time to time with the Securities and Exchange Commission. Plug Power does not intend to and
undertakes no duty to update the information contained in this press release.
Hier noch der Chart. Ich hoffe das war keine Eintagsfliege!



So long
Plug Power`s quarterly net loss narrows
THURSDAY, NOVEMBER 01, 2001 7:55 AM
- Reuters

NEW YORK, Nov 1 (Reuters) - Plug Power Inc (NASDAQ NM:PLUG), which designs and develops on-site electric power generation systems, posted a narrower third-quarter net loss on Thursday, in line with Wall Street estimates.

The Latham, New York-based company, whose fuel cells produce electricity without combustion, said its net loss for the quarter was $18.7 million, or 38 cents a share, against a loss of $28.7 million, or 66 cents a share, in the year-ago period.

Wall Street expected the company to lose between 35 cents a share and 42 cents, with a consensus forecast of a loss of 38 cents a share, according to tracking firm Thomson Financial/First Call.

The company said two weeks ago it was cutting up to 20 percent of its work force, or 80 to 90 job, citing the softening economy and tightening of the capital markets.

Shares in Plug Power closed Wednesday at $8.30 on the Nasdaq, down from a 52-week high of $38 in late June. The company has a 52-week trading low of $6.01.

REUTERS

Rtr 07:55 11-01-01

Selector Code: reuco

Copyright 2001, Reuters News Service


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