PLUG, BLDP, SSHO, - PennyOmega.com Stock Report! - Plug Power, Ballard Power Systems, South Shore Resources

Jul 16th, 2010

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plug PLUG, Plug Power Inc.

PLUG, a development stage enterprise, involves in the design, development, and manufacture of fuel cell systems for industrial off-road markets and stationary power markets.

bldp BLDP, Ballard Power Systems Inc.

BLDP engages in the design, development, manufacture, sale, and service of fuel cell products for motive and stationary power markets primarily in the United States, Canada, Japan, and Germany.

** PLUG and BLDP reported that the two companies have extended their existing supply agreement, effective immediately, through 2014. Ballard will remain the exclusive supplier of fuel cell stacks for Plug Power’s full suite of GenDrive(TM) power units. In addition, PLUG will become the exclusive systems integrator for BLDP’s fuel cell stack into solutions addressing the material handling market in North America. The previous agreement was due to expire December 31, 2010.

With over 85% market share in the material handling space, this agreement will allow PLUG and BLDP continued leadership as the pre-eminent providers of fuel cell energy products in this industry. This agreement will also help solidify the two companies’ joint corporate commitment to revolutionize the material handling market with highly productive, clean energy technology.

BLDP has been the exclusive fuel cell stack supplier for PLUG’s GenDrive product line since 2008.

GenDrive is a superior power alternative to lead-acid batteries in electric material handling vehicles. Using GenDrive, customers in grocery, retail, warehousing and manufacturing facilities can increase productivity, lower operational costs and decrease greenhouse gas emissions within their operations.

Understanding the value provided by GenDrive, leading material handling organizations have implemented this sustainable power solution in their operations.

These customers include Walmart Canada, United Natural Foods, Inc., Sysco Houston, FedEx Freight, Wegmans, and Whole Foods.

More about PLUG at www.plugpower.com

More about BLDP at www.ballard.com

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ssho SSHO, South Shore Resources Inc., SSHO.PK

SSHO is a company engaged in the development of products which are committed to the reduction of harmful greenhouse gases and fuel savings with use of Hydrogen Generating Modules and related accessories to the transportation and automotive industries which are either in development and/or the commercialization stages.

SSHO’s Hydrogen Hybrid Conversion Kit, which uses proven patent-pending technology to develop an add-on to any engine to enhance the combustion process independent of the type of fuel used (gasoline, diesel, biodiesel, natural gas, or ethanol) - saves up to 25 percent or more fuel economy.

SSHO’s HyProStar is safe for use on newer cars because it operates independently of the vehicle’s computer.

SSHO is now geared up to commercialize its Hybrid Conversion Kit and bring it out to the global alternative energy market.

There are over 750 million automobiles currently on the road using combustible engines world wide.

SSHO could be an obvious aftermarket alternative to Rising Fuel Prices and Harmful Greenhouse Gases.

To protect and secure Worldwide rights to hydrogen on demand conversion process, SSHO has prepared and filed for international patent protection with the assistance of Sim & McBurney, Patent & Trademark Agents, a Patent Cooperation Treaty (PCT) international patent application with the World International Property Organization, which describes the technique by electrolysis to produce oxyhydrogen for its Hydrogen On Demand Hybrid Conversion Kits. (Source: CLICK HERE)

More about at www.southshoreresourcesinc.com

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pobc4

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