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General Hydrogen sells Hydricity(R) pack to Nissan

Hydrogen Corporation, a leader in hydrogen fuel cell power packs as battery replacement technology for electric forklifts and other industrial vehicles, announced today the commercial sale of a Hydricity(R) Pack to Nissan Motor Corp., of Tokyo, Japan.

Nissan will be showcasing the hydrogen fuel cell power pack in a Nissan Electric Class 1 battery electric forklift in mid-September at the bi-annual LOGIS-TECH 2006, one of the largest logistics exhibitions in Asia.

A Nissan Industrial Machinery Division spokesperson said “After Nissan Forklift Corporation, North America performed a global evaluation of all the leading providers of battery replacement technology for forklifts, General Hydrogen was able to demonstrate the performance and reliability required for further consideration.

“Nissan continually strives to provide products that will enhance productivity and efficiency, hence our commitment to further evaluate this technology, which we feel has a great future in the materials handling market, and is worthy of being showcased at LOGIS-TECH in September.”

General Hydrogen Corporation's President and CEO, Frank Trotter, said “Nissan is a very important OEM both in North America and globally.

“Certainly, the showcasing of our technology under their banner at LOGIS-TECH 2006 will further get the message out that hydrogen fuel cell power packs, offer high-use operators a major opportunity to further improve their bottom line with high-performance technology.

“Basically, we triple the runtimes of electric forklifts and eliminate the need for a vast array of charging and handling infrastructure normally taken up by conventional batteries – space that is better made available for other valuable company operations,” commented Trotter.

The company's power packs contain a Ballard Mark 9 fuel cell stack and Maxwell ultracapacitors. Nissan Forklift Corporation, North America, is a full line supplier of engine powered forklifts, electric sit-down riders, narrow aisle reach trucks, electric pallet trucks, electric tow tractors, electric walkie stackers, and manual pallet trucks in the Nissan and Barrett Industrial Truck brands. The Nissan and Barrett products are sold and serviced through a North American dealer network of more than140 locations.

General Hydrogen is headquartered in Richmond, British Columbia, near Vancouver, and has sales and service centers in Gallatin, Tennessee, and Cincinnati, Ohio. It is a private, Delaware registered company that develops and commercializes fuel cell power packs and hydrogen fueling solutions for a variety of industrial electric vehicles and off-road equipment.

Further information can be obtained from the website at www.generalhydrogen.com.

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