Proton Energy Systems, Inc. Validates Fuel Cell System Performance For Critical Power Systems

Apr 17, 2001, 01:00 ET from Proton Energy Systems, Inc.

    ROCKY HILL, Conn., April 17 /PRNewswire/ -- Proton Energy Systems, Inc.
 (Nasdaq: PRTN) announced today the results of laboratory studies that
 validated the exceptional response to electrical interruption exhibited by
 Proton's UNIGEN(R) regenerative fuel cell continuous power systems.  In these
 tests, Proton technologists duplicated the actual field use of a UNIGEN backup
 power system and tested its performance in response to an interruption in
 electrical supply under load.  Under test, a ten-cell Proton fuel cell stack
 system responded to the electrical interruption by picking up the load within
 less than one microsecond (0.000001 second).  A response time quicker than
 4000 microseconds is generally considered by the industry to be adequate
 performance for a backup system for digital electronics.
     One key to the superior response capability of the Proton UNIGEN
 continuous power system is that it makes its own hydrogen fuel, a portion of
 which is stored up against the fuel cell stack, chemically ready to react back
 through the fuel cell to provide instantaneous electrical energy.  Because PEM
 fuel cells operate at near ambient temperatures, they can achieve full power
 output very quickly.  Accordingly, response delays associated with other power
 quality devices, stemming from valve operation, fuel pumps or system "warm up"
 are eliminated with Proton's UNIGEN systems.
     Proton's UNIGEN regenerative fuel cell continuous power systems are being
 developed to serve the uninterruptible power needs of telecommunications
 systems and data networks.  These sophisticated digital systems are inherently
 sensitive to electrical interruption and must be protected to achieve the
 highest possible on-line service.  The customary technology to protect these
 systems has been lead-acid batteries backed up by an engine-generator.  Proton
 believes that UNIGEN continuous power systems may provide a superior solution
 that requires less space and less maintenance, costs less, and eliminates
 pollution and fuel deliveries.
     Trent Molter, Proton Energy Systems Chief Technology Officer, remarked:
 "This demonstration establishes the viability of Proton's Regenerative Fuel
 Cell system design and performance to serve as a continuous power system
 without warmup and without relying on ancillary technologies to handle the
 instantaneous load."
     Walter (Chip) Schroeder, President and Chief Executive Officer of Proton
 Energy Systems, went on to say: "Proton Exchange Membrane (PEM) technology is
 enjoying growing recognition for its enormous potential to reshape our
 electricity and energy markets.  Proton's unique approach to fuel cell-based
 energy storage puts us in a great position to capture some of that potential.
     With today's release, we are giving research confirmation that our
 regenerative fuel cell systems can produce electricity as instantaneously as a
 battery to meet high quality uninterruptible power needs.  But because we can
 incorporate many hours or even days of energy storage into our system, we
 believe we can replace both the battery and the backup combustion generators
 required for continuous power needs.  We are working to lower the cost of our
 pollution-free, noise-free continuous power products to make them competitive
 with today's battery-based systems.  We believe our fuel cell-based energy
 storage products will be well-suited for a wide array of environmentally
 sensitive power quality applications."
     To receive additional information on Proton Energy Systems, Inc. at no
 charge, dial 1-800-PRO-INFO and enter code PRTN.
     This press release contains forward-looking statements for purposes of the
 safe harbor provisions under The Private Securities Litigation Reform Act of
 1995. Statements contained herein that are not statements of historical fact
 may be deemed to be forward-looking information. Without limiting the
 foregoing, words such as "anticipates," "believes," "could," "estimate,"
 expect," "intend," "may," "might," "should," "will," and "would" and other
 forms of these words or similar words are intended to identify forward-looking
 information.  Proton's actual results may differ materially from those
 indicated by these forward-looking statements as a result of various important
 factors. Proton disclaims any obligation to update these forward-looking
 statements.  Factors that could cause results to differ materially from those
 contained in Proton's forward-looking statements include, but are not limited
 to, our failure to complete development of our products, failure of our
 products to achieve commercial acceptance, our inability to expand our
 production facilities, manufacture our products at commercially acceptable
 costs or establish distribution relationships, the impact of competitive
 products and other factors detailed in our Form 10-K for the year ended
 December 31, 2000 and other filings made from time to time with the SEC.
 
 

SOURCE Proton Energy Systems, Inc.
    ROCKY HILL, Conn., April 17 /PRNewswire/ -- Proton Energy Systems, Inc.
 (Nasdaq: PRTN) announced today the results of laboratory studies that
 validated the exceptional response to electrical interruption exhibited by
 Proton's UNIGEN(R) regenerative fuel cell continuous power systems.  In these
 tests, Proton technologists duplicated the actual field use of a UNIGEN backup
 power system and tested its performance in response to an interruption in
 electrical supply under load.  Under test, a ten-cell Proton fuel cell stack
 system responded to the electrical interruption by picking up the load within
 less than one microsecond (0.000001 second).  A response time quicker than
 4000 microseconds is generally considered by the industry to be adequate
 performance for a backup system for digital electronics.
     One key to the superior response capability of the Proton UNIGEN
 continuous power system is that it makes its own hydrogen fuel, a portion of
 which is stored up against the fuel cell stack, chemically ready to react back
 through the fuel cell to provide instantaneous electrical energy.  Because PEM
 fuel cells operate at near ambient temperatures, they can achieve full power
 output very quickly.  Accordingly, response delays associated with other power
 quality devices, stemming from valve operation, fuel pumps or system "warm up"
 are eliminated with Proton's UNIGEN systems.
     Proton's UNIGEN regenerative fuel cell continuous power systems are being
 developed to serve the uninterruptible power needs of telecommunications
 systems and data networks.  These sophisticated digital systems are inherently
 sensitive to electrical interruption and must be protected to achieve the
 highest possible on-line service.  The customary technology to protect these
 systems has been lead-acid batteries backed up by an engine-generator.  Proton
 believes that UNIGEN continuous power systems may provide a superior solution
 that requires less space and less maintenance, costs less, and eliminates
 pollution and fuel deliveries.
     Trent Molter, Proton Energy Systems Chief Technology Officer, remarked:
 "This demonstration establishes the viability of Proton's Regenerative Fuel
 Cell system design and performance to serve as a continuous power system
 without warmup and without relying on ancillary technologies to handle the
 instantaneous load."
     Walter (Chip) Schroeder, President and Chief Executive Officer of Proton
 Energy Systems, went on to say: "Proton Exchange Membrane (PEM) technology is
 enjoying growing recognition for its enormous potential to reshape our
 electricity and energy markets.  Proton's unique approach to fuel cell-based
 energy storage puts us in a great position to capture some of that potential.
     With today's release, we are giving research confirmation that our
 regenerative fuel cell systems can produce electricity as instantaneously as a
 battery to meet high quality uninterruptible power needs.  But because we can
 incorporate many hours or even days of energy storage into our system, we
 believe we can replace both the battery and the backup combustion generators
 required for continuous power needs.  We are working to lower the cost of our
 pollution-free, noise-free continuous power products to make them competitive
 with today's battery-based systems.  We believe our fuel cell-based energy
 storage products will be well-suited for a wide array of environmentally
 sensitive power quality applications."
     To receive additional information on Proton Energy Systems, Inc. at no
 charge, dial 1-800-PRO-INFO and enter code PRTN.
     This press release contains forward-looking statements for purposes of the
 safe harbor provisions under The Private Securities Litigation Reform Act of
 1995. Statements contained herein that are not statements of historical fact
 may be deemed to be forward-looking information. Without limiting the
 foregoing, words such as "anticipates," "believes," "could," "estimate,"
 expect," "intend," "may," "might," "should," "will," and "would" and other
 forms of these words or similar words are intended to identify forward-looking
 information.  Proton's actual results may differ materially from those
 indicated by these forward-looking statements as a result of various important
 factors. Proton disclaims any obligation to update these forward-looking
 statements.  Factors that could cause results to differ materially from those
 contained in Proton's forward-looking statements include, but are not limited
 to, our failure to complete development of our products, failure of our
 products to achieve commercial acceptance, our inability to expand our
 production facilities, manufacture our products at commercially acceptable
 costs or establish distribution relationships, the impact of competitive
 products and other factors detailed in our Form 10-K for the year ended
 December 31, 2000 and other filings made from time to time with the SEC.
 
 SOURCE  Proton Energy Systems, Inc.