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NanoSignal Corp Order With MGE UPS Systems and FuelCellStore.com For Ballard AirGen Fuel Cell Generators 1/26/2004 9:19:00 PM
LAS VEGAS, Jan 26, 2004 (BUSINESS WIRE) -- NanoSignal Corporation (NNOS) is pleased to announce agreement with MGE UPS Systems a worldwide distributor and service provider for Ballard Power Systems' Air Gen(R) fuel cell generators to purchase Air Gen products through MGE's e-commerce partner, Fuel Cell Store.com. The AirGen(R) fuel cell generator will provide continuous backup power for NanoSignal's new SLICES(TM) image processing workstations used with magnetic resonance imaging (MRI) systems.
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The 1-kilowatt AirGen(R) models will be beta-tested at an initial MRI site operated by Desert Radiology in Las Vegas, Nevada. Upon successful completion of testing, NanoSignal will include an AirGen(R) system with each new SLICES workstation. MGE will provide service for all AirGen(R) units. NanoSignal's unit has been shipped and receipt anticipated by the end of the week for installation.
NanoSignal's SLICES(TM) technology features groundbreaking software that manipulates raw data matrices obtained through the MRI scanning process. Through the use of advanced calculations, SLICES(TM) systems produce images that boast up to 10 times more clarity and resolution than standard MRI processing software.
"Ballard's AirGen(R) fuel cell generator is the perfect solution for MRI applications because of its power conditioning and hours of backup time," stated Jack Pouchet, director of marketing for MGE UPS SYSTEMS, INC. Due to the precise nature of MRI scans, these systems are very susceptible to even the slightest blip in power. The AirGen(R) provides both line filtering and continuous power in a very compact and portable design.
According to NanoSignal's engineering team, "We're seeing many critical applications where traditional battery-based backup systems are not the ideal solution due to limited backup time, space constraints and environmental concerns. The AirGen(R) units will provide NanoSignal's customers with the highest level of power quality and availability."
The portable AirGen(R) generator, powered with Ballard's Nexa(R) power module, is easy to operate. Users simply plug electronic equipment such as the SLICES(TM) workstation or other sensitive systems directly into the AirGen(R) generator. During a power outage, the AirGen(R) fuel cell generator will automatically start protecting connected equipment. Unlike traditional battery backup systems that last just minutes, the AirGen(R) generator quietly generates electricity as long as hydrogen fuel is supplied. Ideal for sensitive electronics, the unit also features built-in surge suppression, insulating connected equipment from damaging surges and "brown-outs."
MGE supports the AirGen(R) fuel cell generator with its network of 900 service specialists in 170 centers worldwide assuring customer satisfaction. For more information on the portable AirGen(R) generator, visit www.fuelcellstore.com or www.mgeups.com/us.
About MGE UPS Systems:
MGE UPS Systems is a world leader in providing high quality power solutions that increase power availability and system uptime to PCs and enterprise-wide networks, mission-critical telecommunication systems, and industrial/manufacturing processes. MGE's comprehensive product offering includes Uninterruptible Power Supplies (UPSs), inverters, rectifiers, power management software, active harmonic conditioner, and surge suppressors that provide MGE's customers with end-to-end infrastructure solutions. With its Total Quality Management and MGE Power Services programs, supported by a network of 900 service specialists in 170 centers worldwide, MGE's customers are assured of the highest-level of quality and service throughout the complete life cycle of their installations.
With U.S. headquarters in Costa Mesa, California, MGE is able to deliver the latest in innovative solutions round the globe. To learn more about MGE's power protection, conversion and distribution solutions, visit MGE's Web site at www.mgeups.com.
About FuelCellStore.com:
FuelCellStore.com, based in Colorado, is a leading global distributor of fuel cell products. The company is one of the first online portals dedicated to offering commercially available fuel cell systems and associated products directly to consumers. More than 100 companies from around the world are now working with FueCellStore.com to bring their products to the global marketplace.
About Ballard Power Systems:
Ballard Power Systems is recognized as the world leader in developing, manufacturing and marketing zero-emission proton exchange membrane fuel cells. Ballard is commercializing fuel cell engines for transportation applications and fuel cell systems for portable and stationary products. Ballard is also commercializing electric drives for fuel cell and other electric vehicles and power conversion products, and is a Tier 1 automotive supplier of friction materials for power train components. Ballard's proprietary technology is enabling automobile, bus, electrical equipment, portable power and stationary product manufacturers to develop environmentally clean products for sale. Ballard is partnering with strong, world-leading companies, including DaimlerChrysler, Ford, EBARA, ALSTOM an FirstEnergy, to commercialize Ballard(R) fuel cells. Ballard has supplied fuel cells to Honda, MGE UPS SYSTEMS, Mitsubishi, Nissan, and Volkswagen, among others.
This press release contains "forward-looking statements" within the meaning of Private Securities Litigation Reform Act of 1995. Such statements can be identified by lead-in "Looking Forward". These statements are not guarantees of future performance and involve significant risks and uncertainties. Actual results may vary materially from those in the forward-looking statements as a result of the effectiveness of management's strategies and decisions, general economic and business conditions, new or modified statutory or regulatory requirements, and changing price and market conditions. No assurance can be given that these are all the factors that could cause actual results to vary materially from the forward-looking statement.
SOURCE: NanoSignal Corporation
Princeton Research, Inc. Michael King, 702-650-3000
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