latest news releases from the newsroom
HydroGen Corporation Appoints Dr. Alton D. Romig, Jr. to Board of Directors
CLEVELAND, Dec. 11, 2007 (PRIME NEWSWIRE) -- HydroGen Corporation (Nasdaq:HYDG), a designer and manufacturer of multi-megawatt air-cooled phosphoric acid fuel cell (PAFC) systems, announced today that Dr. Alton D. Romig, Jr., Senior Vice President and Deputy Laboratories Director for Integrated Technologies and Systems at Sandia National Laboratories, a multi-program Department of Energy lab operated under contract by Sandia Corp., a wholly owned subsidiary of Lockheed Martin, has joined the Company's Board of Directors. In making the announcement, the Company believes that it is now in compliance with NASDAQ's Marketplace Rule 4350(c)(1), which requires the Company to maintain a majority of independent directors on its Board of Directors. Dr. Romig's appointment brings the total number of directors to nine with five being deemed independent.
FuelCell Energy, Inc.
FuelCell Energy Sells 4.8 Megawatts of Ultra-Clean Power Plants to South Korea's Leading Power Producer
DANBURY, Conn., Dec. 11, 2007 (PRIME NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq:FCEL), a leading manufacturer of high efficiency, ultra-clean power plants for commercial, industrial and utility customers, today announced the sale of 4.8 megawatts (MW) of its Direct FuelCell(r) (DFC(r)) to its alliance partner in South Korea, POSCO Power, a unit of one of the world's largest industrial companies, POSCO (NYSE:PKX). Under the order, POSCO Power is purchasing two DFC3000 power plants. These two units will be sold to two independent power purchasers (IPPs), and are slated for delivery and installation in 2009. This order brings POSCO Power's total orders to 12.6 MW since March 2007.
Newtek Business Services Inc.
Newtek Business Services Signs 200th Credit Union Strategic Alliance Partner
NEW YORK, Dec. 11, 2007 (PRIME NEWSWIRE) -- Newtek Business Services, Inc. (Nasdaq:NEWT) (www.newtekbusinessservices.com), a provider of business services and financial products to the small- and medium-sized business market, announced today it has signed its 200th credit union strategic alliance partner.