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Article Excerpt
ALBANY, N.Y. -- Mechanical Technology Inc. held its annual shareholders meeting Thursday, March 7, 2002, in Albany, New York, and demonstrated its most recent micro fuel cell prototype and discussed Company activities and progress.
Videotaped executive presentations and accompanying PowerPoint slides will be available by or before 5 p.m., Friday, March 8th on the Company's website, http://www.mechtech.com/.
The focus of the meeting was the micro fuel cell commercialization efforts of its subsidiary MTI MicroFuel Cells Inc., and the debut of the first version of its newest prototype. Dr. William P. Acker, president of Mechanical Technology, noted that the prototype was two months ahead of its scheduled May introduction, around 20 percent smaller than the Company's October 2001 prototype and more sophisticated -- with integrated electronic controls and a power output from the...
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