Pacific Fuel Cell Announces Acquisition of Intellectual Property

December 01, 2004 by Jeff Shepard

Pacific Fuel Cell Corp. (PFCE, Tustin, CA), a producer of nanotechnology-based fuel cells for the portable and micro fuel cell market, announced that it has acquired certain rights to a new methanol-resistant cathodic catalyst for direct-methanol fuel cells, and has filed a provisional patent in the name of the co-inventors, Yushan Yan and Xin Wang. The new catalyst should eliminate the mixed potential problem at the cathode, and thus significantly increase the fuel cell efficiency.

Additionally, Yan has been appointed a member of the board of directors for Pacific Fuel Cell. Yan is a leading authority on proton-conductive membranes and nanostructured electrodes.

Pacific Fuel Cell President George Suzuki stated, "PFCE is planning to produce a commercial fuel cell prototype in its new laboratory at UCR Research Park, utilizing this and other proprietary technology owned or licensed by the company. We welcome Professor Yan to the board and are confident that he will make a major contribution to the success of our company."