Millennium Cell, DaimlerChrysler Continue Hydrogen Storage Cooperation

Autoparts Report, Dec 19, 2002

Millennium Cell Inc., a leading technology solutions company that has created a proprietary technology to safely store, generate and deliver pure hydrogen utilizing sodium borohydride, and DaimlerChrysler have moved into a new phase of their business relationship, with DaimlerChrysler agreeing to fund continued development of the Millennium Cell Hydrogen on Demand hydrogen fuel system for the automaker's fuel cell vehicles.

"For over two years, we have benefitted from our cooperative relationship with the Liberty group of DaimlerChrysler. . . . we are pleased to announce our continued cooperation to further develop the Hydrogen on Demand fuel system for their fuel-cell powered vehicles," said Rex E. Luzader, Millennium Cell Vice President, Business Development for Transportation and Hydrogen-Fuel Infrastructure.

Last year, DaimlerChrysler became the first automaker to produce a vehicle using Millennium Cell's sodium borohydride-based Hydrogen on Demand fuel system. "The success of the Natrium Town & Country minivan has exceeded our expectations and we are now focusing on further optimizing the fuel system in the areas of heat and water management," said Thomas Moore, Vice President, DaimlerChrysler's Liberty & Technical Affairs research and development group.