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BUFFALO, N.Y., November 21, 2007 – NanoDynamics Energy Inc. recently presented preliminary test data demonstrating efficiencies of its G4 cell in excess of 60 percent between 750 and 850 degrees Celsius, while also illustrating 800 hours of operation time with zero degradation. Efficiencies were calculated using lower heating value of fuel into the cell versus power out.
“With short-term data showing efficiencies greater than 60 percent, we are confident that long-term data will illustrate efficiencies in the high 50 percent range,” said Dr. Caine Finnerty, V.P. of fuel cells at ND Energy. “Our G4 cell technology has a 60 percent higher volumetric power density and decreases unit power mass (kg/kW) by more than 60 percent, translating into a smaller, lighter-weight unit with overall reduced production costs.”
According to Finnerty, this is a result of ND Energy’s recent focus on manufacturing process optimization to remove approximately 65 percent of the material from its current G1 cell. In addition, the G4 cell technology has shown rapid temperature ramp-up capabilities of as fast as 550 degrees Celsius per minute.
About NanoDynamics
Headquartered in Buffalo, N.Y., NanoDynamics, Inc. develops and markets products, advanced materials and process technologies that provide clean technology solutions for today’s global challenges, with a principal focus on the international energy, environmental, and infrastructure markets. NanoDynamics Energy, Inc. is a subsidiary of NanoDynamics, Inc.
Safe Harbor
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NanoDynamics Energy Inc. Presents Enhanced Efficiency Test Data at Fuel Cell Seminar 2007
These include, but are not limited to: changes in economic conditions, currency exchange rates or political stability; market acceptance of the company’s products; significant changes in the competitive landscape and/or in collaborative arrangements; changes in law, regulations and tax rates; and other general economic, business and financing conditions and factors outlined in further detail in the company’s filings with the Securities and Exchange Commission. NanoDynamics does not assume obligation to update forward-looking statements made on its behalf, except as otherwise required by applicable law. |
