BlueStar Battery Systems International Corp. (Vancouver, BC) announced revenues for the second quarter ended March 31, 1999 of $39.2 million, a 33.9 percent increase from $29.3 million for the same period last year. BlueStar also announced the appointment of James A. Risher as chairman. Net loss for the quarter was $1.4 million, or $0.02 per […]
Altair International Inc. (Cody, WY) announced that its wholly-owned subsidiary, Altair Technologies Inc. has developed essentially 100 percent lithium titanate spinel (Li4Ti5O12) and also nano-sized yttria stabilized zirconia (YSZ) at its facilities in Reno, Nevada. The lithium titanate spinel is currently under investigation for advanced energy storage devices. Nano-sized YSZ is expected to result in […]
Texas Instruments Inc. (TI, Dallas, TX) has announced the new bq2023, a high-performance battery monitor IC for lithium-ion and lithium-polymer-based applications. The...
Electric Fuel Corp. (New York) has begun sales of its zinc-air disposable batteries for cellular phones through its website. Web-users can order...
The Electrobike subsidiary of BAT International (Chula Vista, CA) introduced their new Jazz electric bicycle at last month's Southern California Bike Expo. According to BAT, negotiations are now under way with distributors to facilitate the introduction of Electrobike's product line to major retail chain stores. An agreement for bridge financing is in its final stages […]
Ballard Power Systems (Vancouver, BC) reported first quarter revenues of CDN$6.5 million compared to CDN$4.8 million a year ago. Net loss for the quarter was CDN$8,818,000, or CDN$0.11 per share, compared to a net loss of CDN$8,202,000, or CDN$0.12 a year ago. At March 31, 1999 Ballard's financial condition was strong with shareholder's equity of […]
Tyco Electronics Corp. (Menlo Park, CA) announced the newest addition to its line of PolySwitch PPTC resettable strap devices from its Raychem Circuit Protection division. The new VTP110 device has a maximum width of 2.9mm and can be installed on 3mm-thick lithium-ion prismatic cells. Designed for rechargeable lithium-ion and NiMH prismatic cell packs, the VTP110 […]
TechSys Inc. (Livingston, NJ) reports that it has signed a definitive business agreement to merger with Fuel Cell Companies Inc. (FCCI). FCCI holds a majority interest in Micro Fuel Cell Systems Inc., JPL, and SOFC Energy Inc. (UK). Steven Trenk, president of TechSys, commented, "We're very excited about the merger with FCCI. Their majority-owned technology […]
American Power Conversion Corp. (APC, West Kingston, RI) has expanded its power protection offerings for multi-server environments with a new condensed-size 5000VA tower uninterruptible power supply (UPS). The new APC Smart-UPS 5000 has a footprint of 8.7" x 17", which is among the smallest tower 5000VA units in the UPS industry, according to APC. The […]
Solectria Corp. (Wilmington, MA) announced that a Solectria Force electric sedan powered by GP Nickel Metal Hydride batteries captured first place overall in the 11th annual Northeast Sustainable Energy Association's week-long American Tour de Sol ("NESEA Tour") electric vehicle (EV) championship. This marks the 11th year Solectria has come in first.The winning car, sponsored by […]
Consolidated Power Battery Corp. (PWB, Oak Harbor, WA) announced that, pursuant to the proposed merger between PWB and Portable Energy Products (PEP, Scotts Valley, CA), PWB has decided to integrate its battery charger operations with those of Portable Energy Products. PWB closed down its battery charger operations in Issaquah April 2nd, 1999. PWB's proposed merger […]
Bolder Technologies Corp. (Golden, CO) reported a net loss of $3.4 million, or $0.39 per share, for the first quarter ended March 31, 1999, compared to a net loss of $2.3 million, or $0.29 per share, for the same period a year ago. The firm reported revenues of $81,444 for the first quarter, compared to […]
AER Energy Resources (Atlanta, GA) announced in their first quarter results that they nearly halved their losses compared to the same period last year. Net loss for the first quarter ended March 31, 1999, was $1.14 million, or $0.05 per share, compared to a net loss of $2.11 million, or $0.09 per share for the […]
Signal Technology Corp. (Danvers, MA) reported its first quarter results, with revenues $3.3 million lower than the same quarter last year, falling from $23.7 million to $20.4 million. Net income for the 1999 first quarter, ended March 31, 1999, improved to $639,000, or $0.08 per diluted share, versus net income of $203,000, or $0.03 per […]
Rayovac Inc. (Madison, WI) has filed with US regulators to periodically sell up to $250.0 million in debt securities, preferred and common stock, and warrants. Rayovac said in its Securities and Exchange Commission filing that it plans to use the proceeds for general corporate purposes, such as debt repayment and acquisitions.