News

TechSys Signs Merger Agreement with Fuel Cell Companies Inc.

May 09, 1999 by Jeff Shepard

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 companies and strategic relationships with world-renowned institutions positions TechSys in the forefront of the micro direct methanol fuel cell industry."