News Article

UltraCell Named ''Cool Vendor'' by Leading Analyst Firm; Vendors selected for the ''Cool Vendor report'' are innovative, impactful and intriguing
Date: May 09, 2006
Source: Business Wire ( click here to go to the source)

Featured firm in this article: UltraCell Corporation of Livermore, CA



LIVERMORE, Calif.--(BUSINESS WIRE)--May 9, 2006--UltraCell Corporation has been included in the list of vendors cited in the "Cool Vendors in Emerging Technologies, 2006" report, published March 30, 2006, by Gartner, Inc., and authored by Martin Reynolds, et al.

In summarizing its scope, the Gartner report states: "We examine two sets of related technologies: applications that tie to massively scalable computing resources, and the hardware and software technologies that can cost effectively deliver those resources. We also identify two breakthrough vendors with portable power solutions."

"Totally wireless - portable power anytime, anywhere"

"We are very pleased to be cited in the 'Cool Vendors' list by such a respected organization as Gartner," said James Kaschmitter, UltraCell CEO. "From our perspective, this is a recognition of our groundbreaking reformed methanol fuel cell technology. UltraCell is leading the way in providing a Totally Wireless(TM) solution for portable electronics."

According to Kaschmitter, the UltraCell 25-watt fuel cell, for example, will be able to run a ruggedized laptop computer for up to two working days on a single fuel cell cartridge. It will also run other portable electronic equipment operating off of simple and inexpensive methanol cartridges. In addition, the fuel cell system can be configured with large volumes of fuel for weeks of runtime in stationary applications such as remote video monitoring. Because its lightweight cartridges are also hot-swappable, the UltraCell system can run indefinitely without any need for electrical recharging, as long as fuel is available.

Whether for a soldier on mission or for the on-the-go laptop user, mobile executive, emergency first responder, researcher in a remote location, industrial video maker, or remote electronic monitoring, the UltraCell system means "Totally wireless - portable power anytime, anywhere"(TM).

UltraCell's patented reformed methanol fuel cell (RMFC) system internally generates fuel-cell-ready hydrogen from a highly concentrated methanol solution. The new portable power system thus has the power density of a hydrogen fuel cell but uses readily available, low cost methanol fuel in a convenient, compact cartridge.

About Gartner's Cool Vendors Selection Process

Gartner's listing does not constitute an exhaustive list of vendors in any given technology area, but rather is designed to highlight interesting, new and innovative vendors, products and services. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness of a particular purpose.

Gartner defines a cool vendor as a company that offers technologies or solutions that are: Innovative, enable users to do things they couldn't do before; Impactful, have, or will have, business impact (not just technology for the sake of technology); Intriguing, have caught Gartner's interest or curiosity in approximately the past six months.

About UltraCell

Founded in 2002, UltraCell develops and manufactures complete micro fuel cell systems for portable devices. The company has developed new technologies and intellectual property in the field of methanol-based fuel cells. The company has an exclusive license with Lawrence Livermore National Laboratories for micro fuel cell technology. For more information, please contact: UltraCell Corporation, 399 Lindbergh Ave, Livermore, CA. 94551; Tel.: (925) 455-9400 ; Fax: (925) 455-7750; or visit: www.ultracellpower.com .

About UltraCell Investors

Financial investors in UltraCell include Sevin Rosen Funds (www.srfunds.com), a top-tier venture capital firm funding successful companies since 1981; OnPoint Technologies (www.onpoint.us), a not for profit organization established with funding from the U.S. Army and supporting innovative mobile power initiatives for commercial and military applications; Star Ventures (www.star-ventures.com), an international venture capital group that invests in early-stage, high-tech companies; BankInvest Group (www.biventure.com), a leading Danish investor in new energy technologies; and ES Tech Ventures (www.esfg.pt), a venture capital area of Espirito Santo Financial Group in Portugal.
Contacts
UltraCell Corp.
William Hill, 925-455-9400
whill@ultracellpower.com
or
Maier Advertising Inc.
Harry McBrien, 860-677-4581
harry@maier.com