SOURCE: symPowerco Corp.

June 16, 2008 08:30 ET

SymPowerco Provides Fuel Cell Design and Performance Details

LAS VEGAS, NV--(Marketwire - June 16, 2008) - SymPowerco Corporation (PINKSHEETS: SYMW) CEO John Davenport today announces benchmark performance and operational details of SymPowerco Corporation's unique Flowing Electrolyte Direct Methanol Fuel Cell (FE DMFC).

The company's operational 5 Watt (5W) FE DMFC, located in the laboratories of SymPowerco's development partner, Carleton University in Ottawa, Canada, proves the viability of the Flowing Electrolyte principle by demonstrating a 30% improvement in output of the fuel cell stack compared to previous designs. The stack generates up to 5 Watts of power with all cells in the stack converging towards essentially identical performance.

The 5W stack demonstrates that the flowing electrolyte design effectively eliminates inefficiencies caused by methanol crossover, a performance-limiting factor found in other DMFC designs. The 5W stack also demonstrates a viable method of removing methanol from the recirculated electrolyte, a method that indicates the potential for several additional operational and performance benefits in future commercial designs.

The 5W stack has provided SymPowerco and its partners with design criteria and performance data that are serving as benchmarks in the design of the imminent next phase of our Flowing Electrolyte DMFC development program.

Stated SymPowerco CEO, John Davenport, "We are very pleased with this 5W unit. It's going to continue to provide us with design and performance data, even as we ramp up the many aspects of our fuel cell program. Almost everything we do next will be based on the benchmarks provided by this fuel cell stack and the hybrid power system that it powers."

SymPowerco Corporation develops advanced fuel cell and power delivery systems for the rapidly growing personal transportation and portable power system markets being created by today's energy and environmental challenges.

Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors such as the level of business and consumer spending, the amount of sales of the Company's products, the competitive environment within the industry, the ability of the Company to continue to expand its operations, the level of costs incurred in connection with the Company's expansion efforts, economic conditions in the industry and the financial strength of the Company's customers and suppliers. The Company does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.

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