The Future of Consumer Fuel Cells: Interview with Chairman and CEO of Medis Technologies 

Publication Date:31-August-2005
09:04 AM US Eastern Timezone 
Source:FuelCellWorks

 

 
INDIANAPOLIS--ExecutivesCorner is featuring an in-depth interview with Robert K. Lifton, Chairman and CEO of Medis Technologies Ltd (NASDAQ:MDTL).

The entire PDF interview is available for free to registered members online at www.executivescorner.com/documents/pdf/MDTL/MDTL_interview.pdf.

In the interview Mr. Lifton discusses:

-- The differences between the alkaline based fuel cells produced by Medis versus fuel cells based around a proton-exchange membrane (PEM)

-- The company's agreements with distributor Kensington/Acco to get its products into Circuit City (NYSE:CC), Wal-Mart (NYSE:WMT) and Office Max (NYSE:OMX).

-- Collaborating with mobile operators including one with more than 50 million subscribers.

-- Penetrating the military segment by partnering with defense giant General Dynamics (NYSE:GD).

-- Other fuel cell applications the company may pursue.

About Medis Technologies Ltd

Medis Technologies Ltd. (Nasdaq:MDTL) was established in 1992 in order to exploit new technologies for civilian applications stemming from aerospace and military products. It was formed as a joint venture with Israel Aircraft Industries Ltd., Israeli's leading aerospace company and developer of its most advanced aerospace and military technologies. Medis' current efforts are focused on the advanced development, manufacturing, marketing and distribution of fuel cell products. The disposable Power Pack is a portable auxiliary power source that operates and charges portable electronic devices, such as cell phones, digital cameras, PDAs, MP3 players and other devices with similar power requirements.

Safe Harbor for Forward-Looking Statements:

This press release may contain projections and other forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and changes in consumer and business consumption habits and other factors over which Medis Technologies Ltd. has little or no control.

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