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South Shore Resources (SSHO.PK)
(Other OTC SSHO.PK) has got your number — especially when it comes to gas mileage and fuel economy.
With its revolutionary HyProStar Hybrid Conversion Kit, Hydrogen Generating Modules help to increase your engine’s performance and gas mileage, while at the same time reducing exhaust emissions by electrolyzing a small amount of water which produces hydrogen and oxygen. The hydrogen and oxygen mixture is then injected into the engine’s intake manifold providing the fuel with clean-burning energy.
Recently the company announced that it has filed a provisional patent with the US Patent & Trademark Office (Application No. 61/187,716), which describes the technique by electrolysis to produce oxyhydrogen for its Hydrogen On Demand Hybrid Conversion Kit. The technology has been proven to increase fuel economy by 25 percent or more on most vehicles.
Ballard Power Systems (TSX: BLD; NASDAQ: BLDP)
(NASDAQ: BLDP) announced that Bruce Cousins, the company’s CFO, is leaving to pursue other career interests and, effective June 14, Tony Guglielmin will join the company as Chief Financial Officer. Mr. Cousins will remain with Ballard through June 30 to work with Mr. Guglielmin and ensure a smooth transition.
Mr. Guglielmin was most recently CFO at Canada Line Rapid Transit Inc., which planned and constructed a $2 billion rapid transit system in metropolitan Vancouver. Before that role Mr. Guglielmin served as Corporate Treasurer at BC Hydro and in a series of VP-level financial leadership roles at Finning International. Mr. Guglielmin is a chartered financial analyst with BA and MBA degrees from McGill University in Montreal.
Ballard Power Systems (TSX: BLD; NASDAQ: BLDP) provides clean energy fuel cell products enabling optimized power systems for a range of applications. To learn more about Ballard, please visit www.ballard.com.
Exide Technologies (Nasdaq:XIDE)
(Nasdaq:XIDE) a global leader in stored electrical-energy solutions, announced today that Edward (E.J.) O’Leary, President and Chief Operating Officer, submitted his resignation, effective as of June 16, 2010.
Mr. O’Leary, 54, has a career spanning more than 30 years in the automotive and industrial sectors. He joined Exide Technologies in July, 2005 as President - Transportation Americas. In this role, he assisted the Company in successfully building closer relationships with the Company’s customers and suppliers for transportation products and services. He also strengthened the Exide(R) brand within domestic markets; implemented successful programs across the operating division that drove profitability and quality; and enhanced the levels of pride and loyalty among Exide employees.
(Nasdaq:XIDE) with operations in more than 80 countries, is one of the world’s largest producers and recyclers of lead-acid batteries. The Company’s four global business groups — Transportation Americas, Transportation Europe and Rest of World, Industrial Energy Americas and Industrial Energy Europe and Rest of World — provide a comprehensive range of stored electrical energy products and services for industrial and transportation applications.
Transportation markets include original-equipment and aftermarket automotive, heavy-duty truck, agricultural and marine applications, and new technologies for hybrid vehicles and automotive applications. Industrial markets include network power applications such as telecommunications systems, electric utilities, railroads, photovoltaic (solar-power related) and uninterruptible power supply (UPS), and motive-power applications including lift trucks, mining and other commercial vehicles.
Further information about Exide, including its financial results, are available at www.exide.com.
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