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Home > Company Index > Manufacturing > Miscellaneous Electrical Products > H Power Corp.

H Power Corp.
Nasdaq: HPOW
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 NEWS FROM THE WIRES
H Power fiscal Q4 loss widens, misses estimates
Aug 01 2001 06:27 AM PDT

More WIRE STORIES about this company

 PROFILE
H Power lets electricity users unplug from the grid. The company makes proton-exchange membrane (PEM) fuel cells for stationary, portable, and mobile uses. PEM fuel cells produce electricity efficiently and cleanly through the electrochemical reaction of hydrogen (from fuels such as propane or natural gas) and oxygen (from the air). H Power's fuel cells back up or replace electric grid power in homes, farms, and industrial and commercial sites. Principal funding has come from the Energy Co-Opportunity, Inc., coalition of rural US electric cooperatives and from Canadian venture capital firm Sofinov. Founders Norman Rothstein and Frederick Entman and their families own about 19% and 17% of the company, respectively.

 COMPETITION
Avista Corporation (AVA)
Ballard Power Systems Inc. (BLDP)
Plug Power Inc. (PLUG)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: May
2000 Sales (mil.): 3.70
1-Yr. Sales Growth: 261.5%
Employees: 141
Revenue per employee: $26,241.13

 KEY PEOPLE
• H. Frank Gibbard
    CEO
• William L. Zang
    CFO

 CONTACT INFO
1373 Broad St.
Clifton, NJ 07013
US
Phone: 973-450-4400
Fax: 973-450-9850
Online: Web Site

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