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Home > Company Index > Manufacturing > Miscellaneous Electrical Products > Evercel, Inc.

Evercel, Inc.
Nasdaq: EVRC
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 NEWS FROM THE WIRES
Evercel top management resigns, new team named
Jul 18 2001 01:49 PM PDT

EU mergers and takeovers = 2
Jul 18 2001 01:49 PM PDT

More WIRE STORIES about this company

 PROFILE
Evercel, spun off from the former Energy Research Corporation (now FuelCell Energy), has entered the race of the battery-powered bunnies. The company has begun marketing its patented, advanced nickel-zinc (Ni-Zn) rechargeable battery designed to power electric vehicles, golf carts, power tools, and consumer products. Evercel believes its battery can compete against standard nickel-cadmium, nickel-metal hydride, and lead acid batteries. So far the marketing efforts have gained a license agreement with Nan Ya Plastics Corp. of Taiwan and a license agreement and joint venture with Xiamen Three Circles. The companies plan sell their batteries in China, Taiwan, and other countries in Southeast Asia.

 COMPETITION
BOLDER Technologies Corporation (dossier)
Duracell (dossier)
Valence Technology, Inc. (VLNC)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 0.20
1-Yr. Sales Growth: 0.0%
Employees: 315
Revenue per employee: $634.92

 KEY PEOPLE
• Robert L. Kanode
    CEO
• Daniel J. Samela
    CFO

 CONTACT INFO
2 Lee Mac Ave.
Danbury, CT 06810
US
Phone: 203-825-3900
Fax: 203-825-6100
Online: Web Site

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